CDM Capital
CDM Capital is an early-stage investment firm that engages in early commitments, assists in navigating challenges, and stands steadfastly by your side throughout the entrepreneurial journey. CDM Capital is characterized by a deep appreciation for entrepreneurs and the intricate process of building companies. We work with founders who are solving large scale problems with technology and building the infrastructure for the new economy. Our team along with our network of advisors, most of whom are founders and CEOs of successful companies, give our portfolio companies access to knowledge and perspectives spanning the complete spectrum of building a company.
How We Invest
We invest in founders with conviction. Having been entrepreneurs ourselves, we understand how difficult running a startup can be. We move a step beyond transactional relationships, and focus on creating great support structures to help and empower our founders during the tough times. By fostering a collaborative ecosystem, we aim to catalyze growth, drive innovation, and position our portfolio for long-term success in a rapidly evolving business landscape. We prioritize businesses demonstrating clear market needs, scalable solutions, robust customer bases, and technological innovation.
Stage
We are currently investing out of our first fund CDM Capital Fund 1 mostly at pre-Series A stage. We are easy and flexible - we can write the first cheque, be the lead investor or co-invest with other funds.
Cheque size
Our ticket size is up-to $1 mn. We also draw up from our network of fantastic LPs for co-investments, and can write bigger cheques for larger rounds.
Sectors
We invest in technology startups having founders with relevant industry experience and which solve large market problems. We are sector agnostic, with a preference for Fintech, Health-tech and SaaS businesses.
Preferred Sectors
With a history in founding and scaling health and medical tech companies, our team uniquely guides through India's health tech challenges. Regulatory backing and a preventive healthcare focus strengthen the sector. We value firms showcasing innovation, robust leadership, and strategic healthcare collaborations.
With a history in founding and scaling health and medical tech companies, our team uniquely guides through India's health tech challenges. Regulatory backing and a preventive healthcare focus strengthen the sector. We value firms showcasing innovation, robust leadership, and strategic healthcare collaborations.
With a history in founding and scaling health and medical tech companies, our team uniquely guides through India's health tech challenges. Regulatory backing and a preventive healthcare focus strengthen the sector. We value firms showcasing innovation, robust leadership, and strategic healthcare collaborations.
Our Team
CDM Capital boasts a dynamic team and advisors whose collective expertise spans diverse industries. Comprising seasoned professionals and visionary leaders, our team is committed to identifying and nurturing innovative ventures. With a wealth of experience, they provide invaluable insights and strategic guidance, steering our portfolio companies towards success.
Click here to learn more about our team and advisors.
Portfolio
Mylapay is the first-ever integrated tech-ecosystem for payment acquiring with seamless and intelligent processing.
Click here to learn more about our portfolio and other investments
Media
Careers
We're always looking for great players to join our team. Get in touch with us, or share your details in the form to the right.
Media
Fund 1 Portfolio
Mylapay, a rising fintech spearheaded by a dynamic team of co-founders boasting over 50 years of collective experience in the payment domain. Specializing in payment enablement, Mylapay offers innovative product solutions to optimize the entire card payment cycle. With a goal to redefine the payment processing experience, Mylapay is creating a comprehensive, cloud-based tech ecosystem designed to address end-to-end payment processing needs within a fully automated environment.Founders - Mohan Raj Ravi, Ram Kumar, Santhana Kumar, Sundar Balasubramanian
Location - Chennai, India
Website - mylapay.com
Previous investments before CDM Capital
Card91 offers plug-and-play payment infrastructure as a service for businesses that want to issue, control, view, and approve payments.
Vyome Therapeutics is an innovation driven company, with a vision to develop novel treatments for resistant pathogens
FunctionUp is a YCombinator backed tech company, working in the areas of skilling and hiring.
Juno Clinic is an online platform that helps people get online counseling for emotional and psychological problems from therapists.
Foodstrong is a food and beverage company that manufactures and sells protein powders, shakes, and other health products.
Medfin is a discovery platform for medical processes and financing that helps patients to access surgical treatment procedures.
RG Stone is a chain of urology hospitals for kidney stone treatment.
Whiz League is an ed-tech platform offering online culinary arts and music training programs in India.
Our Team
Davesh Manocha (Managing Partner)
Davesh founded CDM Capital in 2022. He began his investing career more than 15 years ago when he joined Macquarie Group in Singapore for one of their real estate funds. Subsequently he joined Sabre Capital, a mid-market PE fund focused on financial services and healthcare sectors. Over the years, Davesh had invested in 15+ companies from seed stage to late stage. In between he also founded a health-tech company called Juno Clinic, and understands that being a founder of a startup can be hard.Davesh has supported multiple companies that have either already reached successful outcomes or are in path to achieve including RG Stone, Card91, Medfin, Whizleague, FunctionUp, FoodStrong, etc. The founders of his most successful companies had one thing in common: conviction and a clear vision for their business. Davesh graduated from Kurukshetra University with B.Tech in Computer Science and completed his MBA from National University of Singapore Business School.
Ms. Vidhi Jain (Vice President, Investments)
Vidhi has experience across investments, management consulting, and investment banking. She started her career in consulting with Deloitte, after which she worked with an early stage VC fund Artha Ventures as an integral part of the Investment team. More recently, she worked in early stage ventures with HDFC Bank Corporate Investment team. Vidhi has an undergraduate degree in Finance and an MBA from the Cranfield School of Management.
Shiven Khosla (Senior Analyst, Investments)
Shiven Khosla is a senior analyst at CDM Capital, focused on early-stage investments. He brings a solid foundation in financial analysis and risk management from his time at Citibank U.S., where he managed their retail loan book and developed analytics-driven strategies. His investment approach benefits from over a decade of professional chess experience as an International Master. Shiven holds a degree in Applied Statistics from NMIMS.
Saurabh Devendra Singh (Advisor)
Saurabh Singh has served as the Chief Business Officer of Alliance Bernstien in India, and built the India equity business for the globally renowned independent equity brokerage. He has also held leadership positions in Barclays, CLSA and ABN Amro. He also founded and led a media-tech business, 1018mb and grew the business profitably to scale it to 1000+ partnerships with Indian multiplexes. Saurabh did his B. Tech from IIT Delhi and MBA from IIM Ahmedabad.
Anuraag Srivastava (Advisor)
Anuraag is the Chief Executive Officer at Rainshine Entertainment, a leading entertainment company that houses multiple content studios that include Rainshine Studios, Rainshine Animation India and Weirdass Comedy. He previously served as a Partner at Zodius Capital where he led investments in companies like Only Much Louder (OML) and Culture Machine. He was also the COO of WNS, one of the leading BPOs in the world. Anuraag is an MBA from IIM Ahmedabad.
Salil Bhargava (Advisor)
Salil has 25+ years of experience in business & tech leadership roles across several internet and gaming startups and large companies in the US. Ex-CEO of Jump Games, a leading publisher in India. He also acted as the CEO of Zeebo Interactive Studios, a joint venture between Qualcomm and Educomp Solutions. Salil has been an active and a very successful angel investor investing across gaming and consumer businesses.
Jayant Jha (Advisor)
Jayant is the Co-Founder and CEO of Yaantra and one of the most successful startup entrepreneurs in India. He founded Yaantra, an e-commerce platform for repair and refurbishment of mobile phones in 2013. He built the business from scratch and grew it to a scale of Rs. 100 cr + revenues by 2021. In January 2022, Yaantra was acquired by Flipkart In 2019, he was featured by Forbes in the esteemed list of “30 under 30”.
Shom Jagtiani (Advisor)
Shom has over 20 years of experience in investment banking and capital introductions, both in India and the U.S. He is the Founder of Polymath Advisors, a boutique corporate finance firm and has previously also worked with Centrum Capital and All America Finance. He is an active investor in technology start-ups and in CDM Capital. He leads the fundraising practice for CDM and also helps to work with portfolio companies with business development.
Get in touch
HD-106, WeWork Enam Sambhav,
BKC, Bandra East, Mumbai – 400051