- Neythri Futures Fund, or NFF, just raised $10 million for its inaugural fund.
- Over 90% of its 200 limited partners are South Asian women, who work at companies like Google, Peloton, and Intel.
- Other LPs include Mayfield Fund’s Navin Chaddha, IVP’s Somesh Dash and VMWare CEO Raghu Raghuram.
Neythri Futures Fund, or NFF, aims to address the diversity gap in venture capital with its first $10 million fund, with a roster of over 200 limited partners. Ninety percent of the fund’s LPs are South Asian women, and 70% are first-time investors.
The new firm’s LPs include Archana Ramamoorthy, a director at Google; Shobhana Ahluwalia, chief information officer at Peloton; and Sundari Mitra, chief incubation officer at Intel. Other LPs include VMWare CEO Raghu Raghuram, Mayfield Fund managing director Navin Chaddha, and Somesh Dash, a general partner at IVP.
Neythri Futures Fund’s solo general partner and founder, Mythili Sankaran, also cofounded and leads Neythri.org, a global community of South Asian professional women.
The fund has already made early investments in startups such as blockchain developer Alchemy.io; Neeva, an ad-free private search engine, and fintech startup Orum.io.
Read the pitch deck Neythri Futures Fund used to raise its first $10 million fund:
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