Sanjay Kanvinde

Thanks to the trust of all our LPs, we are pleased to announce that Fund II has achieved is target fund size of ₹200Cr (~$21M) one year after the first closing. The ₹100Cr green shoe option is retained. vccircle.com/lavniventures-h…

In 2018, PadCare didn’t start with a pitch deck. It started at a landfill. I was speaking to a Safai Karmchari and asked a simple question: “What happens to sanitary waste?” The answer exposed a gap no one wanted to own. Sanitary waste was being burned, buried or ignored. No system. No dignity. No accountability. That moment stayed with me. Today, I am grateful to share that @PadcareL has raised $3 million in Pre-Series A round, backed by long-term, mission-aligned investors- @Rainmatterin, @3one4Capital , @BrigadeReap @ Pratul shroff and participation from existing investors @ 3ipartner, @LavniVentures who also believe in building  real infrastructure for sanitary waste recycling. But this isn not a victory post. This fundraise is a responsibility to our customers, our team, and the category we’re building. Over the years, PadCare has grown into a platform serving 700+ organisations across 24 cities, staying focused on execution, compliance, and measurable ESG impact, often years ahead of regulation. We have had tough phases too. There were moments when survival itself felt uncertain. What kept us going was not optimism, it was a belief from customers, a team that showed up every day, and the conviction that this problem had to be solved properly. - This milestone allows us to double down on what matters. - To our customers, thank you for believing early. - To the PadCare team, this is your achievement. - To everyone working on ignored problems, keep building. Still Day One. Back to first principles.

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Pleased to announce the First Closing of Lavni Venture Fund II - bringing patient capital to India's deep-tech impact #startups. Thank to the continuous trust and support of our LPs, investee company founders, co-investors, govt agencies, service partners, and well wishers.