VCats’ Syndicate Fund Hires Former Goldman Sachs Exec Sidhi Dalmia As Partner, Co-Lead

Mumbai-based Venture Catalysts has roped in former Goldman Sachs executive Sidhi Dalmia as partner and co-lead for its newly launched syndicate fund VC Grid.

Besides, Goldman Sachs, Dalmia also held multiple leadership positions across companies like The Chesapeake Group, Bennett, Coleman & Co, Sumedha Fiscal Services and Srei Group, 

She comes with an experience of working across several economic hubs such as Mumbai, Hyderabad, Bangalore, Kolkata and New York. 

As per the venture capital firm, Dalmia has been instrumental in catalysing the inception of VC Grid over the past few months and cementing its value proposition within the investment ecosystem.

With an understanding of the investment landscape, she has navigated cross-border M&A transactions, facilitated venture capital investments, provided strategic guidance to startups, and orchestrated fundraising initiatives across diverse sectors, including technology, retail, FMCG, logistics, distressed assets and infrastructure, as per the company statement. 

“She brings considerable experience and expertise in venture capital, early-stage investments, and building sustainable businesses, in addition to her financial savvy and leadership abilities. We look forward to working with her as we aim to boost the value for family offices/ legacy businesses and entrepreneurs”, said Apoorva Ranjan Sharna, founder and managing director of Venture Catalysts++.

VC Grid is a community comprising family offices, corporate VCs, and U-HNIs, focused on investing $500K to $1.5 Mn in high-alpha opportunities across the seed to Series A stages. In addition to capital infusion, the community also aims to offer market access and business opportunities to the startups integrated with collective expertise and resources of its member investors.

Earlier this month, Inc42 reported that Venture Catalysts is planning to close funding for VC Grid later this year with a total corpus of INR 900 Cr (about $110 Mn). Back then, sources informed that the syndicate had already onboarded 32 family offices as limited partners, and intends to take this number to 100 by the end of the year.

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