If all things are equal between two candidates that want me to be their mentor, what would be the difference, that would make all the difference? No, it’s not how equity you will give me or how much respect you have for me… The correct answer is – desperation. I am not referring to the […]Read More Desperation is the Name of the Game
I am the Vice-Chairman of Mumbai One Round Table 221 (M1RT221) which is part of Round Table India. One of the objectives for our table this year is to host an enjoyable philanthropic event that while contributing to a noble cause will provide an interactive and enjoyable Sunday afternoon with family and friends. Our first […]Read More A Sunday Treasure Hunt, for a Good Cause
No, this isn’t what you think it is! Or is it….Read More KISS for your Investors
Exactly a year ago, I wrote about a growing malaise in the angel investment ecosystem in the post You are NOT an angel investor. It is serendipity that I am writing about sub 5-lakh ($7500) investments from angel investors that are starting to cloud the cap table. Founders that are raising multiple small cheques from […]Read More Beware of This Type of Angel Investor!
This past Saturday, I was at a IIT-Kharagpur as a panelist in their 2018 version of the Global Entrepreneurship Summit. As an early stage investor on a panel that included 2 entrepreneurs and 1 corporate VC the different viewpoints we provided to the same questions was eye-opening. At a point in the discussion the moderator, […]Read More Investor Speak: A Single Founder vs A Founding Team
As Finance Minister enters the parliament to present his 5th budget… These are the changes that I wish to see! Personal Taxes Reduction in number of slabs IT exemption limit increased to Rs 3,60,000 Top tax slab reduced to 25% Exemption for equity investment increased to Rs. 2,00,000 Penalty on Income Tax evaders increased Announce […]Read More My Pre-Budget Wish List
It has been over 12 months since the we have received a payment from our energy consumer, Ajmer DISCOM – owned by BJP led Rajasthan government. The outstanding payments (now) add up to 20% of what we paid for the asset!Luckily my investors paid in full for the asset so there weren’t any loans to […]Read More A Holocaust of Renewable Energy Investors in India