India Startup Valuations

Funding will continue. Bigger challenge is for entrepreneurs to manage VC expectations: Kalaari Capital MD Vani Kola


“Entrepreneurs need to evaluate whether they really need the funding. It might not the right step for everyone. VCs will expect returns in high multiples and that’s where sometimes friction happens. But entrepreneurs need to know that when they raise money it comes with expectations,” Kola said.

Vani Kola, managing director at Kalaari Capital. The firm’s e-commerce bets balance out misses like Ola or TaxiForSure. Photo: Jagadeesh N.V./Mint
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An employee of a money changer holds a stack of U.S.  Dollar notes before giving it to a customer in Jakarta. Photo: REUTERS/Beawiharta