Vedanta Capital

Vedanta Capital is a venture capital firm based in New York, established in 2006. With a focus on technology, healthcare, and consumer-oriented markets, the firm seeks to invest in companies that offer innovative products and services, particularly those that enhance or complement network infrastructure and develop advanced medical technologies. Its experienced team, comprised of industry veterans with a history of investing since the 1980s, leverages a robust network in Asia and Europe to identify opportunities and create value for its portfolio companies. Vedanta Capital currently manages total commitments of $600 million and operates as a Registered Investment Adviser.

Gonzalo Cordova Ph.D

Partner

Andrew Dworkin JD

Partner

Michael Patterson

General Partner

Margaret Riley

Partner

Shrikant Sathe

Partner

Parag Saxena

CEO

Jason Tronni

Vice President

10 past transactions

Carbon Origins

Funding Round in 2021
Carbon Origins focuses on virtual reality telerobotics to address the labor crisis by merging human expertise with advanced technology. The company allows skilled operators to remotely control various robotic systems across numerous industries, including food delivery, hospitality, mining, and construction, using commercially available VR headsets. Their innovative approach features sub-perception latency, immersive 360-degree video, spatial audio, lidar, and radar sensor overlays. Additionally, the integration of artificial intelligence aids operators in managing multiple machines simultaneously through a highly immersive VR interface. By enabling remote operation from home, Carbon Origins aims to enhance efficiency and flexibility in the workforce.

Digi-Prex

Seed Round in 2019
Digi-Prex operates a monthly medication delivery platform that focuses on serving patients with chronic diseases in India. Founded in 2019 and headquartered in Hyderabad, with an additional office in San Francisco, the company enables patients to upload prescriptions and receive their medications at discounted rates from local pharmacies. In addition to medication delivery, Digi-Prex offers a comprehensive management solution tailored to individual health needs, providing a one-stop platform for chronic disease management. This approach aims to simplify access to necessary treatments while supporting patients in effectively managing their health conditions.

Loan Frame

Seed Round in 2017
Loan Frame is a fintech company focused on creating a comprehensive lending marketplace for small and medium enterprises (SMEs) in the sub-continent. By integrating advanced technology and data science with extensive expertise in SME credit, Loan Frame aims to transform the small business lending sector. The company's online platform connects lenders with borrowers, facilitating the transfer of funds and providing a range of financing options, including both secured and unsecured loans. Through its innovative approach, Loan Frame not only supports the growth of small businesses but also offers lenders the opportunity to invest their capital at competitive market rates. Backed by prominent global investors, Loan Frame is committed to enhancing the lending experience for SMEs.

Channelinsight

Series C in 2011
Channelinsight is a provider of cloud-based Channel Data Management (CDM) solutions, enabling technology manufacturers to gain comprehensive visibility into their partner networks and end-customer transactions. The company processes over 120 million point-of-sale (POS) and inventory transactions annually, collecting data from more than 4,000 channel partners worldwide. By offering real-time insights into sales and inventory, Channelinsight supports clients in optimizing their operations and driving sales growth. Among its notable customers are industry leaders such as Schneider Electric, HP, Intel, and Microsoft. Channelinsight is headquartered in Denver, with additional offices in Palo Alto, the UK, and Singapore, and is supported by investors including Rho Ventures and Sequel Venture Partners.

Amonix

Series B in 2010
Amonix is a leading technology company specializing in High Concentration Photovoltaic (HCPV) systems for solar power generation. With over 20 years of experience, Amonix develops solar power generators designed for cost-effective, utility-scale deployment. The company's HCPV systems utilize the highest efficiency solar cells, similar to those used in satellites, and employ lenses to concentrate sunlight, significantly reducing the amount of costly solar cell material required. This innovative approach enables Amonix to provide lower-cost solar electricity. Additionally, Amonix operates solar power plants that leverage its advanced CPV technology for commercial applications both in the United States and internationally.

Chelsio Communications

Series F in 2009
Chelsio Communications, Inc. is a technology company that specializes in high-performance networking and storage solutions. Founded in 1997 and headquartered in Sunnyvale, California, with a design center in Bengaluru, India, Chelsio develops both hardware and software to address the demands of virtualized enterprise data centers, cloud service installations, and cluster computing environments. Its product offerings include Unified Wire Ethernet network adapter cards, unified storage software, high-performance storage gateways, unified management software, and bypass cards, among others. The company also provides protocol engines and server adapters designed for convergence networks, facilitating efficient traffic management over Ethernet. Chelsio markets its products through a network of distributors, integrators, and resellers, serving customers both domestically and internationally.

ConSentry Networks

Venture Round in 2009
ConSentry Networks is leading the delivery of intelligent control. Customers around the globe have adopted their intelligent control, enabling them to capitalize on today's new business practices including using contractors, outsourcing and offshoring, and more rapidly establishing working partnerships. ConSentry Networks, Inc. was founded in 2003 and is based in Milpitas, California. The company has received funding from Accel Partners, DAG Ventures, INVESCO Private Capital, and Translink Capital.

Arcot Systems

Series B in 2008
Arcot Systems, Inc. specializes in authentication and digital signing solutions aimed at protecting and verifying the digital identities of cardholders and merchants. Founded in 1997 and headquartered in Sunnyvale, California, with a technology center in Bangalore, India, the company offers a variety of services, including consumer portal protection, FFIEC compliance, identity management, Internet threat protection, SAFE biopharmaceutical compliance, and VPN authentication. Its key products include TransFort for Issuers and Merchants, RiskFort for real-time fraud prevention, WebFort and ArcotID for software-based authentication, A-OK On-Demand for secure authentication processes, and SignFort to streamline document signing and approval. Arcot Systems serves financial institutions, pharmaceutical companies, and e-commerce platforms, helping them combat online fraud and identity theft.

POINT Biomedical

Private Equity Round in 2008
POINT Biomedical is a privately held pharmaceutical company, founded to pursue technologies related to imaging and drug delivery. POINT's core technology is based upon an ultrasonically responsive two-layer, biodegradable microsphere or biSphereâ„¢. One of the most important features of this technology is the ability to noninvasively trigger the biSpheres to release their contents at sites within the body using externally generated pulses of ultrasound. From this basic platform, POINT is developing a pipeline of products that leverage the unique properties of the biSphere technology in the areas of imaging and therapeutics. POINT has initially focused development of this platform on the assessment of tissue specific blood flow. The lead product, CARDIOsphereâ„¢, is a pharmaceutical agent that will enable cardiologists to perform myocardial perfusion imaging studies in the office setting using ultrasound rather than more expensive and cumbersome nuclear (or radioisotope) techniques

LiteScape

Series B in 2007
LiteScape Technologies, Inc. specializes in unified communications software solutions that aim to streamline business operations in the United States. Founded in 2003 and based in Redwood Shores, California, the company offers a range of products designed to enhance collaboration and automate interoperability among various communications tools. Notable offerings include OnCast, which integrates enterprise infrastructure directories and various applications; CallTrack Pro, which assists legal and professional services firms in managing client-related phone communications; and Secure Profile Management, which personalizes access to corporate data on Internet protocol phones. Additionally, LiteScape provides technical support, training, and installation services. The company has established strategic alliances with major technology firms, including Cisco, Microsoft, and WebEx, to further enhance its service offerings.
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