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#DamaniTalks

Episode 75: From MakeMyTrip to DeepTech - India's OG VC Story | Sandeep Singhal

06 Oct 2025

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What does it take to spot India’s startup wave a decade before it arrived, back the country’s earliest unicorns, and then pivot to building a climate-tech fund for the next generation?In this episode of #DamaniTalks, in conversation with Sandeep Singhal, one of the true OGs of venture capital in India. From a small-town upbringing in Kanpur to Stanford in the 1980s, to McKinsey in New York, and finally co-founding eVentures and Nexus Venture Partners, Sandeep has lived the evolution of India’s startup ecosystem - shaping how the VC industry itself took root here.Highlights:Growing up in Kanpur, stumbling into Stanford by chance, and his early Silicon Valley startup years.Why he returned to India in the late ’90s - long before it was cool - and co-founded eVentures, backing companies like MakeMyTrip.The origins of Nexus Venture Partners and the philosophy that grew it into a $2.6B powerhouse with iconic investments like Postman, Delhivery, Zepto, Snapdeal, Netmagic, Unicommerce, and WhiteHat Jr.Why he believes the real opportunity ahead is in climate, deep tech, and sustainability through his latest chapter at Avana Capital.This is a masterclass in long-term conviction, spotting patterns early, and building India’s entrepreneurial fabric brick by brick.

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