Pentathlon Ventures
Pentathlon Ventures backs Indian B2B technology startups across SaaS, AI, fintech, healthcare, and enterprise software.
Overview
Pentathlon Ventures is an India-focused venture capital firm founded in 2020 and headquartered in Pune. It backs technology businesses serving enterprises, with a focus on founders building software and digital solutions for complex business needs. The firm combines investment capital with operational guidance to help companies develop products, strengthen sales, and expand into new markets.
Investment Focus and Stage
Pentathlon Ventures primarily invests at the Seed and Series A stages, with initial cheques generally ranging from ₹4 crore to ₹8 crore. Its core focus is B2B technology, particularly SaaS, artificial intelligence, fintech infrastructure, healthcare technology, cybersecurity, and industrial software.
The firm looks for businesses addressing specific enterprise problems with products that can be deployed across industries and geographies. It pays close attention to customer adoption, recurring revenue potential, product differentiation, and the ability to build a repeatable sales process. Beyond funding, it supports founders with go-to-market planning, enterprise customer access, hiring, and follow-on fundraising.
Fund Size and Portfolio
Pentathlon Ventures has raised approximately ₹540 crore across its investment vehicles. Its second fund, Fund II, was launched with a target corpus of ₹200 crore to back B2B technology companies at the Seed and Series A stages.
The firm has invested in around 30 companies. Its portfolio includes Spyne, Rezolve AI, Fable Fintech, Facilio, CrelioHealth, Zvolv, Salesken, Cloudphysician, Accops, Scrut Automation, Kylas, and Emitrr. These businesses span AI-powered visual content, financial technology, building operations software, healthcare systems, workflow automation, cybersecurity, and sales technology.
Leadership
Sameer Jagetia is Managing Partner and co-founder of Pentathlon Ventures. He has experience across enterprise technology, entrepreneurship, and investment management, with a focus on helping B2B startups scale commercially.
Amit Singal is Managing Partner and co-founder. His background includes venture investing, technology businesses, and working with founders on business strategy, fundraising, and growth.
The firm's investment team also includes professionals involved in sourcing, due diligence, portfolio support, and investor relations.