In case you missed it, you can listen to the recording here:
During this week’s roundtable, we had Doug Atkin, Managing Partner at Communitas Capital Partners, as our guest. Doug has extensive experience in FinTech and this conversation explored the nuances of that sector.
You can listen to the recording of this roundtable here:
Sramana Mitra: How relevant do you think is Silicon Valley to the B2C side of the Mexican venture ecosystem? Not just Mexican – Latin America. If you’re doing B2C, how relevant is Silicon Valley for you?
Hernan Fernandez: I think it’s growing in terms of relevance. I really wished Silicon Valley took a little bit more time to understand Latin America. I have seen many entrepreneurs with heartbreaking emails, “We always go with the big market.”
>>>Sramana Mitra: How much of your portfolio has this follow-on funding?
Jose Deustua: All of them have raised funds.
Sramana Mitra: All of them have received funding from what source? What is the primary source?
>>>In case you missed it, you can listen to the recording here:
Sramana Mitra: A lot of these B2C trends are big in India as well. We cover India extensively. The Indian B2C market is more advanced than Latin America. A lot of these trends are very active trends in India as well.
The commonality across all this is that the consumer logistics part is very broken in most of the emerging markets. There’s a lot of logistics-oriented stuff that needs to get built. Venture is a perfect way to build that. A lot of FinTech doesn’t exist. The financial services sector is very immature.
>>>During this week’s roundtable, we had Rahul Chandra, Managing Director at Unitary Helion Ventures, as our guest. Rahul provided an excellent overview of the opportunity around India’s next 400 million consumers.
The pitches today were all from women entrepreneurs.
Empower
First up, we had Soya Somanathan from Chennai, India, pitch Empower, a digital service for helping non-STEM kids find their career paths through content and mentoring.
Jose Deustua: We also have a platform called Anvi. They teach English. Currently, we know that most people in Latin America are not good in speaking English. They need to speak English to progress in their work. Even though there are a lot of solutions about how to learn English, this platform is new in the sense that it incorporates both the coaching, coach, and the student.
They also focus on specific segments that are not well-addressed by these huge brands of English courses. There’s another option that’s made for cooking lessons.
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