Former Trifecta Executive Sandeep Bapat Joins Singularity Growth As Senior Partner

Growth equity platform Singularity Growth has roped in former executive of Trifecta Capital, Sandeep Bapat, as senior partner and co-chief investment officer.

In the new role, Bapat will harness his global perspective on identifying key trends and eventual steady-state outcomes for present and possible portfolio companies, as per a company statement.

The firm further said that with a focus on delivering superior returns for portfolio companies, Bapat will undertake leadership responsibilities for investment activities at Singularity Growth. Besides, he will also serve as a member of the investment committee.

Singularity’s founder and chief investment officer Yash Kela said, “Bapat’s extensive experience and proven track record in the investment industry make him an invaluable addition to our team.”

“Our strategic focus will centre on key sectors including consumer brands, financial services, software, energy transition and specialized manufacturing. Our vision is to make Singularity the preferred investment partner for exceptional entrepreneurs and businesses in these sectors,” Bapat added. 

An alumnus of Harvard Business School and IIT Bombay, Bapat comes with an experience in investment, of more than 15 years. Prior to this, he was a partner at Trifecta Capital and an executive director at Hillhouse Capital. Also, he served Blackstone earlier. 

He has also been an investor and an advisor to some of the notable investments such as Swiggy, CRED, Atomberg and Auxilo Finserve.

Founded in 2021, Singularity is led by Kela and is promoted by former Reliance Capital executive Madhusudan Kela-founded family office Singularity Ventures. So far, the firm has invested in startups such as mCaffeine, Exotel, WebEngage, etc. 

The PE firm is focussed on startups belonging to consumer, manufacturing, enterprise software, and financial services sectors. 

Last year in October, it announced the closure of its second fund at INR 500 Cr, while the first fund was closed by the company in March at INR 560 Cr. 

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