News
WEH Ventures exits Smallcase at 38% IRR
By Startup Enthusiast ·
- Date
- Company
- WEH Ventures
- What it does
- Smallcase exit returns Fund I
- Kind
- News
- Based in
- Mumbai
What they do
The seed fund fully sold its stake in Smallcase, getting back all the capital of its ₹20 crore first fund
What happened
The exit gave an internal rate of return (yearly compounded gain) of 38 percent
Why it matters
It first backed Smallcase in 2018 and joined every round from seed to Series C before selling in Series D
The details
- WEH Ventures fully exited Smallcase during its Series D.
- The sale returned the full ₹20 crore Fund I, launched in 2017.
- Smallcase assets grew nearly 100-fold since 2018.