SR

Shashank Randev

Investment Committee - MITD Fund at Maharashtra State Innovation Society

Mumbai, Maharashtra

Overview

Work Experience

  • Founder VC & Co-Founder

    2019 - Current

    100X.VC is a $20M early-stage fund investing in pre-seed/seed companies. Co-lead 100X.VC since 2019 which is today India's premier seed venture capital fund, with 180 investments from Fund I and II. Notable portfolio investments – abCoffee, Accio Robotics, Arthum, BreatheESG, Bluelearn, Dezy.ai, Datasutram, EMO Energy, 50Fin, Fyllo, Happi Planet, Kerala Banana Chips, Mindpeers, Vodex.ai and ZuAI. Portfolio: www.100x.vc/portfolio. Read more about iSAFE Notes: www.100x.vc/isafe.

  • Investment Committee - MITD Fund

    2024

    Investment committee (IC) member of the Maharashtra Innovation & Technological Development Fund, a $24MN (INR 200 Crore) SEBI CAT II AIF. IDBI Capital Markets & Securities Ltd. (ICMS) is the Investment Manager of the MITD Fund. Focus areas: Health Care, Cyber Security, Agriculture, Clean Energy, Waste & Water Management, Smart Infrastructure & Mobility, Education, Skill Development, Fintech, and other sectors where the Government of Maharashtra (GoM) sees relevance.

  • Partner

    2018

    A new age Family Office with a focus on value creation across geographies. Established in 2018, Randev Ventures is the private investment body of the Randev Family Office with presence in India and the United Arab Emirates. Randev Ventures is a closed-network fund providing strong tech-first founders with the proprietary capital and resources to build. Our portfolio of investments includes startups from B2B Emerging technology, Deeptech, SaaS, Cleantech, and ConsumerTech. We invest across India, MENA, North America and SEA. Portfolio Startups Backed by Accel Partners, Elevation Capital, Lightspeed Ventures, Prime Venture Partners, and many more. Portfolio: www.randevventures.com/portfolio/. For pitch and investor relations: connect[at]randevventures[dot]com www.crunchbase.com/person/shashank-randev | venture.angellist.com/randev-ventures/syndicate

  • Advisory Board | #AhemCreator

    2019

    An innovative learning organization enabling economic empowerment and quality of education in Bharat. Ahem Asmi aims to grow in both scope and scale, with programs reaching children and youth across the country. We empower underprivileged children and women with the resources required to forge brighter destinies for themselves and their communities. Volunteer & Join the Movement. Become an #AhemCreator: https://forms.gle/4YF6NDQUdTm2yc1w7

  • Director

    2016 - 2018

    As part of the early team, I spearheaded, conceptualized and launched Z Nation Lab’s Bootcamp program, accelerated 70+ tech-enabled start-ups and invested across 16 in India. Z Nation Lab is a technology accelerator and seed fund selectively investing up to USD 50K of capital in high growth startups. Led mining, scouting and analysing potential investable start-ups in domains including IoT, Analytics, Artificial Intelligence, Real Estate-Tech, Fintech, Healthtech and Consumer Retail.

  • Vice President VCCEdge

    2015 - 2016

    Founding member of VCCEdge (www.vccedge.com) - India’s premier financial research platform providing comprehensive data and analytical tools to professionals’ part of the Indian investment ecosystem. VCCEdge, a division of VCCircle Network was acquired by News Corporation (www.newscorp.com) in March 2015. Established VCCEdge as the most reliable research solution for the Indian investment ecosystem with leading global and domestic private equity, venture capital firms and investment banks as clients. The role required me to wear multiple hats ranging from product development, research, marketing, business development and account management; all with a single focus of building a comprehensive and robust data product facilitating investment and business research.

  • Founding Member & Vice President | VCCEdge

    2014 - 2015

    I led revenue, business strategy, product and business development for VCCEdge, an online financial research platform brought to you by VCCircle (www.vccircle.com) - India's leading online financial data and information services group. It is India’s most comprehensive online deal platform that covers the investment eco-system. VCCEdge provides private & public company financial data, private equity, venture capital, M&A, ECM and debt transactions data.

  • Associate Vice President | VCCEdge

    2012 - 2014

  • Founding Member & Business Manager | VCCEdge

    2009 - 2012

    Founding member of the Startup. Successfully launched VCCEdge, a financial research platform for investment banks, venture capitalists and private equity funds. Set up and kick-started VCCircle’s operations in Mumbai.

  • Business Associate | ELS Global Markets

    2007 - 2008

    NIIT Enterprise Learning Solutions Business (NIIT ELS) is a global outsourcing company that delivers transformative strategies through its outsourced Managed Training Services. Part of the Global marketing team for publishing vertical, managing clients which included Pearson, McGraw-Hill and various others.

  • Quality Analyst

    2005 - 2006

    Zensar is a global information digital solutions and technology services company that specializes in partnering with global organizations across industries on their Digital Transformation journey http://www.zensar.com/

  • Engineering Intern

    2002 - 2002

    Positioned with the Electronics and Program wing at the Central Production Centre, Prasar Bharti Doordarshan where I was assigned tasks in technical operations.

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