
PremjiInvest
Description
PremjiInvest is the private investment office of Azim Premji, the founder of Wipro Limited, one of India's leading IT services companies. Established to manage Premji's personal wealth and philanthropic endowments, the firm operates as a multi-family office with a sophisticated and diversified investment strategy. It deploys capital across public equities, private equity, and venture capital, with a significant focus on both Indian and global markets, particularly the United States. The firm is known for its patient, long-term capital approach, seeking to partner with companies that demonstrate strong fundamentals and sustainable growth potential.
The firm's investment mandate spans various stages, though it primarily focuses on growth equity and late-stage venture capital opportunities within the private markets. PremjiInvest targets sectors such as technology, consumer, financial services, and healthcare, identifying businesses that are poised for significant scale and market leadership. With an estimated asset under management (AUM) exceeding $10 billion, PremjiInvest has the capacity to make substantial commitments, often participating in large funding rounds that can range from tens of millions to hundreds of millions of dollars.
In the venture and growth equity space, PremjiInvest typically deploys first cheques ranging from $20 million to $100 million, reflecting its preference for more mature, revenue-generating companies rather than early-stage startups. Notable investments include significant stakes in prominent Indian companies like FirstCry, Dailyhunt, and Lenskart, underscoring its role as a key institutional investor in India's burgeoning digital economy. Beyond India, the firm also actively seeks opportunities in global markets, leveraging its deep industry insights and extensive network to support portfolio companies' expansion and strategic objectives. Its disciplined investment philosophy and substantial capital base position PremjiInvest as a formidable and influential player in the global investment landscape.
Investor Profile
PremjiInvest has backed more than 79 startups, with 18 new investments in the last 12 months alone. The firm has led 35 rounds, about 44% of its total and boasts 23 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series C, Series B, Series E rounds (top funding stages).
- Majority of deals are located in United States, India, France.
- Strong thematic focus on Artificial Intelligence (AI), Information Technology, Financial Services.
- Led 5 rounds in the past year.
- Typical check size: $20M – $100M.
Stage Focus
- Series C (22%)
- Series B (15%)
- Series E (13%)
- Series D (11%)
- Series F (10%)
- Series A (8%)
- Series Unknown (6%)
- Series G (5%)
- Post Ipo Secondary (4%)
- Private Equity (3%)
Country Focus
- United States (63%)
- India (35%)
- France (1%)
Industry Focus
- Artificial Intelligence (Ai)
- Information Technology
- Financial Services
- Saas
- E-commerce
- Software
- Fintech
- Health Care
- Enterprise Software
- Finance
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.