Funding Philosophy
Fund companies that have (most of) the following:
Founders with some track record (e.g., 6-12 months of operations) and business validation for products/services through some customer traction
Sweet spot would be differentiated services (e.g., some Technology or Knowledge that makes service delivery more efficient/less replicable), since they can get higher multipliers, require relatively less capital and we have the right backgrounds to build such companies out
No specific “sector” bias, as market seems too small for deal flows. However, definite focus on wireless/telecomm and consumer-centric web applications
Judgment that fund managers would be able to develop good working relationship with the Founders
Domains where the Fund Managers can add value, outside of funding
Some preference to having India based sales model (at least for sustenance revenues/cash flows) |