Premji Invest

Private Equity

Investment arm of Azim Premji's endowment, one of India's largest private investment firms.

Profile

Founded
2001
Headquarters
Bangalore, IN
Investments
10
Companies
6

Capital

Total Deployed
$3.6B
Lead Rounds
2

Portfolio

6 companies
Devoted Health $2.1B
Private Waltham, United States

Devoted Health is a technology-driven health insurance company focused on Medicare Advantage plans for seniors. The company combines a full-stack health plan with proprietary technology to deliver personalized care, guide navigation, and clinical programs designed to dramatically improve the health and well-being of older Americans.

Navan $1.3B
Public Palo Alto, California, United States

All-in-one corporate travel, payments, and expense management platform (formerly TripActions). Combines travel booking, corporate-issued payment cards, expense reporting, and analytics for businesses. Serves over 10,000 customers globally and went public on the Nasdaq (NAVN) in October 2025.

Applied Intuition $1.2B
Private Mountain View, United States

Applied Intuition is a vehicle software supplier that builds simulation, validation, and development tools for autonomous driving and ADAS. The company serves 18 of the top 20 global automakers and has expanded from pure simulation into a full autonomy stack, incorporating generative AI capabilities for automotive, trucking, mining, agriculture, and defense industries.

Runway $860M
Private New York, US

AI research company building generative AI tools for video, image, and multimedia content creation. Develops foundation models for video generation including its Gen series of models, and is expanding into world models that simulate physics-aware environments.

Signifyd $409M
Private San Jose, United States

Signifyd provides a Commerce Protection Platform that uses machine learning and large-scale data network effects to provide guaranteed fraud protection for e-commerce merchants. The platform automates order decisions with a financial guarantee against chargebacks, enabling merchants to maximize revenue while minimizing fraud losses. Signifyd's network processes billions of transactions from thousands of merchants worldwide.

Cyngn $110M
Public Mountain View, United States

Cyngn develops AI-powered autonomous vehicle technology for industrial and commercial applications. The company's DriveMod platform enables autonomous tuggers and forklifts for warehouses and manufacturing facilities, addressing labor shortages without requiring special infrastructure. Originally founded as Cyanogen Inc. to commercialize the CyanogenMod Android OS, the company pivoted to autonomous vehicles in 2017.

Investment data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.