Startups in IndiaTiE Angels NYC

FEBRUARY 20TH, 2014

Who Am I12+ years on Wall Street (technology & operations in hedge funds)

Got bored. Quit. Moved to India in 2007.

Started a company. Failed.

Co-founder of HeadStart and founder of Startup Weekend India building community

TLabs an accelerator run by Times of India

Couple of angel investments

500 Startups India & NYC

Seed fund and accelerator program (Mountain View, San Francisco, Mexico City)

Mentor Network / Community

200+ design, technology, marketing, and product experts provide 1:1 mentoring to portfolio companies

Over 650 companies, 1,400 founders in 40+ countries around the world, provide peer review and feedback on products, industry verticals, platforms, etc.

Conferences & Events

Dedicated conference team has completed 50+ events w/ 300-1,000 attendees per event; total reach of over 25,000+ people

Geeks on a Plane

Invite-only tour for startups, investors, and founders

Learn about global trends, meet international companies, and gain insight/access to foreign markets

500 Startups

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India$1.8 Trillion Dollar Economy; 5% GDP growth 1

10th largest economy in the world 2

~150 Million Indians with Internet Access, up from 5 million in 2000 3

> 900 million mobile phones 4

~67 million smartphones in India and growing rapidly 5

1 HTTPS://WWW.CIA.GOV/LIBRARY/PUBLICATIONS/THE-WORLD-FACTBOOK/GEOS/IN.HTML 2 HTTP://EN.WIKIPEDIA.ORG/WIKI/INDIA#ECONOMY 3 HTTP://EN.WIKIPEDIA.ORG/WIKI/LIST_OF_COUNTRIES_BY_NUMBER_OF_INTERNET_USERS 4 HTTP://EN.WIKIPEDIA.ORG/WIKI/COMMUNICATIONS_IN_INDIA 5 MARY MEEKER’S ‘2013 INTERNET TRENDS REPORT’

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Startup Landscape

40 Accelerators

300 Angels

6-8 early stage funds

10-15 later stage funds

~3,000 Internet & Mobile startups

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~Billion Dollar Companies

2010

2007

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2004

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RISE OF INDIAN STARTUPS

IPO

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500 Startups Investments in India

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What do we look forSimple, quick, effective screening process. We look for:

Small, Effective Teams (Hacker, Hustler, Designer)

Product solves a problem for specific target customer

Capital-efficient businesses – operational @ <$100k funding

Primarily Internet and mobile based distribution

Simple revenue models – transactions, subscriptions, or affiliate

Small but measurable usage - some customers, early revenue

Functional prototype *before* investing (or previous product success)

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Consumer E-Commerce

Cloud Services & SMB Productivity

Apps for Mobile & Tablet

Payments & Financial Services

Family Tech & Education

Food Tech & Digital Health

India Focus

Interesting Areas of Focus

NOTE: COMPANIES ARE REPRESENTATIVE OF INVESTMENTS ACROSS ALL 500 STARTUPS FUNDS (INCLUDING FUND I, FUND II), AND ARE NOT NECESSARILY HELD IN STARTUPWALLAH.

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Where to Start?

1. AngelList (Sorry SeedInvest)

2. Get on a plane!

3. Co-invest on deals

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Thanks!PANKAJ JAIN PANKAJ AT 500 DOT CO @PJAIN

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