VC firm Antler forays into India, plans to build 150 startups in 4 yrs

Photo: Mint

Global early-stage venture capital firm (VC) Antler on Monday said that it is launching in India and plans to build more than 150 startups in the next four years, enabling more entrepreneurs to leverage their platform, support and global reach.

The India operations will start in Bengaluru and be led by Rajiv Srivatsa, co-founder of Urban Ladder, who is joining as Partner.

Antler plans to invest in up to 40 companies within its first year of operations in India through an India-dedicated fund. Additionally, it will expand to other major cities in India in the next three to five years, the company said in a statement.

The inaugural India program will kick off in Bangalore in the second half of 2020. The Antler program runs over a six-month period in two phases. The first phase is about building the right team with co-founders who have complementary skills. After the first phase of ten weeks, Antler invests in the strongest teams, who go on to the second phase to build and scale the startup.

Antler will collaborate with VCs, angels and work closely with corporate partners and functional specialists as mentors, to power the Indian startup ecosystem, added Rajiv.

This article was first published on livemint.com.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.