Paras Patel Overview
- Firm
- E3 Capital (Keny...
- Primary Position
-
Co-Founder & Man...
- Primary Industry
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Information Technology
- Active Board Seats
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3
- Med. Deal Size
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Paras Patel General Information
Biography
Mr. Paras Patel is a Co-Founder & serves as Managing Partner at E3 Capital. He serves as a Board Member at ManoCap Energy, SolarX and served as board Member at PayGo Energy. He serves as Board Member at ZIZ Energie. Born and raised in Kenya, he has always had a strong desire to foster sustainable development across the African continent. His mission is clear - leverage market-based approaches to extend low-carbon, affordable and appropriate services to those who really need them most. As a founding member of EAV, he has played a pivotal role in constructing the fund's thesis around investing in smart infrastructure solutions for Sub-Saharan Africa. He led EAV's investment into several innovative verticals, including commercial and industrial solar, wireless ISPs, and digital LPG solutions, as well as into d.light, which became EAV's first exit in 2020. He currently sits on the boards of Solarise Energy, Manocap Energy, Mawingu Networks, SolarX, and PayGo Energy, where he leverages his entrepreneurial savvy, structured thinking, and strategic mindset to drive sustainable growth. Before joining EAV, he honed his entrepreneurial skills by founding Simply Live in 2012, a startup in the UK, scaling it into a pan-European player, and exiting it in 2014. Prior to that, he worked at HSBC in Investment Banking and Asset Management for 10 years in the UK, where he played an integral role in restructuring their Asset Management business. He holds a BEng (Hons) degree in Engineering from the University of Warwick, UK, and an MSc in Finance from the Warwick Business School. He speaks English and Kiswahili.
Contact Information
Address
- Valley View Office Park, Tower A
- 3rd Floor City Park Drive
- Nairobi, 00621
- Kenya
Paras Patel Positions (1)
Firm name | Firm type | Title | Location | Industry | Since |
---|---|---|---|---|---|
E3 Capital (Kenya) | Investor | Co-Founder & Managing Partner | Nairobi, Kenya | Venture Capital |
Paras Patel Board Seats (3)
Company | Industry | Ownership Status | Financing Status | Location | Since |
---|---|---|---|---|---|
ManoCap Energy | Other Energy Services | Privately Held (backing) | Venture Capital-Backed | Accra, Ghana | |
Mawingu | Internet Service Providers | Privately Held (backing) | Venture Capital-Backed | Nairobi, Kenya | |
SolarX | Other Energy Services | Privately Held (backing) | Venture Capital-Backed | Bamako, Mali |
Paras Patel Lead Partner on Deals (7)
Paras Patel has been the lead partner on 7 deals. Their latest deal was with Badili, a specialty retail company. The deal was made on 08-Apr-2024.
Company | Deal Date | Deal Type | Deal Size | Deal Status | Industry | Location |
---|---|---|---|---|---|---|
Badili | 08-Apr-2024 | Seed Round | Completed | Specialty Retail | Nairobi, Kenya | |
Cavex | 02-Nov-2023 | Completed | Business/Productivity Software | London, United Kingdom | ||
Mawingu | 02-Feb-2023 | Completed | Internet Service Providers | Nairobi, Kenya | ||
Mawingu | 21-Feb-2021 | Completed | Internet Service Providers | Nairobi, Kenya | ||
Solarise Africa | 31-Aug-2020 | Completed | Specialized Finance | Sandown, South Africa | ||
SunCulture | 07-Apr-2017 | Seed Round | Completed | Alternative Energy Equipment | Nairobi, Kenya | |
Solarise Africa | Seed Round | Completed | Specialized Finance | Sandown, South Africa |
Paras Patel Network (45)
Board Members (14)
Name | Company | Representing | Location | From |
---|---|---|---|---|
Tomohiko Kawamoto | PayGo Energy | Self | Nairobi, Kenya | |
Karim Ghammache | SolarX | SolarX | Bamako, Mali | |
ZIZ Energie | E3 Capital (Kenya) | NDjamena, Chad | ||
SolarX | E3 Capital (Kenya) | Bamako, Mali | ||
PayGo Energy | PayGo Energy | Nairobi, Kenya |
Portfolio Executives (26)
Name | Company | Role | Deal date | Location |
---|---|---|---|---|
Rishabh Lawania | Badili | Co-Founder & Chief Executive Officer | 08-Apr-2024 | Nairobi, Kenya |
Keshu Dubey | Badili | Co-Founder & Chief Technology Officer | 08-Apr-2024 | Nairobi, Kenya |
Cavex | Co-Founder, Chief Executive Officer & Board Member | 02-Nov-2023 | London, United Kingdom | |
Mawingu | Chief Executive Officer | 02-Feb-2023 | Nairobi, Kenya | |
Mawingu | Chief Executive Officer | 02-Feb-2023 | Nairobi, Kenya |
Fund Team Members (5)
Name | Investor | Fund | Fund Location |
---|---|---|---|
Elizabeth Biney-Amissah | Schneider Electric (Electrical Equipment) | Energy Access Ventures Fund | Rueil Malmaison, France |
Elizabeth Biney-Amissah | Aster Capital | Energy Access Ventures Fund | Paris, France |
E3 Capital (Kenya) | Nairobi, Kenya | ||
Schneider Electric (Electrical Equipment) | Rueil Malmaison, France | ||
Aster Capital | Paris, France |
Paras Patel Affiliated Funds (2)
Fund | Investor | Fund Type | Status | Vintage | Size | Dry Powder | IRR | IRR Quartile |
---|---|---|---|---|---|---|---|---|
E3 Low Carbon Economy Fund I | Cygnum Capital | Venture Capital - Early Stage | Closed | 2023 | ||||
Energy Access Ventures Fund | Schneider Electric (Electrical Equipment) | Venture - General | Closed | 2015 |
Paras Patel FAQs
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Who is Paras Patel?
Mr. Paras Patel is a Co-Founder & serves as Managing Partner at E3 Capital.
-
How much does Paras Patel typically invest?
Paras Patel's median deal size is
. -
What is Paras Patel’s main position?
Paras Patel’s primary position is Co-Founder & Managing Partner.
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What are the contact details for Paras Patel?
Paras Patel’s email address is pa
and his phone number is +254 0719 . -
How many active board seats does Paras Patel hold?
Paras Patel holds 3 board seats including ManoCap Energy, Mawingu, and SolarX.
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