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Adith Podhar — Founding Partner · Gemba Capital · Bengaluru, Karnataka, India.
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About
An Entrepreneur by heart and an investor by profession. My experience as a PE investor and as an Entrepreneur has given my unique skill sets to understand businesses and people.
Currently I am the Founding Partner at Gemba Capital (www.gembacapital.in) looking at seed investments in startups based in India with a focus on companies in Fintech and Consumer Tech.
Prior to this worked at Motilal Oswal PE fund (MOPE) in Mumbai. Responsibilities across the investment cycle from deal sourcing - due diligence - negotiation - execution - monitoring - exit.
Prior to MOPE, I was part of a boutique investment bank for 18 months.
I had started my own entrepreneurial venture called 'Crepeteria" (www.crepeteria.in) - a chain of Quick Serve Restaurant operating in Mumbai, Hyderabad and Pune which I ran for 4 years. I understand all aspects of running a QSR in-depth including franchise development, back/kitchen operations, opening of new stores, supply chain etc
I started my career with ICICI Bank, as a product manager for PE in the International Private Banking division. Assisted a couple of PE funds in fund raising from ICICI Bank's network of relationship managers and clients based outside India.
I am a foodie, amateur cook and love traveling, music and movies !
Experience
Founding PartnerCurrent
Gemba Capital · Greater Bengaluru Area
Jan 2018 – Present
Gemba Capital backs pre-seed and seed stage highly scalable startups. We focus on Fintech and Consumer tech startups from India. Gemba is a place where actual value is created. Products have to be unique, solving a particular purpose and differentiated. We have a non-intrusive approach and we completely believe in the entrepreneurs we have backed. An entrepreneur can think of us more as a resource and a sounding board. We are good listeners and that is a trait needed in our profession to grow. We listen because we respect. Investments: Insurtech > Plum (follow-on by Tiger Global) > Verak (acquired by Insurance Dekho) > SureClaim (acquired by MedAssist) Alternative Investing > Wint Wealth (follow on by Eight Roads) > Strata (follow on by Family offices) > Grip invest (follow on by Anicut, Stride) SaaS > Zuper (follow on by Salesforce and Fuse Ventures) > Finly (cash exit - acquired by Lockstep) > ClickPost (follow-on by Inflexor, Athera) > Tranzact > Zvolv (follow on by JSW Ventures) B2B Platforms > Showroom (follow on by Jungle) > Shopkirana (acquired by Udaan) > Lal10 (follow on by Beyond Capital, Xander) > Smartstaff (Arkam, Blume and Nexus) > Shoption > Sanlayan Technologies Fintech > Mannjal > Volt Money (cash exit to DSP Group) > Kredmint > Navadhan > Finodaya Capital > Pazy AI >Affogato.ai (follow on by YC, global VCs) Consumer >ClearDekho - Partial exit >SleepyCat (follow on by Saama Capital) > Inamo > Flick TV > Eternz > Crejo (acquired by Physicswallah) > Lightfury Games > 4AM Fresh > MyHQ (acquired by Anarock) Agritech >Unnati (Infoedge) >Krishikan Healthcare > NeoDocs (follow on by YC and Omidyar) > Docube
Vice President - Investments
Motilal Oswal Financial Services Ltd · Mumbai Area, India
May 2013 – May 2017
Part of the Growth Capital investing team. Multi-functional role through all the stages of the fund. The Fund II size is USD 150 mn with marquee investors like IFC and Squadron Capital. Avg. deal size of USD 8 - 15 mn. The fund is focused on investing in mid market companies driven by sustainable economic growth of India in the next decade. Board Observer/Representative: > Magicrete Building Solutions, Minda Industries ltd, Glass wall Systems, Dixon Technologies Involved in 2 stellar exits: > Dixon Technologies (exited with a MoC ~16X) & > Minda Industries (exited with a MoC ~6X) Besides the above have met and analysed over 50 mid size companies for investment purposes across sectors.
Education
Skills
Recent activity
AI in Diagnostics in India
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