The Indian Angel Network and Firestartr are pleased to announce an intimate fireside chat with Mr. Saurabh Srivastava, cofounder & Chairman of the Indian Angel Network (IAN), and co-founder & past Chairman of NASSCOM & IVCA (Indian Venture Capital Association). Registration is now open.
We welcome you to an intimate chat with one of the architects of the Indian IT Industry, and a major force behind the current vibrant entrepreneurial ecosystem in India. Whether you are an entrepreneur looking to understand how to expand your company crossborder, or an investor looking to understand the opportunities in the Indian market – you won’t want to miss this!
Some facts on the Indian opportunity:
- India has one of the fastest growing middle classes in the world.
- The Indian digital commerce market is expected to reach $128 billion in 2017 from the current level of $42 billion.
- According to Gartner, India's software market is expected to grow 12.8 per cent to reach $5.3 billion in 2016.
- With an increase of momentum in M&A in India, investors are getting more exit opportunities.
- There were 3,100 startups in 2014. This is projected to grow to more than 11,500 by 2020.
- One third of incremental Internet users in the next 5 years will come from India.
How do you, as an investor, approach the fastest growing startup ecosystem in the world?
As an entrepreneur, what do you need to put in place now, to get your company prepared to access this burgeoning market?
Please take the opportunity to write your questions to Saurabh when you register.
15:00 Registration & Networking
15:30 Fireside Chat
16:00 Coffee & Networking
Saurabh Srivastava Bio
Saurabh Srivastava is one of India’s leading entrepreneurs and institution builders. He is widely acknowledged in India and globally, as one of the architects of the Indian IT Industry, and as leading force in the creation of a vibrant entrepreneurial ecosystem in India. In March this year PM Modi presented him an Award for contribution to the Indian IT Industry.
He is a cofounder and past Chairman of NASSCOM, NASSCOM Foundation and the Indian Venture Capital Association, Chairman Emeritus of TIE Delhi-NCR and on theNational Executive Committees FICCI.
He founded several successful IT companies, of which one was ranked amongst the top 20 Indian software companies and, post merger, listed as Xansa on the London stock exchange with revenues of approx US $ 800 mill till it was acquired by Steria. He has since founded/invested in over 50 start up ventures and serves in a non exec capacity on boards of both private and publicly listed companies in the UK, Singapore and India such as YES Bank, Naukri.com, Xchanging plc.
Saurabh co-founded India's first & extremely successful Venture Capital fund in the private sector, Infinity (creating companies such as India Bulls and Avendus) and also founded the Indian Angel Network (IAN), India's first & possibly the world’s largest angel group with over 360 members, comprising the who's who of successful Indian entrepreneurs and CEOs, with operations in 7 cities (including London) and a portfolio of 100 companies. The London Chapter was launched by PM David Cameron with Saurabh at 10 Downing Street , with Ministers such as Oliver Letwin, Iain Livingstone, Vice Cable and Chancellor of the Exchequer also present
Saurabh has a Masters from Harvard University and a B Tech from the Indian Institute of Technology (IIT) Kanpur.
Firestartr helps the most promising digital entrepreneurs take their companies from seed stage to Series A and beyond. Beyond providing capital, Firestartr draws on its team and advisors' entrepreneurial successes and senior operational experience with leading technology companies to support sustainable growth in the portfolio.
About Indian Angel Network (IAN):
Launched in April 2006, the Indian Angel Network, India's first, and possibly the world's largest, is a global angel network, with investments and members in over 10 countries, and operations in 7 cities, including London. IAN angel members are successful entrpreneurs and leaders in the ecosystem, having founded tremendously successful companies, including Infosys, Makemytrip.com, Naukri.com and many more. The Network members, because of their backgrounds, are better able to assess the potential and risks at the early stage. In addition to money, IAN provides access to high quality mentoring, vast networks and inputs on strategy as well as execution.