Passionate, Empathetic & Committed
We are 3 cognitively very different people who founded Multiply Ventures. What unites us are the strong operational skills that we have gained and the passion to work with ambitious founder’s. We have seen the evolution of the startup ecosystem in India since its nascent stage. we have seen both the highs and the lows. Hence, We empathize with early stage founders and help them to scale from 0 to 1. Our key focus is to identify teams in their formative months, understand their core inspiration for solving a problem, absorb the key insights behind their ideas and build conviction in these teams and ideas very early, drawing on our deep global operating experience in product, sales, and marketing.
Our Thesis & Sector focus
India will see the emergence of trusted brands that will improve access to quality education, affordable healthcare, transparent financial services & authentic retail experiences. All of which will be enabled by technology.
While our investments are done in a short amount of time, we do lots of pre-work across our focus sector. You really only can answer the question ‘what could happen if this works out’ when you know what you are looking for… Only then can you have the conviction to invest at such an early stage. This is why we complement our generalist approach with a thesis-driven approach. We update and refine our thesis at regular intervals.
How we see the opportunities
- Gap between education (School, skill & hobby) and outcome (mastery, job-readiness) has increased over the years. Technology now has the ability to change what and how we learn & also cater to a large audience.
- New sizeable digitally connected customer clusters are being created – women, teens & youth, senior citizens, Indian language digital users & gig workers. This opens opportunities to build products and services exclusively for these clusters.
- Traditional banking and Financial Services will become infrastructure and opaque to users. New models will be built over this layer, offering products & services catering to the new digital consumer.
- Access & affordability towards quality health & wellness has been missing to a large cross section of the country. We believe digitally led services will drive down cost, increase access, and improve outcomes across the health continuum.
The Catalysts
- Microfication – of products & services built for self-adoption (Vs assisted)
- New digital rails – like UPI, Zoom, Google Maps, Aadhaar will offer faster access & affordable delivery of products & services.
- Contextual – delivery of products & services will drive a new wave of adoption (Examples: Loans at POS or during buying, Micro Insurances at airport/travel booking, learn on job, micro skilling for a need)
Our discipline is to stick to what we know and what we believe in. Our thesis driven conviction helps us decide when to double down. It also assures you, as the founder, that we would be ‘real believers’, regardless of the current ‘mood’ of the market, and truly understand the value you are creating. Building a product takes time. We understand this, and as investors in your venture for us means having passionate, but also honest, partners who know when to push you, and when to hold you back.
Our Mission & Vision
Mission
Investing in great founding teams and be true partners in their Journey
Our mission is to be the 1st Institutional Investor in great founding teams & actively support them in achieving product market fit. We think it’s about the execution, not the idea. Our greatest contribution is aligning our expertise to a founder’s needs – whether that’s to hire, grow or raise.
Vision
To be one of the most impactful early-stage VC funds in India.
We aim to invest and support ambitious entrepreneurs who are embarking on launching products and services, that serve the large Indian consumption basket very early in their Journey. We stand by – The best founders want to radically change the world for the better. Our approach is to be Passionate, Committed and Empathetic.