Chandaria Capital

Chandaria Capital is a Nairobi-based venture capital fund founded in 2017 by brothers Darshan and Neer Chandaria, serial entrepreneurs. It serves as the professional investment vehicle for the Chandaria Group, one of the largest privately owned business groups in East and Central Africa. The fund is based in Nairobi, Kenya, with an address on Baba Dogo Road. Chandaria Capital invests primarily in early-stage companies across Africa, focusing on seed rounds while also participating in debt financing, Series A, and other venture rounds. From October 2017 to October 2023, it committed $49.9 million across 15 funding rounds, with a strong geographic emphasis on Kenya (12 investments) and Nigeria (3 investments). Key sectors include fintech (4), e-commerce and retail (4), marketing and CRM (2), and edtech (2), backing companies such as Fingo Africa, Tushop, Craydel, and Shara. The fund provides portfolio companies with valuation support, fundraising assistance for seed through Series B rounds, mentorship, and network connections to foster impactful businesses transforming the continent.