Investor Profile: LetsVenture (LVX) — The Angel Platform That Grew Into a Private-Market Exchange

Bengaluru-based LetsVenture — rebranded in July 2025 as LVX — is the platform that first taught India to do angel investing online. Founded in 2013 by Shanti Mohan and Sanjay Jha, it began as a marketplace where startups raised seed rounds from accredited investors they had never met. Today it is a single private-market platform spanning early stage, growth stage and investor education, with 900-plus startups supported and a network exceeding 14,000 investors.

Investment thesis

LVX’s thesis is democratisation: making private-market investing as structured and accessible for individuals as public markets. After opening seed rounds to a broad base of accredited angels, it expanded into Series A, Series B and pre-IPO transactions — and now also manages exits via secondary share sales and institutional placements, becoming a full-lifecycle venue for capital formation and distribution.

Sectors & stages

The platform is sector-diverse, spanning e-commerce, logistics, media, mobility, fintech and deep tech. It serves the whole arc: LVX Start handles early-stage investing through angel networks and its angel AIF; LVX Grow targets growth-stage companies with capital from family offices, venture funds and high-net-worth individuals — from seed rounds to pre-IPO.

Fund size / cheque size

LVX does not publish a single assets-under-management figure. Per the company, its investor base spans roughly 5,000 individuals through its Angel AIF structure, about 8,000 on its broader digital platform, 350-plus family offices and around 100 venture capital firms. Its own backers include Accel, Chiratae Ventures, Ratan Tata, Mohandas Pai and Anupam Mittal.

Notable portfolio companies

Publicly highlighted names include GIVA (₹255 crore Series B), Fleetx (₹113 crore raised), Stage ($12.5 million Series B) and Yulu ($30 million ARR), plus Stockgro, Kenko, Fasal, FarMart, BotLab Dynamics and Revamp Moto.

Partners & team

The company is led by co-founder and CEO Shanti Mohan, who has steered it from angel marketplace through the LVX rebrand, alongside co-founder Sanjay Jha. The firm keeps acquisition costs near zero by not spending on digital marketing — a deliberate contrast with wealth platforms that pay thousands of rupees to acquire each high-net-worth individual.

Programmes run

The LVX brand runs three verticals: LVX Start (early-stage investing via angel networks and the angel AIF), LVX Grow (growth-stage raises and secondary transactions, with an internal investment-banking function) and LVX School (open-source investor and founder education). In 2024 it also launched LV Debt, a marketplace for structured debt and non-dilutive capital.

Credits & perks

No startup credits or perks programme is publicly documented. Treat partner benefits as not publicly disclosed.

How founders can approach them

Founders enter through the platform’s dedicated founder route on letsventure.com, creating an investment-ready profile that syndicates and angels can discover. The model rewards founders who package traction, team and terms into a crisp online profile — and who welcome a broad syndicate of angels rather than chasing a single lead investor.