# Peaceful Progress

Peaceful Progress is a Private Equity based in Chennai, India.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Chennai, India
- **Region:** Asia
- **Address:** Chennai, India
- **Founded:** 2022
- **Assets under management:** Undisclosed
- **Website:** www.peacefulprogress.in
- **LinkedIn:** https://www.linkedin.com/company/peaceful-progress

## Regulatory record

- **Reports private funds:** No

## About

Peaceful Progress is a SEBI Registered (AIF CAT -1) Angel Fund investing in early-stage technology-led and consumer businesses. It backs visionary entrepreneurs and world-class ideas, preferring Seed to Pre-Series A investments with ticket sizes of INR 1 Cr to INR 3 Cr. The firm takes a meticulous, data-driven approach and often co-invests with early-stage VCs, micro VCs, and angel platforms.

## Sectors

- AI/ML
- Mobility & Transportation
- AgriTech & FoodTech
- Enterprise Software
- Digital Health
- Consumer Goods
- FinTech
- EdTech
- ClimateTech
- Robotics & Automation

## People

- Chandrashekar Kupperi — General Partner
- Kamal Agarwal — General Partner
- Sitaraman Parthasarathy — General Partner
- Srinivasan Arunachalam — General Partner

## Questions

### Who runs investment decisions at Peaceful Progress?

The four general partners — Chandrashekar Kupperi, Kamal Agarwal, Sitaraman Parthasarathy, and Srinivasan Arunachalam — form the investment committee. Kupperi brings M&A leadership experience from ExxonMobil and KPMG. Agarwal contributes FMCG operating knowledge from ITC, Cadbury, and Ferrero. Parthasarathy adds engineering-services and Middle East market access via his role as co-founder of ImageGrafix. Arunachalam provides financial-services technology perspective from executive roles at Oracle and Wipro.

### How does Peaceful Progress source proprietary deal flow?

The firm sources deals from a network of ecosystem partners that includes accelerators, legal firms, and investment banks. Its general partners' individual track records — over 30 angel investments by Kupperi alone, plus Arunachalam's advisory relationships with startups expanding outside India — produce a referral funnel that feeds the screening committee. Peaceful Progress describes its sourcing as relationship-led rather than inbound-marketing driven.

### Does Peaceful Progress participate in fund commitments or only direct deals?

The firm invests directly in startups and co-invests alongside other angel investors and funds. It does not disclose making fund-of-funds commitments or LP investments in other venture funds. Its stated model is direct equity in revenue-generating, early-stage companies.

### What is Peaceful Progress's known posture on co-investments alongside external GPs?

Peaceful Progress actively co-invests and has listed KPMG among the institutional names it has partnered with on deals. It seeks alignment with other angel investors and funds that share its conviction in a particular founder or sector, though it does not publicly disclose a formal co-investment vehicle or club structure.

## Related profiles

- [pd ventures](https://altss.com/profile/pd-ventures)
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Last updated: 2026-08-11T15:07:41.444Z

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