trica

The universe of the secondary market is growing fast with more products and platforms coming to the fore to fill in the information gaps in a market where most of the deals and activities are difficult to track. In fact, dealmaking here has also become a reference point for investors in the primary market when there was significant uncertainty around determining the value of startups right after the pandemic high saw inflated valuations in startups and tech companies. Read the full story here: https://lnkd.in/dSP9xPKa Shanti Mohan Syna Dehnugara Pranav Mahajani Dipti Nair Gandhimadhy Varadarajan Sabah Mehkeri Nakul Saxena Tejas Panchal Pramod Lamba #startups #secondaryinvestment

In LetsVenture's annual report, Rajeev Kalambi, General Partner, Cactus Venture Partners, speaks on LP sentiment, hot sectors and business models, and founder quality. We also discuss what’s going to happen in 2024. https://lnkd.in/g6UkwZ9u For more insights on private market in India, get trica capital membership: https://bit.ly/42iLRTm Shanti Mohan Syna Dehnugara Pranav Mahajani Dipti Nair Sabah Mehkeri Gandhimadhy Varadarajan Nakul Saxena Tejas Panchal Mihir Prachish #startups

The big picture of India’s wealth management landscape The startup market has emerged as a key area of diversification to nurture wealth for family offices and UHNIs. The private market and startup ecosystem is naturally driven by networking and who you know. Much of the investment opportunities too are swapped back and forth within these networks Get your foot in the door of the startup world with trica capital, our tech platform making private market more accessible to family offices and UHNIs. Become a trica member: https://bit.ly/42iLRTm Exclusive networking and investment opportunities, industry insights, and your go-to tech platform to manage your private market portfolio. Shanti Mohan Syna Dehnugara Pranav Mahajani Dipti Nair Sabah Mehkeri Gandhimadhy Varadarajan Nakul Saxena Tejas Panchal Mihir Prachish

Take your one step forward in the private market ecosystem with trica capital membership. Join India’s leading family offices and UHNIs who trust trica capital as a gateway to invest in growth-stage Indian startups. Members of trica capital get: 🔸Direct investment in startups across sectors and stages. 🔸Portfolio diversification and exposure to startups with quality deals 🔸Personalized dashboard to suit your investment needs 🔸Access to exclusive events for family offices, select founders, and industry experts 🔸Access to timely ecosystem trends and insights  🔸Dedicated analyst and a relationship manager to handhold on your investment journey Know more: https://bit.ly/42iLRTm Shanti Mohan Syna Dehnugara Pranav Mahajani Dipti Nair Sabah Mehkeri Gandhimadhy Varadarajan Nakul Saxena Jay Magdani Tejas Panchal

💪Raised $100 Mn since 2020 Trust trica capital for clean and quality deals for growth stage investment. What’s more? The platform curates deals tailored to your family office thesis, along with a suite of services for seamless startup investments. More than 350 family offices and UHNIs trust trica when investing and private market investments. Join them and become a trica capital member today. Get membership: https://bit.ly/42iLRTm Shanti Mohan Syna Dehnugara Pranav Mahajani Dipti Nair Sabah Mehkeri Gandhimadhy Varadarajan Nakul Saxena Jay Magdani Tejas Panchal

Take a closer look at startup investment to diversify the portfolio for Sattva Group. “I think Indian entrepreneurial spirit and the kind of people that you get to meet in the process of investing, whether it’s through funds or directly into startups, has been phenomenal. Everyday is a good learning journey,” says Adrija Agarwal, Partner, Sattva Ventures (https://lnkd.in/gYkWkARQ) Back bankable Indian entrepreneurs and growth-stage startup on trica capital, your gateway to private markets of India trusted by 350+ family offices and UHNIs. Now get ahead in the market with a trica capital membership. Get membership: https://bit.ly/42iLRTm Shanti Mohan Syna Dehnugara Pranav Mahajani Dipti Nair Sabah Mehkeri Gandhimadhy Varadarajan Nakul Saxena Jay Magdani Tejas Panchal Mihir Prachish #privatemarkets

Get ahead in the ecosystem with trica capital. India’s leading family offices and UHNIs trust trica capital as a gateway to private market investment. Members of trica capital are empowered with: 👉Direct investment in startups across sectors and stages 👉Portfolio diversification and exposure to startups with quality deals 👉Personalized dashboard to suit your investment needs 👉Access to exclusive events for family offices, select founders, and industry experts 👉Access to timely ecosystem trends and insights  👉Dedicated analyst and a relationship manager to handhold on your investment journey Get membership: https://bit.ly/42iLRTm Shanti Mohan Syna Dehnugara Pranav Mahajani Dipti Nair Sabah Mehkeri Gandhimadhy Varadarajan Nakul Saxena Jay Magdani Tejas Panchal Mihir Prachish #privatemarkets #familyoffices

Thanks Shilpa Phadnis. The past year has been one of the more difficult year for #founders and #investors. In 2023, 169 deals across cleantech, deeptech, enterprise SaaS, and fintech, among others closed on LetsVenture and trica. Key Takeaways: On the investing side: 1. Investor commitment trends: 2023 was a year of caution and tightening commitments though we have started to see signs of revival. We have been very selective in our curation process, and have double-indexed on investing into portfolio founders.  2. Beyond the metros: The wealthy in small towns in India are ready to invest in startups due to greater awareness of the asset class. They prefer investing in and promoting local founders.  3. Lead investors' role in the angel stage: The last two years have seen more fatalities and founders struggle to reorient to the new benchmarks of funding readiness & stay relevant. Interestingly, many lead investors are absent at the time of crisis to manage their commitment to their syndicate backers.  4. Founder-turned-investors continue to be the best profile of investors. Their ability to understand founder challenges and provide support seems more natural. 5. Patient capital from family offices: This was the year when family offices came to the fore, with pre-IPO start-up tech stock or actively participating in the bridge rounds in pre-Series A to pre-Series B. This activity is significant in the absence of VCs activity. Since this capital comes with a strong ‘dhanda’ ethic, companies that have raised this capital will take a pragmatic approach to business building, a departure from a typical growth led model.  I see this capital unlock as a strong foundation setting for the next decade.   On the founder side: 1. At times of crisis, relationships trump. Investors are willing to give another chance, provided they are not taken by surprise and there is transparency. 2. At a time when capital is difficult to come by, serial entrepreneurs are playing it smart by focusing on maintaining a healthy runway of at least two years. Several first-time founders tend to hold on to their last valuation raised, many are going into ‘survival’ mode or shutting down. 3. Equity distribution still not understood by founders. We continue to see startups dilute high amounts of equity for small capital raised in early rounds, and equity given away to advisors early on.   2023 also saw a significant increase in domestic capital allocators to participate in secondaries - both GP-led continuation vehicles and direct secondaries. With the bid-ask price further reducing in 2024, as macros remain under stress and the ‘golden tap’ only opens a fraction, I see secondaries becoming more mainstream. The detailed startup report, completely done inhouse by the LV team. 🙏 Full report here: https://bit.ly/493UL9r Wishing an abundant, happy 2024 to all our ecosystem friends - from LetsVenture and trica! Dipti Nair Syna Dehnugara Pranav Mahajani Nakul Saxena

📢Out Now 📢 The Great Metamorphosis: LetsVenture’s Private Market Investing Outlook, Insights & Projections 2023-24 🔹Strong belief in India story: LP sentiment towards India is at an all-time high 🔹Markets mature: The Indian startup ecosystem likely to hit an inflection point in 2025 🔹FOMO investing recedes: Investors learn to build their own conviction And other insights on capital allocation and top trends governing private market investment in India. Read the complete report here: https://bit.ly/493UL9r Sanjay Swamy Sarita Raichura Siddarth Pai Sushma Kaushik Rajeev Kalambi Bhavik Vasa Mohan Kumar Ashutosh Sharma Ranjith Menon Neha Singh Vivek Ramabhadran Raja Ganapathy Srikanth Iyer Punit K Goyal Shanti Mohan Sabah Mehkeri Dipti Nair Syna Dehnugara Nakul Saxena Pranav Mahajani Jay Magdani Tejas Panchal Gandhimadhy Varadarajan #startups #privatemarkets

As we look back at the year, here’s capturing the sentiment of the ecosystem. [Watch here: https://lnkd.in/gfXbqXKm] It is not linear, the world of investment and especially in private markets. But that is what makes it so exciting. So we end the year richer with experiences and lessons we can carry forward. What continued to keep pace is the fast-advancing tech and innovation in India that keeps us amused, entertained, and awestruck all at once. As did the unrelenting entrepreneurial spirit in the country. As always, never a dull moment (or year) in the Indian startup ecosystem and we are just grateful to be at the forefront of it. https://lnkd.in/gfXbqXKm Shanti Mohan Sabah Mehkeri Dipti Nair Syna Dehnugara Gandhimadhy Varadarajan Nakul Saxena Jay Magdani Tejas Panchal Pranav Mahajani #2024ready