Bibit 65m Capital is an India-based venture capital firm. The firm was founded in 2016 by Bibit Goyal and Gaurav Jain.
Bibit 65m Capital invests in early to mid-stage companies across a range of sectors in India. The firm is particularly interested in companies that are solving problems in the areas of healthcare, education, and clean energy.
In 2018, Bibit 65m Capital raised a $65 million fund. Investors in the fund include Accel Partners, Sequoia Capital, and Tiger Global Management.
Bibit Goyal is a founding partner of Bibit 65m Capital. Prior to launching the firm, he was a partner at Accel Partners. Gaurav Jain is a also a founding partner of Bibit 65m Capital. He previously worked at Tiger Global Management.
Investments
Bibit 65m Capital has made a number of investments in Indian startups.
In 2016, the firm invested in HealthifyMe, a healthcare and fitness startup. The company raised a $6 million Series A round from Bibit 65m Capital and other investors.
In 2017, Bibit 65m Capital led a $1.6 million seed investment in EDUGILD, an edtech startup.
In 2018, the firm invested in two healthcare startups: mfine and Portea Medical. mfine raised a $4.2 million Series A round from Bibit 65m Capital and other investors. Portea Medical raised a $10 million Series C round from the firm and other investors.
In 2019, Bibit 65m Capital made an undisclosed investment in CareStack, a healthcare startup.
Portfolio Companies
Some of Bibit 65m Capital’s portfolio companies include:
HealthifyMe: HealthifyMe is a healthcare and fitness startup. The company was founded in 2012 by Tushar Vashisht and Sachin Shenoy. The company raised a $6 million Series A round from Bibit 65m Capital and other investors.
EDUGILD: EDUGILD is an edtech startup. The company was founded in 2016 by Gaurav Singh and Manish Kumar. The company raised a $1.6 million seed investment from Bibit 65m Capital and other investors.
mfine: mfine is a healthcare startup. The company was founded in 2016 by Ashutosh Lawania and Prashant Giriwal. The company raised a $4.2 million Series A round from Bibit 65m Capital and other investors.
Portea Medical: Portea Medical is a healthcare startup. The company was founded in 2013 by Meena Ganesh and Kamesh Maheshwari. The company raised a $10 million Series C round from the firm and other investors.
CareStack: CareStack is a healthcare startup. The company was founded in 2018 by Gautham Sastry and Jishnu Bhattacharjee. The company raised an undisclosed investment from Bibit 65m Capital.
Conclusion
Bibit 65m Capital is a venture capital firm that invests in early to mid-stage companies in India. The firm is focused on companies that are solving problems in the areas of healthcare, education, and clean energy. In 2018, the firm raised a $65 million fund.
Related FAQs
- What is Bibit 65m Capital?
Bibit 65m Capital is an India-based venture capital firm. The firm was founded in 2016 by Bibit Goyal and Gaurav Jain. Bibit 65m Capital invests in early to mid-stage companies across a range of sectors in India.
- Who are the partners of Bibit 65m Capital?
The partners of Bibit 65m Capital are Bibit Goyal and Gaurav Jain.
- How much capital does Bibit 65m Capital manage?
Bibit 65m Capital manages $65 million in capital.
- What is bibit 65m sequoia indiashutechcrunch?
Bibit 65m Sequoia is an India-based venture capital firm. The firm is a joint venture between Bibit Goyal of Bibit 65m Capital and Sequoia Capital.
- What is bibit sequoia indiashutechcrunch?
Bibit sequoia capital indiashutechcrunch is an India-based venture capital firm. The firm is a joint venture between Bibit Goyal of Bibit 65m Capital and Sequoia Capital.
