Sramana Mitra: The story that needs to come together for the ecosystem to get the next level of boost is that there are a lot of acquisitions happening. Even here, the vast majority of exits are M&A exits. It’s not IPOs. IPOs happen but not that many. The strategic acquisition story just needs to come
Sramana Mitra: Your primary business is in the small investment area. You have a $100 million fund and you’re doing Series A and pre-Series A. What is your current e-commerce strategy in terms of early-stage investments? Suresh Shanmugham: From our standpoint, we are certainly open to looking at e-commerce opportunities. I don’t think there is
Sramana Mitra: That company has gone in a different direction since then. Why don’t you talk about what you see in that situation? That would give us a good segue into a trend discussion on Indian e-commerce, especially given the shifts that are happening there. What is your current analysis of the Indian e-commerce market?
Sramana Mitra: I understand that in 2007, it was betting on Vijay as the entrepreneur. How long did you stay in that company? Did you seek an exit somewhere along the way? What has been your evolution with that company? Suresh Shanmugham: We have exited a good portion of our position. The company split into
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Suresh Shanmugham was recorded in May 2018. Suresh Shanmugham, Managing Partner at Saama Capital, talks about the Indian venture capital eco-system, trends, exits, and his firm’s investment strategy. Sramana Mitra: What we’re