Cat I · Managed by Exfinity Ventures
SEBI-encouraged funds — venture capital, SME, social-impact and infrastructure. Close-ended, generally unleveraged.
Exfinity Technology Fund (IN/AIF1/13-14/0094) is a SEBI-registered Category I Alternative Investment Fund (Venture Capital Fund sub-category) registered in February 2014 and managed by Exfinity Venture Partners LLP — explicitly confirmed in Exfinity's own SEBI AIF registration disclosure page. Exfinity is a Bengaluru-based technology-focused venture capital firm managing three fund series (Series I, II, and III) under the same AIF umbrella. Series I (2014 vintage, INR 30–100M tickets, 12 portfolio companies) focused on B2B, IT, healthcare, big data, and e-commerce. Series II (2016 vintage, INR 300 crore corpus, INR 6.5–13 crore tickets, 19 portfolio companies) expanded to AI/ML, cybersecurity, IoT, and mobile tech. Series III (2019 vintage, 18 portfolio companies, most recent investment January 2025) continues the B2B technology focus. The fund is headquartered at Ground Floor, Pride Elite, 10, Museum Road, Bangalore 560001.
Shailesh Ghorpade
Managing Partner & IC Member
Shailesh Ghorpade is a founding partner of Exfinity Ventures and brings over two decades of experience spanning venture capital, private equity and technology entrepreneurship. Prior to co-founding Exfinity, he was Managing Director at Emergent Ventures India, an early-stage technology fund, where he led investments across enterprise software, semiconductors and embedded systems. Before that, he held senior roles in engineering and product management at technology companies in the US and India. At Exfinity, Shailesh was instrumental in shaping the fund's deep-tech investment thesis and championed several investments across the portfolio over three funds. He now transitions into a semi-retirement role, continuing to contribute to the firm as an advisor and Investment Committee member — bringing his deep technical expertise and institutional knowledge to bear on investment decisions and portfolio strategy.
Chinnu Senthilkumar
Managing Partner & IC Member
Chinnu has been Managing Partner at Exfinity since its inception in 2013. Over three funds, he has championed 15+ deals out of a 40-company portfolio, including successes such as Pixis, CloudSEK, Kinara AI, Chara and Ati Robotics. As a board member across many of these investments, he has actively guided multiple seed-to-exit journeys: driving product development, market expansion and organisational scale-up. Beyond direct investing, Chinnu has facilitated growth-stage capital from marquee investors including SoftBank, General Atlantic, Tiger Global, TSMC and Petronas into the portfolio. He has also led fundraising for Exfinity Funds II and III, drawing commitments from institutions such as Western Digital (NASDAQ-listed), government fund-of-funds including EDF (Electronics Development Fund, sponsored by MeitY and SIDBI), and UHNI family offices including that of Azim Premji. Prior to founding Exfinity, Chinnu brought 15 years of executive experience leading semiconductor enterprises across Silicon Valley and India, including Intel, SanDisk and Texas Instruments. At SanDisk, he led the company's India operations and served as CEO of its Indian subsidiary.
Balakrishnan V
Chairman of the IC
Prior to founding Exfinity, Bala served as Head of BPO, Finacle & India Business Unit at Infosys. Bala also served as the Chief Financial Officer of Infosys Ltd., from May 1, 2006 to October 31, 2012. Bala served as Secretary and Senior Vice President – Finance of Infosys Ltd., from joining it in 2001 to April 2006. He was a full-time Director on the Board of Infosys Limited from June 2011 to December 2013. Bala has significant experience in leadership positions in the finance domain, with expertise in Corporate Finance, International Taxation, Risk Management and Mergers & Acquisitions. He has been a recipient of the “Best CFO” award from CNBC and Finance Asia.
No insights published yet.
Investments in AIFs carry market and credit risk including possible loss of capital. Past performance does not indicate future returns. Information shown is sourced from the issuer's PPM and SEBI filings — confirm against the latest PPM before committing. Wisefolio is an information platform; it is not registered with SEBI as an investment adviser, portfolio manager, or distributor. By using this page you accept our terms and privacy policy, including the self-attestation that you are eligible to view AIF marketing material under SEBI rules.
Deepak Aggarwal
CFO
Sunith Mandala
Principal
Arundhati Menon
AVP - Investments
Nitin Lalwani
VP - Fund Raising and Portfolio Strategy
Prachi Singh
VP - Portfolio Management
R Abhijith Menon
Analyst - IR & Operations
TV Mohandas Pai
Co-founder & Advisor
TV Mohandas Pai is a Co-founder and Advisor at Exfinity Ventures. He was CFO and Board Member of Infosys, the first Indian CFO to list a company (Infosys) on NASDAQ, and part of the leadership team that scaled Infosys from USD 5M to USD 3.5B over 15 years. He is currently Chairman of Manipal Global Education Services (USD 1B+ global education and healthcare conglomerate) and Chairman of Aarin Capital (USD 100M family office focused on Consumer and Education in India). He was awarded the Padma Shri in 2015 in the Trade and Industry category.
Deepak Ghaisas
Co-founder & Advisor
Deepak Ghaisas is a Co-founder and Advisor at Exfinity Ventures. He is a former CEO of iGate Mastech (iGate Corporation) and has held senior leadership roles across the Indian IT industry. He is an Independent Director on multiple company boards.
Rajiv Kuchhal
General Partner & IC Member
Rajiv is a Founding Partner and General Partner at Exfinity, where he helped establish Exfinity Technology Fund and launch Fund I, serving on the Investment Committee and multiple boards with a strong focus on techno-commercial deal structuring and global expansion for portfolio companies. Drawing on nearly three decades of senior leadership across Infosys, Progeon/Infosys BPO and OnMobile, and over 15 years as an active early-stage investor and mentor (including social enterprises), he brings deep operating, governance and strategic scaling experience into his VC role.
Nishant Jain
Advisor
Jesper Ludolph
General Partner & IC Member
Jesper brings over two decades of global leadership experience across consulting, private equity and entrepreneurship, having lived and worked in 30+ countries across Europe, Asia and India. He has led value-creation programs at PE-backed companies Navico and Provimi through to successful exits, and spent a decade as Partner at McKinsey & Company driving large-scale transformations in energy, high-tech, pharma and logistics. At Exfinity Ventures, Jesper serves as General Partner with a particular focus on global GTM, strategic partnerships and executive coaching for founders. He leads Commercial & Leadership due diligence during investment evaluation and drives global LP engagement. Within the fund, he also serves as Compliance Officer for the Scheme. Since joining, he has played an active role in shaping the new fund's strategy and fundraising, while working closely with portfolio companies on operational challenges, organisational design and board governance.
Rakesh Vaidyanathan
General Partner & IC Member
Rakesh has over 20 years of international business growth experience focused on new market entry, channel management, strategic alliances, and cross-border M&A across the US, Latin America, and India. He brings deep sector exposure in IT services, industrial goods, life sciences, and healthcare, with a strong orientation to digital transformation and go-to-market strategy. As Founder Partner of The Jai Group, a boutique advisory firm operating across the US-India-LatAm corridor, he leads mandates in M&A advisory, GTM, and market expansion. He is also an active angel investor in Silicon Valley, and founder of the Guindy Angels Network. At Exfinity, he leads the firm's global B2B tech scaling strategy, helping portfolio companies acquire lighthouse customers and scale in the US and Latin American markets.
Afreed Faizan
Investment Analyst
Girish Paranjpe
AdvisorAdvisor & IC Member
Girish Paranjpe is a founding partner of Exfinity Ventures and brings over three decades of leadership experience in global technology and business services. He served as Joint CEO of Wipro's IT Business, where he helped scale the company into a global enterprise spanning over 50 countries, and subsequently as President of Wipro's Finance Solutions division. Earlier in his career at Wipro, he held several senior roles across business units and geographies, building deep expertise in enterprise technology, digital transformation and large-scale P&L management. Following his executive career, Girish has been an active investor and board advisor across technology and growth-stage companies. He brings to Exfinity a distinctive combination of operational depth, global enterprise networks and boardroom experience with a particular focus on helping portfolio companies navigate international expansion, enterprise sales and organisational maturity.
See every PMS strategy and AIF from Exfinity Ventures.