Soonicorn Ventures: Democratizing Startup Investments and Backing Transformative Tech
Entrepreneur2 months ago
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Soonicorn Ventures: Democratizing Startup Investments and Backing Transformative Tech

startupfunding
techinvestments
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indianstartups

Summary:

  • Soonicorn Ventures (SV) is a platform democratizing quality startup investments with over 2,500 investors.

  • SV focuses on backing transformative tech startups at the seed to Series A stages, prioritizing strong founding teams with clear visions.

  • Key sectors of interest include electric mobility, sustainable technologies, digital platforms, and AI-driven solutions.

  • SV is committed to backing startups that contribute to societal well-being and environmental sustainability.

  • SV has backed over 40 startups, including notable names like Zypp Electric, ZingBus, Samosa Party, and Skylark Drones.

Soonicorn Ventures: Democratizing Startup Investments and Backing Transformative Tech

Vijay Singh Rathore, co-founder of Soonicorn Ventures (SV), is on a mission to democratize quality startup investments. Since its founding in January 2022, SV has built a robust platform of over 2,500 investors, including HNIs, VC/PE funds, family offices, and angel networks.

SV's Approach

SV focuses on backing transformative tech startups at the seed to Series A stages, with an average ticket size ranging from INR 25 lakh to INR 3 crore. They prioritize strong founding teams with clear visions and execution capabilities.

Key Sectors of Interest

SV is particularly interested in startups operating in sectors like electric mobility, sustainable technologies, digital platforms enhancing operational efficiencies, and AI-driven solutions. They seek companies that not only demonstrate strong growth potential but also contribute to societal well-being and environmental sustainability.

Notable Success Stories

One notable success story involves facilitating a strategic partnership between two portfolio companies, a gig platform and an HR and payroll company. This collaboration helped the HR tech company reach a broader user base through the gig platform's workforce, accelerating growth for both startups.

Investment Highlights

SV has backed over 40 startups, including notable names like:

  • Zypp Electric
  • ZingBus
  • Samosa Party
  • Dharaksha
  • Burger Singh
  • Skylark Drones
  • Skye Air

Key Investment Metrics:

  • Portfolio Size: 41
  • Average Ticket Size: INR 50 lakh
  • Total Exits: None
  • Total Assets Under Management: Approx INR 10 Cr till date

Vijay Singh Rathore's Vision

With the acquisition of a SEBI licence for a CAT-1 Angel Fund in August 2023, SV is well-positioned to continue supporting early-stage startups with funding and guidance. Vijay Singh Rathore is optimistic about the future of the startup ecosystem, particularly in the areas of electric mobility, sustainable technologies, and AI-driven solutions. SV's commitment to backing transformative tech startups and its focus on societal impact positions it as a key player in the Indian startup landscape.

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