Case Study
Atoa:
UK-India Synergy Drives Innovation
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"Leo Capital have been partners with us since Day One. Their networks and experience in both India and the UK has played a massive role in our strategy of capital-efficient scaling"
Cian O’ Dowd
Co-Founder, Atoa
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Trusted by founders around the world

The LEO
Advantage

LEO isn’t just about investment. We help your founding team to build an unfair advantage through the right type of support, in the right place, when you need it:

Go-to-Market

Over the years, we have developed a playbook for international SaaS company founders to access and grow their businesses sustainably in the highly competitive US market. Alongside our playbook, we give founders access to our own network of experts with experience of scaling rapidly in the US market.

Talent

Access to world class talent in engineering, product and sales, drawing on our extensive network in India and able to provide quality support when you need it, on a temporary or permanent basis.

Funding

In addition to the equity funding that we provide, we give you access to our extensive network of dynamic, top tier global co-investors, broadening the sources of capital available to you.

Partner with the Best

We have done it before

We have built & sold software companies before. The founding team has partnered with world class tech talent to build globally successful B2B SaaS businesses from the ground up.

We are global

Leo Capital is a global VC with its roots in India & Singapore. The team is also present in North America & Europe to provide full coverage to investee companies.

Leverage the India Advantage

We have helped many outstanding SaaS teams to leverage our ‘India Advantage’, in order to scale efficiently in the US

Here for you

Now we are bringing this unique, proven playbook to the rest of the world, with our global team & network

News & Insights from Leo Capital

News & Insights from Leo Capital

CaseStudy-LeoCapital
Case Studies

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With over 1 million users globally, LambdaTest has scaled rapidly since its inception in 2017. This case study explores how LambdaTest achieved sustainable growth while maintaining financial discipline, offering a blueprint for startups seeking capital efficient GTM.

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Gaganpreet Luthra on What Will be VC’s Next Bet on Tech?

While AI continues to dominate headlines, venture capital firms are moving beyond general-purpose models toward more targeted, real-world applications. “The next chapter of AI in India won’t just be about building big language models,” says Gaganpreet Luthra, Operating Partner at Leo Capital. “Domain-specific AI is picking up steam especially in...

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FAQ

We invest between $0.5M to $2.5M in (pre)Seed to Pre-A type opportunities. Our sweet spot is $1M to $2M. The round sizes can be $0.5M to $7M depending on if it’s just us, or others co-investing with us. We are happy to lead, but can follow as well.

We are active in India, US, the Nordic countries and occasionally MENA/South East Asia. We have offices in Singapore, Bangalore, Delhi, Dubai, Helsinki and London.

Please use this form to submit your pitch to us. This allows us to allocate investment opportunities internally and track as well. We prefer this approach over LinkedIn reach-outs or individual emails. Please include as many relevant details as possible in the form that will help us get a better idea about you and what you are building.

If you have a choice in investors, this is an important decision to make. We would encourage you to spend the time getting to know us and the best way to do this is by talking to our portfolio companies. We encourage you to talk to them – feel free to reach out directly through LinkedIn, we are also happy to facilitate interactions if you need us to. We do the same for you, so we are happy for you to do the same.

Some things we pride ourselves on strategically:

  • We have been fortunate to have been both entrepreneurs and investors in some very large companies and have gained valuable experiences in business-building. We help maintain focus on the big picture.
  • We are often the first port of call for our portfolio companies, even when they have multiple investors. Entrepreneurs go through a journey of personal growth while building companies. We have a deep understanding of this and help entrepreneurs navigate this journey.
  • We are super responsive and you get immediate attention and reply.
  • We are no-nonsense! We value your time and bring focus on items of importance quickly.

More tactically, we are well networked into the larger venture eco-system for access to other funds as our companies need further capital. We have also created networks to help in areas like recruiting, business development, GTM strategies, product management and other key areas of business-building.

Specifically, for SaaS and deeptech companies – we have built out key networks in the US to be able to help. Rajul spends significant time in the US and Shwetank is based out of Singapore – that has helped us build out the network. We also have a number of investments in deepetch infrastructure or open source type plays to be able to both assess and help companies.

We look at your pitch and materials whether you approach us directly or via a reference. However, if you do know someone we know (specially entrepreneurs we have invested into), you can mention it in the pitch form here. The end outcome of whether to invest in your venture or not is unlikely to be affected, however it may help get a little extra attention.

We are looking for large spaces where technology can create disruption. We are not a sectoral fund. Please highlight how you will scale using technology to get our attention!

Unfortunately we are unable to sign an NDA. The reason is that we get a lot of business plans and many of these plans overlap in different ways. It’s very easy to inadvertently violate a NDA even without wanting to. Our suggestion to you is to not disclose aspects of your business initially to us that you consider confidential. We understand it’s tricky sometimes since you also want to excite investors, but it’s a balance you will have to strike. We do not share ideas / materials across companies, especially when there is a conflict of interest. We are not looking to steal your ideas to fund someone else.

This is a tricky one. As investors, we are inherently conflicted. We want to spend more time with businesses we want to invest into. Also, there is always a possibility that your business might have a conflict of interest with an existing portfolio company. The best way to get advice is to be more specific. It’s extremely hard to have generic discussions . If you want a specific discussion around let’s say a product strategy, and if you have done enough homework at your own end that you know the right questions to ask, then it should reflect in your email. There are areas which are of interest to us and we might get engaged in that. However, there are others, which may not interest us at the time.

We are early stage investors and try to make a decision quickly. You should factor in 4-5 meetings over a few weeks to get to a termsheet. After the termsheet it may take a further 1-2 months to close, i.e. get the money in the bank, factoring in syndication needs, diligence, paperwork etc.