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Venkat Ramana

Co-Founder

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At a glance

Full Name
Venkat Ramana
Title
Co-Founder
Firm
Splice Capital
Firm Type
Venture Capital / Angel Investors
Investment Stage
Seed Round (early-stage / micro-investments)
Target Company Profile
Emerging businesses serving India's rural and semi-urban markets that improve productivity, access, and quality of life
Sector Focus
Agriculture, Education, Healthcare, High Tech / Enterprise & Consumer Internet
Geographic Focus
India (primary; rural, semi-urban and urban populations), with selective exposure to the US and Europe
Location
South Croydon, England, United Kingdom (firm headquartered in Hyderabad, India)

Background

Venkat Ramana is the co-founder of Splice Capital, a venture capital and investment-management firm founded in 2010 and headquartered in Hyderabad, India. According to his own LinkedIn summary, he is a "business leader with 17+ years of international management experience in IT and e-commerce," and his career spans business scaling, turnarounds, and mentoring across India, the US, and Europe, including work with Fortune 500 companies. He earned a B.E. (Bachelor of Engineering), reportedly in Computer Science, from a Regional Engineering College (REC) between 1989 and 1993.

Before moving into investing, Ramana held operating and consulting roles in the IT services industry, including a stint at Sierra Atlantic (a Hyderabad-rooted IT services company later acquired by Hitachi) as a project leader. That operating background underpins Splice Capital's positioning: the firm markets itself as providing not just capital but "operational expertise," bringing training, incubation, mentoring, and professional networks to the companies it backs.

At Splice Capital, Ramana is part of a small team (the firm describes a team of roughly three, with one partner). The firm's stated philosophy rests on three principles — integrity, "creativity in speed to scale," and operational excellence — and it has built ties to India's startup-support ecosystem, citing partnerships with RTBI (the IIT-Madras incubator), the Indian Angel Network, IIM-Ahmedabad's CIIE, Nurture Talent, and Mentor Square. He is currently based in the South Croydon area of greater London.

Investment Thesis & Focus

  • Invests primarily at the seed / early stage, making what the firm calls "micro investments" backed by hands-on operational support rather than capital alone.
  • Targets "businesses that can improve productivity, access, and quality of life, particularly in rural and semi-urban communities" in India (the firm's own framing).
  • Core sectors: agriculture, education, healthcare, and high tech, plus consumer internet, enterprise applications, and retail/consumer plays.
  • Looks for ventures that expand educational access, increase efficiency and profitability, improve health outcomes, and build digital solutions for emerging and underserved markets.
  • Differentiator: offers venture capital + operational expertise — training, incubation, mentoring, and access to professional networks — leveraging the founders' Fortune 500 and cross-border (India/US/Europe) operating experience.

Notable Investments

  • Druva — Enterprise data-protection / cloud backup company; Splice Capital's standout portfolio outcome and a unicorn.
  • StayZilla — Online hotel/homestay reservation platform spanning thousands of properties across Indian cities.
  • FabAlley (Faballey) — Affordable women's fashion, jewelry, and accessories retailer.
  • TaxSpanner — Online income-tax return preparation and filing service in India.
  • OrangeScape — Platform-as-a-Service for building cloud business applications (creators of Kissflow).
  • GreyCampus — Professional training and certification provider (project management, data science, etc.).
  • DoctorC — Healthcare platform for comparing diagnostic and lab service prices.
  • GoCoop — Social marketplace connecting weaver/artisan cooperatives and community enterprises to online buyers.
  • InnovizeTech (Sapience) — Intelligent timekeeping and productivity-analytics software.
  • PrettySecrets, PeeBuddy, Kobster, CollegeSearch, FreshWorld, Goonj, ConsureMedical, InThree, Gadgetwood, Poncho/Box8, Gamiana — additional portfolio companies across consumer, healthcare, rural distribution, and enterprise. (Per aggregators, the firm has backed ~22 companies with roughly 6 acquisitions and 1 unicorn.)

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