Mohandas Pai Overview

  • Investor Type
  • Angel

  • Investments
  • 53

  • Portfolio
  • 24

  • Exits
  • 21

Exits

Mohandas Pai General Information

Description

Mr. Mohandas Pai serves as Board Member at Byju's. Mr. Pai is a Co-Founder and serves as Partner at Aarin Capital Partners. He serves as Advisor & Investment Committee Member at Saha Fund. He is a Co-Founder & Advisor at Exfinity Venture Partners. He serves as an Board of Advisors at OAKS Asset Management. He also serves as Chairman and Board Member at Manipal Education and Medical Group. Until June 2011, he served as a partner at The habit fund. He served as Advisory Board Member at Gingercrush. He serves as Advisor at Ideaspring Capital. He was Elevate Innovation Partners a Member of the Board of Directors of Infosys and the Head of Administration, Education and Research, at the National Stock Exchange of India, FinacleSM, Human Resources and the Infosys Leadership Institute. He also served as Investment Committee Member at 3one4 Capital. Over the span of a decade, he has been actively working with the innovation ecosystems of India to help cultivate and grow startups and funds in the country. The ecosystem that he has helped create and invested in spans 250+ startups across multiple geographies (India, USA, Israel and Singapore), as well as 35+ funds across multiple asset classes and geographies. He is the Co-Founder and Partner of Aarin Capital, a USD 150 Mn fund dedicated to direct investments in startups as well as investments into 15+ funds that span multiple asset classes such as early and growth stage venture capital, public markets, real estate project financing, hedge funds and PE funds. He has helped launch 10 of these funds as a prime LP via Aarin Capital. The funds that have been launched via Aarin manage a combined corpus of USD +450 Mn. They attract a deal flow of over 3,000+ startups from India and the US every year. His family office is also amongst the top capital allocators to venture capital funds and startups in India. The family office has invested in over 22+ funds across multiple geographies and strategies. He is also an Investment Committee Member and prime LP of 3one4 Capital, one of India's fastest-growing early-stage VC funds. 3one4 Capital manages 4 funds and a combined corpus of INR 750 Crores (USD 100 Mn), with a portfolio of 55+ startups in India and the USA. He has also been a primary contributor to the policy and regulatory progress that India has made to encourage startups and remove friction from the ecosystem. He helped design and was the Investment Committee Member of the SIDBI India Aspiration Fund and the $1.8 Billion India Fund of Funds which has invested in 80+ domestic funds and committed over USD 450 Mn already. He has also helped draft policies across multiple areas such as electric vehicles, capital controls, listing regulations, financial reporting standards, IT standards and corporate governance. In particular, he has worked with the Union Government of India to launch the Startup India policy. He has also worked with multiple State Governments, including Karnataka and Rajasthan, on Startup Policies at the state level. Until June 2011, he was a Member of the Board of Directors of Infosys and the Head of Administration, Education and Research, FinacleSM, Human Resources and the Infosys Leadership Institute. He joined Infosys in 1994 and served as a Member of the Board since May 2000. He was the Chief Financial Officer from 1994 to 2006. As the CFO, he played a strategic role in transforming Infosys into one of the world's most respected software services companies. He played a key role in branding the company among the investor community and enhancing transparency and disclosure levels. He was an integral part of the Infosys team that enabled the first listing of an India-registered company on NASDAQ and the first sponsored secondary offering of American Depositary Shares by an Indian company. He also formulated the country's first publicly articulated company financial policy. The Infosys Annual Report, under his supervision, has won the top awards consistently from the Institute of Chartered Accountants and from the South Asian Federation of Accountants. He was voted 'CFO of the Year in 2001 by IMA India. He won the 'Best CFO in India' award from Finance Asia in 2002 and 'Best Chief Financial Officer in India' in the Best Managed Companies poll by AsiaMoney in 2004. He was a member of the Kelkar Committee, constituted by the Ministry of Finance, GoI, for reforming direct taxes. He also works with Central and State governments in the fields of education, IT and business. In 2000, he spearheaded the foundation of the Akshaya Patra Foundation, Bangalore, to start a mid-day meal program for school children. Today, the mid-day meal program feeds over 1.2 million children across seven states in India. The program aims to feed 5 million children by 2020. He is also a fellow member of the Institute of Chartered Accountants of India (ICAI). He holds an LLB from Bangalore University and a Bachelor of Commerce degree from St. Joseph's College of Commerce, Bangalore. He serves as Board Member at GoSavvy. He served as Board Member at Jigsaw Academy Education.

Business Details

Primary Investor Type
Angel (individual)
Corporate Office
  • Bengaluru, Karnataka
  • India

Mohandas Pai Investments & Acquisitions (53)

Company Name Deal Date Deal Type Deal Size Industry Company Stage Lead Partner
HomeLane 15-Jun-2023 Later Stage VC 00000 Home Furnishings Generating Revenue 00000000 000
Invact 29-Mar-2022 0000 00000 00.000 Educational Software Generating Revenue 00000000 000
Foundit (Human Capital Services) 22-Dec-2021 00000 00000 000.00 Human Capital Services Generating Revenue 00000000 000
Kapiva 24-Jan-2019 00000 00000 00.00 Beverages Generating Revenue 00000000 000
Vebbler 17-Jul-2018 000000 00000 Social/Platform Software Generating Revenue 00000000 000
BetterPlace 23-May-2018 00000 00000 00.000 Business/Productivity Software Bankruptcy: Admin/Reorg 00000000 000
Tripoto 04-Dec-2017 00000 00000 00.000 Other Restaurants, Hotels and Leisure Generating Revenue 00000000 000
QwikSpec 18-Jul-2017 00000 (00000 00000 Business/Productivity Software Generating Revenue 00000000 000
Ricago 21-Jun-2017 Seed Round 000 Business/Productivity Software Generating Revenue 00000000 000
Norah AI 18-Apr-2017 Early Stage VC 00.000 Multimedia and Design Software Out of Business 00000000 000

Mohandas Pai Exits (21)

Company Name Exit Date Exit Type Exit Size
BetterPlace 01-Feb-2024 Bankruptcy: Admin/Reorg
Zoomcar 28-Dec-2023 0000000 000000 00000
Gingercrush 01-Dec-2023 000000000 00000000
Tracxn Technologies 10-Jan-2023 000 000.00
6degrees ( Application Software) 01-Dec-2022 000000000 00000000
CimplyFive 06-Jul-2022 000000000000000000
Wigzo 03-Feb-2022 000000000000000000
Magic Crate 01-Jan-2022 000000000000000000
Oust Labs 18-Oct-2021 Merger/Acquisition
The Better India 31-Aug-2021 Merger/Acquisition

Mohandas Pai Investments by Industry, Year, and Region

Investments by Industry

Investments by Year

Investments by Region

PitchBook’s data visualizations quickly surface an investor’s historical investments—showing a breakdown of activity by industry, year and region.

Mohandas Pai Team (1)

Name Title Deals Funds Boards Office
Mohandas Pai Angel Investor 00 0 0 Bengaluru, India

Mohandas Pai Co-Investors (47)

Name With Exits Lead Partner Series Industry
Accel 1 0 Series chart Industry bar
Andreessen Horowitz 0 0 Series chart Industry bar
Brand Capital 0 0 Series chart Industry bar
Evolvence Capital 0 0 Series chart Industry bar
Quess Corporation 0 0 Series chart Industry bar

Mohandas Pai FAQs

  • Who is Mohandas Pai?

    Mohandas Pai is an angel Investor who has made 53 investments.

  • What kind of investor is Mohandas Pai?

    Mohandas Pai is an angel investor.

  • What does Mohandas Pai do?

    As an angel investor, Mohandas Pai invests personal money into promising companies, typically in exchange for equity.

  • How many board seats does Mohandas Pai hold?

    Mohandas Pai holds a board seat in Havells.

  • What has Mohandas Pai invested in?

    Mohandas Pai has made numerous investments in companies like HomeLane, Invact, and Foundit (Human Capital Services) within the Home Furnishings, Educational Software, and Human Capital Services industries.

  • What has Mohandas Pai invested in recently?

    Mohandas Pai's latest investment was on 15-Jun-2023 in HomeLane, a company within the Home Furnishings industry.

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