Venture Capital Job – Associate (Investments) – Chiratae Ventures

Role to be Hired:  Associate – Investments

Location:               Bangalore

Role:                     Full time

Primary sector focus : Healthcare

Education:            Engineering degree from premier institution is mandatory. MBAs with Engineering background from premier institutions is also preferred.  Non-Engineers may not fit the bill for this role. Experience : around 4  years

Who we are

Chiratae Ventures is a 17-year-old venture capital firm, with an ambition to carve out a prosperous future for aspiring thought leadership minds is keen to have conversations with you for an exciting and challenging role in the Investment Team. We are driven by our values of trust, transparency, honesty, integrity, excellence, agility, ownership and responsibility as some of our core values.

 Chiratae Ventures has been one of the leading investors in tech across multiple sectors, with some of the notable investments in FirstCry, Lenskart, Pixis, Policy Bazaar, Uniphore  amongst others. On offer here is an exciting, well-rounded journey touching all aspects of VC including active portfolio management, Exits, fund-raising, and much more. you must check us out at www.chiratae.com to know more.

Who fits the bill

Education background required: Engineers and/or MBA – Premier Institutes

Experience : Around 4 years

Sector experience – Investing experience primarily in Healthcare/HealthTech is most preferred. Other sectors – B2B/ SaaS /Consumer can be considered.

VC experience is mandatory.

Work Location: Bangalore

Behavioural attributes

–          High degree of ownership and accountability with a can-do attitude

–          Passion for excellence; Data-driven approach to analysis

–          Intellectual curiosity/learning mindset; Ability to work in an entrepreneurial, unstructured environment, deal with Ambiguity

–          Ability to prioritize multiple tasks simultaneously and execute in a time-bound manner.

–          Outstanding Interpersonal skills

–          Should be able to work independently, is driven by performance and has experience in working on independent deals, hustler to join the rest of the team.

 

Job Description

An Associate in a venture capital (VC) firm plays a crucial role in identifying, evaluating, and managing potential investment opportunities. The job description of an Associate in a VC firm includes certain categories supporting deals and eventually lead it with a deep focus on

1. Sourcing
2. Due Diligence
3. Investments
4. Portfolio Management
5. Industry Research and Thought Leadership
6. Team Collaboration

 

Sectors Experience:

1. Working with Sector heads, build and shape fund’s investment thesis in multiple sectors and related sub sectors, with a primary focus on Healthcare
2. Develop a deeper understanding of Specific  industries across demographics.
3. Build relevant networks with founders and investors in the sectors involved.
4. Other Activities: Organization-wide initiatives working closely with Fund leadership across firm activities, leadership, industry events, LP discussions.

• Deal sourcing and support: The role holder is responsible for identifying potential investment opportunities by actively searching for promising startups in their respective industries. This involves attending industry conferences and events, reviewing business plans and pitch decks, and monitoring industry news and trends.
• Due diligence: Expected to conduct thorough due diligence to evaluate the viability and potential of the portfolio companies. This includes researching the industry, analysing the startup’s financials, and assessing the team’s capabilities.
• Investment evaluation: Based on the due diligence, the role holder shall make recommendations to the senior team regarding whether to invest in the startup. This involves creating financial models and preparing investment memos to present to the investment committee, in due course leading the deals and take full ownership of the deals.
• Portfolio management: The role holder also plays a key role in managing the firm’s existing portfolio of investments and lead them eventually. This involves working closely with portfolio companies to provide strategic guidance and support, and tracking their progress against key metrics, eventually manage the respective portfolio leads.
• Reporting: The role holder is also responsible for preparing regular reports and updates for senior management and investors on the performance of the portfolio companies and the overall investment strategy of the firm.
• Networking: The role Holder is expected to build and maintain relationships with entrepreneurs, other investors, and key industry players to stay informed on the latest trends and opportunities.
• Industry Research and Thought Leadership: Stay updated on the latest trends, innovations, and disruptions within the defined sector, and share insights with the investment team and the wider community through thought leadership pieces, presentations, and participation in industry events.
• Team Collaboration: Collaborate with other members of the investment team to collectively drive the firm’s investment strategy, share insights, and contribute to the growth of the overall VC ecosystem.

Overall, this role holder plays a critical role in sourcing, evaluating, and managing potential investment opportunities, support in exits, and eventually lead the deals independently over a period time gaining relevant experience. Healthtech is most prefered. May also involve fund raising role contributions support along with the deal lead/fund raising leads, if required. The role requires a combination of financial, analytical, and interpersonal skills, as well as the ability to work independently and as part of a team.

Join our community of VCs/Investors here – https://nas.io/tsw-ecosystem-community