Sahil Anand, Founder and Managing Partner of Cedar Hill Capital
Mumbai-based venture capital firm Cedar Hill Capital, which focuses on AI-first enterprise software startups focused on the financial services sector, is set to close its $20 million maiden fund within three months.Sahil Anand, Founder and Managing Partner of Cedar Hill Capital, says the fund is backed by five institutional investors of strong standing and is likely to be oversubscribed beyond the base target.Here he discusses the firm’s AI-focused investment strategy, portfolio expansion roadmap, and the opportunities in India’s fast-growing enterprise fintech ecosystem.Edited excerpts:
What is the strength of your portfolio?
We currently have three companies in our portfolio: Cogniquest AI, a Bengaluru-based company that transforms document-heavy workflows into automated, insight-driven processes with advanced intelligent document processing and text analytics; WonderLend Hubs, which is in the incentive compensation management space for insurance players and sales channels; and Sign3, an AI-powered fraud prevention and customer intelligence platform to prevent money mule accounts. We are in the final stages of our fourth investment, which we will announce soon. We will deploy funds in at least four more investments this calendar year, and in 10-12 more companies over the next 24-36 months.
