Ranjeet to advise Gemba Capital on consumer tech deals and mentor portfolio companies
Mumbai: Gemba Capital, India’s leading micro-VC fund, has expanded its Advisory Team by adding Ranjeet Pratap Singh as a Consumer Tech Venture Advisor.
In his advisory role, Ranjeet will guide Gemba Capital’s investment team in evaluating consumer tech deals and mentor portfolio companies with his invaluable insights and expertise.
Ranjeet is the Co-Founder & CEO of Pratilipi, India’s largest storytelling platform across multiple formats and languages. Pratilipi was founded in 2015, and its online literature platform has over 1.5 million writers whose stories are read over 550 million times each month. The company also owns Pratilipi Comics, Pratilipi FM, IVM Podcasts, and Westland Books. Pratilipi has raised over USD 80 million from investors such as Krafton, Nexus, and Omidyar Network.
An FMS Delhi Alumnus, some of Ranjeet’s angel investments include startups such as Kutumb, Animall, Headout, and Newton School.
“I have always believed that brainstorming with smart founders is a way to give back to the ecosystem and learn fresh perspectives that help me as an operator and a leader. Working with the fantastic Gemba Capital team and its portfolio companies is an endeavour that is going in the same direction. I am a big believer in the Indian consumer internet ecosystem and think dozens of large-scale consumer tech businesses will be built in India over the next decade.
I am looking forward to playing a small part in the journey,” said Ranjeet in his new role as an advisor.
Commenting on the engagement, Adith Podhar, Founding Partner at Gemba Capital, said, “It is our privilege to have Ranjeet as part of the Gemba Capital family. He is one of the most prominent founders in the Consumer Tech domain and is an expert in understanding Indian consumer behavior, growth, monetization, etc. His nuanced understanding of the Indian consumer will add immense value to our investment team, LPs, and portfolio founders.”
Govind Lohia, Principal at Gemba Capital, said, “We are elated to have Ranjeet onboard. His operating experience further augments our investment capabilities and portfolio value-add. We are super bullish on the consumer tech domain and continue to partner with resilient founders building in this space.”
Gemba Capital has invested in 50+ startups so far, including Plum Insurtech, Grip Invest, Wint Wealth, Zuper, Navadhan, Volt Money, Showroom, Strata, ClickPost, Eternz, and LightFury Games. They recently received the SEBI License for their second fund of US$30 million, through which they will invest in seed/pre-seed stage startups in Fintech, Consumer Tech, and B2B Platforms.