Roots Ventures is a multi-stage, sector-agnostic investment firm
The firm has already made 6 investments across consumer, fintech and mobility sectors
Firm cofounder Japan Vyas is an early shareholder in Paytm
Founder of the Indian fintech major Paytm, Vijay Shekhar Sharma has joined the Roots Ventures fund as an anchor limited partner. The firm said that anchor investors and partners have contributed 20% to the fund’s corpus.
Commenting on this development, Paytm’s Sharma said, “Japan (Vyas) is one of the few investors I know who have had a successful track record for more than a decade picking winners across his funds and business cycles. He is also one of the early shareholders in Paytm when he invested in us from his first fund at IDFC.”