Ketki Paranjpe joins Sixth Sense Ventures as partner
With more than 15 years of experience, Paranjpe joins Sixth Sense from L Catterton, a global consumer-focused private equity firm.
In her new role, she will focus on driving investments in disruptive consumer companies in high potential categories, the release said.
Founded in 2014 by former IDFC Securities executive Nikhil Vora, Sixth Sense is one of the oldest rupee capital funds focused on investing in consumer-centric businesses coming out of India. The firm is in the process of raising a Rs 1,600 crore third fund, one of the largest rupee capital equity funds in India.
“Paranjpe adds a new dimension to our offering and augments our proposition. We look forward to leveraging her expertise as we further execute our strategy of backing first generation entrepreneurs with businesses that disrupt the status quo and address consumer needs more efficiently,” Nikhil Vora, founder and chief executive office of Sixth Sense Ventures said.
“Entrepreneurship is on the rise in India and there are many gems to be uncovered and polished,” said Paranjpe. “Growing in the private equity space with L Catterton over the past decade has been an honour, and I am grateful for the support the firm has given me as I embark on this new journey.”
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