We invest across pre-seed to Series A out of our first fund, CDM Capital Fund 1.
CDM Capital
CDM Capital is an early-stage investment firm dedicated to investing in transformative technology. Our mission is to support founders who harness technology to address significant challenges and build the infrastructure for a new economy. We strive to guide entrepreneurs through obstacles and provide steadfast support, maximizing their potential during the ritical early stages of their entrepreneurial journey.We hold a deep respect for entrepreneurs and recognize the complexities involved in building companies, as our entire team and board of advisors are seasoned operators themselves. Their invaluable insights and expertise are instrumental in assisting our founders at every stage of growthOur investment approach is characterized by:
Commitment to Founders: We prioritize relationships that go beyond mere transactions, focusing on creating robust support structures that empower our founders during challenging times.
Collaborative Ecosystem: By fostering a collaborative environment, we aim to catalyze growth, drive innovation, and position our portfolio companies for long-term success in an ever-evolving business landscape.
How We Invest
At CDM we prioritize fundamentals – over fleeting trends. Our investment philosophy is rooted in identifying and supporting businesses with strong foundations, clear market needs, scalable solutions and robust customer bases
Preferred Sectors
With deep experience in the finance ecosystem, our team excels at navigating the complexities of India’s Fintech sector. The industry is propelled by progressive regulations and a growing push for financial inclusion.
We seek out firms that drive innovation, showcase strong leadership and form impactful partnerships across lending, payments, insurance, wealth management, neobanking and embedded finance.
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’s extensive experience in the software industry positions us to identify and support transformative opportunities in the SaaS ecosystem.
Rising digital adoption and the global shift toward cloud-based solutions are fueling sector growth. We prioritize companies with cutting-edge technology, visionary leadership and a proven ability to deliver scalable, cross-industry solutions while fostering strategic 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.
Board of Advisors
Click here to learn more about our team and advisors.
Portfolio
Credresolve is a full-stack collections platform built for the modern era—combining AI- driven decisioning with a field force of over 800 agents.
Kosh is a digital lending platform targeting credit-starved, blue-collar workers in smaller towns.
Mylapay is the first-ever integrated tech-ecosystem for payment acquiring with seamless and intelligent processing.
Media
FAQs
We’re flexible—happy to lead or co-invest.
Our ticket size is up to $1M, with flexibility to tap into our broader network for larger rounds.
Though our preferred sectors are FinTech, HealthTech and SaaS, we are sector agnostic by mandate.
We back founders with deep market insight, a clear strategic vision and the relentless drive to build.
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.
Fund 1 Portfolio
Credresolve is a full-stack collections platform built for the modern era—combining AI- driven decisioning with a field force of over 800 agents. The founding team brings deep experience in fintech, having previously built and scaled lending infrastructures. With its
“phygital” model, Credresolve delivers end-to-end recovery solutions across all stages of delinquency, driving higher recoveries with operational efficiency for unsecured lending.Founders - Balaji Koustubha, Vijay Kumar, G Prasanth
Location - Bengaluru, India
Website - credresolve.com
Kosh is a digital lending platform targeting credit-starved, blue-collar workers in smaller towns. Led by a founding team with strong business acumen, operational excellence and deep technical expertise, Kosh delivers JLG loans through a vernacular-first app—solving for
scale, speed and inclusion where legacy MFIs have lagged.Founders - Sahil Bansal, Aayush Goel
Location - Mumbai, India
Website - getkosh.com
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.
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.
Board of Advisors
Saurabh Devendra Singh
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
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
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
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
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
CDM Partners Advisors LLP
HD-106, WeWork Enam Sambhav,
BKC, Bandra East, Mumbai – 400051
HD-106, WeWork Enam Sambhav,
BKC, Bandra East, Mumbai – 400051