Pavestone

Pavestone Technology Fund

Pavestone Technology Fund is our SEBI (Securities and Exchange Board of India) registered Alternate Investment Fund (AIF) with a target corpus of INR 9000 million (~$ 100 million). The fund is managed by an experienced management team with deep and diverse expertise in Enterprise and Deep Tech investing, building, and scaling products/platform companies. Our founding team also includes accomplished entrepreneurs. This enables us to support our portfolio firms with financial and experience capital in their growth journey.

Pavestone Technology Fund is our SEBI (Securities and Exchange Board of India) registered Alternate Investment Fund (AIF) with a target corpus of INR 9000 million (~$ 100 million). The fund is managed by an experienced management team with deep and diverse expertise in Enterprise and Deep Tech investing, building, and scaling products/platform companies. Our founding team also includes accomplished entrepreneurs. This enables us to support our portfolio firms with financial and experience capital, in their growth journey.

Our Investment Strategy

Our fund strategy is based on strong underlying secular trends that drive changing business models and customer behaviour such as:

Digitalization

Environment, Social, and Governance (ESG)

Global Supply chain realignment and Make in India (Atmanirbhar Bharat) 

These changes are often driven by exponential shifts in the areas of :

Applied and Generative AI

Cloud Computing

Advanced Connectivity

Immersive reality

Cutting-edge engineering including – Mobility, Material Science, Bioengineering, and Space

Our investments are guided by the understanding of these trends and technological developments

Our Investment Approach

The primary focus of our fund is early growth-stage firms that solve problems of large enterprises, both public and private, in the B2B space. Typically, these firms have established product-market fit and demonstrable market success, with ~1M in annual recurring revenue and key anchor clients. They are looking for capital infusion to expand rapidly to $15M to $20M revenue in about five years.  Our fund makes a few selective investments in early-stage firms working on frontier / advanced technologies i.e. based on substantial scientific or engineering innovation.

Looking for an investment?

Portfolio Selectivity and Support

Our investments are guided by a deep understanding of these trends and technological developments. The fund differentiates itself by providing its portfolio firms with support and expertise to scale and execute faster, working alongside their founders as needed. The management team, its extended and deep network and in-house Subject Matter Experts have the knowledge and network to support portfolio firms. With a culture of rigorous analysis and risk management, we focus on impeccable governance for our investors’ best interests.

Looking to invest?