Sunil Gurbaxani joins 35 North Ventures as an Operating Partner on its board. 35 North Ventures is a sponsor to India Discovery Fund, India’s largest SEBI approved angel fund with a fund size of $100 millon. 35 North Ventures provides founders a vast network of industry leading professionals that supplement startups growth.
It has recently onboarded Mr. Sunil Gurbaxani as an operating partner on the board. Mr. Sunil Gurbaxani was previously the CEO and Managing Director of Dhanlaxmi Bank. He is a banker par excellence with three decades of experience across geographies.
The VC firm had also onboarded Mr. Avtar Monga, former CEO of IDFC First Bank and former executive at Bank of America to its board this year.
Commenting on the new addition to the team Milan Sharma, Partner, 35 North Venture said “We are delighted to welcome Sunil into the 35 North Venture family. His leadership appointments are strategically aligned with our aim to fortify human capital within the company and have people with the right skills and experiences who will help us reach the next level of growth.”
Founded in 2021, India Discovery Fund invests in asset-light business models that are tech-enabled and have a high potential to rapidly scale up. The fund seeks to provide growth capital to aid the creation of solutions that will revolutionize the Indian market with bold and disruptive ideas.
Moreover, the fund has also recently invested in emerging startups such as CloudTailor, SpeEdLabs, Dhybrid, Stupa Analytics more more.
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