Hi All, I have heard speakers, panelists and entrepreneurs saying lack of angel financing as a major gap in the Indian entrepreneurial ecosystem. At Canaan, we have always tried best to participate in the start up ecosystem. This year, we are contemplating to initiate a dialogue with angel investors in a more systematic manner. In […]
I think periodic recession is good for health!
If these economic jolts of last few weeks are called recession; I am pretty amused by it. – Pleasantly amused by my all brokers (companies like ICICI Direct, Kotak) sending me mailers explaining different plans and simple logic behind them. None of them cared a quarter back. Last year it was a “take it or […]
Canaan led $6MN investment round in UnitedLex
I am happy to share that we have led an investment round of $6MN in UnitedLex with Helion. UnitedLex is a legal consulting and outsourcing firm. Sahad has covered some numbers on broad KPO market in his posts. Since last 12-18 months, we came across many companies in the broad KPO market – Legal Outsourcing, […]
P2P Lending – further thoughts
Couple of days back; I posted about P2P lending and its India Feasibility – got mixed reponse from readers. I thought to bounce some more facts/findings from Deutsche Bank Research Report. Interesting to note: 1.) Less default rate for borrowers who are member of some group (remember SHG of Indian MFI industry) 2.) At present; […]