Prime Venture Partners

Latest fund size

$100M

Announced

March 1, 2025

Global HQ

India

Members only

Check size

$1M - $5M

Members only

Stage focus

Seed, Series A

Members only

Regions of investment

Asia

Members only

About

Founded by Shripati Acharya and Sanjay Swamy in 2012, with Amit Somani joining as a partner in 2015, Prime Venture Partners brings together extensive experience in entrepreneurship and operations. The firm positions itself as the first institutional investor for early-stage startups, offering not just capital but also strategic support in areas like product development, market strategy, and organizational growth.

Contact info

Members only

Names, roles, emails and LinkedIn profiles for the team, plus the fund's website.

Investment focus

Prime Venture Partners concentrates on early-stage investments in sectors including FinTech, EdTech, HealthTech, Consumer Internet, and Global SaaS. In recent years, the firm has expanded its focus to encompass emerging areas such as Electric Vehicles (EVs), B2B solutions, Web3 technologies, and Gaming infrastructure platforms.

Members only

What the fund looks for in founders and which sectors it backs.

Fund

In March 2025, Prime Venture Partners announced the launch of its fifth fund with a corpus of $100 million. The fund aims to invest in 16-18 startups, with initial investments ranging from $2 million to $4 million, and the potential to increase up to $12 million across multiple funding rounds.

Members only

Fund size, LPs and track record.

Other information

Leadership:

The leadership team at Prime Venture Partners comprises:​

  • Amit Somani – Managing Partner​
  • Sanjay Swamy – Co-founder and Managing Partner​
  • Shripati Acharya – Co-founder and Partner​
  • Brij Bhushan – Partner​

‍

Investment Strategy:

Prime Venture Partners employs a high-conviction, high-support investment strategy. The firm focuses on being the first institutional investor, providing significant support to portfolio companies through:​

  • Organization design​
  • Team building​
  • Product reviews​
  • Go-to-market planning​
  • Metrics definition and tracking​
  • Public relations and finance support​
  • Assistance with future fundraising​
  • Exit planning​

This approach aims to ensure that portfolio companies achieve strong product-market fit, secure follow-on funding, and achieve profitability or successful exits. ​

‍

Notable Investments:

Some of the notable investments by Prime Venture Partners include:​

  • Niyo – A leading savings-led universal neobank in India.​
  • MyGate – A mobile-based security management solution for gated communities.​
  • Quizizz – An ed-tech platform used by over 100 million students globally.​
  • PlanetSpark – An education platform focusing on language and communication skills.​
  • Dozee – A remote patient monitoring solution in the healthtech sector.​
  • Zuper – A provider of intelligent field service management software.​

‍

Notable Exits:

Prime Venture Partners has achieved several successful exits, including:

  • Happay – Acquired by Cred for $180 million.​
  • Recko – Acquired by Stripe.​
  • Perpule – Acquired by Amazon.​
  • Ezetap – Acquired by Razorpay.​
  • ZipDial – Acquired by Twitter.​
  • Tracxn – Went public through an initial public offering (IPO).

Members only

Leadership, investment strategy, notable investments and exits.

Unlock this fund's full profile

✓ Emails and LinkedIn for the team

✓ Check size, stage focus and regions of investment

✓ LPs, notable investments and exits

✓ Search and filters across 700+ funds

Unlock this fund and 700+ more

From $14/month, billed yearly. Cancel any time.

Read the newsletter that top VCs and founders keep in their inbox.

Join the weekly newsletter