3One4 Capital expands leadership team with promotions, hiring

Pranav Pai, founding partner and chief investment officer, said, “We have intentionally designed the organisation on fundamental principles of deliberate specialisation, goal-driven cooperation, and an unyielding bias towards action. We also strongly believe that assembling a team of operators with complementary skills and track records is a cultural advantage in an industry as competitive as venture capital.”

Anurag Ramdasan, a member of 3one4 Capital since its inception, has been deeply involved in investing and managing more than 30 of the 70+ portfolio companies at 3one4 Capital, including Koo, Ripplr, WeRize and Lokal. “In addition to leading the investment strategies and strengthening portfolio management across funds, Anurag will also support the expansion of 3one4 Capital’s stage focuses and team as the firm continues to scale its AUM (assets under management),” the release said.

This elevation makes Ramdasan one of the youngest non-founding partners at an Indian venture capital firm.

Madappa joins the firm as principal and head of growth and capital development. “In addition to supporting investments, topline and capital growth for the portfolio, Nruthya works closely with global institutional and strategic investors to help drive the growth of the Indian startup ecosystem. Her team partners deeply with portfolio companies and founders in helping plan and achieve financial and strategic objectives including capital raises, revenue acceleration, M&A, and exits,” the company said.

3one4 Capital currently manages a corpus of Rs 1,800 crore ($240 million) and has invested in companies in a variety of sectors, such as consumer, enterprise technology, fintech, digital media and deep tech. Its portfolio includes firms such as Licious, Open, DarwinBox, Jupiter, Betterplace, Koo, Dozee and Breathe Well-Being.

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Siddarth Pai, founding partner and chief financial officer, said India’s early-stage investor ecosystem has been radically transformed and that the role of venture capitalists has moved beyond mere providers of capital to “true partners in new value creation”. He added, “Having a team that supports the needs of founders and operators today is essential to achieve and maintain top-decile performance.”