Job Role: Associate (2-5 years experience)
Location: Bangalore
About Prime Venture Partners:
Prime Venture Partners is a leading early-stage VC firm based out of Bangalore investing in category-defining, disruptive product startups addressing an enormous opportunity targeting domestic or international markets. The firm has hands-on entrepreneurial and operating experience and has built and led successful Silicon Valley and India companies.
Founded a decade ago, Prime Ventures has a rich investment track record of identifying, investing, and supporting insightful entrepreneurs building world-class companies out of India. Prime has invested in 40+ startups who have cumulatively raised more than USD 500 million in total funding from domestic and global investors.
Exciting select companies from the portfolio include - WheelsEye, MyGate, MFine, Planetspark, Quizizz, NiYO, Freo(MoneyTap), Happay(acquired by CRED), KredX, Ezetap, Recko (acquired by Stripe), etc.
Job Profile:
An associate’s job at Prime is to look for missionary founders solving significant problems. You need to be passionate about startup ideas and entrepreneurs who want to change the world. People with a potent mix of insane intellectual curiosity, ninja data skills, and sheer hustle do well. You do not need to have prior investing or finance experience but be a fast learner and a problem solver.
An associate will work at all stages of the investment process: sourcing great founders and companies, due diligence & evaluation, and post-investment activities. The role requires versatility and the ability to prioritize. You will be playing with products, talking to customers, doing secondary research on the internet, poring through data, hanging out at many coffee shops and entrepreneurial hotbeds. We are a small, focussed, and intense investment team, so you will be collaborating and challenging your colleagues to seek the truth collectively. You need to have the courage of your conviction and also the humility to keep learning and evolving.
What do the day to day responsibilities look like?
In a given year, we look at 2000+ startups from different sectors and finally invest in 6-8 of them. And all of this is done by a team of less than half a dozen folks, including the partners. So while the role is challenging, it is equally satisfying and rewarding as you get to view, invest in and be a part of India's growth story driven by a thriving startup ecosystem.
Build a strong deal sourcing pipeline by hanging out on the internet, at parties, at conferences, at Startup Weekends – anywhere and everywhere you can unearth a great entrepreneur! So you may get on a plane to travel the country, speak at conferences, have lots of coffees, be shocked and awed as you find and back tomorrow’s rock stars today.
Identify and pick emerging technology and market trends and build investment theses that will help identify the next set of investment opportunities.
Engage with and screen the breakthrough companies.
Perform due diligence on select investment candidates.
Work closely with the partners on select portfolio companies.
What are the relevant skills, qualifications, and experience?
Outstanding analytical and problem-solving skills.
“Hustle” with an ability to prioritise and multitask.
Passionate about technology, entrepreneurship & startups, and how they can transform people and businesses.
2-5 years of relevant work experience, ideally in operating roles in startups, large internet giants, or venture capital firms.
Have a flair for meeting and engaging with new people.
Have strong verbal and written communication skills.
Why should you NOT apply?
While we have deployed over a couple of $100M, we believe we are a startup that happens to be a VC. We are a small 2-pizza team, so you need to be a self-starter, entrepreneurial, and get things done.
Like entrepreneurship, there’s little to no glamour in VC the way we see it. So instead, we seek to match the hunger, humility, frugality, and audacity of the startups we back.
While the role involves investments in startups this is unlike a typical finance role that you come across in an Investment Bank of large Financial Services institutions.
Why should you apply?
Get a first-hand view of the emerging startup and technology trends across different sectors in India.
Build a network with some of the smartest people in the industry.
Learn about a high conviction investment decision making process.
An opportunity to identify and build the next set of iconic companies from India.
Work in a small and close-knit team with a flat org structure.
Enormous opportunity for wealth creation.
Last but not the least, we believe in working hard, having fun and making history.