Many companies are exploring the business opportunity that synthetic diamonds offer. It sure seems like an easy business to enter, but will everyone manage to scale it?
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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.
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.
Indians are buying lots of gold, just not jewellery. This is hurting margins of retailers, who are in turn resorting to all sorts of tricks to grow.