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PremjiInvest

Asia, Karnataka, India, Bangalore

Description

PremjiInvest is the private investment office of Azim Premji, the founder of Wipro Limited, one of India's leading IT services companies. Established to manage Premji's personal wealth and philanthropic endowments, the firm operates as a multi-family office with a sophisticated and diversified investment strategy. It deploys capital across public equities, private equity, and venture capital, with a significant focus on both Indian and global markets, particularly the United States. The firm is known for its patient, long-term capital approach, seeking to partner with companies that demonstrate strong fundamentals and sustainable growth potential.

The firm's investment mandate spans various stages, though it primarily focuses on growth equity and late-stage venture capital opportunities within the private markets. PremjiInvest targets sectors such as technology, consumer, financial services, and healthcare, identifying businesses that are poised for significant scale and market leadership. With an estimated asset under management (AUM) exceeding $10 billion, PremjiInvest has the capacity to make substantial commitments, often participating in large funding rounds that can range from tens of millions to hundreds of millions of dollars.

In the venture and growth equity space, PremjiInvest typically deploys first cheques ranging from $20 million to $100 million, reflecting its preference for more mature, revenue-generating companies rather than early-stage startups. Notable investments include significant stakes in prominent Indian companies like FirstCry, Dailyhunt, and Lenskart, underscoring its role as a key institutional investor in India's burgeoning digital economy. Beyond India, the firm also actively seeks opportunities in global markets, leveraging its deep industry insights and extensive network to support portfolio companies' expansion and strategic objectives. Its disciplined investment philosophy and substantial capital base position PremjiInvest as a formidable and influential player in the global investment landscape.

Investor Profile

PremjiInvest has backed more than 79 startups, with 18 new investments in the last 12 months alone. The firm has led 35 rounds, about 44% of its total and boasts 23 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series C, Series B, Series E rounds (top funding stages).
  • Majority of deals are located in United States, India, France.
  • Strong thematic focus on Artificial Intelligence (AI), Information Technology, Financial Services.
  • Led 5 rounds in the past year.
  • Typical check size: $20M – $100M.

Stage Focus

  • Series C (22%)
  • Series B (15%)
  • Series E (13%)
  • Series D (11%)
  • Series F (10%)
  • Series A (8%)
  • Series Unknown (6%)
  • Series G (5%)
  • Post Ipo Secondary (4%)
  • Private Equity (3%)

Country Focus

  • United States (63%)
  • India (35%)
  • France (1%)

Industry Focus

  • Artificial Intelligence (Ai)
  • Information Technology
  • Financial Services
  • Saas
  • E-commerce
  • Software
  • Fintech
  • Health Care
  • Enterprise Software
  • Finance
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does PremjiInvest frequently co-invest with?

Bain Capital Ventures
North America, California, United States, San Francisco
Co-Investments: 5
General Catalyst
North America, Massachusetts, United States, Cambridge
Co-Investments: 7
Arkam Ventures
Asia, Karnataka, India, Bangalore
Co-Investments: 5
SoftBank Vision Fund
Europe, England, United Kingdom, London
Co-Investments: 5
Meritech Capital Partners
North America, California, United States, Palo Alto
Co-Investments: 6
BlackRock
North America, New York, United States, New York
Co-Investments: 5
F-Prime Capital
North America, Massachusetts, United States, Cambridge
Co-Investments: 6
Accel
North America, California, United States, Palo Alto
Co-Investments: 7
DFJ Growth
North America, California, United States, Menlo Park
Co-Investments: 7
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 8

Which angels does PremjiInvest often collaborate with?

LW
North America, Washington, United States, Seattle
Shared Deals: 3
SJ
North America, California, United States, San Francisco
Shared Deals: 1
FB
North America, Ohio, United States, Columbus
Shared Deals: 1
MB
North America, California, United States, San Francisco
Shared Deals: 1
US
North America, Maryland, United States, Laurel
Shared Deals: 1
Dave Duffield
North America, United States
Shared Deals: 1
GM
North America, California, United States, Burlingame
Shared Deals: 1
Vivi Nevo
Asia, Tel Aviv, Israel, Tel Aviv
Shared Deals: 2
RM
North America, New York, United States, New York
Shared Deals: 2
AK
North America, California, United States, Los Angeles
Shared Deals: 1

What are some of recent deals done by PremjiInvest?

dezerv.

Mumbai, Maharashtra, India

Deserv offers an integrated portfolio approach to investment, providing higher returns with lower risk.

Financial ServicesFinTechWealth Management
Series COct 13, 2025
Amount Raised: $39,440,008
EvenUp

San Francisco, California, United States

EvenUp is a legal tech company developing AI software that automates the preparation of legal demand packages for personal injury cases.

Artificial Intelligence (AI)FinTechLegalLegal TechSoftware
Series EOct 7, 2025
Amount Raised: $150,000,000
Star Health and Allied Insurance

Nungambakkam, Tamil Nadu, India

Star Health and Allied Insurance provides affordable Medical Insurance, Accident Insurance, Travel Insurance Plans.

Health CareHealth InsuranceInsurance
Post Ipo SecondarySep 17, 2025
Amount Raised: $34,070,381
Baseten

San Francisco, California, United States

Baseten is an AI infrastructure company that integrates machine learning into business operations, production, and processes.

Artificial Intelligence (AI)Developer ToolsMachine LearningSoftwareSoftware Engineering
Series DSep 5, 2025
Amount Raised: $150,000,000
Enveda Biosciences

Boulder, Colorado, United States

Enveda Biosciences is a biotechnology company that develops novel medications derived from plants.

BiotechnologyPharmaceuticalTherapeutics
Series DSep 4, 2025
Amount Raised: $150,000,000
Weaver Services

Mumbai, Maharashtra, India

Weaver Services is a housing finance company that provides solutions for the affordable housing.

FinanceFinancial ServicesFinTechSoftware
Series UnknownAug 19, 2025
Amount Raised: $170,000,000
GIVA

Bangalore, Karnataka, India

GIVA is an online jewelry company that sells silver, gold, and lab-grown diamond product.

E-CommerceFashionJewelryLifestyle
Series CJun 25, 2025
Amount Raised: $61,671,457
Applied Intuition

Mountain View, California, United States

Applied Intuition provides software infrastructure to safely develop, test, and deploy autonomous vehicles
 at scale.

Artificial Intelligence (AI)Autonomous VehiclesEnterprise SoftwareInfrastructureSoftware
Series FJun 17, 2025
Amount Raised: $600,000,000
Indegene

Princeton, New Jersey, United States

Indegene enables global health care organizations address complex challenges and drive better health and business outcomes.

Health CareInformation Technology
Post Ipo SecondaryJun 4, 2025
Amount Raised: $168,445,705
PNB Housing Finance

New Delhi, Delhi, India

PNBHFL is India's home loan provider from last 25 years offering home loans at fixed & flexible rate of Interest.

BankingFinanceFinancial ServicesResidential
Post Ipo SecondaryMay 2, 2025
Amount Raised: $320,451,847