Manu Rikhye Overview

  • Primary Position
  • Co-Founder & Par...

  • Primary Industry
  • Information Technology

  • Active Board Seats
  • 1

  • Med. Deal Size

  • Med. Valuation

Manu Rikhye General Information

Biography

Mr. Manu Rikhye serves as a Partner at GrowX Ventures. He serves as an Advisor at Equabli. He is a Co-Founder and serves as a Partner at Merak Ventures. He serves as a Board Member at Progcap. Mr. Rikhye served as Executive Vice President and Managing Director of operations at Encore Capital Group. He was currently Executive Vice President, of Encore Capital Group, and Managing Director of Midland Credit Management India Pvt. Ltd., a subsidiary of Encore Capital Group. In this role, He heads Encore's extensive operations in India. Since he began managing Encore's India operations, it has grown from a team of 200 employees to 2,000, with a staff that supports the parent company's operational, analytic and IT needs. Under his leadership, Encore India has been named one of India's Top 50 Companies to Work by the Great Place to Work Institute for four consecutive years. His career reflects his entrepreneurial success. He has previously held significant positions across areas of collections operations including portfolio management, profitability, performance management, and client service delivery. He has been instrumental in setting up, building, and growing medium- to large-sized businesses focused on financial services. His early experience includes time at GE Capital Services and Aegis BPO. He holds a Bachelor's degree in Commerce from Delhi University and a Business Management degree from the Indian Institute of Management, Kolkata.

Contact Information

Primary Position
Co-Founder & Partner, Merak Ventures
Education
Delhi University, India, Bachelor's
Indian Institute of Management, Calcutta, Degree
Gender
Male
Email
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Address
  • Collative, Global Foyer
  • Sector 5, Pushp Vihar
  • New Delhi, 110017
  • India

Manu Rikhye Positions (2)

Firm name Firm type Title Location Industry Since
growX Ventures Investor Partner New Delhi, India Venture Capital
Merak Ventures Investor Co-Founder & Partner New Delhi, India Venture Capital

Manu Rikhye Board Seats (1)

Company Industry Ownership Status Financing Status Location Since
Progcap Financial Software Privately Held (backing) Venture Capital-Backed New Delhi, India

Manu Rikhye Lead Partner on Deals (11)

Manu Rikhye has been the lead partner on 11 deals. Their latest deal was with AbleCredit, a financial software company. The deal was made for on 28-May-2024.

Company Deal Date Deal Type Deal Size Deal Status Industry Location
AbleCredit 28-May-2024 Seed Round Completed Financial Software Bangalore, India
Rupyz 05-Feb-2024 Completed Business/Productivity Software Gurgaon, India
OneStack 12-Jul-2023 Completed Financial Software Gurugram, India
Progcap 17-Oct-2022 Completed Financial Software New Delhi, India
Multipl 10-May-2022 Completed Financial Software Bengaluru, India
MedPay 15-Jul-2021 Completed Other Healthcare Technology Systems Bengaluru, India
4baseCare 11-Mar-2021 Completed Diagnostic Equipment Singapore, Singapore
Meddo 08-Jan-2021 Completed Other Healthcare Technology Systems Gurugram, India
Advantage Club 28-Aug-2019 Seed Round Completed Business/Productivity Software San Francisco, CA
Progcap 31-Jul-2019 Early Stage VC (Series A) Completed Financial Software New Delhi, India

Manu Rikhye Network (60)

Board Members (6)

Name Company Representing Location From
Preetie Kohli Progcap Self New Delhi, India
Pallavi Shrivastava Progcap Progcap New Delhi, India
Progcap Self New Delhi, India
Progcap Peak XV Partners New Delhi, India
Progcap Self New Delhi, India

Portfolio Executives (53)

Name Company Role Deal date Location
Anubhab Bandyopadhyay AbleCredit Co-Founder, Chief Technology Officer & Board Member 28-May-2024 Bangalore, India
Ashwini Prabhu AbleCredit Co-Founder, CPO & Board Member 28-May-2024 Bangalore, India
AbleCredit Co-Founder, Chief Executive Officer & Board Member 28-May-2024 Bangalore, India
AbleCredit Co-Founder, Chief AI Officer & Board Member 28-May-2024 Bangalore, India
Rupyz Co-Founder 05-Feb-2024 Gurgaon, India

Fund Team Members (1)

Name Investor Fund Fund Location
growX Ventures New Delhi, India

Manu Rikhye Affiliated Funds (1)

Fund Investor Fund Type Status Vintage Size Dry Powder IRR IRR Quartile
GrowX Venture Fund I growX Ventures Venture Capital - Early Stage Closed 2019

Manu Rikhye Advisory Roles (1)

Firm name Firm type Title Location Industry Since
Equabli Company Advisor Austin, TX Financial Software

Manu Rikhye FAQs

  • Who is Manu Rikhye?

    Mr. Manu Rikhye serves as a Partner at GrowX Ventures.

  • How much does Manu Rikhye typically invest?

    Manu Rikhye's median deal size is .

  • What is Manu Rikhye’s main position?

    Manu Rikhye’s primary position is Co-Founder & Partner.

  • How many active board seats does Manu Rikhye hold?

    Manu Rikhye holds a board seat in Progcap.

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