VA

Vineet Agarwal

Investor at Ola Electric

Bengaluru, Karnataka

Overview

Work Experience

  • Director, Corporate Finance & Investor Relations

    2024 - Current

    IPO - Ola Electric done. Now on to the 2nd. Fundraising Investor Relations M&A and Strategy Investments & Divestments Group Capital Allocation & Strategy

  • Associate Director, Corporate Finance & Investor Relations

    2024 - 2024

  • Director, Corporate Finance & Investor Relations

    2024

  • Associate Director, Corporate Finance & Investor Relations

    2024 - 2024

  • Director, Investments

    2023 - 2023

    Heading Investments for Antler in India. Responsible for identifying the best founders and ideas in order to deploy ~$100m in India in the early stage. End-to-end leadership role from sourcing, selection, Investment Committee and process management, negotiation and structuring deals. While also building out the team and leveraging tools & products to deploy fast, at scale and in high-quality founders. Already built India's largest pre-seed funnel (30k+ founders) and one of the most selective sector agnostic portfolio. Invested in 45+ Indian startups so far across SaaS, Fintech, Consumers, Web3, Mobility, EdTech, HealthTech, PropTech, Digital Public Infrastructure and others. Co-investors/follow-on investors include Peak XV (formerly Sequoia Capital), Blume Ventures, Prime Ventures, Vertex Ventures, Kae Capital, Stellaris among others. Founder personas include repeat venture-backed founders, first-time founders, student founders, experienced founders and seasoned operators. Select portfolio companies: Fintech: IndiaP2P, Mysa, Bold Finance, Finverv, Ohm Mobility, HealthCRED, Covrzy Consumer Tech: Apnibus, OnArrival, Frodo, Gladful, Sahaj Gaming, CattleGuru Web3: Singularity, PYOR Climate Tech: StepChange, Sangti SaaS: Adaptive.live, Plotch Health: Healthflex, Guardians Announced Portfolio Investments here: https://www.antler.co/india

  • Interim Head of Portfolio Management

    2022 - 2023

    Head of Portfolio Management for Antler in India. Primary focus on helping portfolio companies with fundraising, GTM & strategy, corporate structuring, exit management and everything else they need to succeed. Also building out the team and leveraging technology/products to manage a large portfolio at scale.

  • Manager, Investments

    2021 - 2023

  • Senior Manager - Corporate Development, Investor Relations & Strategy (Ola & Ola Electric)

    2020 - 2021

    Scope of work includes Fund Raise, Investor Relations, Investments and M&A, Strategy. Briefly worked in a dual role of the Chief of Staff to the Group Chief of Strategy and Business Development. Select transactions include: - Ola Electric's acquisition of Etergo, Netherlands based electric scooter company - $1.2bn+ fundraises across Ola, Ola Electric and Ola Financial Services Key focus areas include but are not limited to: - Global investor outreach to source capital for all of Ola's businesses that include Global Mobility, FinTech, FoodTech and Electric Mobility - JV formation and structuring including financial modelling and negotiation of key terms - End to end involvement in Mergers & Acquisitions (M&A) and investment opportunities for the Group - Planning and executing special projects related to giving an exit to existing investors and ESOP liquidation including secondary sale, share buyback etc - Strategy projects with a focus on new business/product/geography launches, restructuring, identifying emerging trends etc

  • Manager - Corporate Development, Investor Relations & Strategy (Ola & Ola Electric)

    2019 - 2020

  • Investment Banking Analyst

    2017 - 2019

    - Holistic experience across Mergers and Acquisitions (M&A), DCM and ECM transactions - Responsibilities include: Valuation (DCF, DDM, Trading Comparable, Transaction Comparable), Preparing Pitchbooks, Information Memorandums, Board Materials, Investment Committee Materials, Internal Memos and Financial Modelling - Live deal exposure includes, but is not limited to the following – * Exclusive Financial Advisor to Com Hem (Nordic Telecom company) on its $4.5bn merger with Tele2 * Financial Advisor to a Nordic Private Equity on sale of their stake in an Aircraft Leasing Company (EV ~ $7bn) * Financial Advisor to a Nordic Low Cost Airline on merger with / sale to an International airline holding company * Financial Advisor on the IPO of a Global Automotive Company, dual-track private placement for their EV brand

  • Founder

    2017 - 2018

    Founder of Motorhood (www.motorhood.in), a digital ecosystem (mobile application and website) to book vehicle maintenance online, request for pick-up and drop and track the real-time progress of an ongoing service. Built a network of 30+ service centers across multiple brands (cars and bikes) and had paying customers but pulled the plug on the venture due to stiff market feedback - no external capital was deployed. Vineet's passion for automotives and problem-solving mindset were the catalysts to this venture and he loves to discuss his experience with those interested to know more!

  • Co- Founder

    2014 - 2017

    Co-founded the start-up involved in Geolocation Marketing, Advertising and Communication.

  • Summer Intern - Investment Banking Division

    2016 - 2016

    Vineet interned in the Real Estate Investment Banking team of Goldman Sachs. During his internship, Vineet was involved in projects to advise clients on a variety of M&A transactions. Besides this, Vineet was also a part of the Goldman Sachs Real Estate Financing Group where he was involved in a transaction where Goldman Sachs lend money to a major Global Real Estate focussed Private Equity. As a part of the internship project, Vineet studied the Indian Banking Industry and suggested a variety of acquisition opportunities for a major Indian bank.

Relevant Websites