Venture Capital

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Manjushree Ventures

Vimal Kedia started the firm after decades in plastics packaging. The Kedia family consolidated its interests into Manjushree Ventures following the October...

Manjushree Ventures logo

Manjushree Ventures

Vimal Kedia started the firm after decades in plastics packaging. The Kedia family consolidated its interests into Manjushree Ventures following the October 2018 sale of its Manjushree Technopack stake to Advent International. The office allocates across direct co-investments, SPVs, fund-of-funds commitments and real estate. Asset classes include non-woven textiles through Manjushree Spntek, paper packaging via Manjushree Packtek, warehousing under Mphinite, and wellness through Fitron. Capital A runs a $25 million vehicle focused on seed and early-stage deals. Geographic exposure centers on India with additional activity across Asia. The team includes family members Rajat Kedia and Ankit Kedia alongside Basant Kumar Mohata as CEO and Group CFO. Operating assets comprise industrial plants in Bidadi and Bommasandra, commercial properties in Electronic City, and a heritage museum in Bengaluru. No public data exists on total professionals or assets under management. Manjushree Ventures operates through a hybrid structure that combines direct ownership of industrial and real-estate assets with an internal venture fund, allowing the family to retain operational control while participating in external startup ecosystems.

General information

Firm type

Venture Capital

Year founded

2019

Location

Region

Asia

Country

India

City

Bengaluru

Corporate office

Bengaluru, India

Principals

Vimal Kedia

Founder and Group Chairman

Altss tracks 4 additional named team members for this firm — including direct investment leads, IR, and operating principals not listed on the public website.

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Sector focus

ClimateTechAgriTech & FoodTechIndustrial TechFinTechHealthcare ServicesEnergy Transition & RenewablesSupply Chain & LogisticsPropTechRobotics & Automation

Frequently asked questions

Who runs investment decisions at Manjushree Ventures?

Vimal Kedia serves as Founder and Group Chairman. Basant Kumar Mohata acts as CEO and Group CFO with day-to-day responsibility for the investment portfolio.

Does Manjushree Ventures participate in fund commitments or only direct deals?

The firm uses both approaches. It makes direct co-investments and SPVs while also operating Capital A, its own $25 million seed and early-stage venture fund.

What investment stages does Manjushree Ventures typically target?

Confirmed activity spans seed, early stage and growth. Capital A focuses on seed and early-stage startups while the broader office also holds established operating businesses.

Where does the underlying wealth come from?

The capital originates from the Kedia family's sale of its controlling stake in Manjushree Technopack, a rigid plastic packaging company, to Advent International in October 2018.

How is Manjushree Ventures related to Capital A?

Capital A is the family's internal venture fund launched under Manjushree Ventures. Ankit Kedia serves as its founder and managing partner.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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