SapphireInk Ventures

Flashpoint Venture Capital invests in Western Tech Companies founded by expats from Emerging Europe & Israel. By combining our capital and expertise with the vision and talent of tech founders we are always pushing for the next flashpoint. Our sweet spot is business-to-business software-as-a-service solutions and business-to-consumer applications in the initial revenues stage (late seed-round “A”). We are happy to learn about any innovative software solutions, even in pre-revenue stages. StrategyFocus on late-seed and Series A stage companies, however could consider seed investments in areas of our sector expertise or with co-investors we know. The sweet spot is business-to-business software-as-a-service solutions, however, we also invest in compelling business-to-consumer applications. Our focus is on software or software enabled companies, but we could also consider “software-first” hardware businesses. Initial check size of US$1-4m, following up to US$15m over the life of our investment. We are seeking 10-20% stakes with Board roles to enable our value-add. We are sector and business model agnostic. Investment criteriaA team of expert founders having achieved good initial traction (US$50-200k MRR) and tackling a sizable problem. Compelling product with sticky customers and low/negative churn. Business models with solid economics and LTV/CACs above 3x. Scalable sales/marketing channels, either inbound or outbound. First-mover or other lasting competitive advantage. Time horizon to potential exit is not a major consideration. Investment processWe like meeting companies early on in their development. Even at that stage before we invest, we could be helpful with our network or professional advice. We apply a structured analytical approach to evaluating the company. We are always interested in learning more about financial and operating metrics. Our investment terms are company friendly and could be tailored to particular needs and situations. Post term sheet signing we have a standardised due diligence process across main business areas – business, tech/intellectual property, finance, legal, tax, and others. From term sheet signing to closing a transaction the process can take one or two months depending on the speed of the company in assisting in the due diligence process.

Singularity Ventures is a leading venture capitalist firm. We are a preferred provider of capital and differentiated Capital Market Access for Growth stage companies. Singularity brings together a unique combination of accomplished Operators and Investors to support our portfolio across their growth and capital markets journey. We are committed to identifying and supporting innovative startups with transformative technologies and business models that address challenges and opportunities in consumer, SAAS, and sustainable energy infrastructure among others. Singularity differentiate by providing their portfolio companies with industry insights, technical mentorship, and access to key partners within the rapidly changing startup ecosystem.

Founded in 2011, IvyCap Ventures is one of India's leading homegrown venture capital funds leveraging IIT and IIM alumni networks to power the Indian startup ecosystem. Headquartered in Mumbai with offices in Delhi, Bengaluru, US and Singapore, the company is currently managing assets in excess of USD 530 million with a portfolio of 30+ companies spread across sectors such as ConsumerTech, HealthTech, Fintech, EdTech, Saas, Enterprise Tech, DeepTech and others. We are a sector agnostic fund stemming from our strong belief in people’s power to spark innovation & disruption. We invest in early to growth stage start-ups (Seed Pre-series A, Series A and Series B) that are building innovative technology-based products, services & business solutions and have the potential to scale and adapt to lead in a cut-throat market and became India’s first homegrown VC fund to have successfully created a dragon company' As a homegrown VC fund, we are proud to have more than 20 institutional investors investing across our funds. Promising start-ups, in addition to funding, could receive invaluable advice and scale-up support within the IvyCap Ventures ecosystem under the Mentorship Program. We also have an alumni-driven engagement platform for all the stakeholders in the start-up ecosystem under the name IvyCamp which helps in enabling engagement, accelerating business, design corporate innovation programs, and help early stage start-up communities to connect with investors. IvyCap Ventures also have direct support from over 5,000+ IIT and IIM graduates globally. Our core philosophy lies in creating enduring value for all our stakeholders through capital and expertise. We nurture relationships with our investors, and portfolio companies and believe in creating a meaningful impact while generating financial returns. Our current portfolio includes Purplle.com, Bewakoof.com, Biryani By Kilo and more, together we are accomplishing a meaningful difference.

We empower founders by fueling their growth through investment and connecting them with our vast network of business partners. Fikrah Venture Capital Firm, founded by AI-Jabr Group in 2024, aims to empower founders and fuel their startups growth towards successfuI exits and IPO journeys. We strategically targets investments across diverse sectors, recognizing the potential for innovation and growth in the following key areas: AI (Artificial Intelligence) SaaS (Software as a Service) FinTech (Financial technology) Consumer Eco-Systems Philosophy Fikrah venture capital company is focusing on discovering the best talented startups and new established businesses and lights up the road to lead their growth, and to remove any barriers to develop and bloom. Our vision Fikrah company is ambitious to be a part of the story of transformation of the Saudi Vision 2030, and to promote its pillars to create a vibrant society, a thriving economy which is full of successful opportunities and lastly to create an ambitious nation, also Fikrah is in compliance with the programs and projects of 2030 Vision. Our Mission Fikrah enables startups to take advantage to the Saudi market atmosphere to grow up and expand and to exploit the countless opportunities to establish the bases of their industries, also to rank their brand and trademark at the top of the list.

Andav Capital is a New York-based venture capital firm investing in early stage FinTech and tech-enabled companies for above-market returns. At Andav Capital, we are active partners to our portfolio companies, deploying our global network and cross-functional experience for capital efficient growth, de-risking our portfolio companies through substantial and symbiotic partnerships with management teams, and introducing prudent operational and corporate governance practices. Our reputation as an accretive partner continues to attract proprietary deal flow and propel the best founders to seek our partnership, often allowing us to secure the most favorable investment terms and yielding best-in-class risk-adjusted economics for our Limited Partners. Our Portfolio Our portfolio consists of tech-enabled companies that have established product-market fit and are revenue-generating. We have invested in FinTech, DeFi, Web3, B2B SaaS, marketplaces, consumer AI/ML, and more. Our portfolio companies exhibit defensible competitive advantages and capital efficient growth compared to their peer class. We are also proud that the majority of our portfolio companies are led by female and diverse CEOs who also leverage impact and ESG-factors as core business drivers for long-term value creation and competitive differentiation. Our portfolio is outperforming industry benchmarks for venture capital firms with less than $50M AUM. We have been fortunate to invest alongside and prior to Fortune 500 CEOs, major VC firms, and leading investment banks and corporates, including PayPal CEO Dan Schulman, Kleiner Perkins, Morgan Stanley, and Salesforce.

Unicorn India Ventures was founded in 2016 when our partners, Anil Joshi and Bhaskar Majumdar, brought their complementary skill sets together to pursue a common goal of assisting determined and visionary startup founders in scaling their businesses to new heights and developing the investor ecosystem in India. The investment thesis for this Fund revolved around the countrywide digitization wave as a result of higher internet penetration, increase in smartphone users, ease of doing business and the overall prosperity of the country. Unicorn India Ventures Fund-I was actively deployed in new-age startups, with both partners utilizing their extensive networks and deep understanding of the startup ecosystem and businesses to invest in pioneering ideas and innovative founders. Several companies that received investments from Unicorn India Ventures in 2016 experienced multiple up rounds in late 2017, which further bolstered our conviction and confidence in our investment thesis. Unicorn India Ventures was founded in 2016 when our partners, Anil Joshi and Bhaskar Majumdar, brought their complementary skill sets together to pursue a common goal of assisting determined and visionary startup founders in scaling their businesses to new heights and developing the investor ecosystem in India. The investment thesis for this Fund revolved around the countrywide digitization wave as a result of higher internet penetration, increase in smartphone users, ease of doing business and the overall prosperity of the country. The Fund-I was in the penultimate year of the investment phase. We found novel and pathbreaking opportunity which bridged the SME banking enablement gap through its innovative digital first approach, Open Bank. By this time we had invested in companies like Sequretek, Inc42, SmartCoin, Open Bank etc which later went on to become industry leaders in their domains. In 2019, as Fund-I concluded its investment phase, we experienced multiple successful up rounds, including Open's notable Series B round just one year after our initial seed investment. With this success, we began planning the launch of a new fund vehicle, complete with a clear investment thesis for each sector, marking the beginning of a new chapter in our investment journey. The year 2020 was marked by significant volatility and a period of intense learning, as it signaled the beginning of a new era. While the pandemic brought considerable challenges for everyone, technology emerged as a key driver in this paradigm shift, leading to a transformation in many aspects of daily life. The widespread adoption of digital technologies proved to be a boon for organizations that facilitated this shift, including the majority of our portfolio companies. In 2021, we resumed our active search for new and innovative investment opportunities. We directed our investments towards determined startup founders with pioneering ideas. Notably, two of our high-performing portfolio companies from Fund-I, namely SmartCoin and Open, successfully secured funding for their Series B and Series C rounds, respectively. As we entered the fifth year of Fund-I, we initiated planning for potential exits in the mid-to-late 2021 period. This strategic move resulted in some promising outcomes in the early months of 2022. In 2022, we reached the sixth year of our first fund and were pleased to report a total value to paid-in (TVPI) ratio of approximately 9x. Furthermore, we delivered an impressive compound annual growth rate (CAGR) return of around 60% after factoring in fees, to our valued investors. Open achieved a significant milestone by becoming India's 100th unicorn and the first neobank to attain this distinction. Through a partial exit from Open and complete exits from six other portfolio companies, we were able to deliver more than a two-fold return on investment to our limited partners (LPs) with one year remaining in the fund's lifecycle. Our investments from Fund-II have demonstrated exceptional growth, with several of them raising multiple rounds of funding in the first year after our initial investment. Presently, Fund-II has been fully deployed, with 80% of the corpus reserved for follow-on investments in promising breakout companies.