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
Sramana Mitra: What do you see in the deal flow? We are in the end of 2017. In the last three months, what trends have you spotted? Raj Singh: To be very honest, the deal flow is slowing down towards the end of the year, but we still see a lot of the P2P model.
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 Raj Singh was recorded in September 2016. Raj Singh, Founder and Executive Director at Singh Ventures, offers a window into his firm’s investment thesis. Sramana Mitra: Tell us about your investing focus. How big
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
Sramana Mitra: Explain the Zomato business model that you think is going to scale. Rehan Yar Khan: Zomato occupies premium mindshare when it comes to food. From that, you can develop several monetization levers. Some of them get switched on. The older ones like Yelp is where you monetize listings. Newer ones involve food orders
Sramana Mitra: What is the typical round size? Ron Heinz: We typically put in between $3 million and $6 million. Our ownership structures tend to be between 15% to 25%. Our average check size upfront is $5 million and the reserve would be double of that. Sramana Mitra: When you do a Series A in
Sramana Mitra: How do you analyze Flipkart in that context? Has Flipkart gone on to build this whole distribution and logistics infrastructure, which is not asset-light at all? Rehan Yar Khan: Flipkart is not as asset-heavy as building channel stores. It’s not as asset-light as Snapdeal. It does have some backend, but the entire frontend