Firms

Piper Serica

Piper Serica

Manages public equity portfolios and venture funds investing in Indian technology companies. Its private-market strategies back proprietary deep tech in AI, space, semiconductors, electronics, defence, fintech infrastructure and biosciences, combining early-stage investing with growth financing.

Founded
2004
Type
Venture capital

Funds1

  • Piper Serica Bharat Tech Fund₹4B

    Category II alternative investment fund for growth-stage Indian IP-led deep tech companies. Director Ajay Modi reported approximately ₹400 crore raised as of 6 September 2026, toward a ₹600 crore base target plus a ₹200 crore greenshoe option. This is a fundraising update, not a disclosed final close; target amounts are not recorded as committed capital.

Team

Abhay Agarwal

Piper Serica, Founder & Fund Manager

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Ajay Modi

Piper Serica, Director, Investments

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Amit Ghule

Piper Serica, Senior Associate

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Viraj Negandhi

Piper Serica, Investment Analyst

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Operations and support

Abhijeet GaonkarSenior Manager, Administration
Akshay KadamSenior Manager, Investor Relations
Anuja MohareSenior Manager, Operations
Rahul ChaudhariHead, Ops & Compliance
Rajni AgarwalDirector, Research
Vishal KudtarkarAssistant Manager, Finance
Yash GandhiManager, Finance & Operations

Co-investing

No co-investors on record yet.

Investments