Guest post by Sramana Mitra. Sramana is a serial entrepreneur and strategy consultant. If you are a startup and have your opinions/inputs on incubation funds, please share.
My first experience of technology entrepreneurship in India was in 1994 while I was still a grad student at MIT. The most vivid memory I have of that experience is that it took me 6 months to get a phone line. It was before wireless. It was, most certainly, before venture capital in India.
Things have obviously come a long way. Last summer, I did a body of research on the Indian entrepreneurship scene, as I watched huge amounts of capital finding its way to India. Through that work, I also came to the conclusion that there is way too much money, and not enough fundable deals, and that India needs more incubator funds.
A year has gone by. Not a whole lot has changed. So I chose to revisit the topic of Incubators in India in a series of posts, on which I would like to hear from entrepreneurs, investors, incubator managers, and whomever else in the ecosystem with meaningful input. Here are the posts:
- Incubator Funds in India: Idea Crucible?
- Incubator Funds in India: Product Marketing?
- Incubator Funds in India: Engineering Talent?
- Incubator Funds in India: Sales & Biz Dev?
- Incubator Funds in India: Distribution?
- Incubator Funds in India: Legal & Financial Structuring?
- Incubator Funds in India: Real Estate & Infrastructure?
- Incubator Funds in India: Adult Supervision?
- Incubator Funds in India: Fund Structure?
- Incubator Funds in India: Management Team?
I look forward to your comments.