During this week’s roundtable, we had as our guest, Deepen Parikh, Partner at Courtside Ventures, a firm focused on investing in sports related ventures. Fascinating window in a little discussed sector. Cloudely At the top of the program, we had Suren Reddy from San Jose, CA, pitch Cloudely, a quote to cash SaaS integration provider
Sramana Mitra: What is your current analysis of the big problems in India? In the same vein that your colleagues went and sought out the Oyo team or founder, what are some problems out there that you are looking for solutions to or teams that are solving these problems? Hemant Mohapatra: There are three things
Sramana Mitra: You’re still selling completely direct? You’re not working with any of the major system integrators? Matthew Elenjickal: We do. We’re partners with almost every system integrator that you can think of. We work with almost every system integrator out there including Accenture and Genpact . We work with a lot of big software
Today’s 445th FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, May 23 at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 p.m. India IST. Click here to join. All are welcome!
Today’s 445th FREE online 1Mby1M Roundtable For Entrepreneurs is starting in 30 minutes, on Thursday, May 23, at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 p.m. India IST. Click here to join. All are welcome!
Sramana Mitra: It sounds like when a situation like that arises, your global fund or Silicon Valley fund is bringing in the capital to match the round. Anyway, we don’t need to belabor the point. You were going to talk about Udaan. Hemant Mohapatra: It’s a very India-centric problem. Commerce in India has always been
Sramana Mitra: What is the process of customer acquisition? Where you reaching out to these customers? Were they reaching out to you? What was the inbound and outbound? What was the go-to-market strategy? Matthew Elenjickal: For those early days, it was still outbound. You go through your Rolodex and some of the companies you work
Hemant Mohapatra: We invested $60,000 in Oyo and then worked with the founder and built up a relationship. I saw them through multiple fundraising. They have raised more than a billion dollars now from the likes of SoftBank. We have stayed together with the founder on not just capturing India’s opportunity but also expanding into