Archive · 4 Sep 2025
Chiratae Ventures Announces Leadership Changes Amidst Succession Planning
Imagine a company that invests in new tech businesses, called Chiratae Ventures.
The company is making some changes to who is in charge.
Two existing leaders, Venkatesh Peddi and Ranjith Menon, will now lead the main investment funds.
The original founders are taking a step back but will still help with some decisions.
They're also looking to hire more leaders.
Chiratae has already invested in many successful startups and hopes these changes will help the company grow even more, investing in newer technologies.
Chiratae Ventures is implementing a succession plan, changing leadership.
Venkatesh Peddi and Ranjith Menon will lead the venture fund series.
TCM Sundaram and Sudhir Sethi, the founders, will step back from the fifth fund.
Chiratae manages about $1.3 billion across seven funds.
The firm focuses on early-stage tech startups, including AI and ClimateTech.
- Who
- Chiratae Ventures, a venture capital firm
- What
- Initiated leadership changes as part of succession planning
- When
- Announced recently
- Where
- Bengaluru, India
- Why
- To facilitate next phase of growth
- Company
- Chiratae Ventures
- Leadership Changes
- Venkatesh Peddi and Ranjith Menon to lead Venture Fund series
- Founders
- TCM Sundaram and Sudhir Sethi to step back from fifth fund
- Funds Managed
- Approximately $1.3 billion across seven funds
- Exits
- Over 55 exits, delivering nearly $1 billion in returns
- Investment Focus
- Early-stage tech startups
- Core Sectors
- AI, DeepTech, HealthTech, ConsumerTech, FinTech, SaaS, ClimateTech, SpaceTech