By guest authors Irina Patterson and Vandana Upadhyay Irina: You invest not only in technology companies but in companies in other sectors, right? Pravin: Yes. India has many opportunities and challenges; technology adoption is not the best here. There are enough opportunities in different business models on how to do things better and more efficiently.
By guest authors Irina Patterson and Vandana Upadhyay Irina: How many people do you have working in your incubator now? Pravin: We have four outside advisors who work once a month or once a week, with these companies depending on the requirements. We have somebody who understands retail, somebody who understands the Internet, or somebody
By guest authors Irina Patterson and Vandana Upadhyay Irina: How do you find your current deals? Pravin: We have been in the game since 1990. Individually, we are quite well known in the early-stage business. Because we have been around, we have a very good network with investment bankers, and we are very active in
By guest authors Irina Patterson and Vandana Upadhyay Pravin: So, we went with an idea of a $50 million fund. It turned out to be quite easy to raise and within six months we were all ready to go. We had interest from variety of funds. We could have raised more money but we didn’t