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Spyre Proptech Venture Fund logoSP

Associate / Senior Associate — Investments

Mumbai, Maharashtra, IndiaFull-time11h ago

We are seeking a highly analytical and driven Associate / Senior Associate to join our investment team. This role is ideal for someone with a strong engineering foundation and hands-on VC experience, who has independently managed the investment lifecycle — from sourcing to evaluation, diligence, IC management, deal closure, and post-investment support.

You will play a critical role in identifying category-defining deeptech startups for a PropTech sector-focused fund, building conviction through rigorous technical and commercial analysis, and driving end-to-end execution of transactions.

Key Responsibilities

1. Deal Sourcing & Pipeline Management

  • Proactively identify high-potential deeptech startups within the PropTech sector (AI/ML, robotics, semiconductors, biotech, climate-tech, quantum, advanced materials, etc.)
  • Build and maintain strong founder networks, incubator relationships, and ecosystem touchpoints
  • Own and update the deal pipeline; run weekly funnel reviews with the senior team

2. Investment Evaluation & Due Diligence

  • Lead first-level technical and commercial diligence using your engineering background
  • Build detailed financial models, market maps, and competitive landscape analyses
  • Coordinate technical experts and external diligence partners where required
  • Prepare deal notes, IC memos, and thesis documents with clarity and rigor

3. Investment Committee (IC) Ownership

  • Prepare, structure, and present IC documents — including teasers, detailed investment memos, risk assessments, and valuation summaries
  • Manage IC logistics, communication, and follow-through on feedback
  • Drive internal alignment with partners to move deals from discussion to approval

4. Transaction Execution

  • Coordinate term sheet negotiations, documentation workflows, and closure processes
  • Work closely with legal counsel to review investment agreements, SHA/SSA, cap tables, ESOP documentation, and compliance requirements
  • Ensure accurate and timely execution of deal paperwork and internal documentation

5. Portfolio Support & Market Research

  • Support portfolio companies on strategic priorities, fundraising, and business insights
  • Conduct thematic research and create investment theses across deeptech domains
  • Represent the fund at events, conferences, and ecosystem forums

Required Qualifications & Skills

Must-Have

  • Minimum 12 months of full-time VC investment experience
  • Demonstrated experience managing end-to-end investment cycles — sourcing → diligence → IC → deal closure
  • Strong memo-writing and documentation abilities
  • Comfort with technical deep-dives, product evaluations, and founder interviews
  • Strong financial modelling and analytical skills
  • High ownership, attention to detail, and ability to manage multiple parallel deal workflows

Preferred

  • Prior experience evaluating deeptech or frontier technology companies
  • Exposure to operational work within VC funds
  • Strong ecosystem networks across the Indian startup ecosystem
  • Ability to independently form investment convictions and defend them with data

What We Offer

  • Opportunity to work with a new deeptech-focused VC fund shaping the future of frontier innovation
  • Exposure to groundbreaking technologies and world-class founders
  • High ownership role with rapid learning and career growth
  • Collaborative, intellectually curious, and merit-driven team culture