Huddle, India’s leading accelerator & fund, commits INR 50 Crores to grow early-stage startups by 2022

Huddle Founding Partners - Ishaan Khosla and Sanil Sachar (LtoR)

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Gurugram, October 27, 2021: Huddle, India’s leading accelerator and fund for early-stage disruptive start-ups, today announced their active investment history and pipeline to invest INR 50 Crores by 2022. Of this amount, the Huddle team has deployed close to INR 25 crore in 2021 across 19 ventures, making them one of the most active early-stage investors in India. The funds have been and will continue to be invested in startups across sunrise sectors such as D2C, electric vehicles, alternative nutrition, creators’ economy, and gaming, among others. The aim of the accelerator is to fund ventures building for a new-age consumer, and in businesses disrupting traditional economies.

In 2021, Huddle has invested in a total of 19 startups across the sectors of retail, D2C brands, electric vehicles, agri-tech, fitness-tech, to name a few. Some of its key portfolio companies include Bold Care, Cell Propulsion, Wellversed, RACEnergy, F5, Celcius, and The New Shop, to name a few. Several of Huddle’s portfolios have gone ahead to raise funds from reputed investors, including Hapramp (from Anand Mahindra), Cell Propulsion (from Endiya Partners, growX Ventures, Micelio), Wellversed (from Jubilant FoodWorks Ltd), etc.

Founded in 2017 by investors and serial entrepreneurs Ishaan Khosla and Sanil Sachar, the Gurugam-based accelerator and fund began with one clear mission – creating future-ready businesses with a keen focus on enhancing execution.

“Our core principle from Day One has been about accelerating the execution journey of promising teams. As an accelerator, our focus on execution has allowed us to reduce the risk of early-stage building and investing. Now, with capital backing our efforts, we’re able to further strengthen our long-term commitment to founders to build large venture-backable businesses together. We’re pumped for the next phase of growth as we build India’s leading accelerator” commented Huddle Founding Partner, Ishaan Khosla.

“Over the course of us supporting over 100 founders, we have witnessed an increasing need for acceleration of startups. As an accelerator-led fund, we have built the infrastructure and support functions that can assist ventures across diverse sectors from their early days up. The last few years have been a testament to the success our founders have seen through this methodology. With us investing 50 crore into accelerated ventures, we believe all the right pieces are placed within this huddle and we are poised to meet our aim of launching a larger investment fund by mid next year,” highlighted Huddle Founding Partner, Sanil Sachar.

“Having been associated with Huddle for about a year now, both as an LP in the Huddle accelerator-led fund and as a mentor/advisor to one of their startups, I have seen early-stage entrepreneurs benefit significantly from Huddle’s holistic approach. The Huddle team’s support for startups spans from a strong push to focus and prioritise, deep problem-solving to fine-tune their offerings, hiring talent and building a great team, constant encouragement and backing, to capital raising. The team’s rich network of investors and mentors has been helping the startup founders avail access to Huddle’s extended network and expertise – something that has been helping several new founders in building their businesses,” remarked Ankit Tandon, Global Chief Business Officer at OYO, and an LP & mentor at Huddle.

The Huddle differentiation stems from its keen focus and ability to support early-stage start-ups across multiple business functions such as go-to-market strategy, business development and capital structuring. Huddle works closely with all its founders and equips them with the right infrastructure, social and intellectual capital to build large venture-backable businesses. Huddle also co-invests up to $300k per venture (on select ventures) alongside a stellar network of funds, family offices, corporate VCs and high-value angels.

Huddle has also been helming several co-acceleration programmes in the country, bringing the expertise of sector-specific partners to entrepreneurs. As part of this, Huddle recently partnered with Shiprocket and launched Rocketfuel X Huddle, an accelerator program aimed at investing in and accelerating D2C start-ups across early to growth stages. Huddle earlier partnered with growX ventures to co-accelerate startups in the EV landscape.

Huddle is on a mission to build and scale India’s accelerator ecosystem, by creating opportunities, accessibility and enabling start-ups to truly benefit, in order to create future-ready ventures.