We use cookies for analytics and ads to improve your experience. You can accept or decline. See our Privacy Policy.
We Invest in Technologies That Enable More With Less
Chakra India Growth Fund (IN/AIF1/23-24/1296) is a SEBI-registered Category I Alternative Investment Fund managed by the India investment management entity of Chakra Growth Capital — a global alternative investment platform backed by Rangarajan 'Sri' Purisai, Managing Director and Founder. Chakra Growth Capital evolved from RiSo Capital (founded 2019, Silicon Valley), Sri Purisai's early-stage India-focused VC that built a 20+ company portfolio including Zypp Electric, Spintly, Freightify, Crediwatch, Zvolv, IonEnergy, and Ambee. Chakra extends that platform into growth-stage investing — targeting asset-light, software-led, AI-driven enterprises in industrial automation, energy transition, mobility, and data infrastructure. The SEBI AIF provides the domestic fund vehicle for India-linked investments, operated from BHIVE Workspace, Koramangala, Bangalore. Chakra's selection rate is below 1% from reviewed opportunities.
Chakra Growth Capital invests in technologies that enable 'More with Less' — backing software-led, AI-driven enterprises that reindustrialise legacy markets and accelerate climate solutions. The fund operates a 'Venture Equity' structure combining venture-style upside with private equity-level discipline. Investment focus spans: (1) AI infrastructure, industrial automation, mobility, and energy systems; (2) data-centric software platforms enabling efficiency, electrification, and digital transformation of large traditional sectors; (3) asset-light, compounding-value business models that scale without capital intensity. Chakra backs founders at the 'validation to velocity' inflection point — post-PMF companies ready to move from ad hoc operations to scalable, repeatable systems. The team brings hands-on operating experience scaling businesses from USD 10M to USD 100M+, deploying deep operational partnership alongside capital. Geographic lens is global with strategic emphasis on India-linked innovation serving international markets.

Sri Purisai (Rangarajan Purisai)
Founder & Managing Director
Sri Purisai (full name Rangarajan Purisai) is the Founder and Managing Director of Chakra Growth Capital and the SEBI contact person for Chakra India Growth Fund. He is also the founder and partner of RiSo Capital LLC (founded 2019, Saratoga, CA), the US-based predecessor early-stage fund. He holds an MS in Electrical Engineering from Santa Clara University (1998) and has prior operating experience at Beam Semiconductor and infiniDome (as Director and Chairman respectively), and K2X Capital.

Maya Gadhvi
Founding General Partner

Mark Joseph
Founding General Partner
Ramprasad Kandadai
Founding General Partner
Mahendra Jain
Founding General Partner

Vineeta Gupta
Principal

Manoj Kohli
Advisor
Manoj Kohli is a senior advisor to Chakra Growth Capital. He is a distinguished Indian business leader, former CEO of Bharti Airtel International and former Country Head of SoftBank India.

Arjun Malhotra
Advisor
No insights published yet.
Investments in securities markets are subject to market risks. Read all the related documents carefully before investing. Past performance is not indicative of future returns.

Deepak Kamlani
Advisor