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Provident Capital

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 9
Average round size
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The average size of a deal this fund participated in
$137M
Portfolio companies 5
Lead investments 0
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.44
Exits 1
Key employees 1
https://www.providentcapital.in/
Gurgaon, Haryana, India
Stages of investment
Private Equity

Areas of investment

  • Casual Games
  • Gaming
  • Mobile
  • Apps
  • Developer Platform
Summary

The venture was found in Asia in India. The leading representative office of defined VC is situated in the Gurgaon.

When the investment is from Provident Capital the average startup value is 5-10 millions dollars. The important activity for fund was in 2018. The fund is constantly included in less than 2 investment rounds annually. The usual things for fund are deals in the range of 10 - 50 millions dollars.

The fund has exact preference in a number of founders of portfolio startups. Among the most successful fund investment fields, there are Lending, Fraud Detection. Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. Among the various public portfolio startups of the fund, we may underline ADVANCE.AI, JULO For fund there is no match between the location of its establishment and the land of its numerous investments - Singapore.

The standard case for the fund is to invest in rounds with 6 partakers. Despite the Provident Capital, startups are often financed by Skystar Capital, East Ventures, Convergence Ventures. The meaningful sponsors for the fund in investment in the same round are Skystar Capital, Gobi Partners, East Ventures. In the next rounds fund is usually obtained by eGarden Ventures, Vision Plus Capital, Unicorn Ventures.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Provident Capital:
1 Convergence Ventures
2 East Ventures
3 Skystar Capital
Typical Co-investors
Provident Capital is more likely to invest in rounds together with the following funds:
There are no funds here. If we find new data, we will add it here.
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Provident Capital:
1 Hanying Jijin
2 Shaanxi Huayu Venture Capital
3 Xizang Fengtai Touzi

Funds with similar focus

Funds from India
Funds with similar focus located in India:
1 Ascent Capital
2 BanyanTree Finance Pvt. Ltd.
3 Eight Capital
4 Samridhi Fund
5 TVS Capital Funds
Funds with the same geo focus
Funds with similar geography of portfolio companies:
1 AT Capital Group
2 Dymon Asia Capital
3 Novo Tellus Capital Partners
4 SV Investment Partners
5 Verso Capital
Funds doing lead investments
Funds with similar focus acting as lead investors:
1 AFIG Funds
2 Dallas Capital Management
3 Education Growth Partners
4 Green Hill Partners
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Team
Anand Shekhar Founder

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Animoca Brands

Apps
Casual Games
Developer Platform
Gaming
Mobile
$358M18 Jan 2022
Winklevoss capital
Wildcat Capital Management
Stable Asset Management
Soros Fund Management
Smile Group
Sequoia Capital China
Senator Investment Group
Provident Capital
Parafi Capital
Pacific Century Group
 Hong Kong Island, Hong Kong, China

Migo

Education
Media and Entertainment
Video
07 Sep 2020
Provident Capital
Vickers Venture Partners
 Jakarta, Jakarta Raya, Indonesia

JULO

Consumer Lending
Finance
Financial Services
Lending
$10M18 Sep 2019
Gobi Partners
Skystar Capital
Quona Capital
Provident Capital
East Ventures
Convergence Ventures
 Jakarta, Jakarta Raya, Indonesia

ADVANCE.AI

Artificial Intelligence
Big Data
FinTech
Fraud Detection
Internet
Network Security
$50M19 Jul 2018
ZhenFund
Vision Capital
Provident Capital
Northstar Group
GSR Ventures
Farallon Capital Management
 Singapore, Central, Singapore

ADVANCE.AI

Artificial Intelligence
Big Data
FinTech
Fraud Detection
Internet
Network Security
$50M18 Jul 2018
Vision Plus Capital
ZhenFund
Provident Capital
GSR Ventures
Farallon Capital Management
 Central

JULO

Consumer Lending
Finance
Financial Services
Lending
$5M10 May 2018
Skystar Capital
Provident Capital
Gobi Partners
Heyokha Brothers
East Ventures
Convergence Ventures
Central Capital Ventura
 Jakarta, Jakarta Raya, Indonesia
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Related media
Top 17 investors in South Asia that took part in the most Early funding rounds in Education industry over the recent years
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Top 20 investors in South Asia that took part in the most Early funding rounds in Mobile industry over the recent years
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Found incorrect info? Let us know!
Total investments 9
Average round size 137M
Peak activity year 2018
Lead investments 0
Follow on index 0.44
Exits 1
Group Appearance index 1.00

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Animoca Brands

Apps
Casual Games
Developer Platform
Gaming
Mobile
$358M18 Jan 2022
Winklevoss capital
Wildcat Capital Management
Stable Asset Management
Soros Fund Management
Smile Group
Sequoia Capital China
Senator Investment Group
Provident Capital
Parafi Capital
Pacific Century Group
 Hong Kong Island, Hong Kong, China

Migo

Education
Media and Entertainment
Video
07 Sep 2020
Provident Capital
Vickers Venture Partners
 Jakarta, Jakarta Raya, Indonesia

JULO

Consumer Lending
Finance
Financial Services
Lending
$10M18 Sep 2019
Gobi Partners
Skystar Capital
Quona Capital
Provident Capital
East Ventures
Convergence Ventures
 Jakarta, Jakarta Raya, Indonesia

ADVANCE.AI

Artificial Intelligence
Big Data
FinTech
Fraud Detection
Internet
Network Security
$50M19 Jul 2018
ZhenFund
Vision Capital
Provident Capital
Northstar Group
GSR Ventures
Farallon Capital Management
 Singapore, Central, Singapore

ADVANCE.AI

Artificial Intelligence
Big Data
FinTech
Fraud Detection
Internet
Network Security
$50M18 Jul 2018
Vision Plus Capital
ZhenFund
Provident Capital
GSR Ventures
Farallon Capital Management
 Central

JULO

Consumer Lending
Finance
Financial Services
Lending
$5M10 May 2018
Skystar Capital
Provident Capital
Gobi Partners
Heyokha Brothers
East Ventures
Convergence Ventures
Central Capital Ventura
 Jakarta, Jakarta Raya, Indonesia
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