Ortella Global Capital (OG Capital) has unveiled its Rs 300 crore ($36 million) venture capital fund, marking its entry as India’s first and only VC firm dedicated to co-building companies alongside founders. The fund adopts a hands-on approach, providing not just capital but active support to help startups scale and achieve unicorn status.
The fund intends to invest in over 20 companies, with individual investments capped at Rs 15 crore ($2 million). So far, OG Capital has already backed three promising startups, targeting early and growth-stage ventures in consumer and enterprise solutions. The firm is committed to delivering a 50% compound annual growth rate (CAGR) and aims for a 10X return for its investors.
Sustainability, grassroots impact, and gender diversity form the core of OG Capital’s investment philosophy. “We are not only targeting 10x returns for our investors but are also co-building companies that prioritize grassroots-level impact, sustainability, and gender diversity,” said Sayan Ghosh, managing partner of OG Capital.
Ghosh brings a wealth of expertise to the firm, with over a decade of experience spanning entrepreneurship, investment banking, and venture capital. During his tenure at the World Bank, Ghosh played a pivotal role in driving investments and facilitating exits for major Indian startups such as Lenskart, upGrad, 1mg, and BigBasket.
With a proven track record, Ghosh has delivered exits worth over Rs 1,500 crore ($200 million) at a 40% CAGR. Additionally, as a limited partner, he has deployed Rs 2,500 crore ($300 million) across more than 350 funds in venture capital, growth equity, private equity, and venture debt.
OG Capital’s co-building model and ambitious investment strategy aim to create a new benchmark in India’s venture capital landscape, supporting startups that not only promise high returns but also make a meaningful impact.