Winpe sheshines | November 6, 2025 @ A91 Partners
Up Close with A91 Partners: Building a differentiated investment firm

November 6, 2025 (5:00 - 8:00 PM IST)
A91 Partners Office, Mumbai

Hosted By:





An engaging session exploring how to build a differentiated investment firm rooted in clarity of purpose, discipline, and integrity; followed by hosted table discussions where industry-leading senior women shared practical insights with participants investing with purpose, building investor relationships and balancing risks in venture portfolios. These discussions created a dynamic space for women from PEVC to exchange ideas and build meaningful connections. Hosted at the A91 Partners office, the event was a typical sheshines evening - filled with insightful conversations, practical learnings, and meaningful connections

Event Highlights

The evening started with a discussion with Gautam Mago, Founder and General Partner, A91 Partners and Ruchi Khajanchi, Chief Financial Officer, A91 Partners hosted with loads of wisdom and humor by Lizzie Chapman, Fintech Leader and Serial Entrepreneur. The conversation used A91’s stellar success as a base to delve into how clear vision, thoughtful strategy, and strong values are critical to build a differentiated investment firm and create enduring businesses. Hosted table discussions further enriched the evening, as speakers reflected on what sets seasoned investors apart—underscoring the importance of pattern recognition, conviction, and the courage to back ideas ahead of their time.

Hosted Table Speakers

Anshul Jain

Anshul Jain
Managing Director
Lighthouse Funds
Gautam Mago

Gautam Mago
Founder and General Partner
A91 Partners
Harsha Mundhadai

Harsha Mundhadai
Partner
Inflexor
Karishma Makhija

Karishma Makhija
Director - Investments
Motilal Oswal Alternates
Lizzie Chapman

Lizzie Chapman
Fintech Leader and Serial Entrepreneur
Rema Subramanian

Rema Subramanian
Managing Partner
Ankur Capital Fund
Ruchi Khajanchi

Ruchi Khajanchi
Chief Financial Officer
A91 Partners
Saloni Jhaveri

Saloni Jhaveri
Head - Investor Relations and Partnerships
NIIF
Shivani Bhasin Sachdeva

Shivani Bhasin Sachdeva
Founder & CEO
India Alternatives



Key Takeaways

  • Clarity of Investment Thesis:
    A clear investment philosophy, sound judgment, and a deep understanding of founders, enabling disciplined decision-making across sectors.
  • Founder-Centric Approach:
    Identifying the right founders—those with integrity, initiative, and strong execution capability—as the foundation of every investment.
  • Long-Term Lens on Risk and Reward:
    Investment decisions guided by a long-term perspective, evaluating risk–reward trade-offs thoughtfully rather than chasing short-term trends.
  • Focus on Profitability and Fundamentals:
    Strong unit economics and a clear path to profitability, with emphasis on building enduring businesses grounded in fundamentals, rather than chasing market momentum.
  • Value of Strategic Support:
    Offer operational expertise, mentorship, and access to networks that help companies scale effectively.
  • Purpose-Driven Investing:
    Embedding purpose—through sustainability, community impact, and ethical governance—has become a key differentiator, attracting talent, investors, and quality opportunities.
  • Balancing Vision and Discipline:
    The art of venture investing lies in balancing bold vision with disciplined risk assessment, focusing on founder quality, adaptability, and market timing.
  • Trust, Alignment, and Diversity:
    Sustainable success is built on trust and long-term alignment between investors and founders. Diverse, gender-balanced teams enhance decision-making and firm culture, reinforcing these values.


The evening concluded with a sense of inspiration and camaraderie, capturing the spirit of sheshines — a platform for knowledge exchange, leadership conversations, and building meaningful connections within the PE–VC ecosystem.