In case you missed it, you can listen to the recording of this roundtable here:
During this week’s roundtable, we had Mohanjit Jolly, Partner at Iron Pillar Fund, discussing his firm’s growth stage investment thesis. You can listen to the recording of this roundtable here:
Sramana Mitra: How long do you think it will take for India to catch up? Mohanjit Jolly: The next year will be a challenging one. When the next bull run starts, India is going to be playing a pretty big role in the outcomes. I’m less interested in the term unicorn; I’m more interested in
Sramana Mitra: One of my observations on Now Float is that selling to SMBs in India is hard. Mohanjit Jolly: That’s right. The dichotomy in India is – Indians love to be pampered as customers. Sramana Mitra: High-touch, low-value sales. Mohanjit Jolly: Exactly. They want the high touch but the unit economics don’t work. That
Sramana Mitra: Why did you make the decision of focusing on India-for-the-world? Mohanjit Jolly: One of the reasons is I’m sitting in Palo Alto. I don’t have my finger on the pulse of what’s going on in India. Having said that, I have colleagues who are in India and the Middle East. They do have
Sramana Mitra: You said you invested in eight companies from the first fund and then continued to invest in those eight. Let’s talk about some of them. I want to get a flavor of the kinds of companies that drew your attention. Mohanjit Jolly: We have a concentrated portfolio strategy. Most of the folks who
Mohanjit Jolly, Partner at Iron Pillar, and a long-time player in the Indian startup ecosystem discusses Exit options for Indian startups and other topics. Sramana Mitra: I know you’ve been in the industry for a very long time and have been following the evolution of the Indian venture capital ecosystem for a long time. Let’s
Mohanjit Jolly, Partner at Iron Pillar, and a long-time player in the Indian startup ecosystem discusses Exit options for Indian startups and other topics.