Kenro Capital raising $120-150M secondaries fund with Giva, Pine Labs in portfolio
Kenro Capital is targeting a $120-150 million fund to buy startup secondaries in India's late-stage market, having already executed $115 million in transactions at $10-20 million ticket sizes. Its holdings include consumer names like jewellery brand Giva and fintech Pine Labs, opening liquidity pathways for D2C and retail-tech backers.
Kenro Capital is raising a $120-150 million secondaries fund targeting Indian late-stage startups. Its portfolio includes consumer/retail names like jewellery brand Giva and fintech Pine Labs, signaling liquidity pathways for India's D2C and retail-tech investors.
Why this matters
Kenro Capital's new fund extends its India secondaries strategy, having deployed $115M at $10-20M tickets into names like Giva and Pine Labs, creating exit routes for consumer and retail-tech investors.
Retail-company signals are accelerating, up 794200% QoQ.