Multiply Ventures is a thesis driven, early stage VC fund focused on consumer tech
Our Vision is to invest and support ambitious entrepreneurs who are embarking on launching products and services, that serve the large Indian consumption basket very early in their Journey.
We understand it’s not an easy journey and we like to be true partners to the companies we invest in. If you are a passionate entrepreneur building for India.
How we help
Investing beyond Capital
Talent through a Doers Network
Access to experienced people across product/tech/growth & design functions to the companies we invest in. We have been fortunate to work with many talented people and they are willing to spend time with portfolio companies to solve for specific challenges.
A unique investment model
We have a unique milestone based investment model where in we come in early, capitalize well and commit to investing an agreed amount more with the founders on achieving a mutually agreed milestone.
Customer access via Ecosystem partnerships
We are stitching together partners in the fund. These are companies that have large consumer foot print. They are willing to partner with our portfolio companies and provide access to their consumers as long as there are adjacencies.
Our companies
Partnering with exceptional founders!
Freed
Fintech
Freed offer tailor-made debt relief solution to customers who are drowning in debt and are looking to get debt-free.
Founder
Ritesh Srivastava
Iluvia
Consumer
Iluvia is a research backed new-age beauty, wellness, & personal care solution.
Founder
Palash Pandey, Nishant Gupta
Ximkart
Retail Enablement
Ximkart is pioneering the vision of bridging the long-prevailing trade gap between buyers and sellers belonging to different geographies.
Founder
Sharan Urubail, Ankush Mittal
Tekie (Acquired by UOLO)
Edtech
Teaching coding via story telling/animation. Product first company that helps in Invisible learning for kids. The platform teaches logic as well as syntax unlike others in the category. Also, differentiated distribution targeting 15% of top schools with B2B2C model lowering the CAC and increased LTV. For B2C working with small group classes.
Founder
Naman Mukund, Anand Verma
Riyaz
EdTech/ Music Tech
Ability to analyze and match vocal/ audio pitches run time. Helps consumers/ learners sing along matching the pitch to the original singer or the raaga. Uses deep-tech & signal-processing to match voice modulations. Any deviations help the learner self-correct matching the original track as closely as possible.
Founder
Gopala koduri
Nova Benefits
Fintech/Insuretech
Digitizing the whole process of corporate health insurance- From buying, usage/ experience to claims on a single platform. Bringing in price and knowledge transparency, enhancing employee experience through knowledge dissemination & bringing in flexibility for employees to extend covers to their family members and create best in class claims experience. Founded by – IIT Mumbai and Delhi alum. Ex-Accel, YC & Bain.
Founder
Saransh Garg /Yash Gupta
Testimonials
Note by our founders
"Multiply Ventures has been the ideal backer for us. They share our vision and the conviction they’ve shown right from Day 1 has been a true source of motivation. Raveen, Sanjay, and Bhushan are always approachable and willing to share their insights around strategy, team building, and roadmap. They truly care about their portfolio companies, ask the right questions, push you to think, and are candid with their feedback and suggestions. They utilize their extensive network to connect you with the right people and open doors in the ecosystem. We’re glad to have Multiply Ventures as mentors and investors."
Anand
Co-founder Tekie
Multiply is a true-blue backer of our vision and the path we chose to go after it. Bhushan, Sanjay and Raveen have been super supportive and helpful in making crucial decisions along the way, and important hires. They are always eager to help with anything that we need to run and scale Riyaz - connections, resources - whatever it might be. Having walked the path of entrepreneurs themselves, they truly understand the founder’s perspective and that goes a long way in a journey that is prone to turbulence. Could not have asked for better company!
Gopala
Founder- Riyaz
Multiply ventures believed in us when there were few backers and moved fast on their investment decisions. Bhushan, Raveen and Sanjay have been operators in their past companies which helps them give very tactical advice that is needed for running the company. For example Bhushan was able to open our minds around opportunities we were not seeing and Sanjay helped guide us on how we should think about brand strategy. Over and above this Multiply team has been helping us with useful client introductions. Would highly recommend Multiply for any team getting started on their company building journey!
