On AI Lounge since Oct 2026
Karthik Dasari
Member #59FounderBetaL1Founder, Forma
Founder of Forma and managing director at Tern Capital
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Achievements
Plugged InConnected sources: GitHub, Hugging Face, LinkedIn, X, website.How: Connected 1 source (GitHub, LinkedIn, X or a website) in Settings
Plugged In
VerifiedFounder whose ARR is verified on AI Lounge. Comes with the blue check next to their name.How: ARR verified on Lounge
Verified
Founding MemberOne of the first 500 members.How: Joined AI Lounge in the founding cohort
Founding MemberFeatured
SpotlightWas the AI Lounge Featured Member for a day.How: Featured Member
Spotlight
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About
Karthik Dasari is the founder of Forma, a retail software platform built by acquiring and combining specialist software businesses, and managing director of Tern Capital in London. Karthik founded Tern Capital in 2011 as a hands-on technology investor that acquires and grows software companies, with recent deals including Sofco, RMS Metrofy and Mind of My Own. Through Forma, he is bringing together software for retail operations, workforce planning and demand planning.
Stack
Raises & exits
Member RaisesForma Innovations
Undisclosed
Led by Tern Capital
Forma Innovations is backed by the private equity firm Tern Capital for an undisclosed amount, and it bought Sofco in a deal supported by an £8.3M Shawbrook facility (debt, not equity).
Experience
Founder & Managing Director at Tern Capital
Founder & Managing Director · Tern Capital
Education
INSEAD
The University of Hong Kong
