IronClad Asset Management
IronClad Asset Management
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India's First Early Stage
Secondaries Fund. We work with founders to invest in India’s leading startups to provide partial liquidity to ESOPs, angels, and early investors.

We focus on businesses that balance durability with growth, aiming for steady value creation through disciplined investing.

ESOP Liquidity

Providing founder-aligned liquidity to employees through partial ESOP monetization—without disrupting long-term incentives or ownership.

Angel & Early Investor Secondaries

Partnering with founders to provide angels and early investors calibrated exits, while maintaining cap table quality and long-term company alignment.

Selective Primary & Special Situations

Participating in high-conviction primary rounds and curated secondary opportunities alongside leading venture capital firms.
For Founders

Make ESOP's Meaningful for your team

Ironclad provides liquidity to employees through secondary investments—executed in alignment with founders and existing investors.
  • Introduce liquidity—without losing control
  • Strengthen compensation without increasing cash cost
  • Hire and retain with conviction
Partner With Ironclad Ventures
For Employees / ESOP Holders

Monetize Your Equity Without Losing Future Upside.

Sell a portion of your vested ESOPs to get liquidity today—while continuing to hold the rest for future upside. remove the apply for ESOP liquidity thing.
  • Get partial liquidity for personal needs or tax planning
  • Retain long-term upside in your company’s growth
  • Gain confidence that your ESOPs hold real value
  • Convert paper wealth into financial flexibility
Apply for ESOP Liquidity
For Angels & Early Investors

Partial Liquidity—Without Walking Away Completely

Early-stage investing often involves long holding periods. We therefore provide liquidity to angels and early investors through secondary transactions—enabling partial exits while they maintain continued participation in the company’s long-term upside.
  • Unlock liquidity in a long-duration asset class : Access capital without waiting for IPOs or acquisitions
  • Take money off the table—without a full exit
  • Execute clean, founder-aligned transactions : All investments are done in coordination with founders and existing investors, ensuring alignment.
  • Preserve cap table quality : Our fund replaces multiple sellers, maintaining long-term ownership discipline.
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Contact with us

Partner With Ironclad Ventures

We work with founders, employees, angels, and early investors to make secondary investments across India’s leading startups. If you are exploring liquidity—or looking to facilitate it—we’d be glad to connect. You can also write to us at krishna@ironcladamc.com
Krishna Killa - Founder & Chief Investment Officer
  • Long-term orientation
  • Research-driven investing
  • Complete alignment with clients
  • Transparent communication