Key Facts

US$ 40M
WBV – I including LP co-invest
15
Investments
US$ 125M
Portfolio’s total capital raised

US$ 600M
Partners’ prior investments as lead
30 yrs.
Partners’ prior investing experience

Why We Exist

We believe that institutional approach in early stage VC can help driven founders create products and services that help build the future. Our differentiated approach coupled with tailwinds of entrepreneurship in emerging markets like India is the recipe for creating Alpha for WaterBridge LP’s.

We founded WaterBridge Ventures in 2016 with a vision of creating a true venture catalyst for entrepreneurship. India had come off the peak of an aggressive funding cycle of consumer internet start-ups by traditional venture capital as well as non-traditional capital chasing growth, leading to many disappointing outcomes. Many rookie entrepreneurs and me-too avatars of global business models were finding hard to survive in a choked funding environment thereafter.

We could see bright spots in tech led disruption across sectors, regulatory tailwinds within the backdrop of the development of the Indian start-up ecosystem. $2 Trillion high growth Indian economy was getting fueled with mobile devices, young consumers, digital inflection points and entrepreneurial aspirations.

We are convinced that by 2030, India would see at-least US$ 200 Billion of value creation through US$ 50 Billion of growth investments in technology disruption. In this backdrop we raised WBV-I and have built a portfolio of promising consumer and enterprise businesses. We continue to build our franchise to realize our vision and we love what we do!

What We Do

We are early-stage VC’s. We enter in the Seed to Series A stage of a start-up and continue to invest in subsequent rounds of financing. We love to lead and sometimes also co-invest but if we don’t have a value-add construct, we prefer to stay away. We are currently investing in India or in businesses with a strong India angle. We look for tech as an exponential enabler in the businesses we invest in.

Deep value-add is our guiding principle and we catalyse a business in various unique ways.

We understand the value of networks. We connect the dots and provide opportunities for our portfolio across our wide network.

We are a sounding board for our founder partners. We recognise the solitude in entrepreneurship. We can brainstorm or strategize, and our unique quality is that we can play a peer or a mentor equally well.

We help in capacity building. Great team is quintessential to building a successful business and we assist founders in building their dream team.

We are good at pattern recognition. We can provide the missing links in the jigsaw puzzle of building a future-proof business.

Who We Are & Our Core Values

We are committed to leveraging our network of relationships, our expertise in the technology industry, and over four decades of experience of successful as well as failed investments to help entrepreneurs create lasting companies.

We back entrepreneurs’ dreams with a core philosophy that Founders come first. We can relate to their aspirations since we have ourselves been entrepreneurs. All the partners at WaterBridge have been entrepreneurs, operators in the technology world as well as fund managers in the past. That is a rare repertoire of experience in the VC asset class. Our background underlines our unique value proposition of high value-add, empathetic investment partnership model. We also understand portfolio construction very well and hence we don’t do spray-and-pray or follow voguish investment themes.

Entrepreneurs appreciate our approach because we are different. We have been around the world of investing a long time but we approach every discussion with humility with our learning hat constantly on. We like to be honest in our feedback and engagement. We believe that we are fortunate beings since we get to meet passionate entrepreneurs every day and learn about how they will change the status quo.

What We Seek In Our Portfolio

We back entrepreneurs that are solving big problems through tech disruption. It helps if they have an unfair advantage in disrupting large markets.

Driven and hungry founders is the most important aspect of our investment thesis. We believe passion can’t be taught and we prefer EQ over IQ. We back founders with a high opportunity cost of entrepreneurship.

We believe in entrepreneurs that are going after large markets with a strong product-market alignment. Narrowly focused products seldom succeed and we prefer high product-market fit above over-engineering.

We measure sustainable moat in all the ventures we evaluate because great businesses are not built in a flash. To build lasting value takes perseverance. We have a global view but evaluate businesses in the local context. Entrepreneurs who learn, pivot and exploit inflection points have a better chance of building sustainable moat.

Successful businesses have profitable unit economics. We believe that every business has a unique path to profitability and we don’t evaluate companies through a fixed lens.

Offices

New Delhi
Hotel Grand
1st Floor, Grand Plaza
Nelson Mandela Marg
Vasant Kunj
New Delhi – 110070

+91-11-49856378
+91-11-49856379

Bangalore
WeWorks
Prestige Atlanta
80 Feet Main Road
Koramangla
Bengaluru – 560034