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Epiq Capital makes first 3 investments in Lenskart, Mswipe and NestAway

The investments in Lenskart, Mswipe and NestAway reflect our core strategy and philosophy, says Rishi Navani of Epiq Capital

(From left) Lenskart founders Amit Chaudhary, Peyush Bansal and Sumeet Kapahi
(From left) Lenskart founders Amit Chaudhary, Peyush Bansal and Sumeet Kapahi
Ranju Sarkar
Last Updated : Aug 07 2018 | 2:04 PM IST
Epiq Capital, the firm founded by former venture capitalist Rishi Navani, has closed its first three investments in Lenskart Solutions Private Limited, Mswipe Technologies Private Limited and NestAway Technologies Private Limited. The firm makes primary and secondary investments.

“The investments in Lenskart, Mswipe and NestAway reflect our core strategy and philosophy. We are privileged to have partnered with exceptional entrepreneurs who have achieved a deep product value proposition with innovative business models," said Rishi Navani, Founder and Managing Partner, Epiq Capital.

Epiq Capital is building India’s premier growth and later stage tech-investment platform. It partners with exceptional entrepreneurs over the long term to scale companies into large, sustainable enterprises. The team has over two decades of India investing and operating experience including investments in Lenskart, Mswipe and NestAway and past investments in Daily hunt, Five Star and W. 

Lenskart is a category defining, next-generation tech-enabled, omnichannel eyewear platform. Lenskart has achieved significant scale and operating profitability by combining brand ownership, online and offline distribution with over 400 stores in 75 cities across India, and integrating manufacturing to provide high-quality eyewear at affordable prices to address over half a billion people requiring vision correction.

Mswipe is a payment and SME financial services platform. It has established a network with over 300K terminals in 750 cities across India driven by product innovation, an end-to-end unified payment platform, and a highly efficient sales presence. The company has achieved operating breakeven and is expanding its product offerings to address the large SME financial services opportunity.

NestAway is an online home rental network. The company is building a trusted brand and solving for landlords with millions of vacant homes as well as over a million annual migrants seeking quality, affordable housing in the large cities.  NestAway provides ready-to-move-in homes and associated services to over 35,000 tenants currently and has over 14,000 homes under management.