Sumant Mandal is a Co-Founder & Managing Partner of March Capital. At March, Sumant invests in companies that utilize various automation technologies such as generative AI, ML, RPA, and cloud & data infrastructure as well as companies that support the fast-growing digitization of India. Since the firm’s inception in 2014, Sumant has mentored entrepreneurs, raised capital, and has built the organization and culture of March. With over two decades of venture capital experience, Sumant has generated multiple meaningful exits in companies that he either incubated or had been the first institutional investor. Sumant’s previous exits include CarTrade Tech (NSE: CARTRADE), VeloCloud Networks (acquired by VMware), Magnite (NASDAQ: MGNI), Kosei (acquired by Pinterest), among others. He currently serves on the Board of Directors of market-leading technology companies BillDesk, Nile, SparkCognition, Uniphore, and Xage. Sumant is also co-founder of two technology incubators in the San Francisco Bay Area: The Hive, focused on AI and Blockchain driven companies, and The Fabric, focused on cloud, IoT, and network infrastructure companies. Previously, Sumant was a Managing Director at Clearstone Venture Partners and began his career as an entrepreneur, starting companies in both India and the United States. Sumant attended the Kellogg Graduate School of Management at Northwestern University (MBA) and Michigan State University (B.S., Electrical Engineering). He is on the Board of the US-India Strategic Partnership Forum (USISPF) and is also a Charter Member of TiE.
