PeopleFinancial Services
Vinay Singh to exit Fireside Ventures
By Abha Lohia · Editor ·
Bengaluru
- Fireside Ventures is a Bengaluru venture capital firm that backs consumer brands in beauty, food, wellness and lifestyle
- Cofounder and partner Vinay Singh is leaving the firm after nearly ten years, the firm said on Monday
- He plans to spend more time exploring agentic commerce, where AI agents shape how people shop and consume
What happened
- Cofounder Vinay Singh is exiting Fireside Ventures.
- He spent nearly a decade at the firm.
- He worked with founders in beauty, food and wellness.
Why it matters
- He wants to explore agentic commerce.
- He says AI is changing commerce faster than expected.
The business
- Fireside invests in consumer brands from Bengaluru.
The founders
VS
Vinay Singh
Cofounder and partnerWords to know
- Agentic commerce
- Shopping where AI agents act for the buyer.
The numbers around it
Financial Services in November 2026: 4 rounds with a disclosed amount, $166 million in all; the biggest was OnEMI (₹832 Cr). Every sector this year →
Terms in this story
- Co-founder equity: Split equity by what each founder will contribute from now on, not by who had the idea, and attach vesting so that a founder who leaves early does not keep a large share for doing little. In India, founders usually do this through reverse vesting in the shareholders' agreement.
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