This document discusses startups in India and 500 Startups' investments in the region. It provides an overview of 500 Startups, their focus on small teams with functional prototypes and revenue, and interest areas like consumer e-commerce and financial services. Key statistics on India's economy and growing internet/mobile access are presented. The thriving Indian startup landscape of accelerators, angels, and funds is described along with billion dollar unicorns. 500 Startups' screening process and investments in India are covered, recommending connecting via AngelList or attending events to get involved.

1. Startups in India
TiE Angels NYC
FEBRUARY 20TH, 2014

2. Who Am I
12+ years on Wall Street (technology & operations in hedge funds)
Got bored. Quit. Moved to India in 2007.
Started a company. Failed.
Co-founder of HeadStart and founder of Startup Weekend India
building community
TLabs an accelerator run by Times of India
Couple of angel investments
500 Startups India & NYC

3. 500 Startups
Seed fund and accelerator program (Mountain View, San Francisco, Mexico
City)
Mentor Network / Community
200+ design, technology, marketing, and product experts provide 1:1
mentoring to portfolio companies
Over 650 companies, 1,400 founders in 40+ countries around the world,
provide peer review and feedback on products, industry verticals, platforms,
etc.
Conferences & Events
Dedicated conference team has completed 50+ events w/ 300-1,000
attendees per event; total reach of over 25,000+ people
Geeks on a Plane
Invite-only tour for startups, investors, and founders
Learn about global trends, meet international companies, and gain insight/
access to foreign markets
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4. India
$1.8 Trillion Dollar Economy; 5% GDP growth 1
10th largest economy in the world 2
~150 Million Indians with Internet Access, up from
5 million in 2000 3
> 900 million mobile phones 4
~67 million smartphones in India and growing
rapidly 5
1 HTTPS://WWW.CIA.GOV/LIBRARY/PUBLICATIONS/THE-WORLD-FACTBOOK/GEOS/IN.HTML
2 HTTP://EN.WIKIPEDIA.ORG/WIKI/INDIA#ECONOMY
3 HTTP://EN.WIKIPEDIA.ORG/WIKI/LIST_OF_COUNTRIES_BY_NUMBER_OF_INTERNET_USERS
4 HTTP://EN.WIKIPEDIA.ORG/WIKI/COMMUNICATIONS_IN_INDIA
5 MARY MEEKER’S ‘2013 INTERNET TRENDS REPORT’
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5. Startup Landscape
40 Accelerators
300 Angels
6-8 early stage funds
10-15 later stage funds
~3,000 Internet & Mobile startups
TIE ANGELS NYC

6. ~Billion Dollar Companies
2007
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2010
2004
1996
1999
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7. RISE OF INDIAN
STARTUPS
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TIE ANGELS NYC

8. 500 Startups
Investments in India
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9. What do we look for
Simple, quick, effective screening process. We look for:
Small, Effective Teams (Hacker, Hustler, Designer)
Product solves a problem for specific target customer
Capital-efficient businesses – operational @ <$100k funding
Primarily Internet and mobile based distribution
Simple revenue models – transactions, subscriptions, or affiliate
Small but measurable usage - some customers, early revenue
Functional prototype *before* investing (or previous product
success)
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10. Interesting Areas of Focus
Consumer E-Commerce
Cloud Services & SMB Productivity
Apps for Mobile & Tablet
Payments & Financial Services
Family Tech & Education
Food Tech & Digital Health
India Focus
NOTE: COMPANIES ARE REPRESENTATIVE OF INVESTMENTS ACROSS ALL 500 STARTUPS FUNDS (INCLUDING FUND I, FUND II), AND ARE NOT NECESSARILY HELD IN STARTUPWALLAH.
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11. Where to Start?
1. AngelList (Sorry SeedInvest)
2. Get on a plane!
3. Co-invest on deals
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12. Thanks!
PANKAJ JAIN
PANKAJ AT 500 DOT CO
@PJAIN
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