Kettleborough VC

Overview

Kettleborough VC is a venture capital firm based in Ahmedabad, Gujarat, India, focusing on early-stage investments in technology-driven startups. The firm was founded in 2021 by Nisarg Shah, who serves as the General Partner. Kettleborough VC is a SEBI-registered AIF-Cat 1 venture capital fund, emphasizing investments in sectors such as financial services, commerce infrastructure, and software platforms. The firm's investment strategy centers on backing seasoned founders with over a decade of expertise in their respective domains. Kettleborough VC typically invests between $300,000 and $500,000 in initial seed funding, with significant reserves allocated for follow-on investments. The firm maintains a disciplined approach, focusing on ventures that align with the founders' market experience and networks. Since its inception, Kettleborough VC has invested in over 30 companies, participating in more than 80 follow-on rounds and achieving over 10 exits. Notable portfolio companies include Zippmat, InPrime, Finhaat, Elivaas, and Sumosave. The firm launched its second fund in July 2025, targeting a corpus of INR 80 crore, with the first close at INR 35 crore, backed by family offices and entrepreneurs from India and the United States. Kettleborough VC's approach is characterized by a high-conviction, construct-specific investment philosophy, focusing on sectors where the founders possess deep domain expertise and a strong market fit. The firm emphasizes capital efficiency and execution readiness, aiming to support ventures that are well-positioned to scale and succeed in their respective markets.

Investment Focus

• Seasoned founders with over a decade of expertise in their domain
• Strong market alignment
• Capital efficiency
• Execution readiness

Portfolio Companies