‘Kalaari Capital has seen more than $100 million in exits this year’
Live MintVani Kola-led Kalaari Capital has returned more than $100 million in exits in the current calendar year. This comes at a time when the backer of unicorn companies like Elastic Run, Dream11 and Upstox, among others, has pumped in around $25 million in more than 10 companies this calendar year, Kola said in an interview with Mint. The firm has already invested around 60% of the fund and will look at raising a new fund later next year after having finished investing almost 80% of the corpus, according to Kola. I think there is a whole commerce adoption, commerce enablement model that will continue to see India innovate and fast forward like whether it's the social commerce, quick commerce, I think we'll see other models emerge as well for different segments of the market opportunity," she said.