Current Portfolio

Companies

Chakra Growth Fund

Chakra Growth Fund is a fund advancing cleantech and alternative energy solutions uniquely tailored for Indian communities’ needs. Rather than prioritizing investments maximizing financial returns alone, Chakra partners with Indian tech enterprises striving for positive local impact alongside global influence. Their patient funding model empowers companies to benefit society and the planet while still achieving profitability. We chose to invest because Chakra’s emphasis on responsible innovation mirrors our own values.

Additionally, Chakra Fund II, the latest vehicle from Riso Capital building on their successful first fund. With Fund I generating results of 2.7x returns and 107% IRR, Fund II aims to scale up by targeting more mature Indian companies ready for rapid expansion capital, aiming for 5-7x returns. Areas of focus include electric mobility, agriculture technology, battery tech and more – strategic sectors riding the momentum of India’s development. With our emerging market investment experience and Riso’s results and pipeline, we see Fund II as a compelling opportunity to support India’s continued equitable growth.

Chakra has an impressive portfolio of companies that we can support through co-investment. These companies include:

1. Altergo – Provides performance insights for electric vehicles and energy storage systems.

2. Ambee – Delivers real-time pollution and emissions insights to reduce climate change risks.

3. SupplyNote – Facilitates supply chain operations and data insights for retailers, service providers, and suppliers.

As the world’s fastest-expanding major economy, India presents vast possibilities in EV, battery technology, agri-tech and beyond. We invested in Chakra based on Riso’s proven capacity to identify winners in this explosive environment and accelerate their impact.