Mohandas Pai and V Bala share their insights on the VC Ecosystem In India. "Indian capitalistic class is rent-seeking, wants certainties, and has not fully understood VC investments yet. So only 10% of the USD 7 to 8 Billion comes from India, and the rest is overseas", says Pai.

Mohandas Pai is a Co-Founder and a Partner at Aarin Capital. He is a Co-Founder & Advisor at Exfinity Venture Partners. He serves as an Advisor at OAKS Asset Management. He also serves as Chairman and Board Member at Manipal Education and Medical Group. Until June 2011, he served as a partner at The habit fund. He serves as Advisor at Ideaspring Capital. He was Elevate Innovation Partners a Member of the Board of Directors of Infosys and the Head of Administration, Education and Research, at the National Stock Exchange of India, FinacleSM, Human Resources and the Infosys Leadership Institute. He also served as Investment Committee Member at 3one4 Capital. Over the span of a decade, he has been actively working with the innovation ecosystems of India to help cultivate and grow startups and funds in the country. He holds an LLB from Bangalore University and a Bachelor of Commerce degree from St. Joseph's College of Commerce, Bangalore. 

Insights

VC Ecosystem In India