PremjiInvest

Founded 2006
Founders Azim Premji

Overview

Unlock datapoints

Portfolio analytics

Team

Investments

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.
Total investments 52
Average round size
info
The average size of a deal this fund participated in
$125M
Portfolio companies 39
Rounds per year 3.47
Lead investments 14
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.25
Exits 7
Key employees 2
Stages of investment
Late Stage Venture
Private Equity

Areas of investment

  • E-Commerce
  • Software
  • Retail
  • Enterprise Software
  • Shopping
Summary

PremjiInvest is the famous VC, which was founded in 2006. The leading representative office of defined VC is situated in the Bangalore. The venture was found in Asia in India.

The usual cause for the fund is to invest in rounds with 5-6 partakers. Despite the PremjiInvest, startups are often financed by Salesforce Ventures, Shasta Ventures, Crosslink Capital. The meaningful sponsors for the fund in investment in the same round are Meritech Capital Partners, Tiger Global Management, Temasek Holdings. In the next rounds fund is usually obtained by Temasek Holdings, Unilazer Ventures, SoftBank Telecom Corp.

The overall number of key employees were 2.

Among the most popular portfolio startups of the fund, we may highlight Snapdeal, Looker, Devoted Health. Besides, a startup requires to be at the age of 6-10 years to receive the investment from the fund. For fund there is no match between the country of its foundation and the country of its the most frequent investments - United States. The fund has no specific favorite in a number of founders of portfolio startups. If startup sums 4 of the founder, the chance for it to be financed is low. Among the most popular fund investment industries, there are FinTech, Shopping.

The fund is constantly included in 2-6 deals per year. The usual things for fund are deals in the range of 50 - 100 millions dollars. The higher amount of exits for fund were in 2018. The typical startup value when the investment from PremjiInvest is 500 millions - 1 billion dollars. The important activity for fund was in 2015. Despite it in 2019 the fund had an activity. Opposing the other organizations, this PremjiInvest works on 0 percentage points less the average amount of lead investments. Speaking about the real fund results, this VC is 48 percentage points more often commits exit comparing to other organizations.

Read more

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Purplle

Beauty
Cosmetics
E-Commerce
Mobile Apps
Retail
Shopping
$60M18 Nov 2021 Mumbai, Maharashtra, India

Heyday

Digital Marketing
E-Commerce
Information Technology
Internet
Marketplace
$555M16 Nov 2021 San Francisco, California, United States

smallcase

Financial Services
$40M18 Aug 2021 Bengaluru, Karnataka, India

SB Packagings

Manufacturing
Packaging Services
$25M12 Aug 2021 New Delhi, Delhi, India

SonderMind

Health Care
Marketplace
mHealth
Software
Therapeutics
Wellness
$150M28 Jul 2021 Denver, Colorado, United States

GlobalBees

E-Commerce
Retail
$72M18 Jul 2021 Delhi, Delhi, India

Sysdig

Cloud Computing
Cloud Security
Cyber Security
Open Source
SaaS
Software
$188M28 Apr 2021 San Francisco, California, United States

Adagio Therapeutics

Biotechnology
Pharmaceutical
Therapeutics
$336M19 Apr 2021 Massachusetts, United States

Baby
Consumer Goods
E-Commerce
Retail
Shopping
$13M30 Mar 2021 Pune, Maharashtra, India
News
Pyxis One Raises $17M to Democratize Codeless AI in Marketing as a SaaS Offering

– Pyxis One closed $17M in Series B funding.
– With total funding of $24M, the tech startup plans to use this round of capital for investments in product development, and to expand to new markets.
Celesta Capital and Premji Invest co-led the round with participation from previous investors Chiratae Ventures, pi Ventures, and Exfinity Venture Partners.
– Pyxis One enables enterprises to scale accurate data-driven marketing.
– The startup’s codeless AI ecosystem comprises dozens of AI models deployed across different aspects such as targeting, optimization, creative recommendation, and consumer research, enabling a complete ecosystem that can help teams collaborate, and leverage capabilities enabled by the adoption of AI.

Amazon backs Indian wealth management service Smallcase in $40 million funding

Amazon backed Bangalore-based startup Smallcase in a $40m Series C financing round.
– The round was led by Faering Capital and Premji Invest.
– Existing investors Sequoia Capital, Blume Ventures, Beenext, DSP Group, Arkam Ventures, WEH Ventures and HDFC Bank also participated in the new round.
– Smallcase offers a platform to help introduce a new generation of investors to the Indian equity markets.
– The startup offers an in-house team of licensed professionals who offer more than 100 portfolios of stocks and exchange-traded funds, as well as provides its users access to independent investment managers, brokerages and wealth platforms.
– Smallcase has amassed over 3 million users, who are transacting about $2.5 billion each year.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent PremjiInvest?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!

Wait!
You can raise money with us faster

Get matched with relevant funds

Find decision makers data

Connect with investors by email

Remind me later
...and save more than 200 hours*
*-Our recommendation and outreach system saves up to 200 hours of founder time on fundraising for seed and series A+ startups
We use LinkedIn only to verify your account. We don't import or message your contacts, nor post on your behalf.
By creating an account, you agree to our Terms of Service and Privacy Policy.
Crunchbase icon

Content report

The following text will be sent to our editors: