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Sumant Mandal
Co-Founder & Managing Partner at March Capital
Sumant Mandal is a Co-Founder & Managing Partner at March Capital, a venture growth firm based in Santa Monica, California.15 He has over two decades of venture capital experience and specializes in investing in companies that utilize automation technologies such as generative AI, ML, RPA, and cloud & data infrastructure, as well as companies supporting India's digitization.12
Mandal co-founded March Capital in 2014.4 The firm has over $1.65 billion in assets under management across four funds.4 In his role, Mandal has been instrumental in mentoring entrepreneurs, raising capital, communicating with investors, and building the organization and culture of March.1
Some key aspects of Sumant Mandal's career include:
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Successful exits: He has generated multiple meaningful exits in companies he either incubated or was the first institutional investor in, including CarTrade Tech, VeloCloud Networks, and Magnite.13
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Board memberships: He currently serves on the boards of several market-leading technology companies, including BillDesk, Nile, SparkCognition, Uniphore, and Xage.15
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Technology incubators: Mandal is also a co-founder of two technology incubators in the San Francisco Bay Area: The Hive (focused on AI and Blockchain) and The Fabric (focused on cloud, IoT, and network infrastructure).13
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Previous experience: Before March Capital, he was a Managing Director at Clearstone Venture Partners and started his career as an entrepreneur in both India and the United States.15
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Education: Mandal holds an MBA from the Kellogg Graduate School of Management at Northwestern University and a B.S. in Electrical Engineering from Michigan State University.13
Mandal is also on the Board of the US-India Strategic Partnership Forum (USISPF) and is a Charter Member of TiE.1
