Avataar Expects Multiple IPOs from Early Funds


Avataar Venture Partners expects several public listings from companies backed by its first two funds over the next 18-20 months, Mint reports. Mohan Kumar, founding managing partner, told Mint “We’re expecting a couple of our mature companies to list in 2027 or early 2028,” and added, “By 2028, we’ll have three public companies,” according to the article. Mint reports the firm expects at least three liquidity events from its first fund and two from its **$350 million** second fund in that window. The coverage also notes the firm is shifting focus toward deeptech and AI for a **$400 million** third fund, per Mint, and that Bloomberg reported one portfolio company, **Insurance Dekho**, is considering a **$250 million** IPO raise.