Piper Serica

Profile

Piper Serica is a long-only active equity asset manager headquartered in Mumbai, established in 2004. The firm focuses on investment strategies in India, managing both public market funds and a deeptech startup investment fund. The management team owns the company with a majority stake held by women, emphasizing a disciplined, research-driven approach to investing. Piper Serica's team is known for its extensive proprietary research processes and a strong understanding of the Indian market dynamics.

Piper Serica invests primarily in Indian companies, focusing on deeptech sectors such as semiconductors, defence, spacetech, fintech, robotics, biosciences, and advanced electronics. The Bharat Tech Fund targets investment sizes of Rs 25-50 crore per company. Their strategy caters to both domestic and foreign investors, and they have previously launched an early-stage VC fund and a Foreign Portfolio Investor Fund. Known for tailoring strategies to the diverse objectives of its investors, the company promotes a culture of transparency and disciplined asset allocation.

Their notable investments from prior funds include Alt Mobility - electric vehicle financing, Pantherun - cybersecurity services, Rupeeflo - fintech solutions, OTPless - authentication services, Yaanendriya - augmented reality tech, Vobiz - business services software, and Six Sense Mobility - mobility solutions. These investments demonstrate their focus on innovative tech-driven solutions across industries.