WEH Ventures has exited invest tech startup smallcase with a 38% internal rate of return (IRR).
WEH Ventures first invested in smallcase in 2018 from its INR 20 Cr Fund I and has achieved a complete return of capital on its investment.
The VC firm invested INR 5 Cr in smallcase across all funding rounds till Series C. smallcase has seen an 80X growth in revenue since its seed funding.
Founded in 2016, smallcase offers users professionally built baskets of stocks or ETFs called 'smallcases.' WEH Ventures exited during smallcase's $50 Mn Series D funding round led by Elev8 Venture Partners.