In case you missed it, you can listen to the recording here:
Sramana Mitra: What about sectors? Of course, India has gone through a lot of different cycles already in terms of sector popularity and experiments. So what are your conclusions and investment thesis around sectors at this point?
Nandini Mansinghka: That’s a very interesting question. We’ve seen a slight shift in the trend over the years. So if you look at our portfolio of 130 companies, we were focusing a lot on tech and tech product companies because the hypothesis was that we need to look at startups in a similar way as the Valley. Over the last three to four years, we’re seeing a distinct change in how they are being looked at. >>>
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Cloud-based enterprise planning services provider Anaplan (NYSE:PLAN) went public in October last year. For the few months that the stock has been listed, it has delivered robust growth. Last month, Anaplan announced its quarterly results that surpassed market expectations and sent the stock soaring.
During this week’s roundtable, we had as our guest Sumant Mandal, Managing Director at March Capital Partners, a firm that invests largely in enterprise facing businesses with deep technical differentiation. The conversation includes excellent insights into the changing dynamics of the networking space and how companies like Cisco and Juniper are managing their existential threats.
Then, Tim Lieu from California pitched V Words! a mobile game that he wishes to raise money for. Unfortunately, games don’t get funded unless there is proven traction.
You can listen to the recording of this roundtable here:
Sramana Mitra: Can you talk a bit about the way you work? If an entrepreneur wants to work with Mumbai Angels, what would be the procedure? Is it a subset of the angels who are investing? How do you manage that process? Just give us a little bit of color on the mechanics.
Nandini Mansinghka: We receive about 5,000 applications for funding every year. These come through several different channels. One of our strongest ones are recommendations by members and by companies that got funded earlier in our ecosystem. That’s one. A lot of startups have a line to pitch directly at mumbaiangels.com. There’s the outreach that we’re doing continuously. We’re there at events. We’re there at different forums and trying to attend. >>>
Today’s 436th FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Wednesday, March 20, at 8 a.m. PDT/11 a.m. EDT/4 p.m. CET/8:30 p.m. India IST. Click here to join. All are welcome!
Today’s 436th FREE online 1Mby1M Roundtable For Entrepreneurs is starting in 30 minutes, on Wednesday, March 20, at 8 a.m. PDT/11 a.m. EDT/4 p.m. CET/8:30 p.m. India IST. Click here to join. All are welcome!