Industry veterans to venture out with SamVed VC with $50 million corpus

Amit Srivastava, previously an investor at Ray Dalio's Bridgewater Associates—the world’s largest hedge fund—has established an early-stage venture capital fund called SamVed, aiming for a fund size of $50 million.
Lolita Steuber · 10 days ago · 2 minutes read


SamVed: Unveiling the Economic Engine of India Two

Venturing into India's Middle-Income Serving Class

Amit Srivastava, a seasoned investor, has teamed up with Shanti Mohan, Vivek Khare, and Gagan Saksena to launch SamVed, a venture capital fund targeting businesses catering to the socioeconomic group known as India Two.

India Two encompasses the growing middle and aspiring classes, representing a market potential of over 400 million.

"We aim to support startups building for India Two, a vibrant and underserved market," states Srivastava, SamVed's Managing Partner.

"Our investments will span sectors like finance, healthcare, and e-commerce, prioritizing companies that address the unique challenges and opportunities this segment faces.

Investing with Impact

SamVed invests in seed-stage and pre-Series A startups, backing businesses that aim to drive tangible economic and social change.

The fund's portfolio already includes ventures solving problems for unorganized food vendors, developing smart vending machines for tier-II and tier-III cities, and providing software solutions for textile companies.

Catalyst for Innovation

"India's economic landscape presents exceptional opportunities for startups," emphasizes Srivastava. "We believe in the power of these businesses to shape the next wave of innovation and progress."

Shanti Mohan adds, "Our unique operator-driven approach, with an in-house CTO, allows us to offer hands-on tech support to our portfolio companies, empowering them to scale rapidly and achieve their full potential."

Global Access to Local Opportunity

Despite India's increasing domestic investment interest, SamVed is strategically based in the US to offer global capital access to India's economic growth story.

"We're bridging the gap between international investors eager for diversification and Indian startups hungry for growth capital," explains Srivastava.