Enterpreneurship is a critical element of a growth economy, and India is poised to unlock a Silicon Valley like entrepreneurial boom through the next 10 years. The beginnings are already in place, steps have been taken in the right direction.
I have written extensively on the topic of entrepreneurship and venture capital in India, and thought it would be a good time to summarize the various pieces.
Last summer, I started digging into the topic, and came up with my first nugget: Too Much Money, Too Few Deals, highlighting the excess capital chasing Indian startups, and the lack of fundable deals.
Around the same time, I also wrote my popular Concept Arbitrage series, which led up to the widely read Venture Capital in India article. In these, I explored what kinds of deals have been getting funded, and why. Consumer Internet turned out to be a big trend from last year, for India, while non-tech sectors like retail and real estate are also big money-making opportunities. In fact, I highlighted the retail trend in my piece about Oak Investment Partners’ India Retail Fund.
This year, as we have explored the issue of seed capital for entrepreneurship in India, the situation has got more dire, with more money going into India. This has led me to the conclusion that India Needs More Incubator Funds. I continued an exploration of the incubator fund requirements, while entrepreneur Sujai Karampuri wrote some passionate pieces on why we need technology product companies in India, and why we don’t have any.
In summary, I am optimistic about India’s entrepeneurial potential, and look forward to tracing its developments over the coming months and years.