According to the bank website, "Chiratae was established in 2007 by Sudhir Sethi and TCM Sundaram. Chiratae is an early stage venture fund focusing on Indian start-ups Chiratae was established in 2007 by Sudhir Sethi and TCM Sundaram. Chiratae is an early stage venture fund focusing on Indian start-ups."
According to IFC, Chiratae Ventures International Fund IV LLC is a private limited liability company with limited life incorporated under the laws of Mauritius. Chiratae Ventures Master Fund IV is an India domiciled Category I Alternate Investment Fund (AIF)- collectively referred to as Fund IV. Chiratae Advisors Co. Limited. (Investment Advisor) will be the manager. The Investment Advisor is wholly owned by Chiratae Ventures India Advisors Private Limited (formerly IDG Ventures India Advisors Private Limited), an Indian private limited company.
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