The Growing VC Ecosystem in India

The burgeoning class of Indian entrepreneurs is making a beeline for VC funding to kick-start their ventures. It becomes an imperative to foray into the mindset of the venture capitalist to know what clicks with him. At a conference on private equity for IT/ITeS & Technology held by IVCJ in May, at the Hotel Leela Kempinski, Mumbai, some of the prominent figures of the VC community such as Srini Vudayagiri, MD, Lightspeed Venture Partner; Manik Arora, founder and MD, IDG Ventures India; Sandeep Singhal, Nexus India Capital Advisors Pvt Ltd; and Tejus Sawijani, partner, Singularity Ventures delved into what goes into procuring early stage financing.

The ramping up of the Indian economy has caught the attention of venture capital firms like Nexus, Lightspeed and other such US investors. Perceiving much greener pastures in India as compared to the US, the US investors are willing to pump in US$1 billion in approximately 140 companies in India.