Rocketship.vc, a Silicon Valley-based early-stage venture capital firm that has invested in several Indian startups including Khatabook, Apna, NoBroker, and Moglix, is planning to increase its India investments.

Sectors such as agritech, social, edtech, and healthtech have seen significant growth as a result of the Covid-19 pandemic, and these are some of the broad areas that the company is eyeing for its next rounds of investment, according to Madhu Shalini Iyer, who is in charge of investments in the Indian market.

“We are looking at series A and B, as the early stage space has become too noisy currently,” she said.

Madhu and her team at the venture capital firm actively use data science in their processes to better identify untapped opportunities around the world.
Bharat, or small Indian towns, will be a focus for the firm, which will use algorithms to identify promising startups in order to invest remotely.

“India is super hot on the map of global investors. And Bharat especially is attracting attention all over the globe owing to its heterogeneous nature and disparity in income, which has given rise to startups focused on solving problems in smaller towns,” Iyer pointed out.

The firm has recently invested in Animall, a managed cattle trading marketplace, and Kutumb, a Bharat-focused social community app platform. Its other recent investments include the interactive edtech startup Quizziz and the teen-focused fintech startup Fampay.

Data Science allows for wise investment. Rocketship is an early stage venture capital fund that invests in companies that use data science models. Their proprietary Escape Velocity algorithm identifies companies that have a Sustainable Growth Engine at their core.