Eight Roads Ventures Promotes Ashish Venkataramani To Partner
- ByStartupStory | July 9, 2021
Eight Roads Ventures, part of Fidelity-backed global investment firm, announced that it has promoted Ashish Venkataramani as Partner, effective 1 July 2021. In January 2021, the firm announced Aditya Systla’s promotion to Partner. Ashish will be the fifth Partner in India and will continue to support investments in healthcare while mentoring and providing leadership to the investment team. Since 2007, Eight Roads Ventures has been investing in India with an aim to focus on healthcare, technology, consumer and financial services. The fund backs founders of early growth and growth stage companies.
With $1 billion under management, Eight Roads Ventures claims to be one of the few investment firms in India with specialized sector focused teams in technology and healthcare. In 2021, the firm has already made 20 investments, including adding new companies to its portfolio namely Quizizz, OZiva, Proximie, and Zomentum. It counts the likes of Laurus Labs, PharmEasy, Icertis, Cipla Health, Shadowfax, Whatfix, Northern Arc Capital amongst its portfolio companies. Raj Dugar, Managing Partner, Eight Roads Ventures India, said, “We are delighted to welcome Ashish to the India leadership team as Partner. As we continue to build our portfolio, a key priority for us is to have the right talent in place to support and mentor our portfolio and teams. His experience and network in the industry as an operator is invaluable as we strengthen the franchise in India.”