Former World Bank Exec Sayan Ghosh Rolls Out Rs 300 Cr VC Fund

Sayan Ghosh, a former International Finance Corporation executive, has unveiled Ortella Global Capital (OG Capital), a Rs 300 crore (approximately $36 million) venture capital fund. Positioned as India's first VC fund to focus on co-building startups alongside founders, OG Capital is set to target early and growth-stage companies in the consumer and enterprise sectors.  

The fund aims to invest in over 20 companies, allocating up to Rs 15 crore ($2 million) per venture. It has already backed three startups and is focused on achieving a 50% CAGR and delivering 10X returns for its investors. In addition to financial backing, OG Capital offers hands-on execution support to help startups scale and potentially achieve unicorn status.  

"We are committed to delivering exceptional returns while fostering grassroots-level impact, sustainability, and gender diversity," stated Sayan Ghosh, managing partner at OG Capital.  

Ghosh’s extensive experience includes managing investments and exits for prominent firms such as Lenskart, upGrad, 1mg, and BigBasket. During his time at the World Bank, he facilitated Rs 1,500 crore ($200 million) in exits at a 40% CAGR and oversaw Rs 2,500 crore ($300 million) in investments across 350 funds spanning venture capital, private equity, and venture debt.  

With its blend of financial investment and operational collaboration, OG Capital aims to redefine the venture capital landscape in India, prioritizing innovation, profit, and purpose.