Bertelsmann India Investments (BII), a regional corporate venturing vehicle for Germany-headquartered media group Bertelsmann, has promoted Rohit Sood to a partner position.
A founding member of the fund having joined BII as a principal in 2012, Sood focuses on agriculture, business-to-business commerce, consumer, enterprise software, financial services, mobility and travel technology developers.
Sood’s investments at the unit include digital lending platforms Lendingkart and Rupeek Fintech, and he also holds board observer seats at portfolio companies AgroStar, LetsTransport, Licious, Pepperfry, Shiprocket and Treebo Hotels.
BII managing director Pankaj Makkar was quoted by the Economic Times as saying: “I am happy to have Rohit at my side as partner while we build the next cycle of our investing business. He has been instrumental in finding great companies which will be unicorns of tomorrow.”
Sood added: “My journey at BII over the last decade has been an immensely enriching experience. The privilege of backing and working with some of the best entrepreneurs in the country is surreal and humbling.
“My sincere thanks to Bertelsmann, our partner investors and, most importantly, all the entrepreneurs that I have interacted with, for contributing immensely to this journey. I very much look forward to continuing in the same vein over the coming decades.”
Photo of Rohit Sood courtesy of LinkedIn.
