Samyakth Capital, one of India’s earliest hybrid growth funds that invests in emerging asset classes, has recently launched Samyakth Labs, with the prime intent to grow and back unique early-stage FinTech startup ideas with cheque size upto 300k USD.

The vision for Samyakth Labs is to foster these companies, and enable complete financial empowerment and technological advancement across all verticals. This will enable them to become a major part of India’s growth story in the global FinTech ecosystem.

A hybrid fund usually invests at a very early stage (Seed/Pre-Series A) as equity investors. Following this, they provide debt fund via structured debt transactions, which are aimed at rapid growth and expansion to help portfolio companies achieve their respective milestones.

Samyakth Capital also has its own NBFC, which is active in the tech-enabled lending space. Over the years, the Samyakth Capital team has developed a robust network of FinTech startups who have expertise in problem-solving in several aspects of FinTech, such as lending, payments, banking, wealth management etc.

Furthermore, 40% of Samyakth Capital’s portfolio comprises of FinTech companies such as BharatPe, HomeCapital, Liquiloans, GetVantage, Hotify, OTO Capital and FloBiz.

“While navigating the FinTech domain through my years of investing, I quickly came to realise the importance of helping startups with not just equity, but also with their debt. Having my own NBFC makes it possible to be both an equity and debt partner for Samyakth Capital. This combined offering works to boost the growth journey of any startup, and especially ones in the FinTech domain. With our valuable global network of stakeholders and partners, and our ability to provide business expansion opportunities, we nurture our portfolio companies and put them on the path of exponential growth.” says Aalesh Avlani, Co-Founder, Samayakth Capital.

At Samyakth Labs, our associated companies will receive growth capital and access to an in house NBFC, along with guidance from a strong community of founders and CXOs who will support and advise these startups. Along with validating their ideas, Samyakth Labs will help develop a viable business model and provide networking and scaling opportunities. The startups will also get technical support, help with accounting/legal/HR activities, and access to Samyakth Capital’s VC partner ecosystem. Companies that are slightly more advanced in their funding journey will benefit from business expansion support as well as corporate connections from our network.

The Samyakth Labs team will look for FinTech startups that may enable established/ incumbent institutions to move away from their contemporary products and source new revenue models. Startups which are leveraging government initiatives like OCEN and Account Aggregator, offering solutions for tier 2 and 3 cities and are globally scalable with customizable models, as well as consumer lending, will also be on our radar.

India has the world’s second largest unbanked population, and only 4 unicorns out of the 21 from our country have been from the FinTech industry. Out of these, 3 have been primarily from the payments space. This goes to show just how underserved the market is, and how expansive the opportunity is for founders in this space.

“With Samyakth Labs, we wish to create a platform that stimulates the growth of FinTech startups and provides them with all the ammunition needed to become potential industry leaders and category defining businesses.” Says Anuj Golecha, Co- founder, Samyakth Capital.

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