Premji Invest

Premji Invest is the investment arm of Azim Premji, founder of Wipro, and one of India's most significant and distinctive capital allocators. Founded in 2006 and headquartered in Bengaluru with a US presence, it operates as an evergreen, crossover firm investing across both private and public markets — spanning early-stage (Series A and B), growth equity, buyouts and public equities — with a multi-billion-dollar asset base. Its focus areas are technology, consumer, financial services, healthcare and industrials, and it is known for patient, long-duration capital rather than fixed fund cycles. A defining feature is its purpose: the returns Premji Invest generates primarily fund the Azim Premji Foundation, a non-profit working to improve the lives of India's underserved. The firm has backed more than 120 companies, including 27 unicorns, with named investments such as Flipkart, Purplle, LambdaTest, GIVA, The Sleep Company, KreditBee and Dezerv, and it frequently co-invests with global institutions like BlackRock. Late-stage cheques have historically run in the $20–60 million range, rising to $100 million-plus, while a dedicated early-stage practice partners with Series A/B teams building global companies with public-market ambitions. With a team of around 84 including 19 partners, Premji Invest's backing is widely regarded as a strong signal of company quality and governance.