Your First Cheque

Kredivo, Livspace, Moglix - these are household names in India & Southeast Asia. Our first cheque and countless hours together in the trenches helped catapult these ideas into category-defining businesses, shaping their remarkable journeys from day one and giving us incomparable learnings on enabling leading founders from the region.

Today’s founders are reaching for even more audacious goals, navigating a more complex environment, and striving to build companies that not only scale fast, but are built to last! What they need from their first investor is clear:

A partner who matches their ambition and drive at every step

1:1 focus from seasoned Partners at the firm

An anchor capital provider relationship for multiple early-stage rounds

Respect for their experience and ambition in the amount and terms of investment.

Boosted companies

First Cheque@Jungle - a bespoke program for partnering with seasoned operators at ideas, pre-seed, and seed stages.

First Cheque@Jungle is based on two core concepts - Focus on only a few exceptional teams with bold ideas at any given time and a sizeable first cheque with no minimum ownership criteria.

You are all in, and so are we.

First Cheque@Jungle introduces a first-of-its-kind investment structure that ensures right-sized early-stage capital to go after big ideas but with limited early-stage dilution. The firm will invest a minimum of $2M as,

50% in equity and

50% as a no-cap convertible note.

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The firm is also committed to leading or co-lead subsequent Series A funding rounds, without any need for follow-on funding from other investors (although we welcome the same), with investments ranging from $5M to $10M per company. We don’t need anyone but you and us to decide if we are building something to last here and we will demonstrate it with our continued capital commitments.

You are the best and deserve the best Jungle has to offer.

Our approach is far from conventional. We value your time as much as our own, which is why we skip the one-size-fits-all cohort-based approach, byte-sized funding, and classroom lectures on business building. From day one, we dive straight into business, focusing on what truly matters, on a one-on-one basis.

With a strong focus on delivering unparalleled access to early-stage business building experience, all First Cheque@Jungle investments are led only by the most experienced Partners of Jungle. Collectively we bring over 200+ years of operating experience in the region, have partnered with more than 45 Founders in sectors as diverse as consumer brands & platforms, B2B and Software, and have created more than $12B in enterprise value with over $2.9B in follow-on capital raised.

First Cheque team

Rishab Malik

Partner, Seed investments

Amit Anand

Founding Partner & Managing Director

Anurag Srivastava

Founding Partner

David Gowdey

Managing Partner

Yash Sankrityayan

Managing Partner, SE Asia investments

Manpreet Ratia

Managing Partner, Portfolio Success

You will also work closely with founders from some of our leading portfolio companies. Joining us on this journey as Venture Builders, they will collaborate with you in the trenches, sharing their most recent operating insights and invaluable networks, especially regarding early-stage product and team building.

Venture Builders

Founders of Jungle backed, scaled up companies as Co-Builders

Ramakant Sharma

Founder and COO at Livspace

Cameron Priest

Co-founder at AMP

Sayali Karanjkar

Co-founder and CBO at Paysense

Interested?

Just write to us at firstcheque@jungle.vc. The team reviews opportunities continuously, and invitations for meetings and decisions will also be extended on an ongoing basis.

Our approach is far from conventional. We value your time as much as our own, which is why we skip the big demo days, classroom lectures, and seminars. From day one, we dive straight into business, focussing on what truly matters.

This is a strategy. We possess a sharp eye for recognising the potential of powerful ideas and are officially going bullish on investing in them.

This is not
a program

When you receive your first cheque from us, you become an integral part of Jungle portfolio. You gain access to our extensive network, our dedicated team, and the same pool of investors that support all other Jungle founders.

This is not
a separate fund

This is not where we “experiment” or employ a deal flow generator or spray and pray approach. We are long-term investors and we stay with our companies through multiple rounds of funding. Our goal is to nurture and grow businesses that have the potential to make a lasting impact.