JSW Ventures is an early-stage, tech-focused, venture capital fund based in Mumbai. It is headed by experienced professionals who firmly believe that technology has the potential to drive innovation and invention. We are enthusiastic about disruptive technological trends that can change the way businesses and customers consume products and services and interact with each other.
To make this possible, we collaborate with a select pool of high-quality entrepreneurial talent, who have the capacity to transform existing systems. We extend our partnership not just through capital, but through a commitment to build exceptional companies by developing growth strategies, improving financial functions, and providing access to the investor community and support from JSW Group’s extensive resources.
Innovative ideas need the right backing. At JSW Ventures, we believe in supporting entrepreneurs across diverse sectors and help fuel their development. Companies in SaaS
IoT etc. that are creating the next-generation products and solutions draw our interest.
Purplle.com is India’s leading destination for beauty and cosmetic products. Users can browse the latest beauty trends, makeup looks, beauty routines and get advice from beauty experts, leading to an enriching beauty buying experience.
Beauty and cosmetics are one of the highest margin categories in e-commerce. The company has built a highly capital efficient business in a couple of years. The team has a strong grasp of the industry and understand the key metrics of e-commerce. The company has created an Artificial Intelligence (AI) and Machine Learning (ML) led persona based discovery engine which is shaping the way users discover and buy products.
Purplle was founded by Manish Taneja, Rahul Dash & Suyash Katyayani in 2012
Indus OS is the world’s first regional mobile operating system and commands the 2nd highest market share of the Indian mobile OS market. Its ecosystem in regional languages is helping Indian mobile users come on the internet, discover services and content with ease. It also provides a strong channel for app developers to acquire and engage with hitherto inaccessible customers.
The team has built a simple and intuitive product for regional language user who is either upgrading from a feature phone or changing a smart phone. Deep integration of applications at OS level has enabled increased reach and engagement with a large customer base. With rise in adoption of smartphones pan – India, Indus OS is enabling smart phone manufacturers reach the untapped regional market.
Indus OS was founded by Rakesh Deshmukh, Akash Dongre and Sudheer B in 2013.
LimeTray provides SaaS based solutions for the food and beverage industry.
LimeTray offers a complete suite of products in online ordering, order management, marketing, feedback and analytics alongside additional integrations which help businesses in efficient management of operations, build online brand presence and engage effectively with their customers.
LimeTray was founded by Akhilesh Bali and Piyush Jain in 2013.
HomeLane is India’s leading online home interiors brand.
HomeLane brings design, functionality, aesthetics & cutting-edge technology together to give homeowners a stress-free, customized and efficient home designing process. Customers can interact with HomeLane's designers either in-store or online to collaboratively create designs for cost-effective & gorgeous rooms. HomeLane’s value proposition is solving the interior design problem with technology and predictable timelines, and offers an industry-first '45-day delivery or rent guarantee' for fit-outs.
HomeLane was founded by Srikanth Iyer, Rama Harinath, Prabhu Venkatesh, Vivek Parashuram and Srini Battula in 2014.
“Indus OS' vision to empower a billion Indian users with a smartphone ecosystem of their choice has received a huge boost by having JSW Ventures as our new investors. We are extremely excited to have JSW Ventures on board, who share our belief in technology that drives innovation to create the future. The team at JSW Ventures understand the challenges of start-ups and help entrepreneurs to accelerate the user growth. The JSW Ventures' team has continuously provided strategic guidance and on-ground support to help our business reach its true potential. It has been an absolute pleasure to work closely with their team so far, and I look forward to a long and fruitful association with them as we connect a billion smartphone users.”
Rakesh Deshmukh, Co-founder - Indus OS
In a career spanning over 15 years, Gaurav has passionately built businesses across banking, technology and investing. At JSW Ventures, he is leading the investments in technology and tech-enabled ventures across sectors of interest.
Gaurav actively manages Overcart, Purplle and Indus OS for JSW Ventures. He is an MBA from Indian School of Business.
Deependra is a startup enthusiast and an investor with experience in both listed and private investments. At JSW Ventures, he is investing in disruptive products & solutions enabled by technology.
Previously, he has worked with the investments arm of Bennett, Coleman & Co. Ltd., focusing on early-stage investments in consumption-centric themes across sectors. He has also advised large corporations on cross-border M&A and private equity fundraise while working with o3 Capital. He is inspired by Benjamin Graham's investment philosophy which he honed while investing in listed securities at Goldman Sachs Asset Management. Deependra has an MBA from MDI, Gurgaon
Kunal has been a founder at three startups across the food-tech, e-commerce & content syndication sectors and has 9 years of entrepreneurial experience in solving key challenges faced by growth focused startups. Prior to this, he worked at Deloitte Consulting advising global corporates in planning their technology infrastructure.
He is particularly interested in companies that are using emerging technologies to gain an upper-hand over competition and to solve key consumer issues.
Kunal has an Engineering degree from Northwestern University.