‘A hit rate of close to 50%... we have gotten luckier than usual’
Alok Mittal, the former head of Canaan Partners in India, hates the word ‘vindication’, and prefers to put the fund’s success down to getting the basics right.
2 June, 2021•15 min
0
2 June, 2021•15 min
0

More in Internet
Internet
What about Lightspeed?
One of the few remaining foreign venture capital funds in India, Lightspeed has had a rather quiet year—especially when compared to some of its peers. The 2026 IPO pipeline may be the reset it needs.
You may also like
Internet
Is CarTrade biting off more than it can chew with CarDekho?
The potential deal, if completed, will create one large player and among the largest pre-owned vehicles businesses. Whether CarTrade can afford it is something investors need to watch out for.
Business
Bira shareholders plan an EGM to oust the founder
A management shakeup may be in the works at the beleaguered beer brand, as investors and lenders want to remove founder Ankur Jain and his family from the board.
Business
Infra.Market is a hamster wheel looking at a make-or-break IPO
The construction material supply firm’s scale and profitability may appear shiny, but hide a stark truth. Its use of equity to fund working capital is playing with fire when bigger fish are eyeing its business.








