Ashish Gupta, Partner at Clearvision Ventures, has been in the industry for a long time and has an interesting perspective on AI investing.
Sramana Mitra: Especially for companies coming out of India who sell using inside sales either into the large enterprises or SMB, the SMB market has a lot of headroom in terms of the next 5 to 15 years. That is a market where there is a lot of technology going in. It completely aligns with
Sramana Mitra: It is also an evolution. This was not the case some time back. Startups had a very hard time attracting talent. That has changed. It’s become sexy and cool to work for startups in India. That’s a very good development. Ashish Gupta: You’re absolutely right. Sexy is the word. In fact, I recently
Sramana Mitra: Springing off your comment about huge amounts of money coming into India, it’s all relative. Even when you started in about 2006, there was too much money and too few deals. At that time, the product entrepreneurship ecosystem was still very nascent. There weren’t really a lot of fundable deals. That is not
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Ashish Gupta, Helion Ventures was recorded in May 2015. Ashish Gupta, Co-Founder of Helion Ventures, one of the key players in India’s venture capital eco-system. If the topic interests you, this discussion is extremely
SM: I think the individual-led incubator model is the best one for India. AG: A lot of these education institutions are hampered by the fact that the quality of mentors to the entrepreneurs is not high. They continue to labor under serious delusions as to what constitutes a business.
SM: What is happening on the retail side? AG: Lots of interesting stuff is happening in retail, financial services, and education. One way to look at India is as a readjustment of a standard of living. Everything that goes into standard of living is in a boom phase.
SM: There was a wave in the category of mobile value-added services. What is your synthesis of that at this point? AG: The biggest challenge for most of the companies at this point is that the carriers choose to keep 85% of the revenue. They expect the startup to put in the capex to get