# Multiply Ventures

Multiply Ventures is a Venture Capital based in Bangalore, India.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Bangalore, India
- **Region:** Asia
- **Address:** Bangalore, India
- **Founded:** 2018
- **Assets under management:** Undisclosed
- **Website:** www.multiplyventures.com
- **LinkedIn:** https://www.linkedin.com/company/multiplyventures

## Regulatory record

- **Reports private funds:** No

## About

Multiply Ventures is a venture capital fund founded in 2019 in Bangalore, India. It invests in early-stage consumer technology companies targeting the Indian market. The firm has made 33 investments and 4 portfolio exits.

## Sectors

- FinTech
- Digital Health
- Consumer Tech
- EdTech
- Enterprise Software

## People

- Raveen Sastry — Founding Partner
- Bhushan Patil — Founding Partner
- Sanjay Ramakrishnan — Founding Partner

## Questions

### Who makes investment decisions at Multiply Ventures?

The three general partners — Raveen Sastry, Bhushan Patil and Sanjay Ramakrishnan — make investment decisions jointly. Each brings operating experience from senior roles at Myntra, Flipkart and FreeCharge. The firm operates as a tight partnership rather than a hierarchical model with a single managing partner.

### Which sectors does Multiply Ventures invest in explicitly?

Multiply invests in consumer technology across FinTech, Digital Health, EdTech, direct-to-consumer brands, and social commerce. The firm's thesis centers on Indian consumption infrastructure — services built for mobile-first, vernacular-first audiences in tier-2 and tier-3 cities. Enterprise software sits at the margin, primarily when linked to consumer distribution.

### How does Multiply Ventures source proprietary deal flow?

The founding partners source from their operating networks built at Myntra, Flipkart and FreeCharge, and from a growing portfolio-founder referral loop. Multiply runs a fellowship network and advisor community that surfaces early signals from product builders before formal fundraises. The firm does not operate a scout program and instead relies on concentrated partner-led outreach.

### Does Multiply Ventures participate in fund commitments or only direct deals?

Multiply invests almost exclusively via direct equity in operating companies. The firm occasionally co-invests alongside peer early-stage funds in India, including Blume Ventures and WaterBridge Ventures, but does not commit capital as a limited partner into other venture funds.

### Where is the underlying capital sourced from?

Multiply Ventures' investor base is not publicly disclosed in detail. The firm raised its first fund from Indian family offices, domestic institutions, and a small group of international limited partners, per the firm's own communications. The general partners do not deploy personal or family wealth as the primary capital base.

## Related profiles

- [Multiples Alternate Asset Management](https://altss.com/profile/multiples-alternate-asset-management)
- [Multiply Wealth Management](https://altss.com/profile/multiply-wealth-management)

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Last updated: 2026-06-03T20:00:00.000Z

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