Gemba Capital

Adith Podhar is the Founding Partner of Gemba Capital, which he started in 2018. Prior to Gemba, he worked at Motilal Oswal PE Fund in Mumbai, managing the full investment cycle from deal sourcing through exit — with notable exits in Dixon Technologies and Minda Industries (board observer at both, plus Glass Wall Systems and Magicrete Building Solutions). He also founded Crepeteria, a QSR chain (Mumbai, Hyderabad, Pune), which he ran for 4 years. He started his career at ICICI Bank as a product manager for PE in the International Private Banking division. He is a foodie, amateur photographer and a TiE and Chennai Angels member.

Govind hails from a traditional Indian business community and has completed a full circle as an early-stage investor, startup operator, and Principal at Gemba Capital. He is passionate about Consumer Internet, Agri-tech, and FinTech. Most recently he was VP at Upscalio (joined as 5th employee; grew to 300+ employees and INR 300 Cr+ revenue in 2 years), where he led 7 M&A transactions and managed integration for 5 acquired consumer brands. Before that, he spent 5+ years at Contrarian Capital (seed-stage VC), leading end-to-end investments including Pratilipi (Series C+), Progcap (partial exit at 20x MOIC), Signzy (exit at 3x), SquadStack (Series B+), Minjar (exit at 3x), and Zvolv (Series A+). Earlier, he worked at the family office of the ex-MD of Castrol India, with exits in First Energy (3x) and Xoxoday (30x). MBA and CFA.

Kamini is a founding team member of Gemba Capital, with 10 years of overall experience and 6+ years in early-stage investing. She focuses on SaaS, HealthTech, and Consumer Tech and plays an active role in building sectoral thesis and writing investment blogs. Prior to Gemba, she was an Associate at Axilor Ventures (SaaS and Enterprise Tech) and a Business Analyst at Indus Valley Partners (technology solutions for global PE and hedge funds). She began her career in EdTech, including as part of the early team at BYJU's (content creation, product development, and Chemistry teaching for engineering entrance exams). Holds an MMS in Finance from JBIMS and B.Tech in Electrical & Electronics Engineering from NIT Nagpur. Has completed 7 high-altitude Himalayan treks and a full Tata Mumbai Marathon.