Rohan Misra, son of former SoftBank Vision Fund chief executive Rajeev Misra, has entered the start-ups investment landscape with his own fund called ‘Gravity Holdings’. Rohan has raised around $150 million for the London-based fund, according to a report published by The Economic Times. The fund will focus on investment in Indian technology start-ups.
Rohan, a Yale graduate, has secured capital majorly from domestic family offices, technology sector founders, and senior executives, the report said. Recently, he held meetings with the potential participants of the fund.
On Wednesday, Rohan --- through his Gravity Holdings fund --- made his first investment in software-as-a-service firm Darwinbox. Previously, Rohan had worked with TCV, a firm that had already backed Darwinbox. The fund is likely to focus largely on tech deals this year, the report added.
Rajeev Misra, renowned for leading SoftBank’s $100 billion Vision Fund, is further extending his reach in the financial sector. His investment firm, One Investment Management (OneIM), is reportedly negotiating an investment in the Shapoorji Group, which aims to raise $3.3 billion.
Backed by major investors such as Sheikh Tahnoon bin Zayed Al Nahyan’s Royal Group and the UAE’s sovereign wealth fund, Mubadala Investment Co., OneIM continues to strengthen its presence in global markets.
Gravity Holdings debuts at a time when numerous venture fund executives are either launching or actively raising funds in the $200-500 million range. Shailesh Lakhani, who recently departed from Peak XV Partners, is expected to introduce a deep-tech fund, while his former colleague Piyush Gupta has already established Kenro Capital, a fund specialising in secondaries.
Meanwhile, former partners from Nexus Venture Partners, Orios, and other firms are also branching out independently, each pursuing distinct investment strategies.
