Sramana Mitra: The India e-commerce market is an active market, but it still operates on this cash-on-delivery mode. Are there indications that this is going to change and people will feel more comfortable with providing credit cards on the internet? That’s going to accelerate the trends. Sasha Mirchandani: It has to change. It’s a mindset
Sramana Mitra: Which companies would you call out as some of the best companies in the Indian tech industry today and the most likely ones to have successful exits? Sasha Mirchandani: Let me break that into two answers. I’ll talk about companies that I like in no particular order. I can think of Tracto. We
Sramana Mitra: I think there are some question marks that are coming up now that there has been some runway that the venture capital industry in India has had to play in the market. The other question out of that is the length of time it takes to grow a company in India. The traditional
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Sasha Mirchandani was recorded in February 2016. Sasha Mirchandani, Managing Partner of Kae Capital, an early stage venture fund, is also a co-founder of Mumbai Angels. Sasha re-emphasized that Indian VCs only invest in
Sramana Mitra: It’s not there. We hear from entrepreneurs from all of those places because we operate with a global footprint. In some ways, India is doing better. Latin America is behind because Latin America hasn’t had the technology outsourcing industry which is where the Indian technology product industry is coming from. That’s where they
Sramana Mitra: What is your perspective of these global companies being started in various different places? India is just one of them. We are seeing companies coming out of Europe and Asia. There is a tendency or practice of them moving headquarters to Silicon Valley or somewhere in the US. What is your feeling about
Sramana Mitra: Definitely, we encourage the philosophy of bootstrap first and raise money later. We have nothing against raising money but bootstrapping first is really critical to preserve ownerships. The amount of money that is being raised today, especially in these cloud businesses is crazy. By the time you raised that much money, that valuation
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. If you haven’t already, please study our free Bootstrapping course and the Investor Introductions page. The following interview with Naren Gupts was recorded in October 2014. Naren Gupta, co-founder of Nexus Venture Partners – a firm with an