Jaswanth Varma

Angel Investor

2021 - Current

one of India's fastest-growing healthcare brands. We make health supplements and medical supplies that we can confidently give to our family & friends. The company is founded by serial entrepreneurs and is backed by few of India’s most successful entrepreneurs.

Mentor & Advisor

2020

Hocomoco - Home construction and monitoring company is a one stop tech-based construction and design services start-up, headquartered in Hyderabad, Telangana State. The company aims at streamlining the construction process by bringing together all stakeholders involved in a home-building process. It currently offers a platform as a one-stop solution for all residential building construction needs, beginning with legal permissions, architectural & structural design, construction execution to interiors and monitoring services. Hocomoco is based on 4T principal- Transparency, Time saving, Tracking and Technology adoption Hocomoco is recognized and registered with STARTUP INDIA.

Mentor & Advisor

2020

Salud" is a Spanish word which means 'Cheers to Health'. Salud has a global vision where people come together to Celebrate Life, with a touch of exclusivity. A new age Ready to Drink and Craft Spirits, aspirational brand with Life & Lifestyle as its ethos. Salud's vision is to become a Global Brand with alcoholic beverages, non-alcoholic beverages and Craft Spirits which are Fresh, Classy and Socially Responsible. Raise your glasses as we Salud to Fine crafted sips we are to party with.

Chief Financial Officer

2023 - 2024

Investments & Research

2021 - 2023

Xelpmoc is a technology, analytics and design company, focused on solving problems for n5hmi - the next five hundred million Indians. We believe in Data and have a bias for action. We are a unique combination of incubator, accelerator and technology partner to startups and enterprises looking to solve real problems. We act as a core partner to innovators and founders, working with them to unleash the full potential of each startup by designing, developing, launching & scaling ground-breaking tech products & solutions. We are driven by the lust for beautiful end user experience and run on entrepreneurial ethos. We love working on path-breaking stuff, and get our kicks from simplifying complex design & technology solutions to make a true difference to the world. This is why we chose the name 'Xelpmoc’. Essentially, we turn complex around. Our venture startups span across finance, agriculture, transportation, education, travel, IOT, health, e-commerce and communication. Some of them are: 4TiGO Mihup Woovly Snaphunt Knack KidsStopPress TaxiTop The Star In Me Slate.ac 121Policy InQube Jzeva EPoC Our Data Sciences and Technology Services practice works with private & public enterprises, government bodies & departments, & social welfare organizations to help build solutions for complex problems, leveraging emerging tech like Artificial Intelligence, Machine Learning, Data Science and Analytics and other emerging tools.

Early Stage Investment Lead

2021 - 2021

Udtara Venture is a family office fund of KP group. The group has a vintage of more than 5 decades, having its third generation controlling operations and management of various entities of the group. They have been an active investor in growth companies, having a diversified portfolio across consumer goods, logistics, distribution and real estate sector. Overall group net worth is poised around USD 5 Bn. across businesses. We decided to create a dedicated proprietary fund to invest in early-stage tech opportunities, seeking to raise Seed, Bridge or Pre-Series A investments. We are a sector agnostic fund with an initial ticket size ranges from INR 0.50 Lakhs to 10 Cr., with a capacity to participate in the follow-on round with a ticket size ranging from INR 10 to 25 Cr. Given the fund mandate, we are open to co-invest in Series A stage as well. Also, we are actively looking to invest directly in the Early stage VC funds as well in the range of INR 10 to 15 Cr. cheque size. The fund came into existence in the month of March-2020 and we have made 6 investments, deploying INR 36+ Crore till date. Our current portfolio is diversified across Online Gaming, SAAS, Deep-tech, Defence Tech, Consumer Goods and Payment sectors."

Sr Investment Manager

2018 - 2021

Venture Capital Fund with investments in 28 companies globally. It is also a speed scaling ecosystem that helps early and growth-stage technology startups to scale up in new markets such as India and SE Asia. KEY RESPONSIBILITIES: involved doing Business & Financial Due Diligence, making Market research reports, financial models, Making term sheets, Portfolio Management, negotiations and vetting the SSA/SHA (Shareholder Agreements) is also my forte • OPERATIONS: Handled 6 early-stage investment transactions, amounting to US$5Mn in private companies in India and overseas from deal identification to due diligence to Deal Closure • DUE-DILIGENCE: Conducted due diligence and thorough industry, market and valuation analysis on 40+ prospective investment opportunities in terms of its scale-up and exit potential • COMPLIANCE: Took care of all the compliance work and assisted the partners on it. Created a playbook for the ODI (Overseas Direct investment) process • PORTFOLIO MANAGEMENT – track all the qualitative and quantitative KPIs for all the portfolio companies based on their business model, competitive landscape and give regular suggestions to the team on the exit opportunities. • MARKET RESEARCH/ DEAL SOURCING: Helped in setting up the fund, built internal ‘deal-curation’ processes, and developed strong deal-sourcing strategies for identifying new business opportunities • DEAL EVALUATION SCORE: Part of a team that built a list of 120 parameters to quantify decision-making in early-stage investments, which turned into a joint research project between the company and ISB (Indian School of Business). • STRATEGIC ADVISOR & FINANCIAL MODELLING: Paid Consulting/Strategy Advisor for 5+ startups in terms of preparing their business model, financial model, Go to market strategy, Customer Acquisition Strategy, Information Memorandum, and helping them in parts of their legal and compliance issues

M&A Investment & Strategy

2017 - 2018

Consultant

2015 - 2016

MBA Strategy Consultant

2014 - 2015

• Coordinated a team of 5 MBA candidates to deliver strategic recommendations to senior AT&T leadership regarding emerging competitive threats from new technologies. • Established evaluation matrix to identify disruptive non-traditional competitors who threaten AT&T's core competencies for a two- to five- year time horizon • Performed competitive analysis on 8 different emerging technologies by industry analysis and financial modeling