What cheque size does Pentathlon Ventures write?

As compiled from public sources: Seed-stage B2B SaaS cheques (not publicly disclosed as a precise range)

How do I pitch Pentathlon Ventures through iHub India?

Create a free startup account, open a funding round, and send a structured pitch from this profile. If the investor accepts, contact details are shared and the conversation moves into a tracked deal room.

VC fund (Cat II) · Curated list

Pentathlon Ventures

Seed · IT / SaaS / Enterprise Software · Pune

Pitch this investor Request an intro

Contact on file — shared on accepted request

At a glance

Stage focus: Seed
Primary sector: IT / SaaS / Enterprise Software
City: Pune
HQ / office: Ideas 2 Impact Innovation Center, 6th Floor, Baner, Pune, Maharashtra 411045, India. Registered entity: Pentathlon Ventures LLP (LLPIN AAR-6613), RoC Pune (incorporated Jan 2020; majority sources cite 21 Jan 2020, Zauba lists 21 Dec 2020 — minor registry discrepancy, status Active).
Fund registered: 2022
Investments on record: 31
Corpus (as reported): Fund II: ~Rs 450 Cr target corpus (approx. USD 55M), launched Sep 2023, targeting ~25 B2B SaaS startups; ~Rs 255 Cr raised toward this target as of March 2026 (not yet fully closed). Fund I deployed across 23 startups. SEBI AIFs: Alacrity India Fund (Cat I) IN/AIF1/18-19/0534; Pentathlon India Fund (Cat II) IN/AIF2/22-23/1249.
Website: pentathlon.vc
LinkedIn: Profile ↗

About

Pentathlon Ventures is a Pune-based, founder-led early-stage venture capital firm (Pentathlon Ventures LLP, LLPIN AAR-6613), founded in 2020, investing in revenue/customer-validated B2B SaaS and applied-AI startups built from India. It runs SEBI-registered AIFs (Fund I and a ~Rs 450 Cr Fund II launched Sep 2023, ~Rs 255 Cr raised by March 2026). Founding/managing partners include Gireendra Kasmalkar, Sandeep Chawda, Saurabh Lahoti, Madhukar Bhatia, Ashok Mayya, Hemant Joshi and Shashank Deshpande — entrepreneurs and operators from companies such as Ideas to Impacts/Verisoft, Globant/Veritas, Sapience and Symphony.

Investment focus

Stage: seed / customer-validated early-stage, bridging Angel to Series A (also some pre-Series A). Sector: B2B SaaS and applied/enterprise AI — focus verticals include Enterprise Digital Transformation, E-commerce Enablement, FinTech, Vertical SaaS, Applied AI, Sustainable Tech and HealthTech (official site also lists Cybersecurity and Manufacturing/Logistics).

Cheque size

Seed-stage B2B SaaS cheques (not publicly disclosed as a precise range)

As compiled from public sources — verify with the investor.

SEBI registration

SEBI AIF Category II — reported as “Seed / micro-VC (early-stage B2B SaaS venture fund) / Cat II”

IN/AIF2/22-23/1249

SIDBI Fund of Funds

On the SIDBI FFS list

Funds: Alacrity India Fund (pentathlon); Pentathlon India Fund 2

Yes — on official SIDBI FFS supported-AIF list (Alacrity India Fund (pentathlon); Pentathlon India Fund 2)

Notable portfolio

TurboHire; Spyne; DeepTek; Dista; ShopSe; Rezolve AI; SuperProcure; Fable Fintech

Team & organisation

6 partners (Gireendra Kasmalkar, Sandeep Chawda, Madhukar Bhatia, Saurabh Lahoti, Hemant Joshi, Shashank Deshpande)

LLP-managed (Pentathlon Ventures LLP, AAR-6613); multi-fund: Cat-I AIF 'Alacrity India Fund' (IN/AIF1/18-19/0534) + Cat-II AIF 'Pentathlon India Fund' (IN/AIF2/22-23/1249); Pune

Connect through iHub India

Open a funding round and send a structured pitch from this profile. It's recorded now and delivered the moment this investor joins iHub India; if they accept, contact details are shared and the conversation moves into a tracked deal room.

Raising a round? Send a funding pitch with your traction — an acceptance opens a tracked deal room. Mentors, incubators, corporates and students can request an intro instead.

Pitch this investor Request an intro Create a free account

Work at Pentathlon Ventures? Claim this profile to keep it current and receive pitches directly.

Frequently asked

What does Pentathlon Ventures invest in?: Stage: seed / customer-validated early-stage, bridging Angel to Series A (also some pre-Series A). Sector: B2B SaaS and applied/enterprise AI — focus verticals include Enterprise Digital Transformation, E-commerce Enablement, FinTech, Vertical SaaS, Applied AI, Sustainable Tech and HealthTech (official site also lists Cybersecurity and Manufacturing/Logistics).
What cheque size does Pentathlon Ventures write?: As compiled from public sources: Seed-stage B2B SaaS cheques (not publicly disclosed as a precise range)
How do I pitch Pentathlon Ventures through iHub India?: Create a free startup account, open a funding round, and send a structured pitch from this profile. If the investor accepts, contact details are shared and the conversation moves into a tracked deal room.

Similar investors

VC fund (Cat II)

021 Capital Trust

Seed · IT / SaaS / Enterprise Software · Bengaluru

USD ~1 Mn (below USD 1 Mn per cheque; up to USD 2 Mn reported for earlier fund); INR ~8-16 CrContact on file

VC / investor (non-AIF or offshore)

100X.VC

Pre-seed / Idea · IT / SaaS / Enterprise Software · Mumbai

VC fund (Cat II)

247VC Investment Trust

Seed · Deep Tech (AI/ML/Robotics) · Mumbai

INR 4-5 Cr at seed, with follow-on appetiteContact on file

VC fund (Cat II)

3one4 Capital

Multi-stage · IT / SaaS / Enterprise Software · Bengaluru

Early-stage seed to Series A; firm does not publish exact cheque range on siteContact on file

VC fund (Cat I)

3ONE4CAPITAL TRUST

Seed · IT / SaaS / Enterprise Software · Bengaluru

Early-stage (seed to Series A); per-cheque range not disclosed on siteContact on file

VC fund (Cat I)

888vc Accelerator Fund

Seed · Deep Tech (AI/ML/Robotics) · Bengaluru

INR 2-4 Cr average; first cheques up to USD 500K (Seed to Pre-Series A)Contact on file

All Seed investors →

About this record

⚑ none — private founder-led VC, no government/DFI/university vehicle, HQ in India. Note 1: official site publishes no plain-text contact email (only a Cloudflare-obfuscated mailto and a "Let's Connect" pitch form); the "[contact on file]" pattern appears only on third-party scraper sites (RocketReach) and was NOT used. Note 2: PR Newswire release carries a Ridgewood, NJ wire dateline that is NOT the firm's HQ. Note 3: not UP-focused (pan-India, Pune HQ). Note 4: Fund II not yet fully closed at the Rs 450 Cr target.

Compiled from SEBI registrations and public sources as of 2026-07. iHub India lists investors neutrally and does not endorse, rank, or verify investment terms — confirm all details directly with the investor before transacting.

Sources: https://pentathlon.vc/; https://www.zaubacorp.com/company/PENTATHLON-VENTURES-LLP/AAR-6613