The local entrepreneurial ecosystem is having the time of its life in the Gulf states. It’s a long overdue awakening of sorts.
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The fund seems convinced that technology-led businesses in India are overvalued and not good for making big exits. Instead, what is needed to return large sums of capital are investments in mature companies with a proven track record.
An Indian-origin billionaire is off to prison, the Capital Market Summit concludes and AI comes to schools.
Co-founder Walid Mansour and partner Ankit Sarwahi of Middle East Venture Partners talk about the big changes in the tech investing ecosystem, their fund’s trajectory and the million-dollar question of returns.