Whiteboard Capital

Whiteboard Capital is an early-stage venture capital firm headquartered in Mumbai, India, established by Sandeep Tandon. The firm positions itself as a strategic partner for exceptional founders who are building disruptive businesses across various high-growth sectors within the Indian market. Since its inception, Whiteboard Capital has aimed to identify and nurture promising startups from their nascent stages, providing not just capital but also strategic guidance and access to a robust network.

The firm's investment mandate primarily targets companies at the Seed to Series A stages, indicating a strong preference for early-stage opportunities where they can significantly influence growth trajectories. Whiteboard Capital maintains a diversified sector focus, actively deploying capital into areas such as Consumer, Fintech, Software-as-a-Service (SaaS), Healthcare, and Deeptech. This broad approach allows them to capture innovation across multiple verticals. Their typical initial cheque size ranges from $500,000 to $5,000,000, reflecting their commitment to providing substantial early funding to help startups scale.

Whiteboard Capital has demonstrated a consistent ability to raise capital and expand its investment capacity. Notably, the firm announced the first close of its second fund at $30 million in April 2021, signaling increased firepower for its investment activities. With a portfolio that reportedly includes over 50 companies, Whiteboard Capital has built a significant presence in the Indian startup ecosystem. The firm emphasizes a hands-on approach, working closely with its portfolio companies to navigate challenges and accelerate their development, aiming for long-term value creation and successful exits.