Company Overview
Bedrock Ventures is a venture capital firm established in 2009, headquartered in Noida, India. The firm specializes in early-stage technology startups, focusing on sectors such as travel & leisure, healthcare, digital content, shared economy, blockchain, financial services, and fintech. It primarily targets seed-stage companies in North America and Europe, providing not only financial investments but also advisory services.
Leadership
Vivek Bihani serves as the Chief Executive Officer (CEO) of Bedrock Ventures. With over 25 years of experience in investing and entrepreneurship, Bihani has a rigorous background in engineering from BITS Pilani and an MBA from IIM Bangalore. His previous leadership roles at HealthScion and his current board positions at Insync Advisory Services Pvt Ltd. and Creative Polypack Ltd. further augment his expertise.
Investment Portfolio and Strategy
Bedrock Ventures focuses on early-stage investments primarily in technology-enabled startups, with a strategic interest in Consumer, Enterprise Applications, the Gig Economy, and the Travel and Hospitality sectors. Their investment approach emphasizes infusing capital and leveraging industry expertise to drive growth and scalability across their portfolio.
The firm manages the Innovative India Business Fund (IIBF), aiming for long-term capital appreciation. Its portfolio includes significant investments such as a $10 million Series A funding for V Resorts, highlighting its ability to foster innovative solutions. Bedrock Ventures seeks to create sustainable value, with notable exits like the sale of Bridge to Stripe, which yielded a 20x return.
Recent Developments
As of September 2024, Bedrock Ventures continues to show momentum in its investment activities. A notable recent investment includes participation in Series A funding for Bedrock Energy, a geothermal heating and cooling startup, securing $12 million to expand in Colorado and Utah. This involvement underscores the firm’s flexibility and strategic foresight in diversifying its investment portfolio.
Competitor Landscape
Bedrock Ventures operates in a competitive landscape with firms such as Aavishkaar Capital, Accel, and Blume Ventures.
- Aavishkaar Capital specializes in sustainable and impact investments, established in 2001 with a focus on micro-equity and microfinance initiatives in Asia.
- Accel is well-known for early-stage investments in tech companies and has supported enterprises like Facebook and Spotify.
- Blume Ventures provides pre-series A funding and mentoring to tech startups in India with a potential for global scalability.
Strategic Insights
For sustained competitive advantage, Bedrock Ventures focuses on tech-enabled services and digital transformation within its portfolio. Aligning with global investment trends in fintech and digital content is crucial for growth, while partnerships with disruptive tech firms can enhance strategic positioning.
Contact and Further Information
For more information on Bedrock Ventures and their investment strategies, visit their [LinkedIn profile](https://in.linkedin.com/company/bedrockventures) and their [website](http://www.bedrockventures.in). Additional insights are available on [Crunchbase](https://www.crunchbase.com/organization/bedrock-ventures) and [Tracxn](https://tracxn.com/d/venture-capital/bedrock-ventures/__wBJiuGPSfmJCEDt3x9wj_sKJp_6pVbrD9Bzq0ZuvtUM).
