Sudhir Sethi

Founder and Managing General Partner, IDG Ventures India
Bengaluru, Karnataka,India
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Who Is Sudhir Sethi?

Total Experience120 years
CompanyIDG Ventures India
CountryIndia

Sudhir Sethi is a highly influential figure in the Indian venture capital landscape, renowned as the Founder and Chairman of Chiratae Ventures (formerly IDG Ventures India), one of India's leading early-stage technology venture capital firms. With over three decades of rich experience spanning technology, entrepreneurship, and investments, Sudhir has been instrumental in identifying, nurturing, and scaling numerous successful technology companies in India. His career began in the IT services industry, where he held leadership positions and co-founded a successful IT services company, before transitioning to venture capital. At Chiratae, he has championed investments across diverse tech sectors including consumer media & tech, cloud/software, health-tech, and fin-tech. Sudhir is recognized for his deep market understanding, strategic insights, and his unwavering commitment to fostering innovation and supporting the Indian startup ecosystem. He is a mentor to many entrepreneurs and actively contributes to policy discussions shaping the venture capital and startup environment in India.

How Did Sudhir Sethi's Career Path Shape Their Journey?

Sudhir Sethi's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

IDG Ventures India - Founder and Managing General Partner(2006 to Present)
Wipro - President(2000 to Present)
Infotech Enterprises - President & Executive Director(2002 to 2006)
Wipro Limited - Information Technology Division - Vice President(1996 to 1998)
Wipro Infotech - Vice President Strategic Marketing(1986 to 1998)
Wipro Technologies - Software Products Division - Group Vice President(1986 to 1998)
Wipro Infotech - Peripherals div - Vice President(1986 to 1998)
WeP Peripherals Limited - Vice President(1994 to 1996)
University of Delhi - MBA from Faculty of Management Studies(1981 to 1983)

What Are Sudhir Sethi's Key Achievements?

Founder and Chairman, Chiratae Ventures

Successfully established and leads Chiratae Ventures (formerly IDG Ventures India), transforming it into one of India's premier early-stage technology venture capital firms with a significant portfolio of successful investments like Myntra, Lenskart, FirstCry, and PolicyBazaar.

Pioneer in Indian Venture Capital

Recognized as a key architect of the Indian venture capital industry, playing a pivotal role in its evolution and growth over the past two decades. He has consistently backed innovative ideas and visionary entrepreneurs.

Recipient of TiE Bangalore Lifetime Achievement Award

Honored with the Lifetime Achievement Award by TiE (The Indus Entrepreneurs) Bangalore in 2019 for his outstanding contributions to entrepreneurship and the venture capital ecosystem in India.

Forbes India 'Midas Touch' List

Frequently featured in Forbes India's 'Midas Touch' list, recognizing him as one of the most successful and influential venture capital investors in the country.

Active Ecosystem Builder

Serves on the boards of several portfolio companies, providing strategic guidance. He has also been actively involved with industry bodies like the Indian Venture and Alternate Capital Association (IVCA) and NASSCOM, contributing to policy advocacy.

What's Sudhir Sethi's Educational Background?

ISC, Physics Maths Chemistry

Faculty of Management Studies - University of Delhi - Year 1981

1981-83, Marketing

Faculty of Management Studies - University of Delhi - Year 1981

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Company Overview

IDG Ventures India
Total employees77
HeadquartersBengaluru
Founded2006

Chiratae Ventures, formerly known as IDG Ventures India, is a leading Indian venture capital firm that invests in early-stage technology-driven companies. They focus on visionary entrepreneurs building disruptive solutions for India and the globe. Their key investment sectors include Consumer Media & Tech, Cloud/SaaS, DeepTech, AgriTech, FinTech, and HealthTech. Chiratae aims to be a long-term partner, providing capital, mentorship, and access to a global network to help startups scale and succeed. Notable past investments include Myntra, Lenskart, FirstCry, and Policybazaar.

IDG Ventures India Funding Information
Unknown - Total Funding Raised
$100M - Most recent funding amount
5 - Number of funding rounds
28 Nov, 2023 - Latest funding round
Lead Investors:
International Data Group (IDG) (Historically for IDG Ventures India funds)
Various Institutional Investors (e.g., Fund of Funds, Endowments, Foundations)
Family Offices
High Net Worth Individuals

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