Rahul Chandra: Our thesis, of course, changed in 2011 but it was multi-faceted. We were investing more similarly to a Silicon Valley fund which is consumer enterprise and consumer internet specifically. These are fairly broad terms. Since you know both sides very well, you know that the depth you can get to in a particular
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Rahul Chandra was recorded on July 2019. Rahul Chandra, Managing Director at Unitary Helion Ventures, provides an excellent overview of the opportunity around India’s next 400 million consumers. Sramana Mitra: Tell us
Sramana Mitra: Explain the Zomato business model that you think is going to scale. Rehan Yar Khan: Zomato occupies premium mindshare when it comes to food. From that, you can develop several monetization levers. Some of them get switched on. The older ones like Yelp is where you monetize listings. Newer ones involve food orders
Sramana Mitra: How do you analyze Flipkart in that context? Has Flipkart gone on to build this whole distribution and logistics infrastructure, which is not asset-light at all? Rehan Yar Khan: Flipkart is not as asset-heavy as building channel stores. It’s not as asset-light as Snapdeal. It does have some backend, but the entire frontend
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Rehan Yar Khan was recorded in September 2016. Rehan Yar Khan is General Partner at Orios Venture Partners, and an early investor in the Indian startup scene. Rehan’s core focus is on the Indian
Sramana Mitra: It’s not there. We hear from entrepreneurs from all of those places because we operate with a global footprint. In some ways, India is doing better. Latin America is behind because Latin America hasn’t had the technology outsourcing industry which is where the Indian technology product industry is coming from. That’s where they
Sramana Mitra: What is your perspective of these global companies being started in various different places? India is just one of them. We are seeing companies coming out of Europe and Asia. There is a tendency or practice of them moving headquarters to Silicon Valley or somewhere in the US. What is your feeling about
Sramana Mitra: Definitely, we encourage the philosophy of bootstrap first and raise money later. We have nothing against raising money but bootstrapping first is really critical to preserve ownerships. The amount of money that is being raised today, especially in these cloud businesses is crazy. By the time you raised that much money, that valuation