Surbhi Garg

CEO

Mumbai, Maharashtra, India13 yrs experience

Most Likely To SwitchHighly Stable

Key Highlights

Led over $500mm in tech acquisitions at Reliance Jio.
Invested in category-leading startups through a $200mm fund.
Silver Medalist from BITS Pilani.

Stackforce AI infers this person is a Venture Capitalist with expertise in strategic investments and technology startups.

Contact

Skills

Core Skills

Venture CapitalTransaction StructuringInvestment EvaluationStrategic M&aTransaction ManagementStartup IncubationInvestment Management

Other Skills

Venture InvestingTransaction structuring and commercial negotiationsEnd-to-end transaction executionFundraisingPortfolio ManagementStrategic InvestmentsCross-Border AcquisitionsDigital CommerceDeal SourcingEarly-stage StartupsEntrepreneurshipBusiness PlanningBusiness Model InnovationBusiness StrategyValuation

About

Currently a VC investing in growth/late stage tech startups in India across consumer internet, B2B, SaaS, Fintech/Financial Services and other digital platforms. https://economictimes.indiatimes.com/tech/funding/trifecta-capital-raises-rs-1500-crore-towards-final-close-of-first-equity-fund/articleshow/89408452.cms https://www.livemint.com/companies/news/trifecta-capital-raises-130-mn-for-close-of-vc-fund-11627319689624.html Previously at Reliance Jio Strategic Investments, where I completed 15+ tech acquisitions, totalling over US$ 500mm, for Jio Platforms and Reliance Retail. The transactions were a mix of secondary buyouts (angels, VCs, ESOPs, etc.) and primary funding. Skills: Venture Investing | Secondary buyouts | Transaction structuring and commercial negotiations | End-to-end transaction execution (def docs, DD, regulatory compliances) | Charting out the growth trajectory with promoters post acquisition | KMP hiring | Implementing high Corporate Governance standards (incl. internal controls)

Experience

13 yrs

Total Experience

4 yrs 4 mos

Average Tenure

5 yrs 3 mos

Current Experience

Trifecta capital

SVP, Equity

Feb 2021 – Present · 5 yrs 3 mos · Mumbai, Maharashtra, India

VC investments in category-leading growth/late-stage tech startups through Trifecta Leaders Fund, a $200mm VC fund.
Current Investments:
Auxilo (India’s 3rd largest education financing NBFC)
ixigo (leading online travel booking platform) (now a listed player in India)
Meesho (leading social-ecommerce player)
Country Delight (D2C brand in dairy and kitchen essentials)
Atomberg (an innovative technology company offering smart BLDC fans to consumers)
Fibe (a fintech player offering unsecured loans)
Livspace (India's leading home interiors platform with a strong presence in Singapore)
Dailyhunt (India's leading digital media platform)
Cars24 (India's leading used cars platform with rapidly expanding global footprint)
The Good Glamm Group (leading D2C beauty and personal care brand)
API Holdings/Pharmeasy (leading omnichannel pharma and healthcare platform)
Pristyn Care (India's leading asset-light healthtech platform)
Roles and responsibility:
Thesis building and Investment Evaluation
Transaction structuring and negotiations
Deal closure and post-closing portfolio management
Fundraising from domestic and global LPs (institutions, corporates, UHNIs)
https://www.livemint.com/companies/news/trifecta-capital-raises-130-mn-for-close-of-vc-fund-11627319689624.html
https://www.livemint.com/news/india/trifecta-capital-expands-biz-with-launch-of-200-mn-equity-fund-11617724126659.html

Venture InvestingTransaction structuring and commercial negotiationsEnd-to-end transaction executionFundraisingVenture CapitalTransaction Structuring

Reliance industries limited

Strategic Investments

Jul 2017 – Feb 2021 · 3 yrs 7 mos · Mumbai Area, India

Led strategic investments (across India, Israel and US) in new-age tech and digital commerce cos:
Cross-Border acquisition of a NASDAQ listed company in Telecom Networking Technology for Reliance Industries (incl. CFIUS approval)
Leading Pharmacy e-tailer for Reliance Retail NewCommerce business in $85 mn+ transaction
Leading furniture e-tailer for Reliance Retail business in $24mn+ transaction
Conversational AI product for Jio Platforms in $100mn+ transaction
Patented Mixed Reality Platform (now Jio Glass) for Jio Platforms
Proprietary Drone Manufacturing & Intelligence Platform for Indian defence forces and enterprises
O2O platform (including Inventory Management and Sales) for Fashion and Electronic retailers in a $40mm+ transaction
High performance computing and simulation technology for aerospace (modelling), healthcare (non-invasive diagnostics) and other applications in Jio Platforms
Digital, No-code platform for SMEs & professionals to build & manage an online presence and transact online in $28mn+ transaction
Pharma software for C&F, distributors, retailers, online e-commerce and sales force automation
Cross border investment in AI-based Driver Assistance Technology co. for Jio Platforms
Cross border investment in AR-VR based gaming technology company for Jio Platforms
IP Acquisition of US-based visual computing platform
Global digital platform for Indian handicrafts and artisanal products

Strategic InvestmentsCross-Border AcquisitionsDigital CommerceTransaction ManagementStrategic M&A

Gennext venture fund

AVP, Investments

May 2013 – Jul 2017 · 4 yrs 2 mos · Mumbai, Maharashtra, India

Established Labs/02 (Jerusalem based startup incubator), sponsored by the Israel Innovation Authority (IIA), Ministry of Economy, Israel. Won a highly competitive bid by the IIA, in partnership with Ourcrowd, Motorola Solutions and Hebrew University’s Yissum technology transfer
Involved in setup of Jio GenNext (Startup accelerator program) in partnership with Microsoft
Involved in creating global network of investors across UK, Israel, US and India for deal sourcing and co-investment opportunities; Invested and managed early-stage companies:
Patented vision computing platform; Cisco co-invested in follow-on round
Industrial automation platform; co-investment with Cisco and Blume
Multiple seed / early stage investments, and platform strategies to capture value pools for Jio in
the digital ecosystem

Startup IncubationInvestment ManagementDeal Sourcing