Ashneer Grover's VC Tips Boost Indian Startup

1 Aug 2023

Ashneer Grover shared 10 suggestions for VC investors to boost the Indian startup ecosystem.

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He emphasized the need for rapid evolution and a shift in focus from founders to venture capital investors.

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Nithin Kamath pointed out corporate governance issues in Indian startups and held the VC ecosystem partly responsible.

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Grover agreed with Kamath and listed key qualities for VC investors, including experience in market cycles and stress management.

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Other qualities mentioned were diligence in reviewing business performance, effective communication with founders, independence from excel sheets, and a proactive mindset.

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Grover urged VC investors to align actions with investment scale.

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The comments by Kamath and Grover were made amid BYJU's declining valuation and the resignation of its statutory auditor and board members.

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