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Omidyaar VC exiting India

This is the first big exit of a big VC from India

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Itachi777

Stealth

9 months ago

"Achieved what they set to achieve". They are talking as if the startup industry in India no longer needs any funding. " Wanted to play a catalytic role" omidyar is not even as famous as matrix or elevation capital. They are speaking as if they are like goldman sachs etc. most likely they have been out competed by other VC with more Domestic expertise and now omidyar feels they need to go find some new blue ocean.
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TepidRocket

Google

9 months ago

Bad portfolio. Bounce, ZestMoney, Doubtnut
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HandyBull26

DealShare

9 months ago

Hahaha
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MightyLazyGeekStar

Stealth

9 months ago

When things don’t workout
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Demon

Stealth

9 months ago

Such a bad portfolio. I wonder how can you make so mamy wrong bets without making any good bet.
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Itachi777

Stealth

9 months ago

Fomo investing by VCs. They rarely look at core fundamentals and believe a lot of unrealistic assumptions. Which is wierd considering how high the hiring bar is for VC roles. Imagine going thru top colleges and MBB/ib and then retiring your thinking skills and taking shots at random
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Senior VC Partners exiting, what is behind this?

Venture Highway, Orios, Rebright

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by NewsAnchor

Grapevine

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- Raj Dugar, managing partner for Asia at Eight Roads Ventures, has resigned after a 17-year tenure, sources told Moneycontrol. - Dugar is considering starting his own secondaries fund and has relocated back to Mumbai. - In the interim, his responsibilities are being shared by Shweta Bhatia and Prem Pavoor. - Eight Roads Ventures, backed by Fidelity, has invested over $1.6 billion in more than 70 Indian companies. - The firm plans to promote an internal partner to replace Dugar, ensuring a smooth transition. Source: Moneycontrol

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Indian Startups on

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Indian Startups on

by CrazyBarra

Apple

Which VC in India

Do you find high quality, with strong operator experience? I'm a bits21 grad looking to start up and wanted to get a lay of the land. Either funds or VC partner names!

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Layoffs on

by StartupBaba

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Sequoia VC Layoffs

After Unicorns now it's VCs 😁 Any idea whether this happened in India as well for their new entity ? https://www.forbes.com/sites/kenrickcai/2023/07/24/sequoia-talent-team-layoffs-firm-restructuring/?sh=5d3a78d925f4