May 19, 2013

The role of venture capital in growing Indian ecosystem

Alok Mittal, Canaan Partners

Indian business landscape has always been active with startup formation. While a couple of decades back, such startup activity was led by family business houses, many of the successes in the last ten years have come out of professionals and first-generation entrepreneurs. The same time period has seen an emergence of venture capital industry in India. The mutual reinforcement of these two developments is hard to miss – independent startup activity has created a space for venture capital, as … [Read more...]

“My belief says that we can absorb more startup funding in India”,- Alok Mittal, MD, Canaan India

Alok Mittal, MD Cannan Partners, India

With a broad range of hands-on experience founding, funding and supporting early-stage technology companies, Alok Mittal joined Canaan India in March 2006.  Prior to joining Canaan, Alok co-founded JobsAhead.com, which was acquired by Monster.com. Alok is also a co-founder of Indian Angel Network and sits on the board of TiE (The Indus Entrepreneurs).  Iamwire interacted with Alok on his views on the current investment scenario in India, their investments in Naaptol and a host of other topics. … [Read more...]