Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Yash Hemaraj was recorded in February 2019. Yash Hemaraj, Founding Partner at Arka Venture Labs and Partner at Benhamou Global Ventures (BGV), discusses Arka’s recent partnership with 1Mby1M to accelerate Indian B2B
Sramana Mitra: What about sectors? Of course, India has gone through a lot of different cycles already in terms of sector popularity and experiments. So what are your conclusions and investment thesis around sectors at this point? Nandini Mansinghka: That’s a very interesting question. We’ve seen a slight shift in the trend over the years.
Sramana Mitra: Can you talk a bit about the way you work? If an entrepreneur wants to work with Mumbai Angels, what would be the procedure? Is it a subset of the angels who are investing? How do you manage that process? Just give us a little bit of color on the mechanics. Nandini Mansinghka:
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Nandini Mansinghka was recorded in January 2019. Nandini Mansinghka is CEO and Managing Director at Mumbai Angels Network, one of the oldest angel networks in India. Sramana Mitra: Nandini Mansinghka, from Mumbai
Sramana Mitra: If an entrepreneur takes $6.5 million in seed, how much ownership does he have left in the company? Preeti Rathi: Entrepreneurs have to be careful about making sure that they manage the valuation from that perspective. It isn’t really a good idea to give up so much of the company that it actually
Sramana Mitra: Talk to me a little bit about trends that you see in your deal flow. So if you look back on the last 12 or 18 months of deal flow, what are the highlights? Preeti Rathi: When I think about that, one thing that I’ve seen is this winner-take-all phenomenon that we’re observing.
Sramana Mitra: Are all the names that you rattled off seed investments? Preeti Rathi: Yes, most of them. We’re seed investors in Splunk and DocuSign. Not everyone of them is a seed investment. Like I said, we partner. Series A is a very good place for us to start with as well. If it’s something
Sramana Mitra: What about geography? What’s comfortable? Preeti Rathi: From a geography perspective, we’re really focused on companies right here in the US. Given our model of working hand in hand with our portfolio companies, we basically will wear whatever hat our portfolio companies require us to wear. You need help with strategy, we’ll do