Feeling the chill in Goa
Just back from an exhausting and intense 10-day visit to India, part of which was taken up by the Capvent VC/PE Conference in Goa.
I shared a panel on “New Media” with Rajesh Sawhney of Reliance Entertainment and Harel Beit-On of Viola Private Equity…and talked briefly about Enqii and an Indian start-up that I am very enthused about (it takes Out-of-Home advertising to a new level – leveraging the ubiquitous cycle rickshaws that you see across large parts of India – more on them later)
Interesting conversations on the sidelines and during the panels…but the “chill” in Private Equity was unmistakable – even as Goa seared at 33 degrees…
India seems to be holding up better though…and the sentiment is mildly optimistic…not least because of a rebounding stock market that has jumped 40% in the last three months - as it recovers from its multi-year lows.
I also concluded my latest personal investment – in an Indian start-up which I believe is very attractively positioned in the education sector in India. It is called Elements Akademia…Check them out.
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Somewhat related posts:
Elements Akademia made it to Sramana Mitra’s Deal Radar
Comment by Shantanu Bhagwat | September 1, 2009