Eight Roads Ventures

Eight Roads Ventures is a global venture capital fund, with offices in China, India, Japan and the UK. Eight Roads backs and partners with game-changing technology and healthcare companies. 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$6 billion (2020)[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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