Raveen Sastry profile photo

Raveen Sastry

Founding Partner at Multiply Ventures

SaaSEnterprise SoftwareE-commerceBusiness StrategyProduct ManagementStart-ups
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About

I'm Raveen Sastry, a Founding Partner at Multiply Ventures in Bengaluru. My career has taken me from product management roles to co-founding companies like Myntra, and now I focus on early-stage venture capital. I'm passionate about supporting founders building in Voice AI, open Q-commerce platforms, and AI with deep engineering—what I call 'multiplier AI' that enables new capabilities rather than just replacing jobs. I believe early-stage VCs should be active accelerators of learning, helping founders shorten feedback loops. Through Multiply Ventures and BaseThesis Labs, I offer investment capital, operational support, and a platform for technical discussions. I'm always looking to connect with builders who are tackling meaningful problems and want to play the long game.

Networking

What I can offer

  • ›Investment capital (Day 0/pre-seed and seed)
  • ›Operational support for founders
  • ›Connections to co-investors and technical experts
  • ›Platform for deep technical discussions via BaseThesis Labs
  • ›Hosting informal community events like park walks

Looking for

  • ›Founders building in specific spaces (Voice AI, open Q-commerce platforms, AI with deep engineering)

Best fit for

FoundersCo-investorsTechnical experts (engineers, CTOs)Ecosystem community organizers

Current Interests

Voice/Speech AIVenture Capital & StartupsAI Application & EthicsConsumer Tech & D2CSustainability & Social Impact

Background

Career

Started as Product Manager at Xora Software Systems, co-founded Myntra Design, hoopos.com, Babyoye.com, and NudgeSpot, served as General Manager at Boomtrain and Senior Vice President at Zeta Global, now Founding Partner at Multiply Ventures and Strategic Advisor at Zeta Global

Education

Master of Business Administration (MBA) in Finance & Marketing from McGill University (2004-2006)

Achievements

  • ›Launched BaseThesis Labs, an AI lab/launch studio
  • ›As an early investor, saw portfolio company Bluestone prepare for and launch its IPO
  • ›Invested in and supported multiple companies to subsequent funding rounds and growth
  • ›Co-founded Myntra Design Pvt Ltd

Opinions

  • Believes the focus should be on 'AI as a multiplier' to enable things humans cannot do, rather than just replacing jobs
  • Believes early-stage VCs must be active accelerators of learning, not passive check-writers
  • Argues against survivorship bias in startups; advocates for focusing on reducing risk through iteration
  • Has a positive view of Gen Z workers, describing them as fearless and action-oriented
  • Emphasizes deep engineering over 'wrapper products', especially in areas like Voice AI