John Dougery: I think that the point about SaaS is all about market size, but we have a different view. We have been doing SaaS companies since we started 10 years ago out of India. We’ve always had a thesis that business software companies are going to be very interesting product opportunities. That came out
John Dougery: We had a thesis around services-based businesses in e-commerce for consumers. Financial technologies are a big segment there. We invested in Policybazaar, which is the leading online insurance marketplace by a factor of 10 over its competition now. It was about a factor of five when we first invested. It’s getting increasing commissions
Sramana Mitra: Let’s do a couple of case studies of the kinds of companies that you have invested in and had successes with. If you could, for the benefit of our entrepreneurs, walk us through the logic and thought process of the investment thesis when you invested. John Dougery: I’ll start with companies that are based
John Dougery: There are many opportunities and efficiencies in India to build world-class products for business customers out of India. Our focus was, and continues to be, both consumer consumption in India and also business consumption both in India and globally. About half our companies are business software companies with an increasingly heavy dose of
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with John Dougery was recorded in May 2016. John Dougery, Co-Founder and Managing Director of Inventus Capital, a fund that is one of the earliest players in the Silicon Valley – India corridor, discusses his