NS

Nitin Sharma

14 yrs in tech investing, India-US | Partner, Antler (Co-Head, India and Global Web3 Lead)

Greater Bengaluru Area

Invests in

Stages:

Locations:

  • Min Investment:

    $100,000.00
  • Max Investment:

    $5,000,000.00
  • Target Investment:

    $1,500,000.00

Work Experience

2020

  • Partner

    2020

    Partner at Antler, the world's largest venture builder. Co-Founder for the Antler fund + org in India, member of the global Investment Steering Committee, and global lead for Web3. We've built one of the largest funnels for entrepreneurship in India (50,000+ founders), and closed India's largest pre-seed focused fund, with the aim to deploy $150M+ across pre-seed+seed, in the next 4 yrs SELECT PRE-SEED PORTFOLIO (& follow-on/co-investors): FINTECH & DIGITAL PUBLIC INFRA * Namma Yatri (disruptive business model for mobility | $11M seed co-led with Blume) * Plotch (infra rails for ONDC) * IndiaP2P (retail access to microfinance | Vertex) * Mysa (banking for the new-age founder | Blume) * Covrzy (SMB insurance) * HealthCred (hospital financing) CONSUMER, D2C & SOCIAL * Houseazy (best experience for real estate transactions) * Apnibus (digitizing bus travel for mass India | Good Capital, Inuka, Goodwater) * Cautio (video telematics) * HealthFlex (MSK health | General Catalyst) * Gladful (protein-focused brand | Venture Catalysts) AI, SaaS, Dev Tools * Inferless (serverless GPUs | Sequoia Surge) * Adaptive (Data security | Atlas) * Bookee (vertical SaaS for fitness | Prime) * OnArrival (APIs for travel | Good Capital, Inuka) * Figr (GenAI for design research | Kalaari) * Segwise (Copilot for the growth function | Powerhouse) WEB3: * Juno (Best checking account for crypto natives | Parafi, Sequoia, Polychain, GIC, Mithril) * LogX (DEX for perps | Sequoia, GFC, Coinbase) * Singularity (Gaming infra | Stellaris, Lumikai) * PYOR (Web3 analytics | Castle Island, Hash3, Coinbase) * Muzify (NFT communities | Sequoia) * RiskLayer / Chainrisk (Economic security) CLIMATE & SPACE * StepChange (Enterprise sustainability | Flourish, Beenext) * Inspecity (In-space logistics | Speciale)

  • Founder

    2018

    Portfolio of 40+ early-stage investments, mostly as the first believer at concept stage • Kutumb (first investor in the co) - Online vernacular communities in India Backed by Tiger Global, DST, Sequoia • Fynd (Acquired by Reliance Jio) - "New Retail" for omnichannel Backed by Google, FJ Labs, Rocketship • Third Wave Coffee - Building a new coffee culture in India. Backed by Creaegis, Westbridge • Gramophone - Agri-tech for inputs Backed by Z3, Info Edge • KlubWorks - Pioneering revenue-based financing in India Backed by Sequoia Surge • Vyapar - SMB finance and accounting Backed by Westbridge, IndiaMart, India Quotient • Terra.do - World's first online climate school Backed by Avaana, Rainmatter, Beenext • Loco - India's most exciting e-sports co Backed by Krafton, Hashed, Lumikai, Sequoia • Clinikk - Primary care + insurance for middle India Backed by MassMutual, Times Internet, 500S, EMVC, WEH • Wingman - Voice AI to improve sales machinery Acquired by Clari. Backed by YC, Speciale Invest, Venture Highway • KarmaLife - Embedded finance / EWA for blue-collar workers Backed by Artha • Bitespeed - Conversational commerce Backed by Sequoia Surge, Whiteboard • The Better India (advisor) - Asia’s largest impact media co Backed by Elevar, The Rise Fund (TPG), Anand Mahindra • Upekkha - B2B Value SaaS accelerator Backed by Westbridge • Shvasa - Digital university for authentic yoga Backed by 314 Capital • StayQrious - Neoschool STEM for K12 Backed by Learn Cap, Y Combinator, DFJ • Basis - Personal finance for women Backed by EMVC, Kora Capital • Scalenut - AI enabled SEO-optimized content creation Backed by Saama • Wagr - Smart petcare Backed by IPV, IvyCap • B2BBrain - Contextual sales intelligence Backed by Ideaspring, Arka Indirect: Pristyn Health, Swiflearn, Chingari, Testbook, Sleepy Owl, Repute

  • India Board Member

    2018

  • Advisory Board

    2018

  • Founder

    2017

    First VC in India to go all-in on Web3 since 2017. Invested in 15+ blockchain projects globally. Advisor to national blockchain policy initiatives by the Govt. of India. Quoted in 200+ media articles, and guest speaker at 50+ blockchain conferences and events. Portfolio: • Juno Finance - “Earn in crypto” Backed by Parafi, GIC, Polychain, Sequoia, Greycroft, Mithila, Dragonfly and Consensys. • SharesPost Acquired by Forge (Peter Thiel backed) • Molecule - The world’s leading decentralized science (DeSci) startup bringing fractional ownership, NFTs and DAOs to pharma IP Backed by Northpond, Speedinvest, Lunar Ventures, Signature Ventures • Mudrex - Democratizing algorithmic investing Backed by Nexus, Arkam, QED, Y Combinator • Persistence - Bridging DeFi and traditional institutional finance Backed by Arrington, Lunex, IOSG • Ocean - Building the world’s largest decentralized AI data marketplace • Arweave - Decentralized storage • Fetch.ai - from ex. DeepMind team (acq by Google for $650M) • Sovrin - Largest self-sovereign identity project • SpringWorks - Next gen HR and blockchain - Backed by Science, Bloomberg Beta Other: Numerai - Hedge fund managed by a decentralized network of data scientists Basic Attention Token - Disrupting the digital media and advertising ecosystem Blockstack Elixxir - Next-gen blockchain design from the legendary David Chaum https://www.incrypt.co

2020 - 2020

  • Fellow (ODA)

    2020 - 2020

2013 - 2016

  • Founding Principal

    2013 - 2016

    Now a $400MM AUM consumer Internet fund, spun out of Kleiner Perkins and Sherpalo. Prior and current investments incl. unicorns like InMobi and Info Edge, and market leaders like Rebel Foods, Melorra, Furlenco, Droom, Dunzo, Paymate, Cleartrip etc. Part of founding team. Key role in overall fund management (raising of $100MM Fund II, portfolio construction, LP relationships, etc.). Led sourcing in, and evaluation of, 10+ new investment spaces. Managed new and existing investments, with deep engagement in owning/solving problems: • Melorra ($100M+ in sales, leading online jewellery brand in India): Co-led hiring of management team, interim coordination of technology, digital marketing and overall budgeting. $71M raised, backed by Symphony Asia • Paymate (Largest B2B payments platform with $5BN volume run-rate): Helped reposition the business towards B2B, led corp dev initiatives. Backed by Visa and Recruit Japan. Filed for an IPO. • Droom (Largest online marketplace for used automobiles in India. $125MM in funding, $1BN+ in GMV run rate). Backed by Toyota, Integrated Asset Management (HK) and Digital Garage (Japan). • Parabo Press / Zoomin (Personalized printing): Worked very closely with the company and a new CEO in navigating a distressed situation, major pivots, US expansion and all financial planning. Backed by First Round Capital and Gund Investments. 2012: Advised InMobi management re: growth opportunities in real-time bidding (RTB)

2010 - 2011

  • Vice President, Strategy and Business Development

    2010 - 2011

    EverFi acquired by Blackbaud in 2021 for $750M. Higher ed business acquired by Vector Solutions for $100M. Joined as an early employee, served through a hyper-growth phase. Originated and managed acquisition of Outside The Classroom, owner of the world's largest online course at the time, which doubled the company’s size and enabled entry into the higher ed market. Also helped launch a new financial education product (Buttonwood). One of the largest education networks (45 million+ students), EverFi is the leading edtech company focused on teaching and certifying students and adults in critical 21st century life skills. Raised $250 MM till date from The Rise Fund, TPG Growth, NEA, Bono (U2), Richard Branson, Jeff Bezos, Eric Schmidt, Jeff Skoll, Lebron James, current / ex-CEOs of Twitter and Blackboard. Ranked #13 on Glassdoor's Best Places to Work At.

  • Investor

    2008 - 2010

    Investments worked on: * Millennial Media: brand-focused mobile ad network (IPO, acq. by AOL for $238MM) * OPOWER: SaaS CRM platform for utilities (IPO, acq. by Oracle for $532MM) * EverFi: edtech for critical skills (acquired by Blackbaud for $750MM) * ChannelAdvisor: multichannel management for etailers (IPO) * AddThis: online retargeting network (Acq. by Oracle for $200MM) * Gilt Groupe: fashion e-commerce (Acq. by Saks / Hudson Bay for $250MM) * Other: Videology (video ad platform), Suniva (high-efficiency cystalline Silicon solar), Nordic Windpower (two-blade wind turbine manufacturer), Bandgap Engineering (nanotech for high-efficiency solar) New space (edtech): Initiated year long effort (formulating thesis to establishing the firm's initial sourcing network from scratch) that facilitated foray into the education space (EverFi), and subsequent investment in Edmodo. NEA is a global VC and growth investor with $25 billion in committed capital and 500 liquidity events.

2009 - 2010

  • Board Observer

    2009 - 2010

    IPO in 2014. Acquired by Oracle for $532M in 2016