Pavestone

Pavestone Technology Fund

A SEBI registered AIF

CONTEXT

The exponential growth of technological innovation and adaptation across the globe has led to changing business models and customer behaviour. The growing Indian economy, combined with several start-up-friendly initiatives by the Indian Government, has enabled companies to build locally and sell in India and globally.

This, along with other favourable tailwinds, has created an opportunity for companies to provide innovative Enterprise-Grade products and solutions in the large B2B space.

We have set up the Pavestone Technology Fund to discover and invest in such firms and offer our investors a unique opportunity to participate in their growth journey.

The Team

Our management team brings decades of experience across technology, venture capital, and strategic growth. Our founding team also includes accomplished entrepreneurs.

Investment Approach

Our investment approach is finely calibrated to minimize risk and maximise returns considering the strengths of the management team, sector potential, portfolio selectivity and support, and application of timeless investing principles – rigorous analysis, risk management, and impeccable governance.

Portfolio Selectivity & Support

We look to partner with a limited number of early growth-stage (B2B, Sector Agnostic, Enterprise Platforms / Products) companies that solve critical challenges for large public and private enterprises. These companies have validated market traction, established product-market fit, and partnerships with anchor clients. Our typical investment is in the range of $5M to $10M.

Additionally, we selectively invest in early-stage (Seed / Early-Stage startups (Sector Agnostic, Cutting Edge scientific or engineering innovation) companies targeting significant breakthroughs in enterprise solutions.  Our typical investment is in the range of $1M to $2M.

We understand that building real-world value is a journey that requires a long-term outlook and commitment. We work alongside these committed innovators as needed, providing them with financial and “experience” capital—Smart Capital.

We look to partner with a limited number of early growth-stage (B2B, Sector Agnostic, Enterprise Platforms / Products) companies that solve critical challenges for large public and private enterprises. These companies have validated market traction, established product-market fit, and partnerships with anchor clients. Our typical investment is in the range of $5M to $10M.

Additionally, we selectively invest in early-stage (Seed / Early-Stage startups (Sector Agnostic, Cutting Edge scientific or engineering innovation) companies targeting significant breakthroughs in enterprise solutions.  Our typical investment is in the range of $1M to $2M.

We understand that building real-world value is a journey that requires a long-term outlook and commitment. We work alongside these committed innovators as needed, providing them with financial and “experience” capital—Smart Capital.

We look to partner with a limited number of early growth-stage (B2B, Sector Agnostic, Enterprise Platforms / Products) companies that solve critical challenges for large public and private enterprises. These companies have validated market traction, established product-market fit, and partnerships with anchor clients. Our typical investment is in the range of $5M to $10M.

Additionally, we selectively invest in early-stage (Seed / Early-Stage startups (Sector Agnostic, Cutting Edge scientific or engineering innovation) companies targeting significant breakthroughs in enterprise solutions.  Our typical investment is in the range of $1M to $2M.

We understand that building real-world value is a journey that requires a long-term outlook and commitment. We work alongside these committed innovators as needed, providing them with financial and “experience” capital—Smart Capital.

Investment Thesis

Our fund strategy is based on a sound understanding of secular trends that drive changes in business models and customer behaviour. These changes are often driven by exponential shifts in the use and development of technology.

We invest in businesses that are well poised to leverage these secular trends and changing technological landscape; thus, creating real-world value.

Our investments are guided by an understanding of the following trends and technological developments.

Secular Trends

Digitalization & API Economy

Automated, Autonomous, Self-learning, and Hyper personalized

Environment, Social, Governance

Renewables, Electrification, and Climate tech

Global Supply chain realignment

Resilience, Agility, and Sustainability

Atmanirbhar Bharat

Make in India

Shifts in Technology

Artificial Intelligence

Applied AI, Generative AI, and Machine Learning

Compute & Connectivity

Cloud & Edge, Advanced Connectivity, and Immersive Reality

Digital Future

Web 3, Next-Gen Software Computing, and Trust Architecture

Cutting-edge engineering including

Mobility, Material Science, Bioengineering, and Space

Secular Trends

Digitalization & API Economy

Digitalization & API Economy

Automated, Autonomous, Self-learning, and Hyper personalized

Digitalization & API Economy

Digitalization & API Economy

Automated, Autonomous, Self-learning, and Hyper personalized

Digitalization & API Economy

Digitalization & API Economy

Automated, Autonomous, Self-learning, and Hyper personalized

Digitalization & API Economy

Digitalization & API Economy

Automated, Autonomous, Self-learning, and Hyper personalized

Shifts in Technology

Artificial Intelligence

Applied AI, Generative AI, and Machine Learning

Compute & Connectivity

Cloud & Edge, Advanced Connectivity, and Immersive Reality

Digital Future

Web 3, Next-Gen Software Computing, and Trust Architecture

Cutting-edge engineering including

Mobility, Material Science, Bioengineering, and Space