SANDEEP SINGHAL
Co-founder of Nexus Venture Partners and a pioneer of early-stage venture capital in India
Sandeep Singhal helped invent Indian venture capital. In 2006 he co-founded Nexus Venture Partners and grew it into one of India's biggest early-stage funds, backing names like Postman, Delhivery, and Zomato before they were huge. He got there the hard way, starting one of India's first VC firms back in 1999 when almost nobody in India did venture. A Stanford engineer and Wharton MBA who chose to bet on Indian founders when that was an unfashionable idea. Now he backs the market he helped create.
Net Worth
Not publicly disclosed
Nationality
Indian
Time Horizon
Long-Term
Risk Appetite
8 / 10
CAREER & BACKGROUND
Singhal did not inherit the Indian startup scene. He helped build it.
He studied electrical engineering at Stanford and earned an MBA from Wharton, then worked at McKinsey and in Silicon Valley tech. In 1999 he co-founded eVentures India, one of the country's earliest venture firms, and backed future giants like MakeMyTrip.
He also co-founded and ran Medusind, a healthcare outsourcing company. Then in 2006 he teamed up with Suvir Sujan and the late Naren Gupta to launch Nexus Venture Partners.
He grew Nexus to $1.5 billion in assets and stayed a general partner until 2021.
COMPANIES & ROLES
Nexus Venture Partners is the headline. Singhal co-founded the firm in 2006 and it now manages around $2.6 billion.
Its portfolio reads like a tour of Indian tech. Delhivery, the logistics company that went public.
Postman, the software tool used by tens of millions of developers. Zomato, the food-delivery giant.
Data companies like Druva and Hasura. Before Nexus he co-founded eVentures India in 1999 and ran Medusind, a healthcare outsourcing firm.
He has sat on more startup boards than most people have jobs.
INVESTING STYLE & PHILOSOPHY
Singhal invests early and bets on the founder first. His filter is passion.
If a founder cannot make him as excited about the problem as they are, he passes. He wants people who genuinely want to build something big, not people chasing a quick flip.
He is also blunt about the odds. Nexus says no quickly and accepts it will get some calls wrong.
In plain terms, he backs obsessed builders early, moves fast on decisions, and does not pretend anyone can pick only winners.
THE PLAYBOOK
Risk Approach
Early-stage venture is a business of being wrong most of the time, and Singhal knows it. His own words are that Nexus says no quickly and accepts it will get things wrong.
The way you survive that is not by avoiding losses but by making sure your winners are enormous. He spreads bets across many young companies, expecting most to fizzle and a few to pay for everything.
He also pushes founders to be clear-eyed about their own risks before he backs them. Being comfortable with being wrong often is the whole job.
Money Habits
Singhal keeps a low personal profile for someone who helped shape an entire industry. There is little public detail on how he spends his own money, and he is not a flashy public figure the way some founders are.
What is on the record is professional. He stayed a hands-on general partner at Nexus until 2021, then shifted to a senior advisor role rather than fully walking away.
He sits, or has sat, on a long list of startup boards, which is the least glamorous and most time-consuming way to be a VC. The habit that defines him is showing up for the companies, not the cameras.
BIGGEST WIN
The clearest wins are the companies Nexus backed early that became household names. Delhivery, the logistics firm Nexus backed years before it went public in a listing valued in the billions.
Postman, now used by tens of millions of software developers worldwide. Zomato, the food-delivery giant that also went public.
Getting into these early, when Indian tech was still unproven, is the payoff for a decade of unfashionable bets. Singhal was building conviction in Indian founders while most global money still ignored the country.
BIGGEST MISTAKE
Singhal has not put his failures on display, which is normal for a VC. Venture is a business where most bets fail by design, so the honest framing is not one dumb deal but the shape of the whole job.
For every Delhivery or Postman, a fund like Nexus backs many startups that quietly go nowhere. Singhal himself says they know they will get things wrong.
The real risk he took was earlier and bigger. He bet his career on Indian venture capital in 1999, when the market barely existed and plenty of people thought it never would.
FINANCIAL PHILOSOPHY
Singhal's philosophy starts with the founder, not the spreadsheet. He believes good entrepreneurs just want to build something big, and that passion is the thing you cannot fake.
He tells founders not to lead with valuation demands and to let the market decide what they are worth. He prizes the ability to listen, because in his view the market and the competition are always telling you something if you pay attention.
And he is honest that saying no fast and being wrong sometimes is part of the game. Back the person, listen hard, move quickly.
FAMILY & PERSONAL LIFE
Singhal keeps his family life private, which fits his generally low public profile. What is well documented is his path between two countries.
He was educated in the United States, at Stanford and Wharton, and worked in Silicon Valley before building his career around Indian startups. That mix of American training and Indian focus defines his professional life.
Beyond that, he lets his work stay in the spotlight and himself stay out of it.
EDUCATION
Singhal has a serious academic pedigree. He earned a BS in electrical engineering from Stanford, where he was elected to Phi Beta Kappa and Tau Beta Pi, two honor societies you do not get into by coasting.
He followed that with an MBA, with Distinction, from the Wharton School at the University of Pennsylvania, majoring in finance and marketing. Engineer first, financier second.
That combination is exactly what venture capital rewards.
BOOKS & RESOURCES
's The Hard Thing About Hard Things covers the messy reality of building the companies VCs like Singhal fund. Together they explain both sides of the table he has sat on for decades
As an Amazon Associate, Netfigo earns from qualifying purchases. Book links above may be affiliate links.
QUOTES (6)
That individual, when they are presenting to me, should get me as excited about the problem as they are.
The ability to listen, because the market is always telling you something, the competitors are telling you something.
Good entrepreneurs just want to build something big.
We say no quickly, and we know we will get things wrong.
Have the market tell you what they think is a fair valuation.
You need to build a team around you.
NETFIGO SCORE
Proprietary 5-dimension investor rating
Risk Appetite
Contrarian Index
Track Record
Accessibility
Time Horizon
Related Profiles
Head-to-Head
Compare Sandeep Singhal vs another investor.