Strategic Leadership Expansion
Delhi-based early-stage firm Sadev Ventures has announced the appointment of Ishan Kansal as Co-Founder and Managing Partner. Kansal, an industry veteran with high-profile tenures at CRED and Snabbit, will spearhead the firm’s expansion, including the opening of a second Indian office and the launch of new investment vehicles.
The Firm’s Evolution
Founded in 2024 by former BharatPe COO Dhruv Dhanraj Bahl as Eternal Capital, the firm rebranded to Sadev Ventures in August 2025. With a current corpus of Rs 240 crore, the firm is setting an ambitious target to reach Rs 1,000 crore in assets under management (AUM) within the next 18-24 months.
Key Strategic Objectives
- Diversification: The firm plans to formally enter the venture debt segment.
- New Capital: Preparation is underway for the launch of a second equity fund.
- Expansion: Kansal will lead the charge in establishing a secondary geographic office to deepen the firm’s reach in the Indian ecosystem.
Background on Ishan Kansal
Kansal brings a wealth of experience from the fintech and consumer internet sectors. His resume includes:
- Nearly six years as an early team member at CRED, focusing on payments, lending, and monetization.
- Head of Product at Snabbit, leading data and design functions.
- Prior roles at Paytm and Deutsche Bank.
The firm continues its sector-agnostic strategy, targeting seed to pre-Series A startups with initial cheque sizes between Rs 2 crore and Rs 10 crore, with a portfolio currently including Asaya, Bidso, Atomgrid, and Liquide.