Pi Ventures

Pi Ventures is a prominent early-stage venture capital fund based in Bangalore, India, with a strong focus on deep technology and product-led companies. Established with a vision to back disruptive innovations emerging from India, the firm primarily invests in sectors such as Artificial Intelligence, Machine Learning, SaaS, blockchain, and spacetech. Their investment philosophy centers on identifying companies with robust technology foundations and the potential for global scalability, often targeting solutions that address complex problems through advanced algorithms and data science.

The firm adopts a hands-on approach, working closely with its portfolio companies from the seed to Series A stages. Pi Ventures seeks out strong founding teams with deep domain expertise and a clear product vision. They are known for providing not just capital but also strategic guidance, mentorship, and access to their extensive network, helping startups navigate the challenges of product development, market entry, and scaling operations. This collaborative model aims to accelerate the growth of their portfolio companies, enabling them to build sustainable and impactful businesses.

Pi Ventures has successfully raised multiple funds, demonstrating growing confidence from limited partners. Their first fund, Pi Ventures Fund I, closed at approximately $32 million (INR 225 crore) in 2018, marking their initial foray into the deep tech investment landscape. Building on this success, the firm recently closed its second fund, Pi Ventures Fund II, at an impressive $98 million (INR 800 crore) in 2022, which was notably oversubscribed. With this capital, Pi Ventures typically deploys initial cheques ranging from $500,000 to $3,000,000, targeting companies that are poised to redefine their respective industries through technological innovation.