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Today: May 8, 2024
January 22, 2024
1 min read

Empowering Tech Startups Serving Corporate Giants – Pavestone’s Secret Weapon

Pavestone Capital, a venture capital firm based in Hyderabad, India, is interested in backing tech startups that cater to large enterprises. The firm believes that India has the potential to produce platforms and products of global scale that meet the needs of large enterprises, and is eager to support entrepreneurs in this space. Pavestone Capital is particularly interested in enterprise technologies, a segment that is not currently receiving much market attention. These startups typically require patient capital and strategic guidance, as building products for large enterprises is a complex process that requires stability, security, and scalability.

Pavestone Capital has already made investments in three startups: E42, NewSpace Research & Technologies, and Bellatrix Aerospace. These startups align with Pavestone’s criteria as they have recurring revenue and serve large enterprise customers. The VC firm plans to invest in a total of 10-12 B2B startups in areas such as supply chain, drone tech, spacetech, and revenue lifecycle management. They also have plans to invest in “frontier technologies” such as 6G and material sciences. Pavestone Capital believes that now is an opportune time to build technology ventures focused on large enterprises in India, as success in the Indian market can pave the way for global expansion.

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