Fund managed
| Fund name | Asset class – category |
| Enzia Investment Trust | Venture capital |
About
Enzia Ventures LLP is a Limited Liability Partnership firm incorporated on 01 August 2019. It is registered at Registrar of Companies, Mumbai with an authorized share capital of Rs. 0. Its total obligation of contribution is Rs. 30,000. The company has 0 directors/key management personal. Designated Partners of Enzia Ventures LLP are Namita Dalmia, Karuna Jain and Jayshree Kanther Patodi.
Key staff
Jayshree Kanther Patodi – Jayshree brings a unique blend of operating and investing expertise in healthcare.Prior to Enzia, Jayshree was part of the senior leadership team and responsible for merger integration at the India office of IHH Healthcare Berhad, Asia’s largest hospital chain. Prior to that, she worked at Khazanah Nasional, sovereign wealth fund of Malaysia, where she led healthcare and sustainable development and helped establish Khazanah’s office in India. In addition, Jayshree has worked with McKinsey as a consultant.Some of her portfolio companies include Apollo Hospitals, Dr Reddy’s Laboratories, Lupin, IPCA and IHH Healthcare Berhad. As the lead for sustainable development in India, Jayshree also scanned the renewable energy and waste sector for Khazanah, carried out diligence, and has been tracking the evolution of regulations and venture plays in the field.Jayshree has cultivated a vast network of experts, corporate leaders and technologists. She brings this network to Enzia Ventures across sourcing and portfolio support.She is an Engineer from IIT Bombay and an MBA from ISB, Hyderabad. Jayshree has played hockey at the national level and co-founded a local organization towards active citizenship.
Namita Dalmia – Namita brings deep expertise in the intersection of policy, innovation, and technology in education and leads the EdTech narrative in India. Prior to joining Enzia, Namita worked for Omidyar Network India where she led thesis, strategy and investment in education. Namita’s investment portfolio includes companies such as WhiteHat Jr., Vedantu, Doubtnut, Uolo and Masai School. Starting her education career with policy research at National Knowledge Commission, she developed deep insights into India’s education policies and ground realities across the country. At Central Square Foundation, where she was a founding member, she incubated and launched several EdTech initiatives, as well as supported central and state governments on their EdTech platforms and policies. Namita’s varied experience across policy and investing has helped her obtain a deep understanding of multi-stakeholder interaction. She brings this combination to investment and ecosystem strategy at Enzia. Namita is an engineer from IIT-B and holds an MBA from Stanford Graduate School of Business, USA.
Karuna Jain – Karuna has extensive experience and expertise in early-stage impact and private equity investing in healthcare and renewables. Prior to Enzia, she worked in senior positions at Acumen, Aditya Birla Group and Grasim Industries. At Acumen, she drove their investments in healthcare at a global level, managed a portfolio of 25 companies, and helped create an ecosystem for tech startups in healthcare, agriculture and environment. At Aditya Birla Group and Grasim, Karuna handled multiple roles in finance and corporate governance, including working on large M&A transactions and restructuring business. Karuna has been a member on the boards of several of Acumen’s portfolio companies including Life Spring Hospitals, Frontier Markets, Edubridge Learning Systems, and Sewa Grih Rin. Other companies she worked with include Health cubed, Ayurvaid, and Husk Power Systems. Karuna’s experience has helped her gain deep rooted insights into India II and III markets, consumer behaviours and cross-sectoral investing. She combines these insights with her eye for detail and proficiency in working with founders to help Enzia’s portfolio companies build strategy and value. Karuna is a CA and holds an MBA from ISB, Hyderabad.
Investment philosophy
Enzia brings a focused and disciplined approach to investing which gives it both an ability to identify the real winners and amplify the success of these winners. Enzia helps early-stage technology companies in health, education and environment sectors go from a product to a company with a vision, strategy and execution plan. We like companies which are building to solve real problems by integrating into existing workflows/ behaviour patterns or simplifying them. Companies which can build the right balance between consumer-customer/decision maker-payer, between leverage-amplification-rationalization are interesting to us.
Media
Pregnancy health app iMumz raises $300K from Enzia Ventures
iMumz a pregnancy app, a lifestyle expert and a senior obstetrician had received funding of around $300K from Enzia ventures, Titan capital, Angel list.
Karuna Jain, partner, Enzia Ventures, said “we are glad to have invested in iMumz as modern applications are filling gap with the much-required wellness awareness.”
Analyst questions
- Could you tell us more about your investment philosophy?
Prepared by – Saloni Jajoo, September 2021
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