Prashant Malik

General Partner Tykhe Block Ventures | Angel investor | Entrepreneur | Advisor | Technologist.

📍 Gurgaon, Haryana, India🔄 Updated September 2026💼 14 investments📅 12 years investing🗓 Last invested Jun 2018𝕏 @upgrade_to_unlock
VC🌍 India
14
Total investments
5
Early stage
6
Mid stage
1
Late stage
12y
Years active

Portfolio

12 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Investor
Jun 2018
ThetaRay is transforming the way financial institutions detect and combat financial crime through the power of 𝗖𝗼𝗴𝗻𝗶𝘁𝗶𝘃𝗲 𝗔𝗜. In a world where traditional, rule-based systems have failed to distinguish between good and bad actors —and where financial crime is increasingly pervasive—our solutions provide the much-needed remedy. We empower financial institutions to confidently grow their businesses, build trust with customers and regulators, and minimize their risk of financial crime. The financial industry has been blinded by outdated, rule-based systems that created bottlenecks and increased compliance costs. These systems incorrectly flagged legitimate customers while missing the majority of financial crime, stifling growth and delivering poor customer service. Our 𝗖𝗼𝗴𝗻𝗶𝘁𝗶𝘃𝗲 𝗔𝗜 solutions—driven by dynamic data analysis and machine learning—not only focus on identifying criminals but also on accurately recognizing the good customers and businesses that you rely on to thrive. By leveraging the latest advancements in AI, we can detect the undetectable, uncover hidden connections, and make smart, data-driven decisions—enabling you to onboard customers confidently, reduce operational costs, improve customer experiences, and unlock opportunities worldwide. ThetaRay is redefining success in the financial industry. Our Cognitive AI empowers you to thrive while ensuring financial crime is detected and blocked with unmatched accuracy. We believe the key to global financial prosperity and trust lies in identifying legitimate players while making it impossible for criminals to hide. ThetaRay is the future of financial crime compliance, creating a safer, more efficient financial world.
Investor
May 2018
cnvrg.io is an AI OS, transforming the way enterprises manage, scale and accelerate AI and data science development from research to production. The code-first platform is built by data scientists, for data scientists and offers unrivaled flexibility to run on-premise or cloud. From advanced MLOps to continual learning, cnvrg.io brings top of the line technology to data science teams so they can spend less time on DevOps and focus on the real magic - algorithms. Since using cnvrg.io, teams across industries have gotten more models to production resulting in increased business value.
Investor
Apr 2018
India’s largest crypto platform, CoinSwitch is evolving into a wealth-tech destination. The company is on a mission to Make Money Equal for All, democratizing investing with a simple and safe platform built for India. Trusted by over 19 million registered users, CoinSwitch was founded in 2017 by Ashish Singhal, Govind Soni, and Vimal Sagar Tiwari, and backed by blue-chip investors including Andreessen Horowitz (a16z), Tiger Global, Sequoia Capital India, Ribbit Capital, Paradigm, and Coinbase Ventures.
Investor
Mar 2018
We're building a blockchain development ecosystem focused on making enterprise adoption a smoother experience for both the developer and the enterprise. Our product, Hadron, makes blockchain administration a secure and easily managed process. The end goal is to make it possible for the current generation of blockchain entrepreneurs to focus on innovating on their application and not worry about protocol level risks and overhead; which today occupy a significant portion of their time before they are able to get to actually building their application. Imagine setting up a website without WordPress.
Investor
Mar 2018
Fyle has the singular aim of reducing the time spent on business expense management. Nestled within everyday productivity tools like Gmail, Outlook, Slack, MS Teams, text messages, and email forwarding, Fyle provides employees with a unique and simple way of submitting expense receipts on the go. Fyle is also easy to use and significantly increases adoption rates for employees. Whats more? - Fyles AI-enabled engine instantly codes spend information, assigns it to the right projects & cost centers, and pushes the data to cloud-first ERP and accounting software like NetSuite, Sage Intacct, QuickBooks Online, or Xero. - Fyle directly integrates with any business or corporate credit card to give you instant visibility, automated reconciliation, and more. - Get real-time data feeds & instant spend notifications for all Visa & Mastercard credit cards, and collect receipts via text, so you don’t have to depend on end-of-the-month bank statements. - Automated policy checks that ensure compliance, expense approval workflows, budgets, and real-time spend analytics to keep you on top of everything. Fyle is a fast-growing company trusted by Finance and Accounting leaders from over 1000 organizations spread across 18 countries.
Investor
Mar 2018
JUMP is bike share electrified. We create the hardware and software to take you farther, get there faster, and make every ride fun. JUMP bikes are designed in New York City by people who love bikes and care about the future of our cities. JUMP Bikes has been shaping the future of bike share since 2010. We brought freedom to bike share systems with Social Bicycles, the first ever smart-bikes with integrated GPS, payment systems, and locks that kicked off the dockless revolution. We’ve dropped 15,000 bikes into 40 different markets and clocked over 5 million rides over the past 4 years.
Investor
Mar 2018
We build beautiful offices and coworking spaces for businesses in India. Innov8 is a workspace and community startup based in India. Indias Most Loved workspaces and coworking spaces. Innov8 Coworking is the first of its kind Thought space in India. We encourage community engagement of like-minded individuals from any space, whether they are founders, investors, freelancers, creators or just want to work in a highly productive zone. Innov8 boasts of the most premium work culture, ergonomically and innovatively. We currently have centers across India - Delhi, Noida, Gurgaon, Mumbai, Navi Mumbai, Bangalore, Hyderabad, Chennai and Pune
mid stageReal Estate
Investor
Mar 2018
Nanox AI is lighting up new pathways for smart population healthcare management with AI-based solutions, identifying patients at risk of having chronic disease and enabling the start of preventative care pathways. Integrated delivery networks and payers benefit from this technology with more accurate risk-adjustment, timely intervention, and improved quality of health services, while significantly reducing the associated costs. Nanox AI enables better, fairly reimbursed population health management and wellbeing for larger patient populations. #population health #AI #machine learning #digitalhealth #medicalimaging
Investor
Feb 2016
OfBusiness (OFB) is India’s leading and most efficient B2B commerce platform, specializing in metals, chemicals, agri-products, and apparel. Leveraging a technology-driven approach and deep industry expertise, OFB empowers businesses to streamline procurement processes and optimize supply chains. Oxyzo, the financial services arm of the OfBusiness Group, offers working capital solutions tailored to the specific needs of SMEs. Together, they form an integrated ecosystem that empowers clients to scale operations, maintain healthy cash flow, and remain competitive in dynamic market environments. Founded in 2015, the OfBusiness Group has grown rapidly to USD 2.2 billion in annual revenues. With a team of over 20,000 employees and a growing global footprint, the Company is resolute in its commitment to robust corporate governance and best business practices, fostering transparency and trust in every interaction.
early stageManufacturing
Investor
May 2015
Shadowfax is Indias Fastest Growing End-to-End fully integrated Logistics Provider. The only platform with capabilities to serve multiple categories- E-commerce & D2C, Hyperlocal & Quick commerce & Personal Courier. Building a better customer experience with a network of 2500+ cities & 18000 + pin codes, Shadowfax is a one-stop solution for merchants to deliver to customers. As Indias largest crowdsourced last-mile delivery platform, weve successfully shipped over 1 billion+ orders. Now experience Express Delivery from 1 hour to same-day and next-day services with the benefits of doorstep quality checks, instant refunds, and hassle-free returns at your fingertips with our optimized solutions. Our new identity Flash by Shadowfax(Personal Courier service)reflects the speed, reliability, and affordability that define our on-demand pickup and drop within the city delivery service. What truly defines us is our unwavering commitment to sustainability. Reducing carbon footprint with our Electric Vehicle Fleet, offering green solutions through eco-friendly scooters and vans, driven by our passionate executives. Join us at Shadowfax, where innovation meets reliability, and lets redefine the future of logistics together! 📦
Investor
2015
Hinge is the dating app designed to be deleted. In today’s digital world, singles are so focused on sending likes and looking through profiles that they’re not actually building meaningful connections and going on dates. Hinge is on a mission to change that by designing the most effective app experience. We want to create a less lonely world by inspiring intimate, in-person connections. Relationships are at the core of everything we do. And not just the romantic kind. We cant accomplish really hard things alone - so we make great relationships the foundation of our teamwork. We believe these three core values are what it takes to build those great relationships: Authenticity, we share - never hide - our words, actions, and intentions. Courage, breakthroughs require a willingness to take risks and embrace lofty goals and tough challenges. Empathy, were all humans first. So we deeply consider the perspectives of others, listen openly, and speak with care. Were mission-driven. While most apps think about boosting sessions and time on app, we think strategically about meaningful end results (dates and relationships). Were culture-first. We believe in great people over process. Decisions are pushed to the front lines, with feedback and coaching provided by our leaders.
Investor
Jun 2014
Cabify is an Ibero-American mobility company that develops technology to transform cities into better living spaces and make them more sustainable, accessible, and humane. Operating in 6 countries (Spain, Chile, Argentina, Peru, Colombia and Uruguay) and more than 40 cities, Cabify seeks to improve the way users, companies, and drivers connect in a safe, flexible, and quality way. Born in Madrid (Spain) in 2011, Cabify has been a pioneer in creating a new mobility in Latin America. It has more than 50 million registered users, 1.5 million driver partners, and more than 1,000 employees globally. In addition, it has always been committed to talent and integration with local communities, declaring 100% of its activity in each country in which it operates. In its commitment to cities, Cabify has taken on the most ambitious environmental sustainability goal in the sector worldwide: to be a zero-emissions company by 2030 globally. In 2018, it became the first company in its sector to be carbon neutral, and since then, it has and continues to offset all its emissions and those of the trips made on the app. For more information: www.cabify.com
Experience · 17 entries
All (17)
Investments (14)
Founder (3)
2021
Founder and General Partner
Apr 2021
Tykhe Block Ventures is a leading investment firm founded in 2021 and based in United States. We invest in ventures and liquid investments within the blockchain sector with a focus on decentralisation technologies, digital assets and the supporting infrastructure. We are a team of individuals who come together with passion, intimate knowledge of the technology sector, a 25+ year history of angel investing and an expertise in the financial and retail sectors. We bring the power of crypto, traditional investing and retail experience together through a multidisciplinary approach enabling us to maximize our results. About the name - TYKHE (Tyche) was the goddess of fortune, chance, providence and fate. She was usually honoured in a more favourable light as Eutykhia (Eutychia), goddess of good fortune, luck, success and prosperity.
Founder and General Partner
Apr 2021
Tykhe Ventures backs AI-first founders building world-class technology companies. We believe the next generation of iconic startups will be driven by teams that ship faster, scale smarter, and solve deeper problems using artificial intelligence — not just as a tool, but as the foundation of their product and business model. Our investments span across sectors — from healthcare to fintech, from developer tools to enterprise automation — but our lens stays constant: AI must be at the core. We’ve been founders ourselves. Operators. Builders. Investors. And we partner with early-stage teams not just with capital, but with conviction — supporting them from the first lines of code to global scale. What We Look For: • Founders who think in agents, models, and APIs. • Startups with AI-native workflows, not bolt-on gimmicks. • Markets where AI creates 10x value, not 10% efficiency. What We Offer: • Strategic capital from ex-founders & deep-tech operators. • A hands-on approach to product, distribution, and scaling. • A long-term partner that plays to win. We’re here for the AI-native era. Let’s build legendary together. 📧 hello@tykhe.ventures
2018
Investor
Jun 2018
ThetaRay is transforming the way financial institutions detect and combat financial crime through the power of 𝗖𝗼𝗴𝗻𝗶𝘁𝗶𝘃𝗲 𝗔𝗜. In a world where traditional, rule-based systems have failed to distinguish between good and bad actors —and where financial crime is increasingly pervasive—our solutions provide the much-needed remedy. We empower financial institutions to confidently grow their businesses, build trust with customers and regulators, and minimize their risk of financial crime. The financial industry has been blinded by outdated, rule-based systems that created bottlenecks and increased compliance costs. These systems incorrectly flagged legitimate customers while missing the majority of financial crime, stifling growth and delivering poor customer service. Our 𝗖𝗼𝗴𝗻𝗶𝘁𝗶𝘃𝗲 𝗔𝗜 solutions—driven by dynamic data analysis and machine learning—not only focus on identifying criminals but also on accurately recognizing the good customers and businesses that you rely on to thrive. By leveraging the latest advancements in AI, we can detect the undetectable, uncover hidden connections, and make smart, data-driven decisions—enabling you to onboard customers confidently, reduce operational costs, improve customer experiences, and unlock opportunities worldwide. ThetaRay is redefining success in the financial industry. Our Cognitive AI empowers you to thrive while ensuring financial crime is detected and blocked with unmatched accuracy. We believe the key to global financial prosperity and trust lies in identifying legitimate players while making it impossible for criminals to hide. ThetaRay is the future of financial crime compliance, creating a safer, more efficient financial world.
Investor
May 2018
cnvrg.io is an AI OS, transforming the way enterprises manage, scale and accelerate AI and data science development from research to production. The code-first platform is built by data scientists, for data scientists and offers unrivaled flexibility to run on-premise or cloud. From advanced MLOps to continual learning, cnvrg.io brings top of the line technology to data science teams so they can spend less time on DevOps and focus on the real magic - algorithms. Since using cnvrg.io, teams across industries have gotten more models to production resulting in increased business value.
Investor
Apr 2018
India’s largest crypto platform, CoinSwitch is evolving into a wealth-tech destination. The company is on a mission to Make Money Equal for All, democratizing investing with a simple and safe platform built for India. Trusted by over 19 million registered users, CoinSwitch was founded in 2017 by Ashish Singhal, Govind Soni, and Vimal Sagar Tiwari, and backed by blue-chip investors including Andreessen Horowitz (a16z), Tiger Global, Sequoia Capital India, Ribbit Capital, Paradigm, and Coinbase Ventures.
Show all 17 entries ↓
Investment activity
2014–2018 · 14 investments
20141201532016120189
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