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Hemant Mohapatra
Investor and Partner at Lightspeed India Partners Advisors
Hemant Mohapatra is a Partner at Lightspeed India Partners Advisors, where he focuses on investing in various sectors including SaaS, enterprise infrastructure, and deep tech areas such as crypto and AR/VR. He has a notable investment range, typically between $1 million and $10 million, with a sweet spot around $4 million. Mohapatra has been involved in 24 recorded investments, demonstrating a strong interest in supporting early-stage startups across different industries.12
Professional Background
Mohapatra's career path has been diverse. He began his journey at IIT Bombay, where he developed a passion for computer science. His early professional experience includes roles as a hardware and software engineer, product manager, and later as a deal-maker at Google. At Google, he led a significant growth investment in Avere Systems, which was later acquired by Microsoft. This experience ignited his interest in venture capital, leading him to join Andreessen Horowitz in Silicon Valley, focusing on software infrastructure technology.24
In 2018, Mohapatra returned to India and has since witnessed the maturation of the Indian startup ecosystem. He emphasizes the need for VCs who can offer experiential insights rather than theoretical advice, reflecting his belief in the importance of understanding the entrepreneurial journey.24
Personal Interests
In addition to his professional pursuits, Hemant Mohapatra is also a poet and has received several awards for his literary work, including the Allen Ginsberg Poetry Award and the Harper Collins Poetry Prize. He enjoys hiking, playing the piano, and photography, showcasing a well-rounded personality that balances his analytical and creative sides.23
Overall, Hemant Mohapatra is recognized not only for his investment acumen but also for his empathy towards entrepreneurs, understanding the risks they take in building their companies.24
Highlights
We've been seeing this play out over the last year at our portco @emergentlabs - code is maybe 10-20% of what a business needs to get started, and thanks to tools like Emergent, this barrier is crashing very quickly. The puck is now moving to what happens after you launch? Who helps you market your product, create creatives, do A/B testing of campaigns? When a customer calls saying "hey, my login/pwd isn't working", who is going to take that call if you are a non-technical SMB owner/solo-preneur? Now that you have revenue, who helps you manage your finances/P&L? Do your taxes? Fill forms?
Businesses face so many new issues as they begin to scale. These are some of the challenges we've been solving for our over 6M users now and we've taken all those learnings to build, well, @buildwingman - a set of agents that write your code, test it, secure it, launch it, maintain it, but then move on to help you market the product, watch for orders, solve customer problems, do your taxes, and much more over time. A true business-in-a-box that consolidates over $750B of fragmented agency spend across dev shops, design, marketing, support, finOps, and IT into a single umbrella, fully agentified, fully autonomous.

