India VC Exit Performance
Funds Realized Breakdown Deals Detail Method
Speculative Every number here was parsed and estimated by AI from public reporting. These funds do not disclose fund-level DPI, IRR or returns, so those figures are inferred and may well be wrong. Treat the whole thing as a directional sketch, not a record of fact. Not investment advice.
A Reckoning · 2021–2025 Vintages

01 — Fund-level performance

Who returned capital

Indian VC funds rarely disclose DPI or IRR. The figures below triangulate disclosed exits, IPO offer-for-sale amounts and fund sizes. Sort any column; filter by stage or sector.

02 — Cash versus paper

Realized proceeds versus unrealized marks

The bar shows distributions already returned to LPs (cash) against value still held on paper. In Indian venture, most "returns" remain unrealized marks.

Realized (cash to LPs) Unrealized (paper marks)
03 — Multiples, vintage, sector

Where the returns concentrate

Each fund plotted by realized multiple (DPI) against vintage. Bubble size is AUM. Below: exits by listing year and the sector mix of tracked exits.

DPI by vintage

Realized multiple (cash returned per dollar in) vs fund vintage span. Bubble = AUM.

Sector focus across funds

How many of the tracked funds are active in each sector (funds span several).

VC-backed exits by year

Count of tracked marquee exit events per listing/transaction year.

Realized capital, top funds

Cash returned to LPs, USD millions (estimated).

04 — Marquee deals

The exits that defined the decade

The headline liquidity events. Some predate the 2021–2025 window but anchor every Indian VC's track record.

05 — Portfolio detail

Fund by fund

The full profile for every fund tracked, including former names, headline marks and notable positions.

06 — Data & method

What we know, and what we estimated

How to read this

Confidence flags

  • Reported — from a named public statement, filing or fund disclosure.
  • Estimate — our triangulation from deal values and disclosed stakes. Directional, not audited.

Primary sources

    Caveats

    • Fund-level DPI/IRR for Indian VCs is mostly private; treat fund marks as directional.
    • Crossover investors (Tiger Global) are shown for deal context, not as India-dedicated VC.
    • Unrealized marks can fall: several 2021-vintage marks have since been written down.