Startups in India presented at TiE Angels NYC

1. Startups in India
TiE Angels NYC
FEBRUARY 20TH, 2014

2. Who Am I
12+ years on Wall Street (technology & operations in hedge funds)
Got bored. Quit. Moved to India in 2007.
Started a company. Failed.
Co-founder of HeadStart and founder of Startup Weekend India
building community
TLabs an accelerator run by Times of India
Couple of angel investments
500 Startups India & NYC

3. 500 Startups
Seed fund and accelerator program (Mountain View, San Francisco, Mexico
City)
Mentor Network / Community
200+ design, technology, marketing, and product experts provide 1:1
mentoring to portfolio companies
Over 650 companies, 1,400 founders in 40+ countries around the world,
provide peer review and feedback on products, industry verticals, platforms,
etc.
Conferences & Events
Dedicated conference team has completed 50+ events w/ 300-1,000
attendees per event; total reach of over 25,000+ people
Geeks on a Plane
Invite-only tour for startups, investors, and founders
Learn about global trends, meet international companies, and gain insight/
access to foreign markets
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4. India
$1.8 Trillion Dollar Economy; 5% GDP growth 1
10th largest economy in the world 2
~150 Million Indians with Internet Access, up from
5 million in 2000 3
> 900 million mobile phones 4
~67 million smartphones in India and growing
rapidly 5
1 HTTPS://WWW.CIA.GOV/LIBRARY/PUBLICATIONS/THE-WORLD-FACTBOOK/GEOS/IN.HTML
2 HTTP://EN.WIKIPEDIA.ORG/WIKI/INDIA#ECONOMY
3 HTTP://EN.WIKIPEDIA.ORG/WIKI/LIST_OF_COUNTRIES_BY_NUMBER_OF_INTERNET_USERS
4 HTTP://EN.WIKIPEDIA.ORG/WIKI/COMMUNICATIONS_IN_INDIA
5 MARY MEEKER’S ‘2013 INTERNET TRENDS REPORT’
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5. Startup Landscape
40 Accelerators
300 Angels
6-8 early stage funds
10-15 later stage funds
~3,000 Internet & Mobile startups
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6. ~Billion Dollar Companies
2007
2007
2010
2004
1996
1999
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7. RISE OF INDIAN
STARTUPS
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TIE ANGELS NYC

8. 500 Startups
Investments in India
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9. What do we look for
Simple, quick, effective screening process. We look for:
Small, Effective Teams (Hacker, Hustler, Designer)
Product solves a problem for specific target customer
Capital-efficient businesses – operational @ <$100k funding
Primarily Internet and mobile based distribution
Simple revenue models – transactions, subscriptions, or affiliate
Small but measurable usage - some customers, early revenue
Functional prototype *before* investing (or previous product
success)
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10. Interesting Areas of Focus
Consumer E-Commerce
Cloud Services & SMB Productivity
Apps for Mobile & Tablet
Payments & Financial Services
Family Tech & Education
Food Tech & Digital Health
India Focus
NOTE: COMPANIES ARE REPRESENTATIVE OF INVESTMENTS ACROSS ALL 500 STARTUPS FUNDS (INCLUDING FUND I, FUND II), AND ARE NOT NECESSARILY HELD IN STARTUPWALLAH.
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11. Where to Start?
1. AngelList (Sorry SeedInvest)
2. Get on a plane!
3. Co-invest on deals
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12. Thanks!
PANKAJ JAIN
PANKAJ AT 500 DOT CO
@PJAIN
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