Does India Need Its Own ‘Impact’ Investors?
Wednesday, March 5, 2014
The sun has appeared in Delhi. The “fog,” that clogs Delhi mornings in the winter, or as locals joke, less fog, more smog, has gone for a hiatus today. Perhaps in celebration of the “do-gooders” who are gathering to discuss the challenges of investing in India.
About 100 venture capitalists, entrepreneurs and want-to-be entrepreneurs have gathered on the lawns at Adianta School of Innovation in Chhatarpur, South Delhi. The dress code is Silicon Valley meets Nehru: jeans with smartly fitted, collared vests reminiscent of India’s first “architect.”
The venture capitalists here are India’s new architects. Investments, not votes, is their tool to better healthcare, ease transportation, and produce alternative energy models for the country.