Welcome to the first edition of Pentathlon Pulse
This is where you get a low-down on everything Pentathlon, including our portfolio companies, their performance, media activities, and an interesting take on the current B2B tech landscape.
Here’s what we’ll cover.
- What’s the latest: Understanding GenAI
- Swimming to new shores: Fund updates
- Riding towards new horizons: Portfolio exclusives.
- Hitting the bulls-eye: Our engagements
What’s the latest
If there’s a word today that can evoke contrasting emotions from one person to the next, that would be AI.
Everyone has an opinion about it — the most popular being it will take all our jobs and eventually control everything. It’s safe to say that hasn’t been the case. Because for all the benefits and prowess of AI, there are gaps that are yet to be filled. That’s why we’re looking at What GenAI Cannot Do to understand its implications at a much deeper level.
Swimming to new shores
Our successful investments in Fund I have encouraged us to aim higher with Fund II. With our investments in B2B tech startups being validated, we have seen that they provide the following advantages —
- 25X expected startup growth in 8 years
- 50% faster time to revenue
- Better revenue predictability
- 70-80% gross margins
Our portfolio has seen 8X growth since inception. Here are some notable mentions.
- Spyne: Revenue has grown 2X in 6 months
- Riskcovry: Revenue has grown 2X in 9 months
- ClearTrust: Revenue has grown 5X in 12 months
We are also bullish on a number of fronts and we are broadening our focus areas.
- Enterprise AI transformation
- E-commerce enablers
- Cybersecurity
- FinTech
- Vertical SaaS
- Agriculture (recently added)
- ESG (recently added)
Additionally, we are actively tapping into the innovation in up and coming startup hotspots in Tier II cities.
- Indore
- Kochi
- Surat
- Bhubaneshwar
Riding towards new horizons
We have invested in 2 promising startups – Vodex.ai and ElevateHQ.
Vodex is using GenAI to improve outbound calls and strengthen customer relationships for businesses.
What’s exciting about the space?
- High demand across various industries
- Innovation opportunities with Gen AI
- Golden chance to be a market leader
What’s exciting about Vodex.ai?
- Mastery in operational and sales efficiency
- Robust founding team
- Broad market applicability
ElevateHQ is building a sales incentive and commission automation solution that is highly customizable for implementing variable compensation plans.
What’s exciting about the space?
- 85% of the market uses spreadsheets
- Companies require months of implementation time
- Demand for highly customisable solutions
What’s exciting about ElevateHQ?
- Strong founding team with proven sales experience
- Blue ocean opportunity
- High scope for scaling
Hitting the bulls-eye
Why are all these people smiling?
Because they received exclusive invites to our GTM Dialogues event.
Held across India, the event brings together our family of SaaS Founders and GTM Leaders where we engage in meaningful conversations and provide mentorship on crucial entrepreneurial aspects.
Vodex.ai is one of the top 100 startups from India revolutionising the world, ranked by Inc42 Media.
CyborgIntell has signed a partnership agreement with Fiserv, which will provide a strong foundation to the company in North America. Exciting times ahead!
DeepTek’s AI-powered TB screening solution, Genki, has been validated by The Indian Council of Medical Research (ICMR). The validation will help DeepTek with widespread adoption and integration with India’s public health initiatives.
Managing Partner, Sandeep Chawda, interacted with aspiring women entrepreneurs as part of the Nasscom Tech.WE Fundraising Bootcamp. He shared fascinating insights on creating a compelling elevator pitch and a winning pitch deck to help women entrepreneurs in Pune make it big in B2B tech.
Now, it’s time to reveal the answer to our quiz.
How many unicorn startups are in India in 2024?
A: 120+
Follow us on LinkedIn to receive the latest news and insights.
Have feedback? Write to us at hello@pentathlon.vc
