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Managed by Whiteboard Capital
Private equity, private credit and real-estate funds that don't employ leverage except for operating needs. The largest AIF category.
Whiteboard Capital Fund is a Category II AIF registered in December 2025, managed by Whiteboard Capital Advisors LLP — the Mumbai-based early-stage venture capital firm founded in 2016 by Sandeep Tandon (founder of FreeCharge) and Anshu Prasher. Whiteboard Capital is a sector-agnostic institutional investor focused on ideation, pre-seed, and seed stage companies where technology drives innovation. The firm has built a portfolio of over 100 companies across consumer brands, B2B marketplaces, fintech, and SaaS, with notable investments including Atomberg, CRED, Traya, Damensch, Dezerv, Supertails, Zeno Health, and ApnaKlub. Portfolio companies have attracted follow-on capital from Premji Invest, Elevation Capital, Tiger Global, Accel, Nexus Venture Partners, Matrix Partners, Fireside Ventures, and Chiratae Ventures, among others. The firm has grown from a 2-person founding team to an 8-member investment team over six years, and this SEBI-registered AIF represents its formally structured fund vehicle for institutional capital deployment. Whiteboard Capital's corporate office is at Rustomjee Central Park, Andheri East, Mumbai, with a presence in Bengaluru and New Delhi.

Sandeep Tandon
Managing Partner
Sandeep Tandon is the Managing Partner and co-founder of Whiteboard Capital, and a seasoned entrepreneur with over 20 years of experience in the technology industry across California and Mumbai. He co-founded FreeCharge, which he sold to Snapdeal in one of India's largest internet M&A deals. He is currently Executive Chairman of Syrma SGS Technology and Non-Executive Chairman of Aavas Financiers Ltd. He serves as an advisor to notable startups including CRED, Unacademy, and Spinny. Sandeep holds engineering degrees from USC and completed the YPO OPM programme at Harvard Business School.

Anshu Prasher
Partner
Anshu Prasher is a Partner and co-founder of Whiteboard Capital, with extensive experience in investment, venture capital, and debt financing. Previously, he was a Principal at Saama Capital, where he was involved in venture capital transactions and portfolio management. At InnoVen Capital, he led venture debt transactions for prominent companies and managed deal sourcing and portfolio oversight. He holds an MBA from IIM Lucknow. Portfolio founders have referred to Anshu as a 'third co-founder' for his hands-on involvement.

Nitesh Vaghela
CFO
Nitesh Vaghela is the CFO of Whiteboard Capital and the SEBI-registered contact person for the fund. He brings 24+ years of experience managing finance functions across corporates, including fundraising, M&A, financial transformation, and planning & control. He has held senior roles at Infinx, ShopX, Logicash Solutions, and FedEx. He is an IIM Calcutta Executive Education alumnus, a Chartered Accountant (ACA), and a Certified Public Accountant (CPA).

Subodh Jalori
Senior Associate
Subodh Jalori is a Senior Associate at Whiteboard Capital with four years of experience in the venture capital ecosystem. He specialises in Finance and Accounting and is a qualified ACCA. Prior to joining Whiteboard, he held strategy and finance roles at Viacom18 and Godrej. He grew up in Dubai and has lived in Mumbai for over a decade.
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Shifani Jesani
Senior Associate
Shifani Jesani is a Senior Associate at Whiteboard Capital, focused on investments in the consumer space. She is a Chartered Accountant and an alumna of Narsee Monjee College. Her prior career includes roles at Ernst & Young in their Debt and Special Situations Practice and at Centrum Investment Bank.

Bhanu Mitra Bulusu
Associate
Bhanu Mitra Bulusu is an Associate at Whiteboard Capital. He holds a B.Tech. and M.Tech. in Mechanical Engineering from IIT Madras and an MBA from IIM Lucknow. Prior to joining Whiteboard, he worked on new product development at Havells India Ltd.

Aryan Khaitan
Associate
Aryan Khaitan is an Associate at Whiteboard Capital. He holds a B.Tech. from IIT Roorkee and an MBA from IIM Lucknow. He previously worked for two years at Wipro as an IT consultant and for ten months at Udaan as an analyst.

Daksh Juneja
Associate
Daksh Juneja is an Associate at Whiteboard Capital. He was added to the team page in December 2025, coinciding with the fund's SEBI AIF registration. No additional biographical detail is available on his individual team page.
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