Sadev Ventures has appointed Ishan Kansal, ex-head of product at Snabbit and former CRED team member, as cofounder and managing partner. Kansal will lead the launch of the firm’s second office in Bengaluru, driving expansion and fund growth plans.
- Ishan Kansal to join as cofounder and managing partner in June 2026
- Sadev aims to exceed ₹1,000 Cr in funds under management soon
- Firm plans second equity fund and entry into venture debt market
What happened
Sadev Ventures, an early-stage VC firm focused on seed to pre-Series A investments, has named Ishan Kansal as cofounder and managing partner. Kansal, an IIT Indore alumnus, previously drove product, data, and design at Snabbit and helped scale key verticals at CRED. He has also worked with Paytm and Deutsche Bank.
Kansal will officially join in early June 2026 and will be based in Bengaluru to establish Sadev’s second office in India. This move aligns with the firm’s plan to grow significantly and expand its operations beyond its current headquarters.
Why it matters
Sadev Ventures is positioning itself to scale up rapidly with an aggressive growth strategy. By appointing a seasoned operator like Kansal, who has extensive hands-on experience in scaling product and business teams at prominent tech startups, the firm aims to strengthen its ability to back high-potential founders with operational insight.
The firm currently manages ₹240 Cr, with ambitions to cross ₹1,000 Cr in the next 18-24 months. This growth plan includes launching a second equity fund and moving into the venture debt space, signaling a broadening of investment capabilities and deeper commitment to supporting early-stage startups.
What to watch next
Key developments to monitor include Sadev’s progress towards its ₹1,000 Cr fund target and the launch of its second fund. How effectively Kansal and the leadership team execute on geographic expansion with the new Bengaluru office will also be crucial in establishing a wider footprint in India’s competitive VC landscape.
Additionally, the firm’s entry into venture debt and its ability to leverage Kansal’s expertise to identify and nurture startups through critical growth phases will offer insights into how Sadev intends to differentiate itself among early-stage investors in India.