October 2000
WestBridge raises $138m to invest in Indian startups
Purpose
In the next 10 years, the Indian economy will go through enormous changes. Both human and financial capital will enable and accelerate that change. Purpose-driven entrepreneurs are playing a key role in sustainable economic growth and hold the power to change lives, exponentially, for generations.
Discover our purposeWestBridge in numbers
$ 7.5 +B
Fund size as of August 2022
As one of the first, and one of the largest and most experienced investors in India, we’ve navigated through all kinds of scenarios with our partners over the years. We bring that knowledge and insight to our relationships and decision-making. With 22 years of tech investing in our pocket, we’re primed for the next 20 years, when we believe that tech-enabled and tech-led Indian businesses will outperform their competitors.
5-25
Investment horizon, in years
WestBridge is a patient investor. We place value on taking the time founders and their companies need to flourish. Our evergreen fund structure allows us to take this long-term view, with no hurry to exit. Economic fluctuations? They don’t scare us off. In fact, those conditions deepen partnerships in ways that can only happen with time.
$ 10-500 M
Range of capital investments
Great businesses and leadership are what we invest in. If we’re the right match for you, we’ll enter a partnership at any stage, play a significant role in attracting follow-on capital, develop strategy, help you build a powerful board, recruit key management and enable successful transitions.
Our purpose
We're passionate about building a sustainable economy
1
We’re stewards of a virtuous cycle of venture: purpose-driven capital flows to passionate entrepreneurs determined to improve peoples’ lives. The fruits of those successful investments flow back into the investment cycle. The process continues, upward and onward.
There’s a huge, untapped opportunity in developing services that support the needs of middle and low-income Indians, rather than just focusing on elite and premium markets. In this way we’re building bigger businesses and changing more lives for the better. We seek to generate value, in all senses of the word.
2
We're passionate about building a stable and sustainable economy. And if you want to build something great, time has to be your friend. That’s where our evergreen fund comes in.
WestBridge has the luxury of time to track down the best ideas in the least likely places, and our portfolio partners have the time they need to build their companies. Founded on a vision that can evolve for years – or decades – we expect them to be around forever.
3
We’re part investors, part business builders. Every day we wake up, amazed at the once-in-a-generation opportunities before us, and we step into the vanguard. The unicorns in our portfolio signal that our time is now.
In 10 years, technology will drive 90% of our portfolio, unlocking a new generation of innovation and prosperity. If we can lift lives, now, we can catalyze India’s future as a global technology leader.
Our History
November 2010
Thompson Reuters acquires Pangea3 for $40m
January 2011
Pearson increases stake in TutorVista to 76% for $140m
February 2011
WestBridge launches Crossover Fund
September 2011
CSC acquires AppLabs for undisclosed sum
August 2014
WestBridge Capital acquires nearly 21m shares of TVS Motor Company
December 2015
Dr. Lal PathLabs IPO
May 2016
Ujjivan Financial Services IPO
January 2022
Dealshare turns unicorn
June 2022
PhysicsWallah turns unicorn
August 2022
WestBridge’s AUM reaches $7.7b
WestBridge Philanthropy
Investing in our future
While our portfolio partners are solving society’s most entrenched problems through business solutions, some challenges are better approached outside the marketplace. WestBridge is passionate about giving back and closing the loop between business and social good.
We model our philanthropic acumen on our relationships with founders. We don’t just write a cheque, we build responsive partnerships, and actively listen to nonprofits and NGOs to understand their needs. When appropriate, we provide strategic and other support to strengthen their effectiveness. Together, we fund the aspirations of promising individuals, preserve culture and prevent the exploitation of our environment and our most vulnerable citizens.