Role: Associate – DeVC Location: Bangalore About DeVCDeVC is building a new kind of venture platform - one that brings together India’s top angels, operators, and early-stage investors to source, evaluate, and win the most compelling startup opportunities, together. We believe in the power of the collective - that the best investment decisions come from the shared intelligence, experience, and networks of those who’ve built before.Role OverviewIf you want to work with a group of sharp, driven investors to identify and back the next breakout Indian startups, this role is for you.As an Associate – Investments at DeVC, you will help us find exceptional founders early, understand markets deeply, spot future trendlines, and support companies as they scale from scrappy zero-to-one startups into enduring businesses.You will operate across the full investment lifecycle - from thesis building and sourcing to diligence, deal closing, and portfolio support. This is not a back-office role. You will represent DeVC in founder conversations, build sector conviction, and develop real investment judgment.If you’re excited about identifying the next Smallest.AI, Confido Health — before the world does, read on.Key Responsibilities1. Thesis Building & Market ResearchStrong investing starts with strong thinking.Conduct extensive primary and secondary research to identify attractive sectors and sub-sectors.Study global market trends and translate relevant insights to the Indian context.Build structured investment theses and continuously refine them through market feedback.Map ecosystems — key companies, operators, angels, domain experts.Identify high-potential operators you would back if they start up in the future.We expect you to develop points of view — not just process data.2. Deal Sourcing & Ecosystem CoverageGreat investments rarely come from cold inbound alone.Proactively source founders in priority sectors.Build deep networks with operators, angels, founders, and domain experts.Represent DeVC as a first point of contact in founder meetings.Engage actively in founder communities, demo days, and ecosystem forums.Maintain high-quality CRM discipline and pipeline tracking.We value natural networkers — people who are generous, helpful, and genuinely curious about others.3. Investment Evaluation & Deal ExecutionConviction requires rigor.Lead first-level evaluation of inbound opportunities.Conduct deep-dive diligence:Market sizing & competitive analysisCustomer/reference conversationsBusiness model & GTM evaluationFinancial modeling & unit economicsPrepare clear, structured IC memos with strong recommendations.Assist in deal negotiation (valuation, terms, structuring).Support term sheet preparation and coordinate financial, legal, and accounting diligence.Work closely with founders through closing.You should be comfortable getting into the weeds — from cap tables to product architecture.4. Portfolio Support & Founder PartnershipInvestment doesn’t end at the wire transfer.Assist senior team members in portfolio management.Help track performance through monthly MIS and metrics reviews.Support Annual Operating Plan preparation.Participate selectively in board meetings.Help founders think through key strategic decisions (GTM, hiring, pricing, fundraising).Support follow-on fundraising - pitch refinement, financial projections, narrative building.Identify potential senior hires for portfolio companies.Enable business development through ecosystem connections.We aim to be high-leverage partners, not passive investors.What We’re Looking For : Experience (2–5 years)Background in consulting, VC, or high-ownership startup roles.Pre-MBA product/technology exposure or operating experience is a strong plus.Experience in early-stage SaaS, developer tools, vertical SaaS, fintech, AI/ML infra, or similar sectors is preferred.MBA preferred but not mandatory.We particularly value candidates who have:Built or scaled something.Worked closely with founders.Demonstrated compounding responsibility.
Job Title
Investment Associate