Pentathlon Ventures

How to reach the fund

• Use the form on the contact page. It asks for your name, email, company, category (B2B, B2C, B2B2C or Other), annual revenue, city and an uploaded company presentation.
• The site also invites you to send an executive summary of your startup through its contact link.
• It publishes no deadline and no response time, so keep talking to other investors meanwhile.

Before you pitch

• Check you fit: B2B, past the idea stage, with early paying customers. The site states a minimum revenue level, so read it first.
• It says it does not invest at ideation stage or at Series B and later.
• It prefers to lead or co-lead rounds, so be ready to discuss round structure.
• Read the portfolio page to see which sectors it has already backed.

Pentathlon Ventures is a seed-stage venture fund based in Pune, Maharashtra. Its site says it invests in AI-enabled B2B tech startups from India, and that it was built by founders for founders. The fund manager is Pentathlon Ventures LLP, and the firm says it was founded in 2020. It runs two SEBI-registered funds: Alacrity India Fund (Category I) and Pentathlon India Fund (Category II). Its second fund was announced as Fund II, and the portfolio page marks each company as Fund 1, Fund 2 or Exited.

Stage. The site says it invests at seed and pre-Series A stages, and does not invest in ideation-stage or Series B+ companies. It wants startups that are past the idea stage with early customer validation, and states a preference to lead or co-lead rounds. Its homepage describes its focus as B2B startups with early customer validation, and with a minimum level of annual recurring revenue that the site states, so check it before you pitch.

Sectors. The fund calls itself sector agnostic as long as you solve a B2B problem, with a stated preference for Enterprise AI Transformation, HealthTech, FinTech, Cybersecurity and Manufacturing or Logistics. It describes its approach as AI-right, not AI-first. Consumer-facing startups are outside its stated focus.

Geography. It invests in startups from India.

Support beyond capital. The partnerships page lists tool and service offers from technology partners that portfolio companies can use, grouped by cloud infrastructure, sales and marketing, finance and legal, and customer success. A company announcement describes a GTMDialogues programme that builds a community of SaaS founders and go-to-market leaders for mentorship.

How to reach them. Founders send an executive summary or pitch deck through the contact page, whose form asks for your name, email, company, whether you are B2B, B2C or B2B2C, annual revenue, city and an uploaded company presentation. The site does not publish a deadline, a response time or the steps after you apply, so expect a normal investor conversation rather than a cohort programme.