Investors must be comfortable with lack of control over the money they invest: Alok Goyal of Stellaris Venture Partners
25 March 2019 2:00 AM IST
A teacher, engineer, coder, consultant, operator, and now a VC, Alok Goyal, Managing Partner of Stellaris Venture Partners, believes the India story is yet to unravel, and as investors, their job is to bet on the future.
- Naganand Doraswamy on his journey from techie to entrepreneur and now investorCreating a fund for a segment that needs it Established in 2016, early stage fund
- Stellaris Venture Partners is the brainchild of Rahul Chowdhri, Ritesh Banglani, and Alok Goyal, who have over two decades of experience in the Indian startup ecosystem and venture capital universe.
- During our stint in the Indian startup ecosystem, and while working in the venture capital world, we realised that the number of proper size venture funds hadn’t grown in over a decade.
- The primary reason for this gap was that raising capital for funds isn’t easy, especially foreign capital, which is what you need if you are raising a Series A-centric fund.
- Speaking about SMB digital enablement, Alok says: “We believe whether it is procurement, serving customers, accounting, payments, or anything across the value chain, technology is seeping into these SMBs.
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