'Kalaari has seen over $100 mn in exits this yr'

For 2025, the firm is talking to cos building a better consumer brand

- Sneha Shah

Vani Kola-led Kalaari Capital has returned more than $100 million in exits in the current calendar year. This comes at a time when the backer of unicorn companies like Elastic Run, Dream11 and Upstox, among others, has pumped in around $25 million in more than 10 companies this calendar year, Kola said in an interview with Mint.

Some of the firm's notable investments this year are Clean Electric, Lxme, Kindlife, Figr and Convin among others. "On an average, some of our funds have given over 4x DPI already and will probably generate 5-6x in return to investors. Obviously, those have to be slightly older funds. The newer the fund, that number is yet to be validated. But because we have been in the market for 15-plus years, we have at least three funds where we can demonstrate that kind of actual return of capital to investors, which becomes the confidence cycle," Kola said.