People · Professional & Local Services
Ishan Kansal joins Sadev Ventures as co-founder
By Startup Enthusiast ·
- Date
- Company
- Sadev Ventures
- What it does
- Early-stage venture capital firm
- Kind
- People
- Based in
- Bengaluru
- Founded
- 2024
What they do
Sadev Ventures is an early-stage VC firm investing in seed to pre-Series A startups
What happened
Ishan Kansal has been named co-founder and managing partner, joining in June 2026
Why it matters
Kansal previously led product at Snabbit and spent nearly six years at CRED
The details
- Ishan Kansal has been appointed as Co-Founder and Managing Partner at Sadev Ventures.
- He will join the firm in early June 2026 and be based in Bengaluru.
- His role includes setting up Sadev's second India office in Bengaluru.
- Kansal was previously Head of Product at home services startup Snabbit.
- At Snabbit, he led product, data, and design functions.
- Before Snabbit, he spent nearly six years at CRED as an early team member.
- At CRED, he worked across payments, lending, insurance, deposits, user growth, and monetisation.
- Kansal also worked at Paytm and Deutsche Bank across India and APAC markets.
The bigger picture
- Sadev Ventures was founded in 2024 by Dhruv Dhanraj Bahl, former COO of BharatPe.
- The firm was originally named Eternal Capital.
- Sadev currently manages a corpus of Rs 240 crore (approx $25 million).
- The firm aims to cross Rs 1,000 crore in assets under management in 18-24 months.
- Kansal's appointment strengthens Sadev's ability to identify founders and support 0-to-1 and 1-to-10 growth stages.
About the business
- Sadev Ventures is an early-stage venture capital firm.
- It is sector-agnostic and invests from seed to pre-Series A stages.
- The firm's typical cheque size ranges from Rs 2 crore to Rs 10 crore per startup.
- Sadev plans to launch a second equity fund and enter the venture debt segment in 18-24 months.
- Its portfolio includes startups such as Asaya, Bidso, Atomgrid, Cleevo, Vama, Gladful, Prosperr, and Liquide.
- Limited partners include MakeMyTrip founder Deep Kalra, Fixderma founder Shaily Mehrotra, Kotak Mahindra CMO Rohit Bhasin, BharatPe CEO Nalin Negi, and others.
What happens next
- Sadev plans to launch a second equity fund over the next 18-24 months.
- The firm also plans to enter the venture debt segment in the same period.
- It aims to cross Rs 1,000 crore in assets under management within 18-24 months.
The deal
- Type
- appointment
Founders
- Ishan Kansal, Co-Founder and Managing Partner
- Dhruv Dhanraj Bahl, Founder and Managing Partner
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