Over the last twenty years, India has seen a tremendous amount of economic activity in the tech arena. The startup and venture capital ecosystems were a bit slow to pick-up, partly due to low Internet penetration until just a few years ago. That, however, didn’t prevent the creation of unicorns like Flipkart, Snapdeal and others. Since 2017, India has seen numerous new venture capital firms being launched with domestic and foreign capital. Japanese and Chinese investors have poured billions of dollars into Indian tech startups and venture capital firms over the last 5 years.
In the next Invest Stream Live, we’re going to chat with Ankita Vashistha, founder of the Saha Fund and Rahul Chandra, founder of Arkam Ventures. Both Ankita and Rahul have been very active in India and both of them have very unique fund strategies. We will discuss broad trends they are seeing in India right now, what drove them to formulate such unique theses for their respective funds and what they see in store for Indian startups and other VC firms over the next year.
Ankita founded India’s first venture capital fund to invest in women-led technology and innovation entrepreneurship. SAHA Fund was recognized by the Prime Minister of India's office as the first venture capital fund in the country to support women entrepreneurs and businesses.
Rahul is one of the earliest VCs to invest in tech startups in India when he invested in startups on behalf of Walden's India focussed VC fund in 1998. He co-founded India's first homegrown VC fund, Helion and is presently building a new VC firm, ArkamVC which is focussed on tech innovation for middle India.
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