Rohan Misra, the son of former SoftBank Vision Fund CEO Rajeev Misra, has established Gravity Holdings, a London-based investment firm with a $150 million capital pool focused on backing Indian technology startups.
Gravity Holdings has already made its first investment in Darwinbox, a leading software-as-a-service (SaaS) company specializing in human resources technology. Misra, an alumnus of Yale University, previously worked at Technology Crossover Ventures (TCV), which is also an investor in Darwinbox.
The fund is backed by prominent domestic family offices and technology leaders, indicating strong confidence in India’s startup ecosystem. The launch of this fund highlights continued global interest in India's growing tech industry, particularly in the SaaS and enterprise technology space.
Key Details:
- Fund Name: Gravity Holdings
- Fund Size: $150 million
- Focus Area: Indian technology startups
- First Investment: Darwinbox (HR tech SaaS company)
- Founder: Rohan Misra, Yale University alumnus
- Previous Experience: Formerly at Technology Crossover Ventures (TCV)
- Backers: Prominent domestic family offices and tech leaders
Our Opinion on the News:
The creation of Gravity Holdings underscores the increasing global capital flow into Indian startups. With seasoned investors backing the fund, it has the potential to accelerate innovation and drive growth in India's technology sector.