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PharmEasy backer Orios Venture returns INR 300 Cr to investors from fund I

PharmEasy backer Orios Venture returns INR 300 Cr to investors from fund I

Early-stage venture capital firm Orios Venture Partners has returned INR 300 Cr from Fund I to investors, including Battery Smart, Karbon, and Mobikwik. The fund focused on marketplaces, D2C, and healthtech sectors. Orios plans to solidify its position with significant returns in 2024 and 2025. The firm is currently investing from its fourth fund and is optimistic about opportunities for startups in India, especially in B2B, SaaS, EVs, climatetech, and hardware. Orios was involved in the troubled car servicing startup, GoMechanic, and saw two former managing partners step down in 2022.

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