Early-stage venture capital fund Sadev Ventures has appointed Ishan Kansal as co-founder and managing partner. Kansal is expected to join the Delhi-headquartered firm early next month and will be based in Bengaluru, signalling the firm’s plans to establish a second office in India.
An alumnus of Indian Institute of Management – Indore, Kansal brings extensive experience across the consumer internet, fintech, insurtech, and investment banking domains, having worked across both operating and growth-stage startup environments.
Kansal joins Sadev Ventures from home services startup Snabbit, where he served as Head of Product, leading product, data, and design for the brand. Prior to Snabbit, he had spent nearly six years at CRED as part of its early team. Earlier in his career, Kansal worked with Paytm and Deutsche Bank across the India and APAC markets.
The appointment comes amid a significant growth phase for Sadev Ventures. The firm is targeting Rs 1,000 crore in funds under management over the next 18-24 months, alongside plans to launch its second equity fund and formally enter the venture debt space.
Founded in 2024 by former BharatPe COO Dhruv Dhanraj Bahl, Sadev Ventures currently manages a corpus of Rs 240 crore and backs early-stage founders building businesses in and from India. Its notable investments include Asaya, Bidso, Atomgrid, Cleevo, Vama, Gladful, Prosperr and Liquide.
The firm’s Limited Partners base include MakeMyTrip founder Deep Kalra, Fixderma founder Shaily Mehrotra, Kotak Mahindra CMO Rohit Bhasin, BharatPe CEO Nalin Negi, and OTP Ventures’ Suhail Sameer, Saurabh Vashishtha, and Kunal Suri.
In a statement, Bahl said, “By integrating Ishan into our leadership, Sadev is substantially bolstering its capacity to identify extraordinary founders, evaluate companies through a pragmatic, operator-focused lens, and furnish critical support as they navigate the essential 0-to-1 and 1-to-10 stages of growth.”
