Sramana Mitra: But that’s not the basis of the Indian BPO industry. Indian BPO industry has to do exactly what you’re doing with technology – to automate how to outsource all these routine mundane tasks. Ondrej Bartos: I do agree. Also, BPO is already not among the top verticals that UiPath is going after. But
Sramana Mitra: What’s been UiPath’s strategy? Have they set up in Silicon Valley very early on? What is their geographical location and headquarters? How was the company’s run from a scaling perspective? Ondrej Bartos: The truth is that they started expanding fairly early on. They started with two territories. One is the US. It’s not
Sramana Mitra: Where are they getting traction in terms of customers? I assume they’re going after enterprise customers. Where? What segment? What kind of use cases are they getting the most traction in? Ondrej Bartos: This is very different from then and now. UiPath is now is a company with over 2,000 employees with nine-digit
Sramana Mitra: If you can get a concept validated and moving to some extent, you can sort of do the very early stage in Central Europe. You can always raise more money and set up a second headquarters here in Silicon Valley and get that access. The bridge between India and Silicon Valley has become
Sramana Mitra: What is the geographical boundary? When you say Central European investments, how far do you go? What are the four regions? Obviously you have Prague and surroundings. But what else? Ondrej Bartos: So when we talk about Central Europe, it’s basically the region between Germany and, sort of, Ukraine with those two excluded.
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Ondrej Bartos was recorded in January 2019. Ondrej Bartos, General Partner at Prague-based Credo Ventures, focuses on investing in Central European startups. Their major success story is UiPath in robotics processes automation
Ondrej Bartos, General Partner at Credo Ventures based in Prague, focuses on investing in Central European startups. Their major success story is UiPath in robotics process automation.