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What if the market doesn't exist yet?
Managed by WEH Ventures
SEBI-encouraged funds — venture capital, SME, social-impact and infrastructure. Close-ended, generally unleveraged.
WEH Ventures is a Mumbai-based high-conviction, early-stage venture capital fund founded by Deepak Gupta that backs category-creating founders at pre-seed and seed stages. The firm was established in 2017 with the registration of WEH Ventures Fund I (IN/AIF1/16-17/0298), a SEBI Category I Angel Fund, making it one of India's early institutionalised angel funds. All three WEH funds are managed by WEH Venture Partners LLP, headquartered at WeWork Raheja Platinum, Marol, Andheri East, Mumbai. The fund's thesis centres on 'category creators' — founders who build entirely new markets rather than competing in existing ones. WEH's portfolio has demonstrated consistent outperformance: Fund II achieved a 20% net IRR versus a CRISIL-rated median of 11.3%, and 50% of portfolio companies have raised follow-on rounds from top-tier VCs. Notable investments include Jar (micro-investing, backed by Tiger Global), smallcase (thematic investing, backed by PeakXV), MasterChow (Asian food, backed by Anicut and Surge), and Apps for Bharat (spiritual content, backed by Elevation). As of 2025, the portfolio has cumulatively raised $320 million.

Deepak Gupta
Partner & Co-Founder
Deepak Gupta is a Partner and Co-Founder of WEH Ventures. A self-described 'transformation optimist', he is the founding figure behind all three WEH fund vintages. He began his career in financial services early enough to type emails on monochrome screens and has since developed a sharp instinct for spotting 'unlabelled founders with inchoate ideas'. He focuses on deals and shaping the fund's direction — from capital allocation to team development. He is both a Designated Partner of WEH Venture Partners LLP and a Sponsor of WEH Ventures Fund I.

Rohit Krishna
Partner & Compliance Officer
Rohit Krishna is a Partner at WEH Ventures and serves as the firm's Compliance Officer. He began his investing career at Moody's (corporate bonds), moved to Spark Capital (listed equity), then fell hard for early-stage investing in 2015. He focuses on consumer-facing companies and spends considerable time using new consumer products as a way to better understand founder vision. He believes strongly in in-person meetings over phone calls or Zoom. He is the primary compliance contact at rohit@wehventures.com, +91 98846 75890.

Ritik Rustagi
Investment Team
Ritik Rustagi is on the Investment Team at WEH Ventures. He has a background spanning equity analysis, hedge fund internships, and running consultancy cells. He is endlessly curious about how businesses work and how founders disrupt the status quo, and is drawn to early-stage venture for its daily interactions with founders building for a better tomorrow.

Ayush Sahoo
Investment Team
Ayush Sahoo is on the Investment Team at WEH Ventures. He started his career at ITC, working on large-scale FMCG operations across automation and cost transformation, before moving into early-stage investing. He focuses on working with founders from day zero on GTM strategy, unit economics, and AI workflows. He studied engineering at IIT Kharagpur with exposure to computer science and applied AI.
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