Basil Partners

Basil is a venture capital fund investor that identifies and invests in niche technologies that are disrupting the IT services space. It is focused on investing in either Indian or Asian companies that seek to expand into Global markets or US or European companies which have an India or Asia centric offshore-based model. Basil’s investment philosophy is to Partner with the Portfolio company and “Actively Build” world-class companies. Their capital comes from “Basil Growth Corporation”, a closed-end Venture Capital Fund incorporated in Mauritius. Basil Partners is based in Singapore.

Soma Dhar

Partner and CEO

Prasanna Oke

CFO and General Partner

Rajeev Srivastava

CEO and Managing Partner

11 past transactions

MadeiraMadeira

Series E in 2021
MadeiraMadeira is an online marketplace based in Curitiba, Brazil, specializing in home products. Founded in 2009, the platform offers over 300,000 items, allowing customers to build, furnish, renovate, and decorate their homes conveniently through their smartphones or computers. The product range includes bathtubs, wooden doors, steel windows, wooden flooring, and lighting products, enabling consumers to access a comprehensive selection of home decor items in one place.

Clim8 Invest

Equity Crowdfunding in 2020
Clim8 Invest develops an app for sustainable investing so people can make an impact on climate change with their savings. Clim8 is a simple way to invest in a sustainable portfolio of carefully selected companies already making a positive impact on climate change. Clim8's mission is to move billions of pounds of investments into clean energy and truly green, sustainable companies.

Accion Labs

Private Equity Round in 2020
Accion Labs is a technology services firm that specializes in supporting clients throughout the innovation spectrum, particularly in the healthcare, financial services, technology, and fintech sectors. The company assists clients in conceptualizing, designing, developing, and deploying commercial software products, leveraging emerging technologies such as cloud computing, artificial intelligence, big data analytics, and advanced user experience design. Accion Labs offers tailored services for businesses at various growth stages, from start-ups to established firms, focusing on product development, maintenance, quality assurance, and managed services. Their flexible engagement model, known as Collaborative Product Delivery, enables clients to deliver software solutions more efficiently and cost-effectively. With a presence in the US, India, and Singapore, Accion Labs is committed to helping organizations optimize their growth and enhance their engineering capabilities through a range of strategic consulting and development services.

SelectHub

Venture Round in 2015
SelectHub is a platform for companies to evaluate and procure software products in a collaborative manner. It enables multiple stakeholders across IT, procurement, finance, PMO, legal, and other end-user business units to work together to evaluate, select, and purchase the right technology solutions. It helps users become aware of solution options, access research that may not be readily available in the public domain and conduct their evaluation in a streamlined, inclusive and thorough manner. They can choose to communicate with vendors and coordinate RFIs and proof-of-concepts via the SelectHub platform sharing as much or as little of the project details as they choose. When they do, it helps vendors understand buyer expectations more clearly, cater to inbound queries and requests in near real-time, and advance the solution sale process based on precise metrics for opportunity qualification and revenue predictability.

Relevance Lab

Venture Round in 2011
Relevance Lab is a DevOps and Automation specialist company enabling large enterprises to disrupt traditional delivery models of Infrastructure Management, Application Development and Service Delivery Operations with faster velocity, better quality and optimized spend using new technology. The adoption of Cloud is driving fundamental changes across traditional Software Engineering and ITSM delivery models and to address this Relevance Lab has invested in a unique IP based DevOps product “RL Catalyst”. Enterprises can leverage an “Automation- First BOTs platform”, an “ArcNet Command Centre for Proactive Monitoring” and “Analytics based Insights into Development and Operational Metrics”. This combination of an Open-Source led strategy, IP-based product, and specialized services offer a superior value proposition vis-a-vis traditional delivery models. Relevance Lab is a partner of choice for a number of large enterprises and technology companies globally in their adoption of Cloud Computing, Big Data Analytics and Digital Solutions for their business transformation initiatives.

Endeavour Software Technologies

Series A in 2011
Headquartered in Austin, Texas (U.S.), with state-of-the art global delivery centers, Endeavour technology experts deliver end-to-end services in Mobility, Cloud and Analytics to leading global enterprises and start-ups. With deep domain expertise in consulting and system integration, we build scalable and sustainable solutions, leveraging existing technologies and assets to provide efficient, cost-effective outcomes for our clients.

Accion Labs

Series A in 2011
Accion Labs is a technology services firm that specializes in supporting clients throughout the innovation spectrum, particularly in the healthcare, financial services, technology, and fintech sectors. The company assists clients in conceptualizing, designing, developing, and deploying commercial software products, leveraging emerging technologies such as cloud computing, artificial intelligence, big data analytics, and advanced user experience design. Accion Labs offers tailored services for businesses at various growth stages, from start-ups to established firms, focusing on product development, maintenance, quality assurance, and managed services. Their flexible engagement model, known as Collaborative Product Delivery, enables clients to deliver software solutions more efficiently and cost-effectively. With a presence in the US, India, and Singapore, Accion Labs is committed to helping organizations optimize their growth and enhance their engineering capabilities through a range of strategic consulting and development services.

Netscribes

Series B in 2010
Netscribes Inc. is a market intelligence and content management firm based in Mumbai, India, established in 2000. The company specializes in providing investment and business research, corporate intelligence, and customized knowledge database creation services to clients in various sectors, including technology, energy, healthcare, and consumer goods. Netscribes offers a comprehensive range of services, including market research, business consulting, technology assessments, and investment research, aimed at supporting decision-making and strategic implementation for its clients. The firm employs a combination of primary research, desk research, and social media analysis to deliver actionable insights and customer-oriented strategies. Additionally, Netscribes provides marketing support services, such as branding and digital media management, along with a market research platform that grants access to extensive market intelligence reports. Through its diverse offerings, Netscribes assists businesses in achieving their growth objectives by transforming information into a competitive advantage.

Karmic Lifesciences

Series B in 2010
Karmic Lifesciences is a contract research organization based in Mumbai, India, that specializes in providing medico-marketing services for the pharmaceutical industry. Founded in 2005 by Nidhi Saxena, the company is ICH-GCP compliant and offers a range of integrated services, including clinical data management, biostatistics, medical affairs, personal healthcare, third-party auditing and monitoring, and consulting. Additionally, Karmic Lifesciences has developed web-enabled tools to enhance clinical data management and support global clinical operations for pharmaceutical companies. Through its comprehensive offerings, Karmic Lifesciences aims to meet the diverse needs of its clients in the healthcare sector.

Razorfish Technologies India

Venture Round in 2009
Razorfish Technologies India (Neev technologies) is a technology services provider specialising in e-commerce, SaaS (Software as a Service) and cloud applications across web, social media and mobile space. It enables companies to design, develop and deploy apps on the cloud, which can be then accessed via web and mobile.

CIGNEX

Venture Round in 2006
CIGNEX is a global consulting company that specializes in providing solutions, services, and platforms focused on Open Source, Cloud, and Automation technologies. Founded in 2000, CIGNEX has consistently delivered enterprise-class solutions that leverage leading platforms, ensuring seamless integration with existing systems. The company aims to help organizations enhance revenue, meet business objectives, and gain a competitive edge while improving customer satisfaction and reducing operational costs. Through its innovative approach and multiple delivery models, CIGNEX is dedicated to achieving exceptional results for its clients.
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