Inflexor Ventures elevates Harsha Mundhada, Murali Krishna as partners

Expertise-focused venture capital fund Inflexor Ventures has promoted Harsha Mundhada and Murali Krishna Gunturu to the position of companions.The agency, identified for backing startups like Atomberg, Entropik, Singularity and Credflow, specialises in seed to collection B phases.

Mundhada, who joined the fund in 2016, has led investments in startups reminiscent of Atomberg, Chakr, Kale Logistics, A5G and SecureThings.A chartered accountant, she beforehand labored within the transaction advisory departments of Deloitte, Ernst & Younger (EY), and PricewaterhouseCoopers.

Equally, Gunturu, who was the founding member of Inflexor, has additionally labored with EY. He has led the agency’s investments in PlayShifu, Bellatrix Aerospace, CredFlow, ClickPost, NoPo Nanotechnologies and CloudSek.

These promotions come as Inflexor recently raised Rs 280 crore within the first shut of its Rs 350 crore Opportunities Fund, with HDFC Asset Management Company because the lead investor. The agency goals to shut this fund by the tip of January or early February.

Inflexor can be planning to boost its third blind pool corpus of Rs 1,250 crore in FY26, meaning to spend money on 25-27 startups with this fund. This can convey the overall variety of portfolio firms to round 50 inside the subsequent 5 years, in keeping with Gunturu.

“One of many issues that these promotions have provide you with is that as our portfolio goes to extend in dimension, every firm requires their very own enough consideration from a senior member of the group,” Gunturu informed ET.Based by Venkat Vallabhaneni, Jatin Desai and Pratip Mazumdar, Inflexor focuses on deep and rising know-how startups. With over Rs 1,000 crore in property beneath administration, the agency has invested in 25 firms throughout sectors like cybersecurity, synthetic intelligence and house tech, client tech, amongst others.

In the same improvement final 12 months, Kae Capital, one other early-stage enterprise capital agency appointed Abhishek Srivastava, a former government at Endiya Companions, as a basic associate and promoted Gaurav Chaturvedi to the identical position. Equally, Gurugram-based Elevation Capital elevated Vaas Bhaskar and Chirag Chadha as companions, in 2024.