Sramana Mitra: I was just talking about trends in various kinds of lending businesses. If you look at QuickBooks financing, it’s Intuit’s product. They’re lending to small businesses that use QuickBooks online. The dataset they’re using to evaluate is QuickBooks data. That’s a proprietary dataset that nobody else has access to. It’s an unfair advantage
Sarbvir Singh: We believe that just focusing on size and hungry businesses is not always the right solution. We want to rightsize our fund. There is also the reality of running a fund and there is a cost to it. You have to get both sides right. There are different solutions that people can arrive
Sramana Mitra: The second question I have is what is your analysis of the trend of small funds like yourself that are doing the early-stage investments exiting into the later rounds. Do you see that happening a lot in the Indian ecosystem right now? Sarbvir Singh: We look at it in two ways. It is
Sramana Mitra: Let’s double-click down on some of the companies that you have funded. As you talk about them, talk about what situation were they in when you got involved. What did they have by way of proof points that you resonate with. Let’s start with the one that you already exited. Sarbvir Singh: The
Sramana Mitra: In the case where people have raised some money before, just raising money doesn’t qualify people for another round of funding. There need to be metrics. I was more interested in what those are. Sarbvir Singh: In those situations, they have the resources to build something out there. There are customers. In some
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Sarbvir Singh was recorded in April 2019. Sarbvir Singh, Managing Partner at WaterBridge Ventures, talks about the firm’s India-focused investment thesis. Sramana Mitra: Tell us about WaterBridge Ventures. What are your activities?
Sarbvir Singh, Managing Partner at WaterBridge Ventures, talks about the firm’s India-focused investment thesis.