Sadev Ventures Appoints Ishan Kansal as New Managing Partner

Sadev Ventures, an early-stage venture capital firm, has named Ishan Kansal, a former executive at CRED and Snabbit, as co-founder and Managing Partner. This move is part of the firm’s strategy to boost its assets under management and break into venture debt. Kansal is set to join the Bengaluru-based firm in early June 2026 and will oversee the establishment of the company’s second office in India as part of this expansion.

Recently, when Startup Superb contacted Kansal regarding his exit from Snabbit, he refuted the idea, indicating that he was not departing the company and had no intentions to do so. He expressed his focus on the forthcoming roadmap and his commitment to staying for the long term.

Kansal’s Background in the Industry

Kansal brings a wealth of experience in sectors like consumer internet, fintech, insurtech, and investment banking. He comes to Sadev Ventures from Snabbit, where he was the Head of Product and led teams in product, data, and design. Before Snabbit, he spent close to six years at CRED as a member of the early team, contributing to various areas including payments, insurance, deposits, lending, user growth, and monetisation. His career also includes roles at Paytm and Deutsche Bank, covering India and APAC markets.

Growth Targets and Strategic Plans

This appointment arrives as Sadev Ventures aims to achieve Rs 1,000 crore in assets under management within 18-24 months. The firm is also gearing up to unveil its second equity fund while formally entering the realm of venture debt.

Founded in 2024 by Dhruv Dhanraj Bahl, the former COO of BharatPe, Sadev Ventures was initially known as Eternal Capital before it rebranded in August 2025. The fund is sector-agnostic and primarily focuses on seed to pre-Series A startups, with investment sizes ranging from Rs 2 crore to Rs 6 crore. Currently, Sadev Ventures manages an amount of Rs 240 crore and has made investments in startups such as Asaya, Bidso, Atomgrid, Cleevo, Vama, Gladful, Prosperr, and Liquide.