Microsoft Ventures, in association with iSPIRT Foundation, has announced the first set of initiatives under the Think Next Program for India. These initiatives are aimed at resolving the key issues responsible for the lack of meaningful exits in India’s software product industry, which is a major cause for concern among India’s product start-ups. Together with iSPIRT, Microsoft Ventures will conduct workshops to prepare Indian entrepreneurs for M&A, focussing on due diligence, valuation and presenting on their behalf to potential acquirers.
As part of their M&A connect program, iSPIRT will continue to build deep relationships with Corporate Development teams in large organizations to gain insights into their mandates and priorities, and work closely with VCs and entrepreneurs to help facilitate exits through acquisitions.
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Sharing his excitement at partnering with Microsoft Ventures, Sanat Rao, Partner, M&A, iSPIRT, said, "2014 has been a ‘blowout’ year for global technology M&A so far. However, it is a different story for India’s software product industry. While Indian product companies are investing in innovation, we need to help solve the discovery problem to ensure meaningful and successful exits. And that is what we will focus on, in association with Microsoft Ventures."
At the first Think Next event in May, Microsoft Ventures and iSPIRT had jointly conducted a panel discussion, titled "Trends in Corporate Development: The Emerging Landscape of M&A", which examined the overarching trends that will decide the future of Indian M&As in the software product industry.
