Inflexor Ventures Elevates Harsha Mundhada And Murali Krishna Gunturu As Partners

SUMMARY

The VC firm has elevated two senior executives - Harsha Mundhada and Murali Krishna Gunturu - as partners, joining the existing three partners on the investment side

Mundhada previously worked with firms like Deloitte and EY, while Gunturu is a founding member of Inflexor; both have led several key investments including Atomberg, PlayShifu and Bellatrix Aerospace

The promotions come as Inflexor recently marked first close of its INR 350 Cr Opportunities Fund and plans to raise a INR 1,250 Cr third fund in FY26

Technology-focused venture capital firm Inflexor Ventures, which has backed companies like Kale Logistics, Atomberg, PlayShifu, ClickPost and BioPrime among others, has strengthened its leadership team with two elevations.

The VC firm has promoted Harsha Mundhada and Murali Krishna Gunturu as partners. The duo joins existing partners Venkat Vallabhaneni, Jatin Desai and Pratip Mazumdar on the investment side.

“We are delighted to elevate Mundhada and Gunturu as partners. Their dedication, strategic acumen, and deep engagement with founders have been invaluable to our fund’s growth,” Vallabhaneni said.

Mundhada, joined Inflexor in 2016. Prior to that, she worked with Deloitte, Ernst & Young and PricewaterhouseCoopers in their transaction advisory departments. She has led investments in Atomberg, Chakr, Kale Logistics, A5G and SecureThings.

Gunturu is a founding member of Inflexor. Before that, he worked with Ernst & Young and served as a virtual CFO for several SMEs. His investment portfolio includes PlayShifu, Bellatrix Aerospace, CredFlow, ClickPost, NoPo Nanotechnologies and CloudSek.

This comes days after Inflexor marked the first close of its Opportunities Fund at INR 280 Cr, with HDFC AMC as the lead investor. The fund, which has a target corpus of INR 350 Cr, will acquire the entire investment portfolio of Inflexor’s first fund.

The VC firm is also preparing to raise its third blind pool corpus of INR 1,250 Cr in FY26.

Founded by Vallabhaneni, Desai, and Mazumdar, Inflexor focuses on deep and emerging technology startups from seed to Series B stages. The firm currently manages assets worth INR 1,000 Cr and has invested in 26 technology companies across sectors including cybersecurity, artificial intelligence, augmented reality and space tech.

The VC firm recently exited its second fund portfolio company Steradian Semiconductors through a sale to a Tokyo-listed Japanese company.