Sramana Mitra: My observation is that the higher end of the market is extremely active. I wouldn’t say crowded, but there’s a lot of competition. There is concept arbitrage. There have been successful companies built by copying models from elsewhere and then innovating on top of that. That’s happening in the global tech space.
Then there’s the higher-end B2C space where there is this large population of internet users who are quite affluent. The market that you’re talking about, is it as crowded? Is it as active?
>>>Sramana Mitra: You are investing post-revenue. What benchmarks are you using to gauge whether you can build a venture-scale company?
Eva Yazhari: Because we’re a multi-sector fund, a lot of our metrics relate to specific sectors. Often, we’re looking at the growth of average order value. If it’s more of a services company, we’re looking at the growth of their contracts, the relationships that they have, and the booked contracts that they have. A lot of it is centered around the ability of the company to take what it is doing now and take that to scale.
>>>During this week’s roundtable, we had as our guest Gans Subramanian, Managing Partner at Hourglass Venture Partners, and a former 1Mby1M Premium member who has now formed his own venture fund.
Homeroots
As for our entrepreneur pitch, we had Gil Bar-Lev from Fairfield, New Jersey, pitch Homeroots, a company already beyond $5M in annual revenue, looking to raise a Series A.
You can listen to the recording of this roundtable here:
Eva Yazhari, General Partner at Beyond Capital Ventures, discusses Impact Investing in Africa and India.
Sramana Mitra: Let’s start by introducing our audience to yourself and Beyond Capital Ventures. Tell us a bit about your background and what you’re trying to do with Beyond Capital.
>>>If you are building a startup in Latin America, this course may enhance your understanding of Latin American startup financing. You’ll get knowledge from real-world Latin American investors as if you had a chance to have a mentor advice session with them. To apply current discount coupons, click on the courses found HERE.
>>>In case you missed it, you can listen to the recording here:
During this week’s roundtable, we had as our guest Naganand Doraswamy, Managing Partner and Founder at Ideaspring Capital. Naganand added to our thesis on great investment opportunities within the sub $100 million exit space.
Tonic Audio
As for our entrepreneur pitch, we had Eithan Clift from Reno, Nevada, pitching Tonic Audio, a platform for musicians to create songs.
You can listen to the recording of this roundtable here:
Sramana Mitra: You said many times that the ecosystem is still immature. Can you underscore the points where you see the Indian ecosystem needing maturity?
Dr. Aniruddha Malpani: Sometimes, it’s the unrealistic expectation on the part of entrepreneurs partly because they don’t understand the grind that startups need to go through. A lot of the diet they’re fed on is the Silicon Valley success stories or the Indian success stories. They don’t understand the emotional angst they need to go through.
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