This online publication contains a listing of companies
seeking PE/VC funding, including those that participated
at the APEX'16 Summit. The showcase can be downloaded
fromhttp://www.ventureintelligence.info/showcase.htm
EVENT
PROCEEDINGS
APEX'16
kicked off with
a
Data Filled presentation on "The State of Indian
Private Equity & Venture Capital" by Arun Natarajan,
Founder, Venture Intelligence. The "India Private
Equity Trend Report - 2016" referenced in the
presentation is available
for download here.
The Big
Picture: Is 2016 Going the 2008 Way?
The
Inaugural Panel featured dove into the Key Questions
relating to the Global Economy � including especially
China-related ones - which are roiling markets in the
early part of 2016. The stage for the session was set with
a presentation by Sridhar Venkiteswaran,
Executive Director,
Avalon Consulting.
�Mistakes I
Will Not Repeat� � K. Ganesh, Co-Founder, GrowthStory
India�s
Best Known Serial Entrepreneur K. Ganesh revealed
�killer mistakes� made in his previous ventures and
shared how he is ensuring they don�t get repeated in his
newer ventures.
Ganesh's
points included:
#1 - Don't Start without an Exit Plan (Starting at 2:00
Minutes in the video)
#2 - Passion is over-rated (7:05)
#3 - Have a Clear No. 1 & CEO of the Startup Team (9:55)
#4 - Being Too Inward focused can lead to Missing Out on
Big Trends & Opportunities (11:55)
#5 - Scaling without getting Unit Economics right can be
disastrous (15:45)
#6 - It�s difficult to change Customer Behaviour (19:30)
Even
though Private Equity investment figures in 2015
surpassed the previous high (of 2007), the expert panel
at the Venture Intelligence APEX'16 PE-VC Summit felt
the PE segment still faces a challenging environment and
that "selectivity" will be keyword for such investments
in the months ahead. "The days of playing the Valuation
Arbitrage game - of investing in a private company and
it taking public at a higher multiple and looking
intelligent in the process - are gone. The only scope
for such an arbitrage today is to spot a sector early
enough," commented Sunil Kolangara, Director, Ascent
Capital. "Passive investments are also a thing of the
past - PE investors, including those who hold minority
stakes, are much more hands on with their portfolio
companies these days," he added.
With executing exits continuing to be challenging and
any slow down in the public markets affecting valuations
in the PE market, fund managers are going to be very
selective in making investments in the months ahead,
Kolangara felt. Echoing the sentiment, Arvind Malhan,
Partner, New Silk Route, said that "Selectivity,
Specialization and Superior Returns" would be the key
areas of focus for PE investors. He highlighted how
various funds are choosing to specialize in segments
like distressed assets (especially with many banks
restructuring their non-performing assets), mezzanine
funding, buyouts, etc.
(L-R)
Pradyumna Nag, Director, Prequate; Arvind Malhan,
Partner, New Silk Route;
N.K.Dilip, Partner, Tatva Legal; Sunil Kolangara,
Director, Ascent Capital &
Srini Vudayagiri, Partner, Peepul Capital
�Presentation on NSE's Listing Solutions for SMEs�
Seema
Nayak, Head - SME, National Stock Exchange
The
talk by Ms. Seema Nayak, Head - SME, National Stock Exchange of India Ltd (NSE) described the
two platforms launched by India�s leading stock exchange
to target the listing requirements of Small & Medium Enterprises
(SMEs):
1. �NSE-EMERGE�
which will enable growing enterprises to approach
capital markets as a new and viable option for raising
capital in an efficient manner. Once listed, companies
can enjoy a higher profile and greater visibility, which
will in turn improve the credibility with various
stakeholders like customers, vendors, employees, etc.
Click Here for the presentation.
2. �EMERGE-ITP�
- a regulated market place platform that offers early
stage companies an option to list with or without an IPO
. The platform will attract diverse risk investors
including institutions, angel associations and venture
capital funds.
Click Here for the presentation.