Venture capital firm
Premji Invest portfolio
premjiinvest.comPremji Invest is a venture capital firm based in Doddakannelli, India. It has invested in 50 venture-backed companies across 69 funding rounds on VCMC, and led 30 of those rounds. 14 of them were in the last 12 months.
50
Venture-backed companies
in its portfolio on VCMC
69
Funding rounds
led 30
14
Last 12 months
rounds, Oct 2025 to Sep 2026
30
With a disclosed valuation
of 50 companies
$315.6B
Combined value of its private companies
the whole companies, not what Premji Invest owns
49 private companies Premji Invest has backed have a VCMC valuation; together they are worth $315.6B. That is the value of the whole companies, not what Premji Invest owns. Databricks is 61% of the total. 1 company it backed has since been acquired and is not included. How VCMC values companies.
Values cover private companies only; public companies are not included.
Portfolio
Full Premji Invest portfolio (50 companies)
50 companies.
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Databricks Tech Companies · since Growth, 2026 | Growth Equity Aug 2026 $5.00B | $193.6B | $165.2B – $240.4B | $209.0B (+8%) | $18.8B | 0% | 17,130 | growing | A | |
| 2 | Devoted Health Insurance - Agents, Carriers & Brokers · since Series B, 2018 | Series F Nov 2025 $48M | $18.0B | $11.5B – $20.8B | $18.1B (+1%) | $2.0B | 0% | 2,371 | up | A | |
| 3 | Baseten Software Development Services · since Series D, 2025 | Series F Jun 2026 $1.50B | $14.7B | $11.3B – $21.5B | $18.7B (+27%) | $2.1B | 0% | 419 | growing | B | |
| 4 | Applied Intuition Tech Companies · since Series F, 2025 | Series F Jun 2025 $600M | $20.9B | $13.7B – $24.0B | $20.9B (0%) | $2.3B | 0% | 1,625 | growing | A | |
| 5 | Adani Airport Holdings Transportation & Shipping · since Growth, 2026 | Growth Equity Sep 2026 $1.00B | $9.8B | $6.3B – $16.2B | $10.6B (+9%) | $1.1B | 0% | 3,599 | up | B | |
| 6 | Runway Tech Companies · since Series E, 2026 | Series E Feb 2026 $315M | $5.8B | $4.6B – $6.9B | $5.5B (-5%) | $758M | 51% | 73 | flat | A | |
| 7 | Sysdig Tech Companies · led at Series F, 2021 | Series G Dec 2021 $350M | $717M | $215M – $3.7B | $708M (-1%) | $362M | 82% | 558 | down | D | |
| 8 | Enveda Biotechnology · led at Series C, 2024 | Series E Sep 2026 $311M | $2.0B | $1.7B – $3.0B | $2.6B (+27%) | $286M | 0% | 381 | up | A | |
| 9 | Poolside Software Development Services · since Series B, 2024 | Series B Oct 2024 $500M | $6.1B | $3.7B – $7.0B | $6.1B (0%) | $669M | 0% | 330 | growing | B | |
| 10 | Kriya Therapeutics Biotechnology · led at Series D, 2025 | Series D Sep 2025 $320M | $4.7B | $2.4B – $7.3B | $4.3B (-8%) | $566M | 28% | 194 | flat | B | |
| 11 | Snapdeal Online Marketplace · since Growth, 2015 | Growth Equity May 2017 $17M | $526M | $87.4M – $3.2B | $526M (0%) | – | 0% | 3,416 | flat | D | |
| 12 | Icertis Tech Companies · led at Series E, 2019 | Growth Equity Mar 2025 $50M | $744M | $248M – $1.2B | $730M (-2%) | $55.1M | 10% | 2,417 | flat | C | |
| 13 | Purplle Cosmetics Stores · since Series E, 2022 | Series F Oct 2024 $180M | $1.8B | $1.2B – $2.0B | $1.3B (-28%) | $222M | 0% | 1,880 | growing | A | |
| 14 | KreditBee Loans & Financing · led at Series C, 2021 | Series E Apr 2026 $280M | $1.7B | $1.3B – $2.3B | $2.0B (+14%) | $251M | 0% | 1,905 | up | A | |
| 15 | Tech Companies · since Series D, 2024 | Series E Oct 2025 $150M | $2.8B | $1.7B – $3.2B | $2.8B (0%) | $303M | 0% | 852 | growing | A | |
| 16 | Tech Companies · led at Series C, 2024 | Series C Nov 2024 $200M | $2.9B | $1.7B – $3.3B | $2.9B (0%) | $317M | 0% | 2,415 | up | B | |
| 17 | Tech Companies · since Series E, 2014 | Growth Equity Jun 2022 $115M | $194M | $126M – $553M | $155M (-20%) | $136M | 97% | 328 | shrinking | C | |
| 18 | Tech Companies · led at Series B, 2021 | Series C Jan 2022 $100M | $191M | $36.9M – $867M | $181M (-5%) | $71.3M | 66% | 430 | down | D | |
| 19 | Tech Companies · led at Growth, 2022 | Series D Dec 2024 $38M | $267M | $160M – $542M | $168M (-37%) | $54.6M | 97% | – | shrinking | C | |
| 20 | Tech Companies · led at Series B, 2026 | Series B Mar 2026 $55M | $328M | $217M – $456M | $396M (+21%) | $43.6M | 0% | 184 | growing | B | |
| 21 | Tech Companies · since Series B, 2024 | Series B Oct 2024 $45M | $357M | $124M – $634M | $246M (-31%) | $53.7M | 45% | 122 | down | C | |
| 22 | Tech Companies · since Series C, 2024 | Series C Dec 2024 $38M | $192M | $107M – $424M | $121M (-37%) | $39.8M | 97% | 195 | shrinking | C | |
| 23 | Tech Companies · led at Series A, 2023 | Acquisition May 2026 | $201M acquired 2026 | $47.0M – $389M | – | – | 23% | 137 | up | D | |
| 24 | Biotechnology · since Series B, 2026 | Series B Jun 2026 $7.3M | $57.1M | $34.3M – $102M | $65.0M (+14%) | $8.60M | 38% | 25 | flat | B | |
| 25 | Tech Companies · led at Series D, 2018 | Series E Apr 2021 $205M | $1.0B | $119M – $1.8B | $995M (-4%) | $215M | 19% | 491 | flat | D | |
| 26 | Tech Companies · since Series B, 2025 | Series C Nov 2025 $126M | $5.1B | $3.0B – $5.9B | $5.1B (+1%) | $565M | 0% | 356 | growing | B | |
| 27 | Loans & Financing · led at Series D, 2023 | Series E Dec 2024 $180M | $1.3B | $879M – $1.5B | $1.3B (0%) | $160M | 0% | 1,394 | growing | A | |
| 28 | Tech Companies · since Series C, 2025 | Series C Apr 2025 $153M | $819M | $522M – $1.4B | $520M (-36%) | $145M | 97% | 39 | shrinking | B | |
| 29 | Tech Companies · led at Series A, 2026 | Series A Jan 2026 $200M | $1.7B | $869M – $2.2B | $2.0B (+18%) | $273M | 0% | 247 | growing | B | |
| 30 | Tech Companies · led at Series F, 2015 | Growth Equity Feb 2020 $80M | $397M | $45.0M – $1.1B | $397M (0%) | $88.0M | 29% | 411 | flat | D | |
| 31 | General Retail & Merchandise · led at Series A, 2021 | Series C Sep 2025 $11M | $99.3M | $53.9M – $155M | $86.1M (-13%) | $14.4M | 47% | 251 | flat | B | |
| 32 | Laboratory Equipment & Supplies · led at Series B, 2024 | Series C Jun 2026 $76M | $757M | $454M – $1.4B | $897M (+19%) | $98.7M | 0% | 130 | growing | B | |
| 33 | Loans & Financing · since Series F, 2024 | Growth Equity Mar 2026 $96M | $1.2B | $774M – $1.7B | $1.2B (+5%) | $125M | 0% | 3,216 | up | B | |
| 34 | Tech Companies · led at Series G, 2021 | Series G Jun 2021 $200M | $4.5B | $723M – $6.5B | $4.3B (-6%) | $717M | 5% | 1,524 | up | D | |
| 35 | Payment Processing & Point of Sale · led at Series C, 2018 | Series C Feb 2018 $71M | $197M | $36.0M – $838M | $197M (0%) | $92.3M | 59% | 118 | flat | D | |
| 36 | Psychiatrists & Psychiatric Hospitals · led at Series C, 2021 | Series C Jul 2021 $150M | $1.8B | $243M – $2.5B | $1.7B (-2%) | $257M | 0% | 1,299 | up | D | |
| 37 | Decorators & Interior Designers · since Growth, 2025 | Growth Equity Oct 2025 $170M | $1.9B | $1.1B – $2.9B | $1.9B (0%) | $200M | 0% | 253 | growing | B | |
| 38 | Biotechnology · led at Series C, 2026 | Series C Sep 2026 $75M | $688M | $448M – $1.2B | $751M (+9%) | $97.5M | 59% | 96 | flat | B | |
| 39 | Hosting & Cloud Infrastructure Providers · since Series C, 2026 | Series C Oct 2026 $66M | $1.0B | $869M – $1.5B | $1.3B (+30%) | $143M | 0% | 65 | growing | A | |
| 40 | Investment Consultants & Financial Advisors · led at Series B, 2024 | Series C Oct 2025 $39M | $441M | $238M – $626M | $441M (0%) | $55.8M | 0% | 655 | up | B | |
| 41 | Food Production · since Series B, 2017 | Private Equity Jan 2026 $166M | $794M | $89.3M – $1.6B | $752M (-5%) | $145M | 0% | 769 | up | D | |
| 42 | Tech Companies · led at Series A, 2023 | Series B Feb 2025 $54M | $464M | $157M – $671M | $455M (-2%) | $60.8M | 6% | 343 | flat | C | |
| 43 | Furniture Stores · led at Series C, 2024 | Series C Dec 2024 $43M | $455M | $155M – $645M | $455M (0%) | $57.5M | 0% | 988 | flat | C | |
| 44 | Tech Companies · led at Growth, 2026 | Growth Equity Oct 2026 $31M | $347M | $228M – $589M | $387M (+12%) | $34.8M | 0% | 66 | growing | B | |
| 45 | Learning, Tutoring & Courses · led at Growth, 2021 | Growth Equity Nov 2021 $51M | $171M | $14.8M – $322M | $171M (0%) | $31.9M | 0% | 40 | flat | D | |
| 46 | Clothing Stores · led at Growth, 2014 | Growth Equity Feb 2014 $50M | $1.3B | $212M – $7.7B | $1.3B (0%) | – | 0% | 17,903 | flat | D | |
| 47 | Watches & Jewelry Stores · led at Series B, 2023 | Series B Jul 2023 $33M | $523M | $252M – $602M | $523M (0%) | $66.2M | 0% | 1,682 | growing | B | |
| 48 | Furniture Stores · led at Series B, 2022 | Series B Nov 2022 $21M | $294M | $93.7M – $544M | $294M (0%) | $45.2M | 0% | 949 | growing | C | |
| 49 | Tech Companies · led at Series B, 2022 | Series B Feb 2022 $12M | $99.4M | $10.6M – $126M | $93.1M (-6%) | $16.0M | 7% | 306 | up | D | |
| 50 | Tech Companies · since Seed, 2022 | Seed Sep 2022 $4.0M | $33.0M | $7.14M – $76.5M | $31.4M (-5%) | $8.00M | 28% | 45 | growing | D |
Valuation: VCMC's valuation with its range, from a low to a high scenario; a company with no valuation shows a dash, one acquired after its last round its last value as a private company.
Activity
How Premji Invest invests: stages, industries and countries
Most of its rounds are Series C and later (71%). Its companies span 20 industries, most in Tech Companies, Biotechnology and Loans & Financing, across 3 countries.
Rounds by stage
- Seed 1
- Series A 4
- Series B 15
- Series C and later 49
Investments by industry
- Tech Companies 24
- Biotechnology 4
- Loans & Financing 3
- Furniture Stores 2
- Software Development Services 2
- Clothing Stores 1
- Cosmetics Stores 1
- Decorators & Interior Designers 1
Investments by country
- United States 33
- India 16
- Singapore 1
Recent rounds
Premji Invest's latest investments
Premji Invest's most recent funding rounds, newest first. 14 rounds in the last 12 months.
- Series C $66M 21 Oct 2026
- Growth, led $31M 5 Oct 2026
- Series C, led $75M 24 Sep 2026
- Enveda Series E $311M 23 Sep 2026
- Adani Airport Holdings Growth $1.00B 9 Sep 2026
- Databricks Growth $5.00B 13 Aug 2026
- Series B $7.3M 13 Jun 2026
- KreditBee Series E $280M 8 Apr 2026
- Series B, led $55M 24 Mar 2026
- Runway Series E $315M 10 Feb 2026
Co-investors
Premji Invest's top co-investors
The investors that most often join the same rounds as Premji Invest. Andreessen Horowitz leads, with 9 rounds together.
- Andreessen Horowitz 9 rounds together
- Accel 8 rounds together
- General Catalyst 8 rounds together
- DFJ Growth 6 rounds together
- Meritech Capital 5 rounds together
- 5 rounds together
- Kleiner Perkins 5 rounds together
- B Capital 5 rounds together
- Bain Capital Ventures 5 rounds together
- Salesforce Ventures 4 rounds together
About
About Premji Invest
PI Investment Advisory LLP, known as Premji Invest, is an Indian limited liability partnership engaged in for-profit investing, with a focus on long-term growth and the development of companies in sectors such as consumer, financial services, healthcare, and industrials. The company operates in both India and the United States, providing investment advisory services, growth equity, public markets, and early-stage investments. Premji Invest also supports philanthropic initiatives through its investments and partnerships, and is involved in buyouts and mergers and acquisitions.
Description from Veridion's company data.
- Based in
- Doddakannelli, India
- Team
- 15 people, +15% in a year
- Type
- Venture capital firm
Focus markets
- Financial Services
- Healthcare
- Consumer Goods
- Industrials
- Technology
What Premji Invest offers
- Investment Management Services
- Growth Equity Investment Services
- Early-Stage Investment Services
- Public Markets Investment Services
- Mergers and Acquisitions Execution Services
- Philanthropic Partnership Development Services
- Entrepreneurial Ecosystem Development Services
- Technology Sector Investment Services
Questions
Premji Invest: frequently asked questions
How many companies has Premji Invest invested in?
50 venture-backed companies on VCMC, across 69 funding rounds.
What are Premji Invest's most valuable private companies?
Databricks ($193.6B), Applied Intuition ($20.9B), Devoted Health ($18.0B), by VCMC's valuation.
What was Premji Invest's latest investment?
Blacksmith, a Series C round in Oct 2026 of $66M.
Which stages does Premji Invest invest in?
Premji Invest invests most often at Series C and later (49 rounds), followed by Series B (15) and Series A (4). It has also joined 1 seed round.
What is Premji Invest's portfolio worth?
Its private companies with a VCMC valuation are worth $315.6B together. That is the sum of the companies' values, not what Premji Invest owns.
Who does Premji Invest invest alongside?
Andreessen Horowitz (9 rounds), Accel (8 rounds), General Catalyst (8 rounds).