Sanjay Ramakrishnan
Founder & General Partner at Multiply Ventures
· India
Check size
Not publicly disclosed
Lead stage
Pre-Series A
Deals tracked
11
Sectors
New Retail, FinTech
New Retail
FinTech
EdTech
Consumer tech
Fintech
Health
Pre-Series A
Series A
Pre-seed
Seed
India
Bengaluru, India
About Sanjay
Sanjay Ramakrishnan is a business executive turned early-stage investor and founder of Multiply Ventures, a thesis-driven VC fund focused on India. With 20 years of corporate experience in commercial leadership, marketing, and people management—including roles at Google India and Intel South Asia—he brings operational expertise to early-stage investing. He focuses on Consumer Tech, Fintech, Healthcare, and Agri-tech, with particular strength in go-to-market strategy and business development
Investment thesis
Early-stage, thesis-driven investing in India's consumer opportunity.
Multiply Ventures is an early-stage, thesis-driven venture capital firm focused on India's consumer opportunity. The fund invests primarily in Pre-Series A to Series A stage startups across new retail, fintech, and edtech sectors. The firm leverages the deep operational and investment experience of its founders—who have spent two decades at major Indian and Chinese startups like Flipkart, Myntra, Alibaba, and Paytm—to provide capital, expertise, and ecosystem access to founding teams
Investment philosophy
Multiply Ventures describes its mission as being the first institutional investor in strong founding teams and actively supporting them toward product-market fit. Sanjay Ramakrishnan's profile emphasizes 0-to-1 company building, consumer relationships, and investing with a "Made for India" approach.
Investment focus
Early-stage, thesis-driven investing across Consumer Tech, Fintech, Healthcare, and Agri-tech in India. Ramakrishnan leverages deep GTM expertise in consumption patterns, distribution, pricing, and strategic partnerships to support portfolio companies
Areas of expertise
Recent activity
Live platform data · proprietary, citable layer
Notable portfolio
Open
Mfine
Mad Street Den
Gramophone
Myntra
Flipkart
mFine
Notable deals
MYDESIGNATION.com – Expressive fashion and lifestyle brand (Seed, 2025)
Frequently asked
Does Sanjay Ramakrishnan invest at Pre-Series A stage?
Yes. They invest at Pre-Series A, Series A, Pre-seed stage.
Their geographic focus includes India, Bengaluru, India.
What is their typical check size?
Sanjay Ramakrishnan's typical check size is Not publicly disclosed.
They currently invest through Multiply Ventures.
What sectors does Sanjay Ramakrishnan focus on?
Sanjay Ramakrishnan primarily invests in New Retail, FinTech, EdTech, Consumer tech.
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