Eight Roads Ventures

Eight Roads Ventures is a global venture capital fund, with offices in China, India, Japan and the UK. Eight Roads is backed by Fidelity, and was formerly known as Fidelity Growth Partners and before that Fidelity Ventures.[2]

Eight Roads Ventures
TypePrivate
IndustryVenture capital
Founded1994 (1994)
HeadquartersBermuda
ProductsVenture capital
Total assetsUS$7 billion (2021)[1]
Websitewww.eightroads.com

Companies

Eight Roads has invested in companies such as Alibaba, Asia Info, iSoftstone, Wuxi Pharma Tech, Manthan Systems, Laurus Labs, Neo Technology, Wallapop, Treatwell, and Universal Avenue.[3] Eight Roads has invested around $6 billion since 2008, primarily in companies operating across the healthcare, technology and consumer sectors. In India they have backed companies like BankBazaar, Chai Point, PharmEasy,[4] Cipla Health and Shadowfax.[5]

In April 2019, Eight Roads' new fin-tech strategic investments team under Alokik Advani led a $4.5 Million Series A round of funding in Bangalore based digital investment advisory startup Kuvera.in.[6]

In July 2019, Eight Roads participated as a lead investor in a $12 million (about Rs 83 crore) Series B investment round in Singapore-headquartered intelligent wealth management platform StashAway.[5]

References
  1. "Global Investor". Eight Roads. Retrieved 12 January 2021.
  2. Butcher, Mike. "Fidelity Growth Partners Becomes Eight Roads Ventures, Announces New £150M Fund". TechCrunch. Retrieved 2016-08-02.
  3. "Eight Roads Ventures | CrunchBase". crunchbase.com. Retrieved 2016-08-02.
  4. "Pharmeasy Raises $50 Million In Series C Funding From Eight Roads Ventures India". IndianWeb2.com. Retrieved 2019-08-01.
  5. Gooptu, Biswarup (2019-07-29). "StashAway gets $12 million from Eight Roads, Others". The Economic Times. Retrieved 2019-07-31.
  6. "Eight Roads writes $4.5 mn cheque to digital investment platform Kuvera". VCCircle. 2019-04-16. Retrieved 2019-07-03.
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