We help startups achieve product-market fit and get access to early customers
Enterprise software market spend is $500B, and 80% of it is not SaaS. This is the opportunity we are backing.
Enterprise software market spend is $500B, and 80% of it is not SaaS. This is the opportunity we are backing.
Work is in a constant state of evolution. Global SaaS revenues have crossed $100B and we believe this is just the beginning.
We believe enterprise software tools should be mobile first, faster, smarter, collaborative, gamified and fun.
.png)
If you can demonstrate that you understand the problem better than others, if you have worked with your ideal customer profile in your previous role or been the ideal customer profile in your previous role, if you can clearly articulate the value for your users, then you would be a good fit. At the early stage, we essentially bet on the founder's knowledge of the market.
If you have customers then show us how much they love your product, there is no better metric than this. If you don’t have customers yet, show us why there is a strong need (a good way to show this would be through your analysis from user interviews, focus groups, etc.)
We look for common values we share with founders, we believe its critical for long-term success. We believe in building something big and having fun.
Our product teams will work with you closely to enable growth through product led experiments.
We know how important it is for startups to be close to customers. We have built this program keeping that in mind where startups get brutally honest feedback and co-building opportunities with customers.
In 2016, we launched an accelerator to help pre-seed startups build a better product. Post our first portfolio exit to Cox Automotive in 2018, we started extending our product support to enterprise companies. Today, we are backed by MongoDB, digitally transforming Fortune 500 companies globally.
With this experience, in late 2020 we launched our SaaS fund to partner with startups and help them achieve product market fit and get access to early customers.
We are an operator turned venture capitalist and our general intuition is to not think money will solve all problems. We don't mind rolling up our sleeves, whether it is playing the CTO role for a few weeks or helping you build your flywheel or crack your first big customer.
Investment Partner and Co-Founder
Wekan product accelerator and Wekan Enterprise Solutions (Investors include MongoDB - NYSE:MDB)
Pre-Seed/Seed Investor at:
Comake, Ridekleen, Uncube, Citymall, Mitron, Mailmodo, Rocketskills, Koo + many other
Co/Follow on Investors:
Accel, Nexus, MongoDB, Cox Automotive, Elevation Capital, 3One4 Capital, Kalaari Capital, Blume
Co-Founder
Wekan product accelerator and Wekan Enterprise Solutions (Investors include MongoDB - NYSE:MDB)
Pre-Seed/Seed Investor at:
Staller, viahero, E-Huddle, Freedom
Prev. work stints at:
Violy (Wall Street Investment bank)
Co/Follow on Investors: Quake Capital, Super Angels (Vice
Chairman of Expedia, Co-Founders of Duo-Lingo, ++)
Founder of Freshworks,
Current val @ $5B
Serial Entrepreneur,
last exit $250M
Founder of Musigma,
$150M+ARR
Founder of Nuware,
$50M+ARR
We generally invest when you are closer to the launch of the product. Most of the time, founders reach out to us when they have some angel investors or friends and family who have already invested or is currently investing. This does not mean, you shouldn't reach out to us early. Some of the companies we invested earlier came in when they were just an idea.
We are open to both pre-seed and seed rounds. Unlike traditional venture funds that need 20 to 25% ownership requirements, our ideal ownership equity is approximately 5-7%, after your seed round. We like to own enough of the company to make sure that we can dedicate meaningful time and resources to helping you build further.
We are currently backing companies from India or the US building global products. We only invest in Delaware C Corp companies. If you are an Indian company without a US structure, don’t worry we will help you with it. Most Indian SaaS companies end up with a Delaware structure to raise global capital.
We are open to both priced rounds and convertible notes. We understand some of the early companies find it hard to do priced rounds, so we are very comfortable with convertible notes with a cap.
