Reddit r/StartUpIndia

Indian VC shitlist

We've personally interacted with partners/associates of these funds and absolutely DO NOT recommend raising from these people, some of these are hardcode sociopaths and do not give two fucks about the founder or the companies they're funding.

Starting from the worst to least worst:

1. PeakXV - Many many many infamous stories about Shailendra Singh screwing founders, passing employees, doing inhumane shit with founders. Even billionaire founders of Flipkart Sachin and Binny Bansal don't recommend working with them.
2. Antler India - interacted with their partners and some founding team members, again, the entire founder-friendly VC thing is a marketing gimmick. They call themselves "Founders masquerading as VCs", they're "dumbasses masquerading as smart asses".
The partner RS who got screwed by Kalaari Cap himself is now screwing other founders.
3. Kalaari Capital - was debating whether they should be on the 1st position but ig they're less worse than PeakXV, typical sociopathic bullshit. Mukesh bhai (Ambani) is the biggest LP in Kalaari so you probably know how they operate, typical chindi lala shit.
4. Matrix VP - Funded a bunch of shell companies that don't even have working products and $10s of millions raised, Murf.ai is a good example of a trash product that looks like it was built in 2007.
5. Lightspeed India - infamous for their info-collection calls with no intent to invest whatsoever, and then invest in your competitor. Also, ghosts founders all the time and treat them like objects (ofc). Cooks up financial crimes bribing accounting firms.
6. 9Unicorns/VCats - Founder Dr. Apoorva Ranjan Sharma, is an absolute trashbag of a person, known to humiliate founders and treat them like shit, typical chindi lala bs - doesn't have ANY idea on what he's talking about, corrupt as fuck - shell company funder.
7. Inflection Point VC - after seeing how they operate internally, my mind was blown - blackmailed founders into leaving their own companies, cooked up financial crimes and what not.
8. Kushal Bhagia/FC/India Quotient - known for shadowbanning founders for rejecting term sheets, typical socioapth stuff, know founders that have had mental breakdowns after interacting with Anand Lunia (soulless snake motherfucker).

Bunch of others but these guys are the absolute worst, big believer of Karma and I'm sure these guys will get ass fucked sooner or later.

Founder ExperienceFundraising ProcessPortfolio SupportPartner Access
Negative

Community discussion summarized by VC Dekho. Not verified editorial content.