Orios Venture’s AVP Saharsh Sharma Quits

SUMMARY

Before joining Orios, Sharma cofounded healthcare startup Haplo Health in 2017

His professional background also includes experience as a senior business analyst at OLA and as a business analyst at logistics startup Rivigo

In his latest post on Linkedln, Saharsh expressed gratitude for his experiences at Orios and announced his intention to pursue new opportunities while taking a winter break

Adding to the series of high-level exodus at venture capital firm Orios Venture Partners, Saharsh Sharma has announced his departure from his role as assistant vice president (AVP).

Saharsh Sharma has been the AVP of Investments at Orios Venture Partners since October 2019.

Before joining Orios, Sharma cofounded healthcare startup Haplo Health in 2017.

His professional background also includes experience as a senior business analyst at OLA and as a business analyst at logistics startup Rivigo. Not to mention, Sharma has a Bachelor of Technology degree in engineering from Indian Institute of Technology, Roorkee.

In his latest post on Linkedln, Saharsh expressed gratitude for his experiences at Orios and announced his intention to pursue new opportunities while taking a winter break.

“I bid adieu to Orios Venture Partners, grateful for all the experiences during this journey – onto my next endeavour soon, and a relaxing winter break :),” Sharma added.

While specific details about his next steps remain undisclosed, Saharsh’s experience positions him well for future roles in venture capital or entrepreneurial ventures.

The announcement comes at the heart of several executives making their exits from Orios Venture Partners.

In October, chief financial officer (CFO) and chief operations officer (COO) Gaurav Bindal reportedly quit the firm.

Before that in September, Orios’ two managing partners, Anup Jain and Rajeev Suri, quit the company to float their venture.

However, the firm did appoint former Omidyar Network India executive Madhav Tandan as a senior partner.

Orios Venture Partners is an early-stage VC firm, which counts names such as PharmEasy, MobiKwik, CarDekho, and Vedantu among its portfolio companies.

Earlier this year, the investment firm returned INR 300 Cr from its first fund to its investors. Launched in 2014, Orios’ Fund I was concluded with a final close at INR 300 Cr in 2015.

Not to mention, Orios has marked some notable exits from its portfolio company so far in 2024. For instance, the firm partially exited battery swapping startup Battery SmartBattery with 29X returns while it scored a 45X return from its initial bet on Country Delight.