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Antler Brings Seasoned Investor Nitin Sharma Onboard to Co-Lead Firm's $100 Million India Investment Plans

Friday, 22 January 2021, 19:49 IST
By Team Startupcity
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Antler Brings Seasoned Investor Nitin Sharma Onboard to Co-Lead Firm's $100 Million India Investment


Antler, a global early stage VC firm is looking to invest over $100 million in India to support exceptional founders from the idea stage over the next four years. The firm also welcomed onboard Nitin Sharma, a seasoned investor to co-lead Antler’s India plans along with Rajiv Srivatsa, co-founder, Urban Ladder.



The fund intends to help accelerate the tremendous innovation and value creation in the Indian tech ecosystem. “India is a priority market in Antler’s objective to create a world-changing impact. India is a hotbed of innovation and we are thrilled to double-down on the market with this leadership team,” said Magnus Grimeland, Founder and CEO, Antler through a company statement.  



Nitin Sharma brings to the table a decade of global VC experience, having invested in over 50 tech startups in multiple geographies. A management graduate from The Wharton School, most recently Nitin founded FirstPrinciples VC, a thesis-driven syndicate and portfolio of over 35 startups, including Fynd, (acq. by Reliance), OnJuno, Niki, Kutumb, SharesPost (acq. By Forge), XOKind and many others backed by marquee investors.



Nitin was also a founding team principal at Lightbox Ventures, one of India’s leading consumer-focused venture funds where he supported the first two funds since inception. He also co- founded a developer community Incrypt, that played an active role in fostering India’s emerging blockchain ecosystem via investing, education and national policy advisory. 



Speaking about him joining Antler, Nitin said, “I’m very excited about taking my passionate work in early-stage investing to a global platform by joining forces with Antler. We look forward to continuing the “first principles” approach to investing with a focus on emerging themes, a global mindset and hands-on help.  



He further mentioned that while opportunities in India are boundless, there exist a few key gaps especially at the seed and pre-seed stage: a truly global partner that can bring institutional resources and significant follow-on commitment even at the idea stage. Nitin intends to work towards fixing these gaps along with the Antler team to create a transformative impact. 



“These strengths become even more important as we enter an era of “build from India, for the world”, something I am extremely excited about. I am particularly enthused about the opportunity to co-lead this with someone as inspiring as Rajiv. In addition, all FirstPrinciples portfolio startups will now have access to Antler’s vast global network, capital and resources,” Nitin further added.

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