SAIF Partners makes big money with seed stage bets

SAIF Partners makes big money with seed stage bets

(Clockwise from back left) Vivek Mathur, Mayank Khanduja, Deepak Gaur, Mukul Arora, Mukul Singhal and Mridul Arora of SAIF Partners. Photo:Priyanka Parashar/Mint

Towards the end of 2014, multi-stage investment firm SAIF Partners got an opportunity to evaluate a food tech firm for an investment. It was not an easy decision. The food tech firm, only a few months old, was delivering just a handful of orders in the Koramangala area of Bengaluru at that time, even as it was scouting for its first institutional cheque.

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