Shunwei Capital is here to play the long game: CEO Tuck Lye Koh - ETtech
7 April 2019 7:03 PM GMT
VC firm chief says regulation needed to keep overall environment conducive for home-grown champions
- Shunwei Capital , the venture capital firm started by smartphone maker Xiaomi 's founder Lei Jun and Tuck Lye Koh, is cementing its India play after betting on 16 local startups over the past two years, some of whom have ended up fighting Chinese behemoths.
- "From the Indian perspective, there should be some sort of regulation so that the overall environment is conducive for homegrown champions because many of these startups are too small and vulnerable," Koh says.
- Investors in India need to have a long-term view, and while the outcomes may not be as non-linear as those in China, India is the last big emerging market that cannot be ignored because of its demographics, Koh said.
- " Having picked companies in sectors such as social network, social commerce and fintech, Shunwei is among a clutch of Chinese investors that have been aggressive in India.
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