2015-05-15
Tech Startups, Unicorns, Angel Investing, Venture Capital in India (video)
Bloomberg TV India: Wealth Manager interview on the risks and rewards of angel investing in India - In the first quarter of 2015 alone, Indian start ups raised 1.7 billion dollars. The start-up landscape in the country has dramatically changed, and as a result, interest in investing in startups and becoming an angel investor has seen a manifold increase. Interviewed: Amit Banka, Founder, Equity Crest, and Shanti Mohan, Founder and CEO, LetsVenture.
Source: Bloomberg TV India: domain name: btvin.com
Referenced above:
LetsVenture | India's most trusted platform for Startups: domain name: letsventure.com
Fund Startups | Angel/VC Investing | Equity Crest: domain name: equitycrest.com
See also: Tech Start-Ups in India Attract Big Names, and Money - NYTimes.com: "... It took Mr. Chulet three years to get Quikr* its first backer. But now Tiger Global Management, Warburg Pincus and eBay are among its investors. Quikr soared to a $1 billion valuation (vaulting it to the ranks of so-called unicorns) after a funding round in mid-April involving its existing investors as well as Steadview Capital of Hong Kong... Masayoshi Son, the chief executive of SoftBank; Jack Ma, the executive chairman of Alibaba; and Mr. Murdoch, the media tycoon, have all made investments in India’s e-commerce companies. They are going head-to-head with other experienced tech investors like Sequoia Capital and Accel Partners... Only 300 million Indians, or less than 25 percent of the country, are Internet users, and while that is already the second-largest Internet market in the world, after China, five million users are added each month, according to Rajan Anandan, Google India’s managing director. The number of Internet users in India is expected to reach 500 million in three years, he said... India resembles China of seven to 10 years ago in its broadband Internet growth, creation of digital-native marketplaces and rapid user adoption... “So investors who won in China are playing in India. Those who missed in China, too, are playing in India. This is the land of opportunity,” Mr. Gururaj said."
*domain name: quikr.com
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