Nitin Motwani,
Founder & CTO,
BookMyForex.com
“The demand to supply ratio in India is heavily skewed and that makes VCs choose a proven idea and invest in later stage companies instead of going deep into bright ideas when companies are struggling for funds at early stages. While it will take some time to truly determine the effectiveness of the implementation of this Rs. 10,000 crore fund, one thing is very clear: This government is serious about backing entrepreneurship in the country and helping them with finances in a timely manner. This fact coupled with the Government’s realization that this country need to seriously improve it’s image with respect to ease of doing business in India should be good news for entrepreneurs and early stage companies."
