| Log in

Huge Appetite For Indian Consumer Internet Companies On Wall Street

21 March, 2016

Pramod Haque is one of the most revered private equity investors globally. Haque, a frequent in the Forbes Midas list, has invested in more than 60 companies, producing nearly $30 billion in exit sales value to date. In an exclusive interview with VCCircle, Haque, a former Delhi University engineering graduate who moved to the USA for a Ph.D. degree with a $4000 loan from his bureaucrat father and now the world’s top venture capitalist, talks about trends in the Indian venture investing scenario.

According to Haque, the Wall Street is very appreciative of Indian consumer Internet companies, owing to its strong demographic favourables — in terms of a growing domestic consumption story and a rapidly increasing disposable middle-class income. He also adds that the valuations, particularly for the consumer Internet companies, are extremely overbidden or overhyped and they will soon see a correction. He is particularly bullish on three sectors in India — IP-driven companies which can automate IT services, medical devices and consumer Internet, although it’s a little overheated. In a quick chat at the recently concluded VCCircle Bengaluru investment forum, Haque, with a childlike smile, added that valuations would follow a cyclical pattern and that the valuations, which had been overbidden, would soon see a correction. Full interview here …


Leave Your Comment
Huge Appetite For Indian Consumer Internet Companies On Wall Street

Huge Appetite For Indian Consumer Internet Companies On Wall Street

Shrija Agrawal 6 years ago
Pramod Haque is one of the most revered private equity investors globally., ...
"We Will Look Heavily At Growth Equity Opportunities In 2009": Haque

“We Will Look Heavily At Growth Equity Opportunities In 2009”: Haque

Madhav A Chanchani 9 years ago
Promod Haque is one of the top venture capitalists in the world. He was...
Norwest Venture Partners’ India play: An exit a year; tech portfolio to go global

Norwest Venture Partners’ India play: An exit a year; tech portfolio to go global

Shruti Ambavat 4 years ago
Promod Haque, who has been the face of Norwest Venture Partners (NVP) for years,...
No Comments

Huge Appetite For Indian Consumer Internet Companies On Wall Street

Powered by WordPress.com VIP