Think Investments is a San Francisco-based investment firm founded in 2013 by Shashin Shah. The firm invests globally in public and private companies, specializing in backing technology-led early-stage businesses and partnering with high-quality management teams building differentiated businesses.
Deal activity decreased year-over-year (2 deals in the last 12 months vs 4 prior). Average disclosed round size is $124.0M (across 32 rounds with reported amounts).
Portfolio
24
Fund Size
—
Top Stage
Series B
Last 12 Mo
2
Team
SS
Shashin Shah
Founder and Managing Partner
PT
Peter Tiburzio
Partner
KG
Kumar Gaurav
Principal
NT
Nidhi Tiwari
Associate
SM
Shantanu Mantri
Investor
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
35 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Equal AI | Series B | $30M | Jun 2026 |
 Equal | Series B | $30M | Jan 2026 |
 Chaayos | Series C | $45M | Jan 2026 |
| Equal AI | Series B | $30M | Jan 2026 |
| PPB Health | Seed | $218M | Nov 2025 |
 Gupshup | Growth | $60M | Jul 2025 |
| IIntuigenceAI | Seed | $10M | Jul 2025 |
 Raphe mPhibr | Series B | $100M | Jun 2025 |
 GoKwik | Growth | $13M | Jun 2025 |
| Raphe mPhibr | Series B | $100M | Jan 2025 |
 Gupshup | Unknown | $60M | Jan 2025 |
 Rapido | Series E | $120M | Jul 2024 |
| AArrivae | Series B | $10M | Feb 2022 |
| AArrivae | Series B | — | Jan 2022 |
 CLEAR | Series C | $75M | Oct 2021 |
 ClearTax | Series C | $75M | Oct 2021 |
 FloBiz | Series B | $31M | Sep 2021 |
 Toothsi | Series B | $20M | Aug 2021 |
| Gupshup | Series F | $240M | Jul 2021 |
 Swiggy | Growth | $1.3B | Jul 2021 |
 Stelis | Series B | $195M | Mar 2021 |
| SStelis Biopharma | Series B | $70M | Mar 2021 |
 ZENi | Series B | $34M | Jan 2021 |
| Stelis | Series C | $125M | Jan 2021 |
| Gupshup | Series F | $340M | Jan 2021 |
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Top Co-Investors
India Quotient12 shared
Tiger Global Management, LLC6 shared
Fidelity Investments5 shared
Prosus Ventures4 shared
Peak XV Partners3 shared
Kora Management LP3 shared
Stripe3 shared
Elevation Capital3 shared
Sequoia Capital3 shared
Tomales Bay Capital3 shared
Valiant Capital3 shared
General Catalyst3 shared
White Oak Global Advisors3 shared
Alpha Wave Global2 shared
Eight Roads2 shared
Plug and Play Tech Center2 shared
Golden Ventures2 shared
Garage Capital2 shared
Globespan Capital Partners2 shared
Lead Edge Capital2 shared
Last updated: 7 October 2026