India is an exciting market for the next few decades: Rohit Bodas, Propel Venture Partners
18 Feb 2019 9:36 PM GMT
San Francisco-based Propel Venture Partners started its India venture story with fintech player Groww Ventures. Rohit Bodas, Head of Propel?s international fund, spoke to YourStory about why India is a key market and what startups seeking funding from Propel should keep in mind.
- In January 2019, Propel Venture Partners, an early-stage investment firm based out of San Francisco, made its first investment in India, led by Rohit Bodas.
- In a free-wheeling chat with YourStory , he spoke about why they found Groww to be the right fit, his take on the Indian startup ecosystem, and what he looks for in a startup.
- After analysing the market, we found an information gap among Indian consumers regarding benefits of financial market-related investment products, such as mutual funds.
- Overall, we view India as an extremely important market for the next several decades.
- These factors, in combination with capital, can take early stage companies to the next level.
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