Lucky Investment Managers

Lucky Investment Managers is a venture capital firm based in Mumbai, India, that focuses on investing in both private and public markets. The firm was incorporated on March 12, 1995, and provides patient capital, backing founders early in their development.

The founder of Lucky Investment Managers is Ashish Kacholia. He began his career at Prime Securities and later had a brief tenure at Edelweiss Capital before establishing his own firm. Kacholia holds a BE in production engineering from Mumbai University and an MMS from Jamnalal Bajaj Institute of Management Studies. The firm's board of directors includes Ashish Kacholia and Sushmita Kacholia.

The firm is an active investor, primarily participating in Seed rounds for startups based in India. Its investment portfolio is diverse, spanning sectors from Enterprise Applications to High Tech and Consumer. Notable companies in its portfolio include MobiKwik, OYO, and Molbio Diagnostics, with two of them achieving unicorn status. Lucky Investment Managers often co-invests with other funds and investors. As of May 2025, one of its most recent investments was in InspeCity, a company in the Aerospace and Defense sector.

Keywords: venture capital, early-stage, seed round, private markets, public markets, India, founder backing, enterprise applications, high tech, consumer