CDM Capital: A Mumbai Fund Founded by Davesh Manocha
CDM Capital is a Mumbai-based, operator-led early-stage venture fund founded by Davesh Manocha, previously a partner at Sabre Partners in fintech and healthtech. The firm backs Indian founders at the seed and pre-series A stages across fintech, SaaS, AI, and consumer sectors. A confirmed fund investment includes a $7 million pre-series A round in Atomgrid, alongside Manocha's broader personal angel investment track record.
Overview
CDM Capital is an operator-led, early-stage venture fund based in Mumbai. Davesh Manocha founded the firm and serves as managing partner. He previously worked as a partner at Sabre Partners in fintech and healthtech. Manocha also built a health-tech company earlier in his career. The firm backs Indian founders working in fintech, SaaS, AI, and consumer sectors.
Investment Focus and Stage
CDM Capital backs founders at the seed and pre-series A stages. It applies fifteen-plus years of investing and entrepreneurship experience to sourcing deals. The firm previously focused specifically on health tech, fintech, and SaaS startups. Its current positioning has broadened to include AI and consumer companies. The team emphasizes conviction and clarity of vision when backing founders.
Fund Size and Portfolio
CDM Capital has a tracked record of at least one confirmed fund investment. That investment backed Atomgrid in a $7 million pre-series A round. Manocha has separately made personal angel investments in six companies. Those include RG Stone Urology and Foodstrong, alongside board roles at Card91 and CoinTribe. His broader track record spans companies like Medfin, Whizleague, and FunctionUp.
Leadership
Davesh Manocha founded CDM Capital and serves as its managing partner. He holds a B.Tech from Kurukshetra and an MBA from NUS Business School. Vidhi Jain works at the firm as VP of investments. She leads sourcing, diligence, and portfolio support for the team. No public source found lists Jain as a co-founder of the firm.