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Speed Fund operates as a venture capital firm based in Gurugram, India, specializing in early-stage investments. The firm provides seed capital to nascent companies, primarily targeting India's Food and Agriculture and Consumer Goods sectors. Its strategy delivers financial and strategic support to foster innovation and growth within these specialized markets.
Established in 2022, Speed Fund was founded by a collective of experienced industry professionals, including Varun Bhargava. Their core insight recognized a critical need for dedicated early-stage capital and specialized guidance for Indian startups in high-growth sectors, prompting creation of this focused investment vehicle.
Speed Fund primarily serves India-based startups within its designated sectors, offering financial investment and strategic partnership. Its long-term vision aims to cultivate and accelerate groundbreaking businesses in the Indian Food and Agriculture and Consumer Goods markets, driving significant sector advancement.
Speed Fund has 1 tracked investment across 1 company. The latest tracked deal is $1.0M Pre-Series A in Proost69 in April 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 13, 2023 | Proost69 | $1.0M Pre-Series A | Finvolve, Getvantage, Hyderabad Angels, Mumbai Angels, Speed Fund | Dauble PTE |