Multiply Ventures

Venture Capital Karnataka, India ·Founded 2019

Overview

Multiply Ventures is a venture capital firm based in Bangalore, India, focusing on early-stage investments in consumer technology startups. The firm aims to support ambitious entrepreneurs launching products and services that cater to the large Indian consumption basket. Their investment approach is thesis-driven, emphasizing sectors such as fintech, edtech, retail, and health, with a vision to be one of India's most impactful early-stage VC funds. The founding team comprises individuals with over 20 years of experience in companies like Paytm, Alibaba, Yahoo, Myntra, Flipkart, and Google. This diverse background enables them to empathize with early-stage founders and assist in scaling startups from inception to growth. Multiply Ventures employs a unique milestone-based investment model, providing capital early and committing to additional investments upon achieving mutually agreed milestones. Since its inception, Multiply Ventures has made over 30 early-stage investments, many of which have successfully raised subsequent funding rounds. Their portfolio includes companies like Freed, Iluvia, Ximkart, Tekie (acquired by UOLO), Riyaz, and Nova Benefits. The firm also offers ecosystem partnerships, granting startups access to a vast consumer base and industry experts, thereby enhancing their growth prospects in the Indian market.

Investment Focus

  • Innovative consumer technology solutions
  • Strong founding teams with a clear vision
  • Scalable business models addressing large market opportunities

Portfolio Companies

FreedIluviaXimkartTekieRiyazNova Benefits

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Frequently asked questions about Multiply Ventures

What sectors does Multiply Ventures invest in?

Multiply Ventures invests in Retail, EdTech, FinTech and Health, and is based in Karnataka, India. Multiply Ventures is listed as a venture capital in the ConnectSafely investor database.

What stage does Multiply Ventures invest at?

Multiply Ventures backs companies at Seed, Early Stage, Series A and Series B.

Which regions does Multiply Ventures invest in?

Multiply Ventures invests across India.

Who are the partners at Multiply Ventures?

Team members listed for Multiply Ventures include Sanjay Ramakrishnan (Founder) and Raveen Sastry (Founding Partner).

What companies has Multiply Ventures invested in?

Multiply Ventures's portfolio includes Freed, Iluvia, Ximkart, Tekie, Riyaz and Nova Benefits.

How do I contact Multiply Ventures?

Multiply Ventures's contact details — including LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.

Last updated · Source: ConnectSafely investor database