3one4 Capital, an early-stage venture capital firm based in Bangalore, announced the elevation of Anurag Ramdasan to Partner and the appointment of Nruthya Madappa as Principal. The company also elevated Richard Pinto, Yash Baid, and Ashwini Thulsaram to Principals in addition to their roles as heads of functions within the firm, according to a statement.
Pranav Pai, Founding Partner and Chief Investment Officer, 3one4, said, “At 3one4, we have intentionally designed the organisation on fundamental principles of deliberate specialisation, goal-driven cooperation, and an unyielding bias towards action. We also strongly believe that assembling a team of operators with complementary skills and track records is a cultural advantage in an industry as competitive as venture capital.”
“These elevations in the team reflect the firm’s grounds-up commitment to our founding values, and holds these young professionals as exemplars of the transformation that the startup ecosystem is leading in India. We have no doubt that 3one4’s expanded leadership will enhance our deep-involvement model, strengthen our capabilities in supporting the growth of generational companies, and serve as the foundation for its evolution into a top-tier homegrown financial institution on the frontier of innovation and value creation,” Pai added.
Ramdasan has been deeply involved in directly investing and managing over 30 of the more than 70 strong portfolio companies at 3one4 Capital, including Koo, Ripplr, WeRize, Lokal, etc. In addition to leading the investment strategies and strengthening portfolio management across funds, he will also support the expansion of the company’s stage focuses and team as the firm continues to scale its AUM, the statement said.
Madappa joined 3one4 Capital as Principal and Head of Growth and Capital Development. She works closely with global institutional and strategic investors to help drive the growth of the Indian startup ecosystem.
Madappa has led global teams across technology, finance, real estate, education and economic policy. Prior to 3one4 Capital she founded and led The CoWrks Foundry as Managing Partner, investing in over 25 companies and establishing global partnerships with Yale and Columbia University. Madappa holds BS and MS degrees in Electrical Engineering from Stanford University and an MBA from Harvard Business School.
Richard Pinto (Head of Portfolio Management and Finance), Yash Baid (Head of Research), and Ashwini Thulsaram (Head of Governance and Business Integrity) who were also elevated to Principals, have spent several years at the company, the statement added.
Siddarth Pai, Founding Partner and Chief Financial Officer, 3one4 Capital, said, “The early stage ecosystem has radically transformed in India and the role of venture capital has moved beyond mere providers of capital to true partners in new value creation. Having a team that supports the needs of founders and operators today is essential to achieve and maintain top decile performance.”
“Early stage experience compounds aggressively and the leadership team at 3one4 Capital has purpose-built the organisation to stay in resonance with the innovation engines of the next decade,” he added.
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