Norwest Venture Partners

Norwest Venture Partners is a venture capital and growth equity investment firm founded in 1961 and based in Palo Alto, California. The firm specializes in early to late-stage investments across a diverse range of sectors, including technology, healthcare, consumer products, and business services. Norwest has invested in over 600 companies and currently partners with more than 140 active firms within its portfolio. The firm focuses on providing capital to companies in the United States, India, and Israel, investing amounts typically ranging from $1 million to $30 million for early-stage companies and $15 million to $100 million for growth equity investments. With a strong emphasis on helping CEOs and founders scale their businesses, Norwest leverages its extensive network and operational expertise to support the companies in which it invests.

Robert Abbott

Partner

Parker Barrile

Partner and Co-Head of Consumer

Lauren Beauchamp

Growth Equity Investor

Beechuk, Scott

Partner

Katie Belding

Partner, Portfolio Services

Betcher CPA, Kurt L.

Administrative Partner

Boyd, Laura E.

Principal, Head of Mergers Acquisitions and Capital Markets

Braun, Yoni

Vice President

Chaudhary, Shiv

Managing Director

de Clercq, Casper L.

General Partner

Nathan Cohen

Vice President

Elaine Dai

Investor

De Dominicis CPA, Matthew W.

Partner and CFO

David Glaser

Investor

John Gu

Principal

Ryan Harris

General Partner

Sean Jacobsohn

Partner

Trey Jennings

Senior Associate

Krish Kapadia

Associate, NVP India

Paul Kigawa

Associate

Nikhil Kookada

Vice President

Jordan Leites

Vice President

Sonia Li

Associate

Brian Matesic

Principal

Scott Mitchell

Vice President

Venkat Mohan

Operating Partner and Board Member

Nahumi, Dror

General Partner

Michelle Nie

Investor

Pike, Connor

Principal, Growth Equity

Prasad, Ankit

Vice President

Irem Rami

Principal, Growth Equity and Venture

Ravi, Ashwin

Associate

Christopher Scullin

Vice President

Rama Sekhar

Partner

Suraj Shah

Vice President

Niren Shah

Managing Director and Head of India, Norwest Venture Partners (NVP) India

Chris Sondej

Principal, Growth Equity

Gabe Stauber

Associate

Gary Tang

Senior Associate

Laurie Tennant

Principal, People Advisory

Sanchana Vasikaran

Associate

Jessica Yi

Vice President

Edward Yip

Partner

David Zilberman

General Partner

Dave Zilberman

General Partner

Past deals in FMCG

CityMall

Series C in 2022
CityMall is a community commerce platform focused on 300 million new to internet users living in small cities, towns, and villages in India. CityMall is focused on Grocery, Fresh and Packaged FMCG, Electronics, Fashion categories. So far e-commerce has primarily benefited residents of the top 8 metropolitan cities in India. Key reasons for this are lack of trust, lack of familiarity with browsing and transacting online, low average order values (which makes economic viability a challenge for the platforms), lack of credit in online channels (which neighbourhood stores offer). CityMall is a highly efficient channel to serve these consumers through "Community Leaders". They are the "Social" & "Geographical" connectors between end consumers and CityMall. They help us in customer acquisition, localized sales & marketing to capture customers' share of wallet, and the last mile logistics in their communities, thus making the community-led model more suitable for small towns, cities, and villages. Founded by IIT Delhi and IIT Roorkee alumni with 8+ years of entrepreneurial experience, Citymall aims to create hundreds of thousands of such micro-entrepreneurs and empower them to create the go-to e-commerce platform for Bharat. CityMall is backed by top-tier VCs like General Catalyst, Elevation, Accel, Jungle Ventures and Waterbridge.

Mensa Brands

Series B in 2021
Mensa Brands is a brand-building company that focuses on identifying and investing in established digital-first brands within the lifestyle, home, and beauty sectors. The company provides working capital and equity investments to direct-to-consumer startups, aiming to enhance their online presence and drive growth. By leveraging its expertise in areas such as product development, merchandising, technology, and supply chain management, Mensa Brands supports founders in achieving successful financial exits while transforming their businesses through effective partnerships.

Mensa Brands

Venture Round in 2021
Mensa Brands is a brand-building company that focuses on identifying and investing in established digital-first brands within the lifestyle, home, and beauty sectors. The company provides working capital and equity investments to direct-to-consumer startups, aiming to enhance their online presence and drive growth. By leveraging its expertise in areas such as product development, merchandising, technology, and supply chain management, Mensa Brands supports founders in achieving successful financial exits while transforming their businesses through effective partnerships.

Forum Brands

Series A in 2021
Forum Brands is a provider of a data-driven Amazon business acquisition platform. Forum provides a platform that merges proprietary technology with deep e-commerce and consumer investing knowledge to identify, acquire and scale third-party Fulfillment by Amazon (FBA) businesses into household brands.

Mensa Brands

Series A in 2021
Mensa Brands is a brand-building company that focuses on identifying and investing in established digital-first brands within the lifestyle, home, and beauty sectors. The company provides working capital and equity investments to direct-to-consumer startups, aiming to enhance their online presence and drive growth. By leveraging its expertise in areas such as product development, merchandising, technology, and supply chain management, Mensa Brands supports founders in achieving successful financial exits while transforming their businesses through effective partnerships.

SK Finance

Series E in 2021
SK Finance is a non-deposit accepting asset finance retail franchisee for the mid-market space. It caters to five product segments, including commercial vehicles, agricultural and construction equipment, passenger vehicles, two-wheelers, and small businesses.

CityMall

Seed Round in 2020
CityMall is a community commerce platform focused on 300 million new to internet users living in small cities, towns, and villages in India. CityMall is focused on Grocery, Fresh and Packaged FMCG, Electronics, Fashion categories. So far e-commerce has primarily benefited residents of the top 8 metropolitan cities in India. Key reasons for this are lack of trust, lack of familiarity with browsing and transacting online, low average order values (which makes economic viability a challenge for the platforms), lack of credit in online channels (which neighbourhood stores offer). CityMall is a highly efficient channel to serve these consumers through "Community Leaders". They are the "Social" & "Geographical" connectors between end consumers and CityMall. They help us in customer acquisition, localized sales & marketing to capture customers' share of wallet, and the last mile logistics in their communities, thus making the community-led model more suitable for small towns, cities, and villages. Founded by IIT Delhi and IIT Roorkee alumni with 8+ years of entrepreneurial experience, Citymall aims to create hundreds of thousands of such micro-entrepreneurs and empower them to create the go-to e-commerce platform for Bharat. CityMall is backed by top-tier VCs like General Catalyst, Elevation, Accel, Jungle Ventures and Waterbridge.

SK Finance

Private Equity Round in 2019
SK Finance is a non-deposit accepting asset finance retail franchisee for the mid-market space. It caters to five product segments, including commercial vehicles, agricultural and construction equipment, passenger vehicles, two-wheelers, and small businesses.

Grove Collaborative

Series D in 2019
Launched in 2016 as a Certified B Corp, Grove Collaborative is transforming consumer products into a positive force for human and environmental good. Grove creates and curates high-performing, planet-first products across household cleaning, personal care, laundry, clean beauty, and pet, serving millions of households across the U.S. The Grove Co. brand helped create the zero-waste home care category and continues to be the market leader. Every item Grove offers, from both brands they craft — like their flagship brand Grove Co., plastic-free personal care line Peach, and clean skincare brand Superbloom — and from exceptional third-party brands, has been thoroughly vetted against strict standards for clean ingredients, efficacy, sustainability, cruelty-free formulas, and ethical supply chain practices. Grove, a public benefit corporation, is on a mission to move Beyond Plastic. Grove is the first plastic neutral retailer in the world and is committed to being 100% plastic-free by 2025. For more information, visit grove.co/beyondplastic.

SK Finance

Private Equity Round in 2018
SK Finance is a non-deposit accepting asset finance retail franchisee for the mid-market space. It caters to five product segments, including commercial vehicles, agricultural and construction equipment, passenger vehicles, two-wheelers, and small businesses.

Kishlay Foods

Series A in 2018
Kishlay Foods Pvt. Ltd. manufactures biscuits, cookies, and rusk. It manufactures products, including cheese, balls, crisp puffs, snacks, potato chips, ring chips, and tri cone chips. The company was incorporated in 2001 and is based in Guwahati, India.

Grove Collaborative

Series C in 2018
Launched in 2016 as a Certified B Corp, Grove Collaborative is transforming consumer products into a positive force for human and environmental good. Grove creates and curates high-performing, planet-first products across household cleaning, personal care, laundry, clean beauty, and pet, serving millions of households across the U.S. The Grove Co. brand helped create the zero-waste home care category and continues to be the market leader. Every item Grove offers, from both brands they craft — like their flagship brand Grove Co., plastic-free personal care line Peach, and clean skincare brand Superbloom — and from exceptional third-party brands, has been thoroughly vetted against strict standards for clean ingredients, efficacy, sustainability, cruelty-free formulas, and ethical supply chain practices. Grove, a public benefit corporation, is on a mission to move Beyond Plastic. Grove is the first plastic neutral retailer in the world and is committed to being 100% plastic-free by 2025. For more information, visit grove.co/beyondplastic.

SK Finance

Venture Round in 2018
SK Finance is a non-deposit accepting asset finance retail franchisee for the mid-market space. It caters to five product segments, including commercial vehicles, agricultural and construction equipment, passenger vehicles, two-wheelers, and small businesses.

Yatra

Series F in 2015
Yatra provides airline reservation flight ticket booking service online. Book cheap flights tickets, hotels, discount honeymoon holiday packages, cheapest air travel holiday fare with affordable hotel vacation package in India.

Fashion & You

Series D in 2014
Fashion and You is a private online shopping club based in Gurugram, India, that specializes in offering a wide range of fashion apparel and accessories for men, women, and children. Founded in 2010, the platform features collections from top designers and provides members with exclusive access to authentic merchandise at discounted prices, often up to 80% off retail. The company focuses on creating limited-time events that allow members to shop for clothing, ethnic wear, western wear, footwear, handbags, and various fashion accessories, all curated from international lifestyle brands and designer labels.

CRMNEXT

Series A in 2014
CRMNEXT is an enterprise CRM solution provider credited with the world's largest installations in financial sector. From Fortune 500 to start-ups, businesses across nine verticals have built profitable customer relationships via CRMNEXT. CRMNEXT eliminates the barriers between human and digital channels, enabling world-class, omni-channel customer interactions from a single platform. It recalibrates banks’ potential to grow engagement, drive profitability, and deliver innovation. CRMNEXT’s customers include global brands like Pfizer, State Bank of India, HDFC Bank, ICICI Bank, Axis Bank, Tata AIA, Reliance, Banco de Oro Philippines, National Bank of Oman, Pavers England etc. It is in Gartner Magic Quadrant for Lead management, Sales Force Automation and Customer Engagement. For more information,

Yatra

Series E in 2014
Yatra provides airline reservation flight ticket booking service online. Book cheap flights tickets, hotels, discount honeymoon holiday packages, cheapest air travel holiday fare with affordable hotel vacation package in India.

Snowman

Venture Round in 2013
Snowman Logistics Ltd. (Snowman) is India’s first Cold Supply Chain Company with a nationwide presence connecting more than 100 cities and distributing to more than 4400 outlets. We are today the trusted market leader in food supply chain management.

Fashion & You

Venture Round in 2011
Fashion and You is a private online shopping club based in Gurugram, India, that specializes in offering a wide range of fashion apparel and accessories for men, women, and children. Founded in 2010, the platform features collections from top designers and provides members with exclusive access to authentic merchandise at discounted prices, often up to 80% off retail. The company focuses on creating limited-time events that allow members to shop for clothing, ethnic wear, western wear, footwear, handbags, and various fashion accessories, all curated from international lifestyle brands and designer labels.

Yatra

Series C in 2011
Yatra provides airline reservation flight ticket booking service online. Book cheap flights tickets, hotels, discount honeymoon holiday packages, cheapest air travel holiday fare with affordable hotel vacation package in India.

M-Factor

Series D in 2009
M-Factor, Inc. develops and delivers Web-based profit and revenue optimization software for consumer goods, retail, and quick serve restaurant sectors in the United States and internationally. It develops a software-as-a-service suite that analyzes, forecasts, and optimizes marketing investments and trade spend. The company’s solutions include M4 Marketing Investment Management, which tracks and optimizes marketing and in-store promotional investments; T4 Trade Spending Effectiveness that reallocates trade spend; and P4 Portfolio Pricing Optimization, which allows users to price regions, channels, and products. M-Factor, Inc. was founded in 2003 and is based in San Mateo, California.

Yatra

Series A in 2006
Yatra provides airline reservation flight ticket booking service online. Book cheap flights tickets, hotels, discount honeymoon holiday packages, cheapest air travel holiday fare with affordable hotel vacation package in India.
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