Perspective

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Deep insights, inspiration, founder stories, and comprehensive reports.

Why we invested in MilkBasket

Today, we are very excited to announce Kalaari Capital’s investment in Milkbasket — partnering with founding team Anant, Ashish, Yatish, and Anurag. Their journey towards building a great household brand for grocery shopping in India is exciting to us and we hope to foster a long-term relationship with Milkbasket and see this goal come to light.
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PERSPECTIVE

Why We Invested in Modulus Housing

India is undergoing one of the world’s largest infrastructure buildouts. With over $1.3 trillion allocated under the National Infrastructure Pipeline and an estimated $5.8 trillion real estate market by 2047, the construction sector is poised to contribute 15.5% to India’s GDP – up from the current 7.3%.

Why We Invested in Mozark

As mobile data becomes the backbone for many consumer services, we believe that the quality of data networks and data science around it will be a huge market opportunity.
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Why We Invested in NudgeBee

Over the last decade, enterprise software has moved decisively to cloud-native, multi-cloud, containers, and microservices. The way enterprises build software has fundamentally changed. The way they operate it has not.
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Why We Invested in Pascal Ai

In the 1960s, Eugene Fama developed the Efficient Market Hypothesis (EMH), which argues that financial markets are informationally efficient—meaning asset prices always reflect all available information.
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Why We Invested in Peer Robotics

Peer Robotics heuristics-based tech stack enables out-of-the-box, flexible material handling deployment without heavy integration costs.
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Why We Invested In Portl

Kalaari Capital breaks down its investment in Portl — an AI-driven connected fitness device tackling India’s biggest workout pain points: adherence, personalization, space, and access.
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Why We Invested in Pype AI

Pype AI scales hospital front-desk operations by deploying deeply integrated, voice-led autonomous agents that eliminate administrative overhead and reduce patient no-shows
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Why We Invested?

SaaS from Scratch: Saahil Goel on Building Shiprocket: 7 Years of Pivots, ₹10L to India's Largest E-Commerce Enablement Platform

Every founding story has a pivot. Saahil Goel had seven years of them and built India's largest e-commerce enablement platform on the other side.

SaaS from Scratch: Sashi Narahari of HighRadius on Bootstrapping, Enterprise SaaS, and Why He Raised Too Late

Sashi Narahari built HighRadius to a $3B valuation without taking outside capital for years, then admitted it was a mistake. This is what he'd do differently, and why.

Smart Glasses: Unlocking the Next Frontier in AR

Imagine it’s 2030. You’re driving around and spot a house for sale. With a single glance, you instantly know its listing price, property taxes, and can even see a virtual tour of the interior—without reaching for your phone or asking a single question.
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Space, EVs, Fintech, and the Founders Rewriting India's Rules

From 15-minute EV charging and satellites tracking space traffic to a fintech founder who bootstrapped for 11 years, this edition of Venture Forward covers the innovations, investments, and ideas pushing India's next frontier forward.
NEWSLETTERS

The ₹4 Problem — A CXXO Report

For every ₹100 deployed into Indian startups, women founders see ₹4.
REPORTS

The Builders, The Believers

It takes exceptional people and an ecosystem that brings together founders, researchers, investors, and operators to build the next generation of India’s technology companies. At Kalaari, this belief continues to shape how we think about building India’s technology future. We recently opened applications for the next batch of the @Kalaari Fellowship program, which we have been running for a decade now to induct extraordinary talent into the venture capital industry. Read about this in the latest edition of 𝘝𝘦𝘯𝘵𝘶𝘳𝘦 𝘍𝘰𝘳𝘸𝘢𝘳𝘥.
NEWSLETTERS
Editions

The EO Report: Value Chain, Opportunity and Where India is Headed

Earth observation has an $80B opportunity across agriculture, defense, maritime, and a range of other industries -- but only $6B of this opportunity has been captured. Investments, however, are steadily rising.
REPORTS
PERSPECTIVE

The Future of AgriTech in India

Agriculture and allied sectors contribute roughly 14% ($276 Bn in 2020) to India’s GDP. Yet we have to date not witnessed a tech unicorn emerge from the sector, despite having over $600M in VC funding over the last 5 years.
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