Astarc Ventures: Founder's keepers | Forbes India
19 April 2019 12:01 AM GMT
Mumbai-based venture capital fund goes the extra mile to help startups take off or stay afloat
- In the December quarter last year, Home Capital, a startup that disburses interest-free loans to home buyers to fund a part of the down payment, was down with a bad cold.
- Despite the slowdown, Astarc invested the promised sum at the promised valuation, on time.
- " The Virgin deal gave us the ability to figure out how such investments work.
- We were a small firm from India that was only two and a half years old and you look at SpaceX, Tesla or Hyperloop One as something very futuristic in the US," says Rijul Jain, investor at the fund.
- Virgin Hyperloop One is one such example where we have a very small stake but those kind of networks really helped us build ideas around what to look for in companies," says Hari Krishnan, investment manager at Astarc Ventures.
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