8vdX is the first tech-enabled venture debt marketplace for startups, think of us as AngelList for venture debt. We are a challenger to the old venture debt players. Our mission is to provide founder friendly debt to the startups in YC and be the debt partner to the breakout companies as they scale and raise their Series A, B and beyond. The founders, Ravi Chachra and Vijay Lavhale, worked together at Eight Capital which is a credit platform started by Ravi in 2005. Ravi is a repeat fintech founder, he started Snaz in 1999 - a startup that built a mobile wallet with single click checkout. Vijay has an engineering degree from IIT Delhi and has previously worked at Goldman Sachs.
Ravi is an experienced serial entrepreneur with deep domain knowledge in credit. In 1999, he co-founded SNAZ, a mobile wallet and universal shopping cart. After the Dot.com bust, he set up a fund to acquire busted convertibles bonds of technology companies that could thrive in the future. In 2005, Ravi co-founded Eight Capital, an India focused credit platform which evolved to include global investments. Ravi holds a Degree in Computer Science and an MBA in Finance from Wharton School.
Vijay is an accomplished and effective finance professional with substantial experience in Investment Management. Prior to founding 8vdX, he worked at a credit platform managed by Eight Capital and J.C. Flowers & Co. He also previously worked at Goldman Sachs, where he used his tech and finance skills to help global clients with FX hedging strategies. He is an IIT Delhi and IIM Bangalore graduate where he was part of the Director’s Merit List. He has passed all 3 levels of the CFA Program.