1M/1M ambassador Irina Patterson talks with Parag Dhol of Inventus Capital Partners. Irina Patterson: Please tell us briefly about your personal background and about your fund. Parag Dhol: Inventus Capital Partners is a U.S.–India venture firm managed by successful entrepreneurs and industry operating veterans who have backed over 100 entrepreneurs with operations in India and/or
By guest authors Irina Patterson and Candice Arnold Irina: How much funding support does Enterprise Ireland usually provide to those entrepreneurs who are qualified? John: It’s in the low hundreds of thousands. If you go to the Enterprise Ireland site, it specifies that it changes with time. Obviously, over the past few years, Ireland’s gone
By guest authors Irina Patterson and Candice Arnold I am talking to John McIntyre, senior director at Citrix Startup Accelerator, which is an outgrowth of Citrix Labs, an internal research and innovation organization at Citrix with offices in Sydney (Australia) and Redmond (Washington), as well as a presence in Cambridge (UK), Santa Clara (California) and
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
By guest authors Irina Patterson and Vandana Upadhyay I am talking to Pravin Gandhi, a founding partner at Seedfund, which is one of the India’s leading early-stage venture capital funds, with operations in Mumbai, Bangalore and New Delhi. Seedfund was founded in 2006 by Bharati Jacob, Mahesh Murthy, and Pravin Gandhi. In 2010, they raised