Anirudh damani artha ventures

My professional life story is a journey that starts from knocking on doors in West Texas, convincing homeowners to switch their electricity provider to Steam Energy to the Managing Director for Artha India Ventures – a leading early stage investment firm with a portfolio of 50+ startups from Bangalore to Silicon Beach (LA). Along the way I have had the opportunity to work with the largest energy companies in the world in Suez Energy (now called Engie), Direct Energy, First Choice Power, TXU among others. As National Sales Director I setup, trained and managed offices for commercial energy broking in Texas, Illinois, New York and several other states. In 2013 I setup Artha Energy Resources (www.artha.energy) to accumulate micro level data on the energy infrastructure of India. That database is utilised by Artha to identify & execute M&A opportunities – we are a leading player in this space. Noticing an opportunity in deploying capital on high yielding renewable energy assets and the high returns in backing Indian entrepreneurs a unique structure of deploying the cash flows from the renewable assets into early stage startups with high growth potential was setup. The company is called Artha India Ventures (www.artha.ventures) seeded with capital from Ramesh Damani’s and Ashok Damani’s family offices. We have backed some amazing entrepreneurial ventures like OYO Rooms, Exotel, Tala, NowFloats, Purplle, LenDenClub, BabyChakra and others. Now I am setting up an early stage ventu...

Unlike other private equity investors, Apurva Damani, Director of Artha India Ventures, works in a family-office culture along with her brothers, Anirudh Damani and Animesh Damani. Her job at Artha is to manage the firm's portfolio of more than 50 companies in India and the US along with deploying capital into 12-15 new ventures every year. She feels working in a family-office arrangement is a perfect setup for them as individuals and as a firm. "We trust and understand each other. This helps all three of us to excel in the different roles we handle for the office. I can just pick up the phone and ask one of them for help, bounce off an idea or just blow off steam after a tough day." For Damani, investment did not happen by chance. "Making the decision to invest is a choice, as is choosing not to invest," she says while adding, "We have been receiving good deal flow only because we have built credibility over the past five years and have developed deep relationships with the angel networks, investors, incubators and of course, entrepreneurs." If the investor has taken the role of a lead or mentor in the start-up, Damani feels it is their duty to be involved in the business. "They should actively monitor the start-up, conduct periodic meetings, nurture them and help them plan," she added. Giving an example, Damani shared that Artha conducts surprise audits at their startups to confirm the veracity of their statements. "We conduct monthly meetings and quarterly visits to the...

About Company – We seek for, invest in, and promote enthusiastic entrepreneurs who are dedicated to solving the problems that Indian consumers and companies face. we are a dynamic group of serial entrepreneurs, super-angels, and venture capitalists with a proven track record of picking winners in the early phases of their development. we build and support robust models with our founders to establish category leaders that generate tremendous value for all stakeholders. Anirudh Ashok Damani ( Managing Partner ) Artha Venture Fund’s Managing Partner is Anirudh A Damani. Previously, Anirudh was the head of Artha India Ventures’ alternative investing business. He put his money into high-yielding renewable energy projects and early-stage firms with a lot of room for development. Anirudh invested in category-defining businesses including OYO Rooms, Purplle, Tala, NowFloats, Coutloot, Mobilewalla, Rapido, and others at Artha India Ventures. Anirudh formerly worked as an entrepreneur in the energy sector in the United States. He has worked for some of the world’s top energy businesses, including Suez Energy, Direct Energy, Constellation, and others. Anirudh attended Austin College, Cathedral, and the John Connon School in Mumbai. • The fund’s aim is to invest in seed and early-stage startups in India, regardless of industry; investment themes include fintech, technology-enabled B2B and B2C enterprises, and consumption enablers. • The fund will make an initial investment in the Seed...

As a fourth-generation entrepreneur and second-generation investor, Anirudh Damani has carved a path across a multitude of industries but has a particular passion for making a difference through his investments. From investing in a company that renews old smartphones for in-need Africans to facilitating funds into the wind, solar, hydro, and bio-power renewable power projects, Damani clearly has an affinity for making impactful and sustainable investments. However, interestingly, he has an aversion to traditional environmental, social, and governance (ESG) practices. Through his family office, Ahead of speaking at the Questions of how cutting-edge technology and innovative creations can help fight the climate crisis loom large at the ClimateTech Investing Forum this year. As the founder of Artha India Ventures and a speaker at CTi, what are you hoping to get out of the forum? ClimateTech is very close to me. I've been in the energy space for almost 17 years, but we've never really had an ESG mandate; we've only had the mandate to invest in things that people need. We're looking at the new opportunities available and showcasing the companies we have in ClimateTech. I'm actively involved in investing in renewable energy. I look at it not because it's renewable energy but because it's a great investment vehicle if you want consistent long-term cash flows at a more than decent internal rate of return [IRR]. I'm interested in finding like-minded people we could work with and ho...

Our experiences with Artha have seen us go through a whole range of emotions!! The strong value system of the entire team at Artha has echoed into the way we have grown as a start-up & the ability to lean on their support system has been integral to that growth The quick availability of the entire team - for any business needs - not just the leadership has been a revelation to us. The focus on business building within the organisation has been beneficial as we are often taking large execution trade-off calls. • The script of the growth of the Jadooz story has its hero in Artha, the Artha team and its Founder Anirudh. The right priced investment, the seamless collaboration and most importantly the new age wisdom coming from Artha helped in laser focus, resource optimization and helped every rupee travel that extra mile. •

Anirudh Damani General Information Description Mr. Anirudh Damani serves as a Director at Artha India Ventures. He serves as Managing Partner at Artha Venture Fund. he serves as a Board Member at FindURClass and Linden Alpha. He serves as Board Member at Lemnisk and HobSpace. He serves as Board Member at Getwork. He also served as an Advisor at Venture Catalysts (Mumbai). He is a 4th generation entrepreneur. He serves as Board Member at LenDen Club. His entrepreneurial career began as the co-founder of a company that procured long-term energy contracts for power companies in the deregulated U.S. energy markets. His job responsibilities included: i. Recruiting, training, developing, nurturing & firing salespeople ii. Developing & mentoring sales managers, area managers & regional managers iii. Developed & trained his team on sales & marketing material He started investing in early-stage startups as an angel investor; with the intention of helping young founders with the knowledge, he had gained from sales, marketing & human resources. Leveraging his vast entrepreneurial knowledge, he was able to quickly identify disruptive products & services and teams capable of executing their plans. Some of the successful investments that he has personally made include Exotel, NowFloats, OYO Rooms, Tala, LendenClub, and CoutLoot. He also sits on the board of many startup & angel networks as his investment acumen, sales & marketing experience, team building & leadership quotient is eagerl...

My professional journey started with humble beginnings. I found myself going door to door in West Texas, where I tried to convince homeowners to switch their electricity provider to Stream Energy. After all that hustle, I got the golden opportunity to work with one of the world's largest energy companies, Suez Energy, which now goes by the name Engie. As their National Sales Director, I set up, trained, and managed offices for commercial energy broking in Texas, Illinois, New York, and several other states. When I moved back to India in 2013, I decided to set out into the energy space on my own and founded Artha Energy Resources (www.artha.energy). Once I noticed how lucrative the returns were from investing in high yielding renewable energy assets, I decided to re-invest some of our revenue into early-stage startups with high growth potential. This new investment arm, Artha India Ventures (www.artha.ventures), was part of our Family Office. I helped conceptualize a circular investment model that the Office still follows to this day. We generate our startup investment capital from our renewable assets, and in turn, use the returns from our exits to purchase and build more renewable assets. During my time with AIV, we had the opportunity to back extraordinary ventures like OYO Rooms, Exotel, Tala, NowFloats, Purplle, LenDenClub, BabyChakra, and more. We proudly deem ourselves a leading early-stage investment firm with a portfolio of 75+ global ventures. After an enriching e...