Thursday, June 13, 2024
Outlook.com
Outlook India
Outlook Business

Endiya Partners Progresses Towards 1X DPI, Prepares For Next Phase

Endiya Partners is an early-stage venture capital firm with a proven track record of investing in scalable product start-ups.

Endiya Partners Progresses Towards 1X DPI, Prepares For Next Phase
POSTED ON February 07, 2024 3:07 PM

Endiya Partners, an early-stage VC firm, has achieved nearly a 1X DPI return on its Fund 1 in just eight years, it said in a statement. 

The investment firm termed this impressive return as a new benchmark in the venture capital landscape.   

It has significant ownership remains in unicorns like Darwinbox and Kissht, and high-growth companies like SigTuple, the company said in a statement. 

The firm further added that despite cautiousness in 2023 in the VC landscape, its Fund 2 portfolio has thrived. Companies like Zluri, Scrut Automation, SugarFit, EyeStem, SigTuple, Myelin, AquaExchange, and Grip Invest secured substantial follow-on rounds.  

"Our close to 1X DPI return on Fund 1 isn't a stroke of luck," says Sateesh Andra, Founding Partner at Endiya Partners. "It's the result of three key pillars: first, our sharp focus on high-growth thematic sectors like Enterprise (AI-powered SaaS, Data, Security), Digital Industry, and Healthcare."  

Endiya Partners is an early-stage venture capital firm with a proven track record of investing in scalable product start-ups. With a deep understanding of their domain and vast experience in entrepreneurship and operations, the Endiya team plays a major role in developing scalable businesses. 

Last year has been challenging due to low investments in the start-up ecosystem. According to the Q4’23 edition of the KPMG Private Enterprise Venture Pulse report global venture capital investments dipped from $531.4 billion across 51,894 deals in 2022 to $344 billion across 37,808 deals in 2023. 

  • Related Articles

    Under this partnership, Unnati will extend channel financing solutions in collaboration with its NBFC partners including its subsidiary Ora Finance to over 76,000 channel partners across India...

    Unnati IFFCO Announces Strategic Tie-Up To Offer Credit To Rural Markets

    Manipal Group chairman Ranjan Pai is set to become the largest shareholder in Aakash Institute with a 40 percent stake in the company after the legal win.

    Edtech BYJU’s Wins Legal Tussle Over Stake Dispute With Aakash Institute: Report

    Shares of One97 Communications climbed 10 per cent on Wednesday morning, after the news. The stock jumped 9.99 per cent to Rs 496.75 on the BSE after a firm beginning.

    Paytm Shares Surge Again Following Vijay Shekhar Sharma's Meeting with Nirmala Sitharaman