Multiply Ventures

Multiply Ventures is a venture capital firm based in Bangalore, India, focusing on early-stage investments in consumer technology startups. The firm aims to support ambitious entrepreneurs launching products and services that cater to the large Indian consumption basket. Their investment approach is thesis-driven, emphasizing sectors such as fintech, edtech, retail, and health, with a vision to be one of India's most impactful early-stage VC funds.

The founding team comprises individuals with over 20 years of experience in companies like Paytm, Alibaba, Yahoo, Myntra, Flipkart, and Google. This diverse background enables them to empathize with early-stage founders and assist in scaling startups from inception to growth. Multiply Ventures employs a unique milestone-based investment model, providing capital early and committing to additional investments upon achieving mutually agreed milestones.

Since its inception, Multiply Ventures has made over 30 early-stage investments, many of which have successfully raised subsequent funding rounds. Their portfolio includes companies like Freed, Iluvia, Ximkart, Tekie (acquired by UOLO), Riyaz, and Nova Benefits. The firm also offers ecosystem partnerships, granting startups access to a vast consumer base and industry experts, thereby enhancing their growth prospects in the Indian market.