Early-stage venture capital firm Sadev Ventures has appointed former CRED and Snabbit executive Ishan Kansal as co-founder and Managing Partner as the firm looks to scale its assets under management and expand into venture debt.

Kansal is expected to join the Delhi-based firm in early June 2026 and will lead the company's second office in India as part of its expansion plans.

Last month, when Entrackr reached out to Kansal regarding his departure from Snabbit, he denied the move, saying, "I am not leaving the company, nor do I have any plans to. I'm currently focused on our upcoming roadmap and settled in for the long haul."

Kansal has experience across consumer internet, fintech, insurtech, and investment banking. He joins Sadev Ventures from Snabbit, where he served as Head of Product and led product, data, and design functions.

Prior to Snabbit, Kansal spent nearly six years at CRED as part of its early team, where he worked across payments, insurance, deposits, lending, user growth, and monetisation. Earlier, he also worked with Paytm and Deutsche Bank across India and APAC markets.

The appointment comes as Sadev Ventures targets Rs 1,000 crore in assets under management over the next 18-24 months. The firm is also preparing to launch its second equity fund and formally enter the venture debt segment.