Blume Ventures: Sanjay Nath on Post Covid-19 Scenario for Startups & Building Future of Work

It seems as if Silicon Valley has been a consistent choice during the early career phase for several Indian VCs! Sanjay isn’t an exception as well. After spending his early years in Silicon Valley, in 2006 he came back to India and became an active member of Mumbai Angels. Finally, after 4 years of being an Angel Investor, he cofounded Blume Ventures in 2010. So far Blume Ventures have announced funds of a combined value of $150M with over 192 Portfolio Companies. Some of its Portfolio Companies are - Dunzo, LBB, Cashify, and Unacademy. In this podcast, Sanjay shares his opinions on Indian startup ecosystem navigating through Covid-19 crisis. Notes - 00:44 - From Joining Mumbai Angels to Co-founding Blume Ventures 03:40 - Backing Naveen Tiwari, InMobi during 2008 Crash 07:35 - How do you test the founders in good vs bad times? 12:02 - How has #Covid19 affected Mobility & SaaS #startups ? 15:30 - Advice to founders to navigate through these tough times 16:30 - Startups contributing to building the Future of Work 21:53 - Change in Investment Thesis from 2011 (Super-Angel Fund) to 2020 (Fund-III) 24:31 - Post Covid-19 Scenario for Non-Consumer Startups (SaaS, Deep Tech, Enterprise) 29:55 - Survival of best companies being self-sufficient 32:05 - How to evaluate & implement cost-saving strategies? 40:10 - Considering and dealing with possibilities of mergers & acquisitions Also Available On iTunes *https://apple.co/2SAhyFs Soundcloud http://bit.ly/2SRSWqD Spotify https://spoti.fi/3bJ1Zmh CastBox http://bit.ly/2UZ1oHu Web https://100xentrepreneur.com/ Enjoy & stay connected with us! Follow us on Twitter   / 100xentr   #100xEntrepreneur #Podcast