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Kalaari Capital hires Rajashree R as venture partner

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Date
Company
Kalaari Capital
What it does
Early and growth stage VC firm
Kind
People
Based in
Bengaluru
Founded
2011
Sector
Professional & Local Services

What they do

Kalaari Capital is a Bengaluru-based venture capital firm investing in early and growth stage startups

What happened

Rajashree R, former chief growth officer for America strategic verticals at Tech Mahindra, joins Kalaari Capital as venture partner in a marketing-focused role

Why it matters

The hire comes amid top-level churn in the Indian VC ecosystem, with several partners leaving to start their own funds

The details

  • Kalaari Capital has appointed Rajashree R as a venture partner in a marketing-focused role.
  • Rajashree R was previously the chief growth officer for America strategic verticals at Tech Mahindra, where she served for two years.
  • She has over 20 years of experience and is an alumna of the Institute of Rural Management.
  • Before Tech Mahindra, she spent 19 years at TCS.
  • The previous venture partner in a marketing role, Priyanka Gill (cofounder of The Good Glamm Group), quit over a year ago to launch her own venture.
  • Kalaari Capital was founded in 2011 by Vani Kola and is based in Bengaluru.
  • The firm has raised more than $850 Mn to date and backed over 110 new-age tech ventures.
  • Its portfolio includes Dream11, Signzy, BlueStone, Digantara, and Cure.Fit.

The bigger picture

  • The Indian VC ecosystem is seeing significant top-level churn, with several partners leaving established firms to start their own funds.
  • Examples include Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma quitting Peak XV Partners to float Mettle Capital.
  • Former Peak XV Partners MDs Shailesh Lakhani and Harshjit Sethi left to float Ambition Capital, raising $250 Mn for their maiden fund.

About the business

  • Kalaari Capital is a Bengaluru-based venture capital firm.
  • It invests in early-stage and growth-stage startups.
  • The firm was founded in 2011 by Vani Kola.
  • It has raised more than $850 Mn to date.
  • Kalaari Capital has backed more than 110 new-age tech ventures.
  • Its portfolio includes Dream11, Signzy, BlueStone, Digantara, and Cure.Fit.
  • In April 2026, it led Nudgebee's $3 Mn seed round.
  • In March 2026, it doubled down on Mozark during its $40 Mn Series B round.

The deal

Type
people

Founders

  • Vani Kola, Founder

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