Kartik Srivatsa

Managing Partner at Aspada

📍 India🔄 Updated September 2026💼 11 investments📅 11 years investing🗓 Last invested Jun 2021
VC🌍 India
11
Total investments
3
Early stage
5
Mid stage
2
Late stage
11y
Years active

Portfolio

11 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Board Member
Jun 2021
Yubi Group is the world’s only AI-powered operating system (OS) for financial services, founded in 2020 by CEO Gaurav Kumar. At its core is YuVerse, an applied AI suite powering four specialized companies - Yubi, YuVerse, Accumn, Spocto X, and YuCollect - that together deliver end-to-end AI-based solutions in lending, underwriting, and collections. Backed by leading investors including Peak XV, Insight Partners, Lightspeed, B Capital Group, Dragoneer, and TVS Capital, Yubi has facilitated over ₹3.2 lakh crore in credit and 3.5 crore transactions, serving 17,000+ enterprises and 6,200+ investors & lenders while reducing collections costs by 57%. The company is redefining transparency, compliance, and performance across India’s financial services sector. Join us on this journey to #MakeGreatHappen.
Board Observer
Oct 2020
Founded in 2013 by Manan Khurma, Cuemath is an ed tech company focused on math learning for K-12 students. Our mission is to make the world’s children great at math, and create invincible problem-solvers who will go on to solve humanitys greatest problems. Were gearing up for a phase of growth and are looking for passionate folks who will help Cuemath nurture #1BillionMathMinds. Our proprietary tech platform, empathetic and customer-centric workforce, and dedicated teachers teaching the Cuemath way are integral to our success and growth plans. Our award-winning curriculum has been developed by experts from Harvard, Stanford, Cambridge and IIT. The Cuemath way has found resonance all over the world - our students come from over 70 countries and we are backed by marquee investors such as Alpha Wave, Sequoia, Lightrock, Manta Ray and Capital G. Our culture is built on six fundamental values - the pursuit of excellence, empathy, versatility, passion, integrity and fun. We believe in openness, meritocracy and fostering an environment that helps you build your best self.
Investor/ Board Member
Aug 2020
Launched in 2015, PharmEasy is a consumer healthcare “super app.” Started with the sole purpose of making healthcare accessible and affordable to all, PharmEasy today is Indias leading and most trusted online healthcare aggregator in the country. We provide on-demand, home-delivered access to a wide range of prescription pharmaceuticals, diagnostic test services, OTC pharmaceuticals, other consumer healthcare products, thereby serving your healthcare needs. Thus, through our services, we ensure you get access to the best and most genuine health products, with the highest savings in the shortest time possible. Today, we deliver medicines in 1000+ cities in India, covering 19000+ pin codes. We offer diagnostic test services across Mumbai, including Thane, Navi Mumbai, Kalyan & Dombivali, Delhi with Noida, Gurgaon, Faridabad & Ghaziabad, Chennai, Pune, Ahmedabad, and Gandhi Nagar, Surat, Vadodara, Lucknow, Kolkata, Hyderabad, Bengaluru, and Jaipur.
Board Member
Apr 2020
Vivriti Capital is a fintech NBFC that aims to bring necessary debt finance to hundreds of mid-market enterprises across India. Pioneers in deepening the under-penetrated market and building appetite toward mid-market enterprises, Vivriti manages a portfolio of INR 8800+ Cr across 300+ enterprises and 45+ sectors. In the last six years, Vivriti has built significant expertise and a robust business model through specialized technology, curated products, multi-level underwriting, superior portfolio management and highly effective distribution. With a highly varied product suite, Vivriti enjoys 90%+ client retention and has delivered these unparalleled numbers in the most challenging macro environment that India has seen.
Board Observer
Feb 2020
Porter is more than just a logistics company. Our purpose of moving a billion dreams, one delivery at a time is at the core of everything we do as we strive to reshape the future of the industry, driving innovation and creating impactful journeys for our Porterites and beyond. Nurturing Growth, Inspiring Leadership At Porter, we embody the spirit of Own It in every aspect of our journey. As the fastest-growing player in last-mile logistics, weve expanded our presence domestically and internationally across numerous cities. Our fleet size boasts over 7.5 million dedicated driver partners, serving a loyal base exceeding 15 million customers. Porter stands as a beacon of sustainable growth and excellence, leading by example with our unwavering commitment to dreaming big and inspiring others. We redefine the boundaries of whats possible, setting the stage for exceptional leadership and industry innovation. Building Trust Through Strategic Investments Our journey is powered by innovation and agility, supported by substantial investments from industry-leading backers. With over $150 million in funding from esteemed partners such as Sequoia Capital, Kae Capital, Mahindra Group, LGT Aspada, Tiger Global, and Vitruvian Partners, were leveraging technology to enhance efficiency and foster innovation. This investment underscores our dedication to staying ahead in the dynamic world of last-mile logistics. Embodying our core value of Keep Moving, we remain nimble and adaptable to evolving challenges and opportunities. In Tech, We Trust Technology is our driving force at Porter. We proudly stand at the forefront of technology innovation, shaping the future of last-mile logistics in a sector ripe for transformation. Technology serves as the chief disruptor, enabling us to discover demand and supply at unprecedented scales. Through our products, we set new standards for real-time fulfillment, ensuring high utilization for our driver partners and cost efficiency
Board Member
Feb 2020
​Headquartered in Gurgaon, ​Aye Finance is a new-age finance company providing business loans to ​​small and micro enterprises across India​. ​Since 2014 we have continued to​ chart an exciting growth path in this under-banked segment while maintaining a high benchmark for credit quality​​. These millions of profitable small and micro businesses are, essentially, locked out of the financial system. We believe we can overcome this financing challenge and unlock a massive business opportunity while creating a transformative social impact. Our team brings together the best of many worlds – sound business practices, deep understanding of the micro-enterprise environment, high achievement orientation and a passion for delivering socio-economic growth. We believe in building solutions, automation and processes that address the challenges that have typically stymied the financial industry. Aye Finance is dedicated to working with the most relevant technology to facilitate better financial inclusion and to consequently serve micro-enterprises across the country in a more holistic manner. Ultimately, at Aye Finance, we believe in people - whether it’s the entrepreneurs we serve, our investors or our own employees. We’re, both, a great place to work with and work for. #SayAyetoGrowth
Investor/ Board Member
Aug 2019
AmpIn Energy Transition is India’s leading renewable energy transition platform with a total portfolio of ~3GW spread across 15 states in the country. Headquartered in New Delhi with regional offices in Mumbai, Bangalore & Kolkata, AmpIn provides clean and green energy solutions to C&I and utility customers. We currently offer green power to 60+ marquee customers across 10+ Sectors such as Pharma, Auto, Data Centers/IT, FMCG, Cement, Infra, Education, Heavy Industry, Govt etc. leading to a well-balanced portfolio. Some of these customers are amongst country’s leading corporates such as Skoda Auto Volkswagen India, Cipla, Bharti Airtel, Britannia, AB InBev, Tata Hitachi, Orient Cement, L&T Metro Rail, Hewlett Packard Enterprise to name a few. AmpIn believes in building long-term relationship with its customers & act as a One Stop Shop for Energy, providing sustainable solutions across different geographies & technologies such as Solar, Wind, Hybrids, Storage & Energy Management. This helps the customers in reducing their overall energy costs & mitigating their carbon footprint. AmpIn has developed a clear roadmap & has the ability to offer a complete end to end solution of taking the customer to 100% RE. Moreover, is adept at providing sustainable solutions to meet short-term, medium-term & long-term requirements. AmpIn is backed by institutional & strategic investors from across the world & this global presence provides an edge in the solutions offered & ensures highest ESG (IFC standards) & corporate governance standards. AmpIn has an industry leading team with a strong track record of developing renewable energy projects in India & globally and this gives us the unique capability to straddle Utility Scale RE projects, Power Markets & C&I RE projects in India & beyond.
Board Member
Apr 2019
WayCool Foods is India’s largest and fastest-growing agri-commerce company. Focusing on food development and distribution, the company leverages innovative technology to scale and operate a complex supply chain from soil to sale. Through its farmer engagement program - Outgrow, WayCool works with 85000+ farmers. WayCool operates a full stack, broadline product range across multiple channels and categories such as fresh produce, staples, and dairy, serving over 1,00,000 clients in the general trade, modern trade, and food services space. WayCools consumer brands basket consists of Madhuram, KitchenJi, Lexotique, and Freshey’s, to name a few.
Board Member
Feb 2019
Ummeed Housing Finance Private Limited (Ummeed) is a housing finance company registered with National Housing Bank (NHB) under National Housing Bank Act, 1987. Managed by a team of experienced professionals, we work with a common motive of providing home loans and loan against property to lower & middle income Indian families. Ummeed aims to undertake several steps to help people with informal incomes, who have limited access to organized finance and who constitute significant portion of the Indian population: # Exclusive focus on low & middle income segment # Total family income to be considered for loan eligibility # Specialized assessment as per the borrower’s business/trade # Income documents not an hindrance for calculating loan eligibility # Door step service and fast processing Our customer needs are varied and so we at Ummeed take exceptional care to understand and offer customized home loans, ranging from INR 3 to 50 lakhs, to suit those needs. These loans can be used for purchase of apartments, construction of homes, home improvements, home extensions and availing loans against property.
Investor/Observer
Mar 2016
Now launching #DunzoDaily - the 19 minute grocery delivery experience in #Delhi #Gurgaon #Noida #Hyderabad #Mumbai #Chennai #Pune and #Bangalore. ⚡ Dunzo is an all-in-one 24X7 delivery platform, that picks and delivers anything and everything within the city while guaranteeing super-quick deliveries. Our Services include the delivery of packages, groceries, food, medicines, pet supplies, and more. Founded and headquartered in Bengaluru, Dunzo was incorporated in 2015. From the humble beginnings of a Whatsapp group, Dunzo has consistently proved its mettle as a convenience app and has grown from strength to strength. Currently, we stand fully operational in 8 cities and counting! Dunzo prides itself on providing a spirited, fair, and transparent work environment for all its employees. We focus on nurturing careers and celebrating talent. Every opinion is given due consideration, and no voice is too feeble to be heard out. Were also strong advocates of the work-hard-play-hard philosophy, and are not ones to shy away from a good time! For Media Queries: press@dunzo.in | www.dunzo.in | Instagram | Facebook | Linkedin | Twitter For Merchant Enquiries: dunzoforbusiness@dunzo.in
Observer /board member
Apr 2015
axio, formerly Capital Float, is a consumer finance company offering pay later, credit and personal finance management under one seamless brand experience. On a mission to make credit worthy for all, axio leverages technology to deliver innovative financial products to millions of individuals across the country, including vast sections of traditionally under-served consumers. axio is the brand name of CapFloat Financial Services Private Limited, a Non-Banking Finance Company (NBFC) registered with the Reserve Bank of India. The company has raised funding from marquee investors such as Elevation Capital (formerly SAIF Partners), Sequoia India, Lightrock, Creation Investments Capital Management LLC, Ribbit Capital, and Amazon.
Experience · 15 entries
All (15)
Investments (11)
Board (10)
2021
Board Member
Jun 2021
Yubi Group is the world’s only AI-powered operating system (OS) for financial services, founded in 2020 by CEO Gaurav Kumar. At its core is YuVerse, an applied AI suite powering four specialized companies - Yubi, YuVerse, Accumn, Spocto X, and YuCollect - that together deliver end-to-end AI-based solutions in lending, underwriting, and collections. Backed by leading investors including Peak XV, Insight Partners, Lightspeed, B Capital Group, Dragoneer, and TVS Capital, Yubi has facilitated over ₹3.2 lakh crore in credit and 3.5 crore transactions, serving 17,000+ enterprises and 6,200+ investors & lenders while reducing collections costs by 57%. The company is redefining transparency, compliance, and performance across India’s financial services sector. Join us on this journey to #MakeGreatHappen.
2020
Board Observer
Oct 2020
Founded in 2013 by Manan Khurma, Cuemath is an ed tech company focused on math learning for K-12 students. Our mission is to make the world’s children great at math, and create invincible problem-solvers who will go on to solve humanitys greatest problems. Were gearing up for a phase of growth and are looking for passionate folks who will help Cuemath nurture #1BillionMathMinds. Our proprietary tech platform, empathetic and customer-centric workforce, and dedicated teachers teaching the Cuemath way are integral to our success and growth plans. Our award-winning curriculum has been developed by experts from Harvard, Stanford, Cambridge and IIT. The Cuemath way has found resonance all over the world - our students come from over 70 countries and we are backed by marquee investors such as Alpha Wave, Sequoia, Lightrock, Manta Ray and Capital G. Our culture is built on six fundamental values - the pursuit of excellence, empathy, versatility, passion, integrity and fun. We believe in openness, meritocracy and fostering an environment that helps you build your best self.
Investor/ Board Member
Aug 2020
Launched in 2015, PharmEasy is a consumer healthcare “super app.” Started with the sole purpose of making healthcare accessible and affordable to all, PharmEasy today is Indias leading and most trusted online healthcare aggregator in the country. We provide on-demand, home-delivered access to a wide range of prescription pharmaceuticals, diagnostic test services, OTC pharmaceuticals, other consumer healthcare products, thereby serving your healthcare needs. Thus, through our services, we ensure you get access to the best and most genuine health products, with the highest savings in the shortest time possible. Today, we deliver medicines in 1000+ cities in India, covering 19000+ pin codes. We offer diagnostic test services across Mumbai, including Thane, Navi Mumbai, Kalyan & Dombivali, Delhi with Noida, Gurgaon, Faridabad & Ghaziabad, Chennai, Pune, Ahmedabad, and Gandhi Nagar, Surat, Vadodara, Lucknow, Kolkata, Hyderabad, Bengaluru, and Jaipur.
Board Member
Apr 2020
Vivriti Capital is a fintech NBFC that aims to bring necessary debt finance to hundreds of mid-market enterprises across India. Pioneers in deepening the under-penetrated market and building appetite toward mid-market enterprises, Vivriti manages a portfolio of INR 8800+ Cr across 300+ enterprises and 45+ sectors. In the last six years, Vivriti has built significant expertise and a robust business model through specialized technology, curated products, multi-level underwriting, superior portfolio management and highly effective distribution. With a highly varied product suite, Vivriti enjoys 90%+ client retention and has delivered these unparalleled numbers in the most challenging macro environment that India has seen.
Board Observer
Feb 2020
Porter is more than just a logistics company. Our purpose of moving a billion dreams, one delivery at a time is at the core of everything we do as we strive to reshape the future of the industry, driving innovation and creating impactful journeys for our Porterites and beyond. Nurturing Growth, Inspiring Leadership At Porter, we embody the spirit of Own It in every aspect of our journey. As the fastest-growing player in last-mile logistics, weve expanded our presence domestically and internationally across numerous cities. Our fleet size boasts over 7.5 million dedicated driver partners, serving a loyal base exceeding 15 million customers. Porter stands as a beacon of sustainable growth and excellence, leading by example with our unwavering commitment to dreaming big and inspiring others. We redefine the boundaries of whats possible, setting the stage for exceptional leadership and industry innovation. Building Trust Through Strategic Investments Our journey is powered by innovation and agility, supported by substantial investments from industry-leading backers. With over $150 million in funding from esteemed partners such as Sequoia Capital, Kae Capital, Mahindra Group, LGT Aspada, Tiger Global, and Vitruvian Partners, were leveraging technology to enhance efficiency and foster innovation. This investment underscores our dedication to staying ahead in the dynamic world of last-mile logistics. Embodying our core value of Keep Moving, we remain nimble and adaptable to evolving challenges and opportunities. In Tech, We Trust Technology is our driving force at Porter. We proudly stand at the forefront of technology innovation, shaping the future of last-mile logistics in a sector ripe for transformation. Technology serves as the chief disruptor, enabling us to discover demand and supply at unprecedented scales. Through our products, we set new standards for real-time fulfillment, ensuring high utilization for our driver partners and cost efficiency
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Investment activity
2015–2021 · 11 investments
2015120161201932020520211
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