Indian VCs
other on 1 show · 3 statements across 2 episodes
3 statements about Indian VCs, every show
Bhagia: Indian VC deal paperwork takes two to six months to close
“The paperwork also in India is insane. Us sold it many years back and like here, which we take anywhere from two to six months to just close the deal. And most VCs don't think of it as their job. They just hand it off to the legal thing. This guy will do it. A…”
Bhagia: Most Indian VCs ghost founders after pitch meetings
“Most we see in India still don't honestly close the loop with a founder. There's still a lot of ghosting and just like somebody comes and pours their life's dream out to you and you just don't reply after that.”
Indian VCs struggle with novel models due to reliance on pattern-matching
“A lot of people in India take time to understand a new model because they're not a lot of new models in India anyways. A lot of large companies have been inspired by the West. A lot of fundraising has happened because of pattern matching, et cetera.”