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
Anupam Rastogi: I’ll talk about a more recent investment. They’re in the privacy space. They’re helping developers develop code that is more privacy-friendly. There are a lot of these regulations including GDPR in Europe where you need to be careful about what data is being stored, how it’s being stored and processes. Developers have to
Sramana Mitra: Can you elaborate on what it would take for you to do the concept stage? We see very few investors who do the concept stage. Anupam Rastogi: Along with the other criteria, we are looking to see how much market development the founder has done. We come across entrepreneurs who have gone to
Anupam Rastogi is General Partner at Emergent Ventures, a firm focused on B-to-B tech investments. Sramana Mitra: Let’s start by getting you acquainted with our audience. Talk a bit about how you position your fund. Before that, give a little bit of your own background too. Anupam Rastogi: I’ve been in the technology space for
Sramana Mitra: It’s great to hear about all these activities. We have seen many ecosystems come up through our work. We try to cover a lot of these companies. Utah is a very good example. They’re a bit ahead of you, because they’ve had sizable exits. That has created angels and seed money. Ohio probably
Sramana Mitra: You said earlier that your preferred funding round is Series A where you put in a million or so in that round. In some cases, you do some seed investment. Could you talk about how Ohio entrepreneurs are getting to Series A? Is there a seed ecosystem that is supporting or is there
Bill Baumel, Managing Director at Ohio Innovation Fund, is one of the pioneers of the Ohio startup ecosystem. Sramana Mitra: Let’s start with some introduction to where you are with your work with Ohio Innovation Fund. What’s happening in Ohio as an ecosystem?
Sramana Mitra: The other advantage you have is, there is a substantial enterprise software buyer market in Europe as well. The Indian buyer market is not as mature. Europe has lots of large enterprises that buy a lot of technology. You could build a substantial business catering to European enterprise customers. That’s one observation. The