RiSo Capital

Investment decisions are led by Founder & Managing Director Sri Purisai alongside General Partners Mahendra Jain, Maya Gadhvi, and Rampi Kandadai, all listed as partners on the firm's website. The firm does not disclose a separate investment committee structure. A team of four advisors — Ajeeth Enjeti, Ashima Malik, Deepak Kamlani, and Sudhakaran Ram — provides additional input.

Based on its disclosed portfolio of 18 direct company investments and its self-description as making early-stage, high-conviction bets, RiSo Capital appears to invest exclusively in direct deals. The firm does not mention any fund-of-funds activity or LP commitments to external managers on its website. Its stated approach — deep vetting over time and sustained engagement — is consistent with a direct-investment model.

RiSo Capital targets startups that have completed angel funding, built a core solution with one or more lead customers, and shown proof of recurring revenue. The firm describes this as the point when a company is ready to scale operations, revenue, and customer engagement — effectively post-seed and pre-growth. This bridges the gap between angel backing and larger institutional Series A/B rounds.

RiSo Capital does not publicly describe a co-investment program or syndication model alongside external GPs. Its self-portrayal emphasizes deep, conviction-led investing based on proprietary diligence through a network of incubators and experts — suggesting a largely independent decision-making process. No co-investors are named in any portfolio company descriptions.

The firm does not publish a formal exclusions list. Its stated focus — AI, Cloud & Big Data, IoT/Robotics/5G, Mobility & Cleantech, and B2B enterprise platforms — implies a strong preference for deep tech and enterprise infrastructure. Consumer-focused internet, social platforms, gaming, and direct-to-consumer brands are absent from the portfolio, with the notable exception of Zippee, a D2C delivery infrastructure play that is itself an enterprise solution.

RiSo Capital describes its deal sourcing as rooted in sustained engagement with a trusted network of incubators, accelerators, and domain experts across its target verticals and markets. The firm states that due diligence happens over time rather than in a transactional window, allowing it to track companies before they formally enter a fundraise. No details are provided about specific institutional sourcing partnerships.

The origin of RiSo Capital's capital is not publicly disclosed. The firm does not identify any underlying family wealth, institutional limited partners, or a parent entity on its website. Its four named partners, all with operating backgrounds, appear to be the principals.