Investpad

Investment decisions are led by Sai Abhishek Raya Rao, who serves as Founder and Designated Partner of Investpad LLP. He operates alongside Aleti Ravali, also a Designated Partner. The strategic relationship with Starfish Growth Partners and its CEO Philip Thomas introduces a co-investor dynamic, suggesting shared decision-making on deals under the joint Starfish Investpad Innovation Fund.

Investpad operates a joint venture with Starfish Growth Partners, an India-focused early-stage investment platform. This partnership resulted in the creation of the Starfish Investpad Innovation Fund. Philip Thomas, the CEO of Starfish Growth Partners, is a frequent co-investor and partner, indicating that the two entities collaborate on sourcing, diligence, and capital deployment rather than operating as separate, arm's-length counterparties.

Investpad targets early-stage Indian companies, spanning the start-up to growth phases. The Starfish Investpad Innovation Fund is explicitly positioned to deploy capital across this spectrum, suggesting flexibility to lead seed rounds, participate in Series A raises, and selectively follow on into growth-stage financing.

The firm appears to invest directly in companies through its joint-venture fund vehicle rather than acting as a fund-of-funds. The alignment with Starfish Growth Partners, a platform that makes direct venture investments, supports the inference that Investpad's capital is deployed as direct equity alongside its co-investment partner.

Deal flow is primarily sourced through the partnership with Starfish Growth Partners and its CEO Philip Thomas. Starfish Growth Partners maintains an active on-the-ground presence in the Indian startup ecosystem. Investpad's Hyderabad base positions it within one of India's growing entrepreneurial corridors, though publicly documented proprietary sourcing channels beyond the Starfish relationship are limited.