Thirteen Initiatives LLP is a Limited Liability Partnership firm incorporated on February 11, 2020, and registered at the Registrar of Companies in Mumbai, India. The firm operates within the real estate, renting, and business activities sector. Its total obligation of contribution is ₹100,000. The designated partners include Ranjit Chhotubhai Naik, Khushal Jayantilal Limbad, Pankajkumar Maganlal Bavisi, Kaushik Kiritkumar Desai, Nimit Jayesh Bavishi, and Kripa Jatin Thakkar.
The firm focuses on investments in early-stage businesses and offers advisory services, primarily catering to the financial services, real estate, and technology sectors.
As of the latest available data, Thirteen Initiatives LLP has not publicly disclosed specific financial information, including funding history, revenue, or profit figures. The firm's total obligation of contribution stands at ₹100,000.
Thirteen Initiatives LLP's investment strategy includes a diverse portfolio across various industries. Notable investments include:
- BluSmart Mobility: Participated in a seed round in September 2020, raising $7 million.
- Playo: Engaged in a Series A funding round in October 2021.
- Vidyakul: Invested during a seed round in September 2021.
- Hesa: Contributed to a seed round in July 2021.
- AjnaLens: Participated in a seed round in August 2020.
- The Hosteller: Engaged in a pre-seed round in September 2020.
- Monafa: Invested during a pre-seed round in April 2022.
These investments reflect the firm's commitment to supporting innovative startups in sectors such as mobility, education technology, and hospitality.
Thirteen Initiatives LLP leverages its expertise in financial services, real estate, and technology to identify and support promising early-stage companies. The firm emphasizes a focused investment approach, backing a limited number of companies at a given time to ensure dedicated support and strategic guidance.
The leadership team comprises experienced professionals with diverse backgrounds:
- Ranjit Chhotubhai Naik: Designated Partner since February 11, 2020.
- Khushal Jayantilal Limbad: Designated Partner since February 11, 2020.
- Pankajkumar Maganlal Bavisi: Partner since February 11, 2020.
- Kaushik Kiritkumar Desai: Partner since February 11, 2020.
- Nimit Jayesh Bavishi: Designated Partner since February 11, 2020.
- Kripa Jatin Thakkar: Designated Partner since February 11, 2020.
These individuals bring a wealth of experience in investment, advisory services, and sector-specific expertise, contributing to the firm's strategic direction and operational success.
As of June 19, 2023, Kripa Jatin Thakkar ceased to be a partner in Thirteen Initiatives LLP.
Thirteen Initiatives LLP operates in a competitive investment landscape, focusing on early-stage companies in the financial services, real estate, and technology sectors. The firm differentiates itself through a concentrated investment strategy, limiting active investments to 13 companies at a time to ensure focused support and strategic guidance.
The firm has established strategic collaborations with various startups, providing not only capital but also advisory services to foster growth and innovation. These partnerships enhance the firm's market position and contribute to the success of its portfolio companies.
Thirteen Initiatives LLP's focused investment approach and commitment to supporting early-stage companies position it well for future growth. By leveraging its expertise and strategic partnerships, the firm aims to continue identifying and nurturing innovative startups, contributing to the advancement of the financial services, real estate, and technology sectors.
For more information, visit the firm's website at thirteen-initiatives.com.
