Eight Roads Ventures

Eight Roads Ventures is a global venture capital firm and the proprietary investment arm of Fidelity International Limited (FIL). It targets technology-enabled companies across stages from early venture to growth and late-stage, with a focus on healthcare IT, information technology, software and services, fintech, consumer and enterprise technology, telecommunications, and related sectors. It operates internationally with offices in Europe (London) and Asia (Beijing, Shanghai, Hong Kong, Tokyo, Mumbai, Bengaluru) and partnerships in Israel, Singapore, and the United States, reflecting a broad geographic scope. It typically invests between modest seven-figures to tens of millions of dollars, seeks to lead or co-lead and often takes a board seat, supporting portfolio companies with strategic and operational expertise. The firm emphasizes long-standing partnerships and a hands-on approach, backed by FIL’s resources.

Umang Agarwal

Principal

Hiroki Ashida

Vice President

Daniel Auerbach

Senior Managing Partner, Asia

Vytautas Balsys

Partner

Helena Barman

Investor

Past deals in Clothes

BlissClub

Series A in 2022
BlissClub is a pioneering women's activewear brand focused on creating comfortable and functional apparel specifically for Indian women. The company designs products such as leggings and sports bras, addressing prevalent challenges in women's activewear related to fabric, fit, and function. By prioritizing a community-driven approach, BlissClub aims to empower women to find suitable sportswear that meets their needs, while also providing the convenience of home delivery.

specsmakers

Venture Round in 2020
Specsmakers Opticians is one of South India’s fastest growing optical retail chain with a vision to provide best quality eye wear products, services at affordable & economical price range, across any geography in a city. With its humble start of a single store in 2007, the company has expanded its presence across 100 stores (Company Owned) in Chennai, Bangalore & Madurai. The company caters to spectacle frames, lenses and accessories of its own brand and is one of India’s first home grown Single Brand optical retail chain. Specsmakers has been Awarded twice by Times of India for “South India’s Best Affordable Opticians” in the year 2015 & 2016, respectively.

specsmakers

Venture Round in 2019
Specsmakers Opticians is one of South India’s fastest growing optical retail chain with a vision to provide best quality eye wear products, services at affordable & economical price range, across any geography in a city. With its humble start of a single store in 2007, the company has expanded its presence across 100 stores (Company Owned) in Chennai, Bangalore & Madurai. The company caters to spectacle frames, lenses and accessories of its own brand and is one of India’s first home grown Single Brand optical retail chain. Specsmakers has been Awarded twice by Times of India for “South India’s Best Affordable Opticians” in the year 2015 & 2016, respectively.

specsmakers

Venture Round in 2017
Specsmakers Opticians is one of South India’s fastest growing optical retail chain with a vision to provide best quality eye wear products, services at affordable & economical price range, across any geography in a city. With its humble start of a single store in 2007, the company has expanded its presence across 100 stores (Company Owned) in Chennai, Bangalore & Madurai. The company caters to spectacle frames, lenses and accessories of its own brand and is one of India’s first home grown Single Brand optical retail chain. Specsmakers has been Awarded twice by Times of India for “South India’s Best Affordable Opticians” in the year 2015 & 2016, respectively.

BlissClub

BlissClub is a pioneering women's activewear brand focused on creating comfortable and functional apparel specifically for Indian women. The company designs products such as leggings and sports bras, addressing prevalent challenges in women's activewear related to fabric, fit, and function. By prioritizing a community-driven approach, BlissClub aims to empower women to find suitable sportswear that meets their needs, while also providing the convenience of home delivery.
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