Moneycontrol
Masterclass Ideas For A New India

Startup Funding Boom

16 April, Friday 05:45 pm

Meet Our Speakers

Rajan Anandan

Rajan Anandan

MD, Sequoia India & Surge

Rajan heads India's biggest VC fund, Sequoia, where he is focusing on developing Surge into the world's top scale-up program for startups. He acts as investment advisor and mentor to founders. Rajan has a deep understanding of technology, and a track record of growing tech businesses. Prior to Sequoia, he was Head of Google India and Southeast Asia, and had also led Microsoft and Dell in India and was earlier a Partner at McKinsey & Company in Chicago. He is a prolific angel investor who has backed a large number of successful startups.

Radhika Gupta

Radhika Gupta

MD & CEO, Edelweiss AMC

Radhika started her career with McKinsey & Company, and then progressed to become a hedge fund manager with AQR Capital. An asset management professional with experience across classes and investor segments, she moved to India in 2014 to start her own venture, Forefront Capital Management, which was acquired by Edelweiss in 2014. In 2016, she successfully led Edelweiss’s acquisition of JP Morgan’s Mutual Fund business and Ambit Capital’s AIF business. She is an alumnus of the University of Pennsylvania, and a Board Member of the Association of Mutual Funds in India (AMFI).

Nithin Kamath

Nithin Kamath

Founder & CEO, Zerodha

Nithin bootstrapped Zerodha in 2010, growing it to become the largest retail brokerage in India today. With 4 million customers and contributing to 15% of the exchange retail trading volumes, Zerodha has changed the landscape of the Indian broking industry. Zerodha's tech-first focus has helped make trading & investing in the capital market more appealing to the wider society. Nithin is also the founder of Rainmatter, an R&D fintech incubator and fund that has partnered with some of the best investment-tech startups in India. Nithin has also set up the Rainmatter Climate Foundation, a fund for startups and organisations working on solutions to mitigate climate change.

Vidit Aatrey

Vidit Aatrey

Founder & CEO, Meesho

Vidit co-founded, Meesho, a social commerce platform along with Sanjeev Barnwal in 2015. Its vision is to enable 100 million small businesses in India to succeed online. Meesho provides small businesses access to customers, pan-India logistics, payment services and customer support to efficiently run their businesses. Meesho recently raised $300 million in a round led by SoftBank Vision Fund at a valuation of $2.1 Billion, entering the unicorn club. Vidit is an alumnus of IIT Delhi.

What To Expect

Welcome to the fifth episode of Moneycontrol Masterclass. Startup funding in India has been on a tear in 2021. The first hundred days of the year have already produced ten unicorns - firms valued at over a billion dollars or more - compared to 11 in all of 2020. Of these, 4 were backed by Tiger Global, and 3 by Sequoia India. A combination of factors is driving the boom. Post-pandemic digitisation has led to a growth of online services, there is lots of capital available, Tiger Capital is roaring again, India is one of the largest consumer markets that are still open and upcoming Internet IPOs in India are raising hopes of an exit path. But is the boom here to stay? Are valuations justified? What should founders bear in mind during these heady times? Catch some of the most influential voices discuss all this and more in the fifth episode of Moneycontrol Masterclass.

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