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Axilor Ventures plans to back over a dozen startups in coming fiscal

Axilor Ventures, the early stage investment firm cum accelerator led by Infosys co-founders SD Shibulal and Kris Gopalakrishnan, is expanding its portfolio of investee companies.

Founded by Shibulal, Gopalakrishnan and former Infosys board member Srinath Batni, former Infosys head of strategy Ganapathy Venugopal and Harvard Business School professor Tarun Khanna in October 2014, Axilor has so far backed five companies. The firm hopes to finish this financial year with three to four more investments and invest in 12-15 early stage ventures in the next financial year, Ganapathy Venugopal, co-founder and CEO of Axilor Ventures, told VCCircle.

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