Atul Gupta, an investor, has announced the launch of his new venture, Trident Growth Partners (India), after a fifteen-year tenure at Premji Invest. Gupta's journey at Premji Invest began in 2008 following a pivotal meeting with Prakash Parthasarathy, which led him to relocate from the US to India to help grow a platform supporting the Azim Premji Foundation.
Reflecting on his time at Premji Invest, Gupta said, "I am profoundly grateful to Premji, Prakash Parthasarathy, Tk Kurien, and Lakshminarayana K R for their mentorship and support throughout my tenure." He also expressed his appreciation for his peers and team members, stating, "I also would like to thank my peers and team members at Premji Invest PE, who worked diligently with me to bring this platform to where it is today."
During his tenure, Gupta played a crucial role in the growth of several successful Indian companies, including Policybazaar.com, Lenskart.com, Myntra, Flipkart, and FirstCry.com. Many of these companies have achieved Unicorn status. "I have gained invaluable insights from working closely with their founders, senior management teams, and Board members over the years," Gupta shared.
Trident Growth Partners, co-founded with Rajesh Ramaiah and Pravan Malhotra, will focus on growth-stage equity investments in sectors such as consumer, financial services, enterprise software and technology, industrial and manufacturing, and healthcare. "We look forward to contributing to the success of innovative companies and helping them achieve their full potential," Gupta announced.
With this new venture, Gupta aims to leverage his extensive experience to support the next generation of leading companies in India.