Steadview Capital
Steadview Capital is a company.
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Financial History
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Leadership Team
Key people at Steadview Capital.
Steadview Capital is a company.
Key people at Steadview Capital.
Steadview Capital is a leading alternative asset manager founded in 2009, specializing in an integrated public/private investing framework with a focus on the US and India.[1][2][4][5] The firm's mission centers on making concentrated, long-term investments in founder-led companies across technology and technology-enabled sectors, partnering with exceptional businesses while embedded locally with entrepreneurs in San Francisco and Mumbai.[1][5] Its investment philosophy emphasizes capturing attractive long-term returns over short-term volatility, supported by a sophisticated investor base including family offices, endowments, foundations, sovereign wealth funds, and pension funds; key sectors include growth-stage tech like consumer platforms (e.g., Robinhood, DoorDash, Shopify) and services (e.g., Hims & Hers, Carvana).[2][3] Steadview significantly impacts the startup ecosystem through its offices in San Francisco, Mumbai, London, and New York, providing operating support and leveraging local networks to back high-conviction bets in public and private markets.[1][3]
As of mid-2025, the firm manages around $0.69 billion in disclosed 13F holdings, with a concentrated portfolio where top holdings like Robinhood (28.23%), Carvana (21.58%), and DoorDash (11.75%) comprise 100% of the top 10, reflecting low turnover (3.37% alternative measure) and an average hold of 7.7 quarters.[3]
Steadview Capital was founded in 2009, initially establishing as a US-based hedge fund manager before evolving into a global alternative asset manager with a distinctive public/private focus.[1][4][5] Key figures include co-founder Joy Bhakat, Head of Investments based in Mumbai, alongside Managing Directors Nikhil Agarwal and Puneet Kumar, also in Mumbai, who drive the firm's India operations.[4] The firm's evolution reflects a shift toward concentrated bets in tech ecosystems, expanding from hedge fund roots to offices across San Francisco, Mumbai, London, New York, and a UK presence, while prioritizing founder-led companies in the US and India.[1][2][4]
This backstory underscores Steadview's growth from a London-headquartered entity investing in US growth-stage tech to a multi-continental player with deep local embeds, adapting to opportunities in high-growth markets like India and the US tech hubs.[1][4]
Steadview rides the wave of tech democratization and platform economies, backing US consumer tech giants like Robinhood and DoorDash amid fintech, delivery, and e-commerce booms, while its India focus taps into the country's digital explosion.[1][3] Timing aligns with maturing public markets for high-growth tech post-IPO cycles and private opportunities in emerging markets, where market forces like rising digital adoption in India and US innovation hubs favor long-term holders over traders.[2][3][5] The firm influences the ecosystem by amplifying founder-led scaling—evident in concentrated bets that signal conviction to markets—and bridging US-India capital flows, fostering cross-border tech resilience amid global volatility.[1][4]
Steadview is poised to deepen its US-India tech corridor dominance, expanding private investments in AI-driven consumer platforms and logistics as portfolios like DoorDash and Shopify evolve.[1][3] Trends like India's digital public infrastructure and US fintech resurgence will shape its path, potentially growing AUM through LP inflows amid favorable long-hold dynamics.[2][3] Its influence may evolve toward more hybrid public/private deals, solidifying as a bridge for founder-led scale in bifurcated markets—echoing its origins as a concentrated bettor in a volatile world.[1][5]
Key people at Steadview Capital.