Overview
CDM Capital is a distinguished venture capital firm founded in 2022, headquartering in Mumbai, India. With a primary focus on early-stage investments, CDM Capital aims to nurture startups and accompany them through their development phases. The firm particularly concentrates on the Fintech, Health-tech, and SaaS sectors, driven by the conviction that Indian entrepreneurs are poised to spearhead technological innovations in the 21st century.
Investment Philosophy and Approach
CDM Capital is renowned for fostering robust relationships with entrepreneurs by immersing them in a collaborative network. The investment strategy targets firms with evident market demand, potential for scale, comprehensive customer engagement, and innovative technology. The firm proactively assists startups in overcoming hurdles by leveraging an extensive advisors' network and aligning their ventures with a strategic vision aimed at long-term accomplishments.
Stage and Cheque Size
CDM Capital is currently dispensing investments through its inaugural fund, CDM Capital Fund 1, with a concentration on the pre-Series A stage. The firm endorses a versatile investment stance, willing to extend the initial cheque, lead, or co-invest alongside other firms. The typical investment quantum is capped at $1 million, with the capability to source supplementary funding through a wide network of Limited Partners (LPs).
Sectors of Focus
Although CDM Capital adopts a sector-agnostic investment strategy, it has a distinct inclination towards:
- Health Tech
- Fintech
- SaaS
Key Personnel
Leadership Team
Davesh Manocha leads the team as the Founder and Managing Partner, bringing over 15 years of global expertise in investments and mergers & acquisitions. Holding an MBA from the National University of Singapore, Davesh also serves as an angel investor and holds board memberships in [Card91](https://pitchbook.com/profiles/company/267913-76) and [CoinTribe](https://pitchbook.com/profiles/company/227199-27).
Ms. Vidhi Jain serves as the Vice President of Investments, with a rich background in investments and management consulting, and academic credentials from the Cranfield School of Management.
Shiven Khosla, as the Senior Analyst for Investments, has a history with Citi, a background in competitive chess, and holds a degree from SVKM's Narsee Monjee Institute of Management Studies.
Maya Thompson holds the pivotal role of Chief Financial Officer (CFO). She brings over 15 years of experience in the finance industry, including significant competence in investment banking and financial management. Maya graduated with a Master's in Finance from the London School of Economics and is an active member of the Association for Financial Professionals. Her leadership saw CDM Capital achieve a major acquisition valued over $500 million.
Advisory Team
The advisory unit comprises industry veterans like:
- Saurabh Devendra Singh
- Anuraag Srivastava
- Jayant Jha
- Shom Jagtiani
- Salil Bhargava
Their diverse industry expertise offers strategic mentorship to portfolio companies seeking sustained development and advancement.
Portfolio Highlights
CDM Capital's portfolio showcases Mylapay, an innovative payment processing tech-ecosystem, which amassed Rs 4.6 crore in a seed round led by CDM Capital.
Regulatory Structure
CDM Partners Advisors LLP administers CDM Capital Trust (CDM Capital Fund I), registered as a Category I AIF bearing the Registration Number - IN/AIF1/22-23/1165.
