Shashank Randev — Founder

Operator VC | Multiple 10X+ Exits | 25000+ Opportunities | 200 + Seed Investments | 1000+ Founders Community | 100+ Co-Investors Partnerships | Mumbai & NCR Successful exits at 10X and above, with annualized IRRs ranging from 38% to 80%. Built on early conviction, founder-market fit, and graded exit discipline. Notable Investments: abCoffee, Accio Robotics, Arthum, BreatheESG, Dezy.ai, Datasutram, EMO Energy, Epicure Robotics, 50Fin, Fyllo, Happi Planet, Kerala Banana Chips, KnightFintech, Pipeshift, Vecros, Vitra.ai, Vodex.ai, Wasteful Robotics, Zenma Coffee and ZuAI. Shashank is the Founder and General Partner of 247VC, SEBI CAT 2 AIF; India's go to Seed fund. With a target corpus of Rs 250 CRs (USD 30MN), 247VC plans to invest in 30 startups across Frontier (Deep) Tech, Industry 5.0 (Advanced Manufacturing), EnterpriseTech and Domestic Consumption. Additionally, Shashank is an investment committee member of USD 30MN (INR 250CR) Kerala Innovation Fund and of USD 24MN (INR 200CR) Maharashtra Innovation & Technological Development Fund (MITDF). Previously, Shashank was the Co-Founder of 100X.VC, a $17M early-stage Cat I AIF, investing in Indian startups using iSAFE Notes in Mumbai. Invested in 180 startups from Fund I and II since 2019. He led investments across sectors - Consumer Brands, ConsumerTech, B2B Enterprise SaaS, Devtools, Cybersecurity, IoT, GenAI, CleanTech, etc. Shashank has been an operator. Prior to his fund journey, he was the founding member of VCCEdge (acquired by News Corp) and has worked with NIIT Ltd. and Zensar Technologies. Specialties: Operator VC, Pre Seed/ Seed Tech + Product, GTM, Narrative building, Entrepreneurship, Scaling up Startups, Fundraising, Seed Investments & Venture Capital Best way to reach: www.247vc.in Twitter: @ShashankRandev | Instagram: @ShashankRandev

Stackforce AI infers this person is a Venture Capital expert with a focus on early-stage investments and startup acceleration.

Location: Noida, Uttar Pradesh, India

Experience: 18 yrs 1 mo

Skills

Venture Capital
Seed Investments
Early Stage Ventures

Career Highlights

Founder of India's leading seed fund, 247VC.
Achieved multiple 10X+ exits with high annualized IRRs.
Invested in over 200 startups across diverse sectors.

Work Experience

247VC

Founder & General Partner (1 yr 4 mos)

100X.VC

Founder VC & Co-Founder (5 yrs 4 mos)

Randev Ventures (Family Office)

Investments (7 yrs 10 mos)

Z Nation Lab

Director (1 yr 11 mos)

News Corp

Vice President VCCEdge (1 yr)

VCCircle

Founding Member & Vice President | VCCEdge (11 mos)

Associate Vice President | VCCEdge (1 yr 11 mos)

Founding Member & Business Manager | VCCEdge (2 yrs 4 mos)

NIIT Ltd.

Business Associate | ELS Global Markets (1 yr 4 mos)

Zensar Technologies Ltd.

Quality Analyst (1 yr)

Prasar Bharati

Engineering Intern (1 mo)

Education

Master of Business Administration (MBA) at IMI Delhi

Bachelor of Engineering at Nagpur University

High School - International Baccalaureate at International School Bangkok

CBSE at Somerville School - India

at Carmel School Kuwait

Shashank Randev

Founder

Noida, Uttar Pradesh, India18 yrs 1 mo experience

Highly Stable

Key Highlights

Founder of India's leading seed fund, 247VC.
Achieved multiple 10X+ exits with high annualized IRRs.
Invested in over 200 startups across diverse sectors.

Stackforce AI infers this person is a Venture Capital expert with a focus on early-stage investments and startup acceleration.

Contact

Skills

Core Skills

Venture CapitalSeed InvestmentsEarly Stage Ventures

Other Skills

Investment CommitteePrincipal InvestmentsProductFamily OfficeMergers & AcquisitionsPrivate EquityNew Business DevelopmentStart-upsStrategic PlanningBusiness StrategyProduct MarketingProject ManagementEntrepreneurshipBusiness AnalyticsLeadership

About

Experience

247vc

Founder & General Partner

Nov 2024 – Present · 1 yr 4 mos · Mumbai & Noida · On-site

247VC is India's go to “Seed” fund backing legendary founders as the first institutional cheque with follow-on capital in future rounds. With a target corpus of Rs 250 crs, we plan to invest in 30 bold and daring startups in the next 3 years.
247VC is a team of domain expert Operator VCs, bringing battle-tested experience and unwavering focus to every venture. We are sector agnostic with a focus on 4 key themes: Consumption, Deep Tech, Enterprise Tech and Industry 5.0.
Intellectual capital is greater than everything. We partner with bold insurgents - the ones rewiring Bharat’s destiny with audacity and execution.
247VC is a SEBI Registered CAT II AIF.
Pitch to us: www.247vc.in

Investment CommitteePrincipal InvestmentsProductFamily OfficeEarly Stage VenturesVenture Capital+34

100x.vc

Founder VC & Co-Founder

Jul 2019 – Nov 2024 · 5 yrs 4 mos · Mumbai Area, India

100X.VC is a $17M early-stage fund investing in pre-seed/seed companies. Led investments into 180 investments from Fund I and II, since 2019.
Portfolio: www.100x.vc/portfolio. Read more about iSAFE Notes: www.100x.vc/isafe.

Early Stage Ventures

Randev ventures (family office)

Investments

May 2018 – Present · 7 yrs 10 mos · Mumbai & Noida

A new age family office with a focus on value creation across geographies. Established in 2018, Randev Ventures is the private investment body of the Randev Family Office with presence in India and the United Arab Emirates.
Randev Ventures is a closed-network fund providing strong tech-first founders with the proprietary capital and resources to build. Our portfolio of investments includes startups from B2B Emerging technology, Deeptech, SaaS, Cleantech, and ConsumerTech. We invest across India, MENA, North America and SEA.
Portfolio Startups Backed by Accel Partners, Elevation Capital, Lightspeed Ventures, Prime Venture Partners, and many more. Portfolio: www.randevventures.com/portfolio/.
Successful exits at 10X and above, with annualized IRRs ranging from 38% to 80%.
For pitch and investor relations: connect[at]randevventures[dot]com
www.crunchbase.com/person/shashank-randev

Early Stage VenturesFamily OfficePrincipal Investments

Z nation lab

Director

Aug 2016 – Jul 2018 · 1 yr 11 mos · Mumbai Area, India

As part of the early team, I spearheaded, conceptualized and launched Z Nation Lab’s Bootcamp program, accelerated 70+ tech-enabled start-ups and invested across 16 in India. Z Nation Lab is a technology accelerator and seed fund selectively investing up to USD 50K of capital in high growth startups.
Led mining, scouting and analysing potential investable start-ups in domains including IoT, Analytics, Artificial Intelligence, Real Estate-Tech, Fintech, Healthtech and Consumer Retail.

Early Stage Ventures

News corp

Vice President VCCEdge

Apr 2015 – Apr 2016 · 1 yr · Mumbai, Maharashtra, India

Founding member of VCCEdge (www.vccedge.com) - India’s premier financial research platform providing comprehensive data and analytical tools to professionals’ part of the Indian investment ecosystem. VCCEdge, a division of VCCircle Network was acquired by News Corporation (www.newscorp.com) in March 2015.
Established VCCEdge as the most reliable research solution for the Indian investment ecosystem with leading global and domestic private equity, venture capital firms and investment banks as clients. The role required me to wear multiple hats ranging from product development, research, marketing, business development and account management; all with a single focus of building a comprehensive and robust data product facilitating investment and business research.

Vccircle

3 roles

Founding Member & Vice President | VCCEdge

Promoted

Apr 2014 – Mar 2015 · 11 mos · Mumbai | New Delhi, India

I led revenue, business strategy, product and business development for VCCEdge, an online financial research platform brought to you by VCCircle (www.vccircle.com) - India's leading online financial data and information services group.
It is India’s most comprehensive online deal platform that covers the investment eco-system. VCCEdge provides private & public company financial data, private equity, venture capital, M&A, ECM and debt transactions data.

Associate Vice President | VCCEdge

Promoted

Apr 2012 – Mar 2014 · 1 yr 11 mos · Mumbai | New Delhi, India

Founding Member & Business Manager | VCCEdge

Nov 2009 – Mar 2012 · 2 yrs 4 mos · Mumbai | New Delhi, India

Founding member of the Startup. Successfully launched VCCEdge, a financial research platform for investment banks, venture capitalists and private equity funds. Set up and kick-started VCCircle’s operations in Mumbai.

Niit ltd.

Business Associate | ELS Global Markets

Jan 2007 – May 2008 · 1 yr 4 mos · New Delhi Area, India

NIIT Enterprise Learning Solutions Business (NIIT ELS) is a global outsourcing company that delivers transformative strategies through its outsourced Managed Training Services.
Part of the Global marketing team for publishing vertical, managing clients which included Pearson, McGraw-Hill and various others.

Zensar technologies ltd.

Quality Analyst

Jan 2005 – Jan 2006 · 1 yr · Pune Area, India

Zensar is a global information digital solutions and technology services company that specializes in partnering with global organizations across industries on their Digital Transformation journey
http://www.zensar.com/

Prasar bharati

Engineering Intern

May 2002 – Jun 2002 · 1 mo · New Delhi Area, India

Positioned with the Electronics and Program wing at the Central Production Centre, Prasar Bharti Doordarshan where I was assigned tasks in technical operations.