Anirudh Damani: However, India continues to be a very price-conscious market. India is not usually the place where you come to have massive profits. You get massive scale but not massive profits. When you go overseas like Africa or Southeast Asia, there are two parts of the world holding close to two billion plus people
Sramana Mitra: Those examples that you gave of a B2C venture out of India that is doing global business, how common is that across your portfolio? Anirudh Damani: One out of five businesses on the B2C side is either looking overseas or getting inbound interest from overseas. Sramana Mitra: Is that primarily in EdTech? Is
Sramana Mitra: You have made 27 investments. Let’s talk about some of the Artha case studies. Anirudh Damani: We could look at HobSpace. All 27 deals we have done were referred to us. We’re getting so much deal flow these days that it’s very difficult for my team to keep up even with the best
Anirudh Damani: I used to be on the road for probably 25 days a month. I’ve lived in a lot of Motel 6’s across the US. I understand the value and effort it took to standardize that experience across the board. When I was looking at the deal, I could understand what he was doing.
Sramana Mitra: Is your portfolio all India-born companies? Anirudh Damani: Out of the 27 we’ve done from the fund, 26 are domiciled in India. One is domiciled in the US but it’s primarily an Indian business selling to the world. In terms of sales, 25% of our portfolio sales happen outside the country, but most
Anirudh Damani is the Managing Partner at Artha Venture Fund. We have a terrific discussion on the Indian Startup Ecosystem and its trends. Sramana Mitra: Let’s get you acquainted with the audience. Tell us a bit about Artha and your background. Anirudh Damani: I have had a very interesting journey to becoming a venture capitalist.
Anirudh Damani is Managing Partner at Artha Venture Fund. We have a terrific discussion on the Indian Startup Ecosystem and its trends.