Businessworld has a cover story on the Indian venture capital industry, the risks it faces, and key players. Read on…
Alok Mittal
Alok is a first generation entrepreneur, currently CEO and Co-founder of Indifi, a platform for small business lending.
Alok is a board member at TiE Delhi, and a founding member of Indian Angel Network.
Prior to Indifi, Alok ran India venture operations for Canaan Partners in India, with focus on internet, technology and BPO space. Earlier, Alok cofounded JobsAhead.com, a leading job portal which was acquired by Monster.com. Alok is a computer science graduate from IIT Delhi and, postgraduate from UC, Berkeley.
The views expressed on this site are personal views of Alok, and do not constitute an offical opinion of any company or organization.
Alok is a board member at TiE Delhi, and a founding member of Indian Angel Network.
Prior to Indifi, Alok ran India venture operations for Canaan Partners in India, with focus on internet, technology and BPO space. Earlier, Alok cofounded JobsAhead.com, a leading job portal which was acquired by Monster.com. Alok is a computer science graduate from IIT Delhi and, postgraduate from UC, Berkeley.
The views expressed on this site are personal views of Alok, and do not constitute an offical opinion of any company or organization.
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Nice article and kudos to the VCs. It’s been a bit of a long haul for the ’06 and ’07 vintage funds thanks to the ’08 crisis, some fundamental issues in India like digital penetration and a general disbelef amongst LP’s that VC in India can deliver China type returns. While there’s certainly a bubble at the moment, there’s no question that several of the companies mentioned are going to be dominant in their space and will lead to good wealth creation opportunities for all concerned. Hopefully this will be the start of a virtuous cycle in the entrepreneurial ecosystem.