About

Everyone at AdvantEdge is a former founder. We have built companies, scaled them, sold them and failed, and we bring what we learned to the founders we back.

The team

Kunal Khattar

Kunal Khattar

Founder and Managing Partner

Kunal is a serial entrepreneur and investor with more than 20 years of experience. His previous ventures include Carnation, acquired by the Mahindra Group; Laurus Labs, listed on the NSE and BSE; and InfoPro Solutions, acquired by Aptuit. He also worked at Razorfish and Vodafone.

Kunal read Economics at Delhi University and holds an MBA from FSM and an MS from Northwestern University's Kellogg and Medill schools.

Ashish Gupta

Ashish Gupta

Venture Partner

Ashish has more than 20 years of consumer and technology experience managing P&L, operations and incubation, with leadership roles at HP, Samsung, Asian Paints, S. Chand and BlackBerry. He has mentored companies including Baaz, Smartivity, Skillofun, CodeJudge and PrimeBook from day zero.

Ashish holds an MBA from the Management Development Institute, Gurgaon, and a B.Tech from Laxminarayan Institute of Technology.

Nitien Garg

Nitien Garg

Partner and Chief Financial Officer

Nitien spent more than 20 years in investment banking with Goldman Sachs, KPMG, BMR Advisors and Ernst & Young, advising companies at every stage on mergers, acquisitions, joint ventures and fundraising. His sector work spans auto and auto ancillaries, retail, media, healthcare, technology, financial services and education.

Nitien is a member of the Institute of Chartered Accountants of India and read Commerce at Delhi University.

Ridhish Talwar

Ridhish Talwar

Partner

Ridhish co-founded two startups: The Shark, a poker-focused gaming brand, and EasyLaw, a platform for legal services in India. He previously worked in financial services with Cantor Fitzgerald and Grant Thornton.

Ridhish studied Economics at the University of Cambridge, Finance at the University of Manchester and Business and Management at the University of Bradford.

Astha Tyagi

Astha Tyagi

Investor Relations

Astha has more than a decade of experience in investment banking, fundraising and investor relations. She held leadership positions at Invest India, driving investment promotion for the Government of India, and worked on corporate M&A and fundraising at Ernst & Young.

She graduated top of her MBA class at the Indian School of Business, Hyderabad, and read Commerce at Shri Ram College of Commerce, University of Delhi.

Madhav Venkaswamy

Madhav Venkaswamy

Investment Team

Madhav has worked across climate, education technology and aviation in roles spanning product development, business building, international partnerships and fundraising. He spent several years as a founder or founding employee building science-based products for government and business customers, from emissions analytics to learning simulations and airport security systems, often in regulated and technically complex settings.

Madhav holds a B.Sc. in Industrial Engineering from Rensselaer Polytechnic Institute, where he was on the Dean's List, and an MBA from IMD Business School, where he was a finalist in the Venture Award.

The firm

AdvantEdge Founders was set up in 2015 to write first institutional cheques into mobility technology companies in India. Three funds later the scope has widened from shared mobility and logistics to electric vehicles, energy, power electronics, autonomy, aerial systems and space. The approach has not changed: commercial customers first, a written thesis before every cheque, and partners who have run companies themselves.

The fund is managed from Delhi and Bengaluru and is registered with SEBI as an alternative investment fund.

Contact

Founders: hello@advantedge.vc, or see how to apply.

Limited partners, co-investors and press: the same address, with "Investor" or "Press" in the subject line.

Delhi: 3/16, 2nd Floor, Shanti Niketan, New Delhi 110021. Bengaluru: WeWork Galaxy, Residency Road.

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