3one4 Capital

India's shift in household savings towards equities and mutual funds signals a structural change in investment behaviour. This financialisation is driving long-term equity market growth and reducing reliance on traditional assets. Pranav Pai (Partner) looks at India’s consistent outperformance in emerging markets - underpinned by strong corporate earnings, governance, and domestic liquidity. Record-high profitability has sparked a new capex cycle, enabling businesses to reinvest and scale sustainably. Pranav believes that, beyond the hype, India's rising innovation capacity, stable policy environment, and sustained capital formation represent a real market shift that will be key drivers of future growth. With these foundations in place, he sees India on track to become a $20 trillion economy by 2050. Detailed read on our blog: https://lnkd.in/dm5RqbDR

There’s been a global buzz around BYD’s 1MW charging, but Exponent Energy is already making it happen - right here in India. Their soon-to-launch 1MW charging solution can power a bus in just 15 minutes - not using proprietary cells, but off-the-shelf batteries, making it 10X more accessible and scalable. For a country still building its cell manufacturing base, this matters. It ensures our EV ambitions don’t stall waiting for cell supply to catch up. Exponent’s approach is pure engineering ingenuity - building scalable, real-world solutions that work with today’s constraints while paving the way for the future. This is how India leapfrogs - owning the entire EV stack from battery integration to charging infrastructure, not just assembling parts. We missed that chance with ICE. We can’t afford to miss it again with EVs. This is what building for India looks like - tech that’s built for our realities, ready to scale, and pushing the frontier. The EV future isn’t arriving - it’s being built right here. Arun Vinayak | Sanjay Byalal Jagannath #EV #ElectricVehicles #climatetech #greenmobility

Nitya Agarwal (VP) will serve on the jury at Winpe’s Leadership Summit & Awards 2025 tomorrow. As part of the Pitching Clinic for Young Women Entrepreneurs, Nitya will join fellow investors to provide constructive feedback and actionable insights to founders refining their pitches. The session is designed to empower entrepreneurs with practical advice on fundraising, pitch clarity, and investor expectations. 

Ashwini Thulsaram (Principal) will be speaking tomorrow at the Winpe Leadership Summit & Awards 2025 - a platform that brings together leaders shaping the future of private equity and venture capital in India. Ashwini will join the panel to discuss “Responsible Investing: Sustainability and Diversity in PEVC”. The conversation will explore how the industry can integrate ESG principles, drive measurable impact, and create value through diverse leadership and inclusive practices.

I vividly remember the early conversations that Akshay Sharma hosted with Salil Srivastava and Sachin Santhosh as we shared notes from our research on the many emerging opportunities for an IP-led, R&D-driven full-stack approach to taking Indian chemicals manufacturing global. Even then, it was clear that they were tackling a significant and increasingly critical challenge in the global supply chain. Since our seed stage partnership to today, what they have delivered in less than two years has been impossible to project and incredible to witness! The $850 billion specialty chemicals market is undergoing a significant transformation, and India is rapidly emerging as a global powerhouse in this sector. With its cost-effective production, deep R&D capabilities, and supportive government policies, the stage is set for India to compete globally. Scimplify is at the forefront of this shift by building a next-generation chemicals supply chain with an end-to-end, globally oriented, tech-driven manufacturing platform. ✅ Pioneering R&D to develop innovative chemistries and IP, tackling critical supply chain challenges. ✅ Offering specialized, made-to-order chemicals with precise control over process, purity, and scale. ✅ Empowering SMEs and midsize manufacturers with cutting-edge expertise and alternative formulations. Already exporting to over 16 countries and establishing a strong presence in the US, Europe, and Japan, Scimplify is delivering reliability, flexibility, and efficiency in today's complex global landscape. 🌏 At 3one4 Capital, we're incredibly excited to support Scimplify's successful $40 Million Series B round, led by Accel and Bertelsmann India, with our continued participation alongside our friends at Universal Materials Incubator Co., Ltd., Omnivore, and BEENEXT! 💰 From Day 0, Salil, Sachin, and the entire Scimplify team have worked to demonstrate that relentless execution and science-led innovation can transform specialty chemicals manufacturing in India. We are incredibly proud to be their partners as they build India's next global chemicals powerhouse. 🚀

Dozee features as a case study on IIMA Ventures! Scaling a tech-driven startup is more than just meeting market demand - it’s about staying ahead of rapid technological shifts while ensuring real-world impact. Dozee, a pioneer in contactless health monitoring, is doing just that, transforming patient care with AI-powered solutions. The study is an invaluable resource for founders, investors, and educators exploring the realities of scaling frontier technology. Read: https://lnkd.in/d6DX5JiJ

3one4 Capital’s Fund I DPI Milestone: Amongst The First Indian VC Firms to Achieve Fund-Returning DPI on a 7-Year Cycle 🌟 In 2016, 3one4 Capital launched Fund I with a conviction-led, research-driven thesis - investing in India’s startup ecosystem with a disciplined, operator-first approach. Today, we are proud to announce that Fund I has achieved a +1.0 DPI within 7 years of its final close, fully returning principal capital to investors while remaining on track for an additional 4x multiple on unrealised value. This milestone places 3one4 Capital among the first Indian VC firms to deliver full capital returns within a standard venture cycle while consistently outperforming industry benchmarks:  ✅ +1.0 DPI within 7 years  ✅ Top-quartile TVPI and Net IRR  ✅ Unrealized returns tracking toward a 4x multiple A Portfolio of Proven Market Leaders ⚡ Fund I was launched when exits were rare, institutional capital was limited, and scaling from seed to liquidity was uncharted. 3one4 Capital backed companies that would drive India’s next phase of economic transformation - focusing on SaaS, fintech, consumer platforms, and deep tech. The fund has delivered multiple high-value exits through IPOs, M&A, and late-stage equity sales, including:  🚀 Darwinbox – Exited at 58.07x MOIC, 65.08% IRR through a $140M investment from Partners Group and KKR  🚀 Tracxn – IPO on NSE & BSE, achieving a $98.3M market cap at listing  🚀 Licious – India’s first D2C unicorn, transforming the food supply chain  🚀 Bugworks – Pioneering global biotech innovation in next-gen antibiotics and oncology Fund I Impact 🚀 For every $1 invested, Fund I’s portfolio has raised $67 in follow-on equity, securing $898M in total follow-on funding. The portfolio includes:  ✅ 2 Unicorns (Licious, Darwinbox)  ✅ 1 IPO  ✅ 6 M&A exits  ✅ 11 profitable exits, with 4 more in progress These outcomes validate our high-conviction, structured investment strategy—studying markets deeply, identifying potential in teams early, scaling companies with sectoral depth and operational expertise, and driving high-quality exits. This milestone is not the culmination of our journey—it is a reflection of what we have built and a preview of what’s to come. As India expands towards $10 trillion in GDP and beyond, the next decade will continue to see the country’s innovation ecosystem mature and play a larger role in democratising prosperity for its citizens. The future is not something that happens to us; it’s something we actively create. We are excited to play a role in shaping this future. Pranav Pai | Siddarth Pai | Anurag Ramdasan | Nruthya Madappa

3one4 Capital celebrates its annual Pi Day on 3/14 (March 14), an ode to the mathematical constant that's at the heart of our identity. Pi Day at 3one4 Capital symbolises our commitment to the infinite possibilities of innovation and growth. To mark the day, we’re hosting the 3one4 Summit 2025, our annual investor meet. The 3one4 Summit is an exclusive annual gathering designed to enhance the synergy among our community of LPs, partners, and founders. This edition of the 3one4 Summit unites industry leaders and generational institutions to dissect India's dynamic startup scene, uncovering global capital flows, innovation hotspots, and the vast opportunities ripe for disruption. The summit not only celebrates our collective journey towards innovation but also solidifies our commitment to fostering a vibrant ecosystem where visionary ideas can flourish. #3one4Summit2025 Siddarth Pai | Pranav Pai | Anurag Ramdasan | Nruthya Madappa | Ashwini Thulsaram | Richard Pinto | Ida Boitlung | Ayushi Garg | Nitya Agarwal | Sonal Saldanha | Akshay Sharma | Monica Umesh | Abhilash A | Mahek Imran

We’re thrilled to share that Scimplify, a full-stack specialty chemicals platform, has raised $40M in Series B funding led by Accel and Bertelsmann India Investments with participation from UMI and existing investors - 3one4 Capital and Omnivore. 3one4 Capital, having led the seed round and participated in Series A, is proud to deepen its commitment to Scimplify’s science-first ethos and technology-driven execution. With exports to 16+ countries and a growing footprint across the US, Europe, and Japan, Scimplify is building a next-generation chemical supply network that delivers speed, flexibility, and cost advantages in a rapidly evolving geopolitical landscape. The fresh capital will accelerate its global expansion, extending its reach beyond existing markets while deepening its presence in high-impact sectors such as life sciences, crop sciences, and industrial chemicals. We’ve backed Scimplify from Day 0, leading their seed round, doubling down in Series A, and now reinforcing our conviction in their category-defining vision with Series B. We’re proud to support Salil Srivastava, Sachin Santhosh, and the team as they build India’s next global chemistry powerhouse.

Shaping the Future of VC & PE in India – Key Takeaways from IVCA Circles 2024! Had the privilege of attending the IVCA (Indian Venture and Alternate Capital Association) Circles event on March 6th in Bengaluru—an exclusive gathering of 100+ VCs, Family Offices, CVCs, select founders, and regulators for an evening filled with insightful discussions and meaningful connections. As the apex industry body for PE, VC, and alternative investments in India, IVCA is playing a crucial role in shaping the industry’s future. The event dived deep into challenges facing micro VCs, evolving regulatory expectations, governance enhancements, and the shifting investment landscape. It was great to engage with and learn from some of the industry’s leading minds, including Siddarth Pai, Rajiv Raghunandan, Vardaan Ahluwalia; Nandini Pathak; Abhishek Agarwal, Anil Joshi; Namita Dalmia, Anubhav Srivastava, Aditya Hans, Sunitha Prasad, Rajeev Kalambi, Uday Sinha and many others. With the VC-PE industry in India poised for exponential growth in the next decade, it will be exciting to see how IVCA continues to drive collaboration among key stakeholders. What are your thoughts on the evolving investment landscape in India? #VCPE #MicroVC #Fundraise #Investing #PrivateEquity #VentureCapital Pics courtesy- IVCA