Moneycontrol
Masterclass Ideas For A New India

Is the Indian startup party coming to an end? Decoding the funding winter

11 March, Friday 06:00 pm

Meet Our Speakers

Madhukar Sinha

Madhukar Sinha

General Partner, India Quotient

Madhukar loves networking and has made very strong inroads in entrepreneur circles. He spent 4 years at Aavishkaar Microfinance and Impact Fund as an investment manager, he was a part of India’s microfinance revolution. An agriculture engineer by training, he has a postgraduate degree from IIM-Lucknow and is the go-to man for all things legal and regulatory at India Quotient. The companies he is closely associated with at IQ are Sharechat, Sugar Cosmetics, Lokal, Bharatagri, and Frnd among others.

Jitendra Gupta

Jitendra Gupta

Founder & CEO, Jupiter

Jitendra Gupta is the Founder and CEO of Jupiter. He is Ex-MD of PayU. Gupta was the founder and CEO of Citrus Pay, a leading digital payments company in India. Post-acquisition of Citrus Pay by Naspers, he led the consumer businesses of the combined entity, before leaving to startup again. He graduated from Sydenham College, Mumbai, and is a qualified Chartered Accountant.

Tarana Lalwani

Tarana Lalwani

Founding Partner, Innoven Capital

Tarana Lalwani is one of the founding partners at InnoVen Capital, where she heads sourcing and execution of venture debt transactions. She plays an active role within the portfolio companies which encompasses facilitating business development, and planning and guidance on further fundraises. Prior to InnoVen, she was a Principal at Seedfund, where Tarana sourced, evaluated and mentored early-stage companies. She also worked closely with the portfolio companies to get them to the next level of growth.

Given her strong ties with angel groups like Mumbai Angles, where she was an active member and the venture investor community, Tarana continues to be involved in the early stage space mentoring and guiding founders on fund raising, strategy and business development and dabbles a bit in some angel investing.

Tarana started her career in New York with Morgan Stanley, following which she joined Radian, a financial services firm, in their structured finance group. Tarana holds an undergraduate degree from LaSalle University, and an MBA from Columbia Business School, USA.

Sandeep Jethwani

Sandeep Jethwani

Co-founder, Dezerv

Sandeep is the co-founder of Dezerv, which is an invite-only wealthtech platform aiming to give successful professionals access to high quality investing expertise and exclusive investment opportunities. An Alumnus of IIM Bangalore, previously, Sandeep founded and led the IIFL-ONE platform at IIFL Wealth, India's leading wealth management firm with over USD 22 bn in assets. He was also responsible for redefining the firm's proposition to ensure relevance to client expectations, industry evolution, and regulatory changes. Sandeep is passionate about the use of technology in wealth management, supporting entrepreneurship, and working with the next generation of family businesses.

What To Expect

Welcome to Moneycontrol Masterclass.

5- minute pitches, 2-day deals, and tons of money: 2021 was witness to a deal-making frenzy on the back of a rise in internet users during the pandemic, startups growing faster than ever, and VC firms with billions to spend. The year witnessed a record-breaking 44 unicorns emerging from India, apart from IPOs of new age internet companies such as Zomato, Nykaa, Policybazaar, and Paytm.

But the euphoria of 2021 stands in stark contrast with the caution in the current environment. Deals are taking longer to close, VCs are asking many questions before committing money and larger rounds seem far and few in between. The bizarre valuation bubble has been pricked by a combination of factors: the Fed's move to taper, a broader selloff in new-age tech stocks, and weak market sentiment, which is manifesting itself on the private markets.

Is it an early winter for startup funding in India? Will there be a rebound? Will tech IPOs take off in the current environment? Are investors calling the shots again?

Watch an expert panel decode all this and more on March 11, Friday, 6 pm on Moneycontrol Masterclass.

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