In case you missed it, you can listen to the recording here:
During this week’s roundtable, we had as our guest Anand Rajaraman, Founding Partner at rocketship.vc. Anand was an early investor in Facebook. Among other things, we discussed how the quality of startups from India has been improving.
Digital Parliament
As for entrepreneur pitches, today we had Harsha Mukherjee from Mumbai, India, pitch Digital Parliament, a social media platform for managing elections.
You can listen to the recording of this roundtable here:
Sramana Mitra: You said you’ve invested in 10 companies from this vehicle. Could you talk about some examples? Specifically, talk about in what stage did you encounter them and what was it about what they had that called you to make the investment. I’m trying to understand how you evaluate investments.
Doug Atkin: Let me give you a couple of examples – one late stage and one very early stage. Because we’ve been in the business for so long, we’re inundated with deal flows.
>>>Sramana Mitra: B2B need less money, I think.
Doug Atkin: It all depends. If you’re building a business like an analytics package which you’re selling to the big banks, you need a decent amount of money to build something of industrial quality. A lot of these things take a bit more money.
Sramana Mitra: The comment I would make is that customer acquisition in B2C is hard to do in a lean way, which is what has drawn so much capital to the B2C side of the business.
>>>Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Doug Atkin was recorded in July 2019.
Doug Atkin, Managing Partner at Communitas Capital Partners, has extensive experience in FinTech and this conversation explores the nuances of that sector.
>>>Alok Nandan, General Partner at Emergent Ventures (USA), discusses explainable AI in the context of his fund’s investment focus.
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In case you missed it, you can listen to the recording here:
During this week’s roundtable, we had as our guest Alok Nandan of Emergent Ventures. We had an interesting conversation about explainable AI in the context of his fund’s investment focus.
Wishbook
Also, Arvind Saraf from Surat, India, pitched Wishbook, a marketplace for the fashion vertical in India. The sector is largely unorganized with hundreds of thousands of retailers, wholesellers, distributors and little penetration of modern technology. Arvind has validated parts of his hypothesis and his business is already generating revenue.
You can listen to the recording of this roundtable here: