Home
Portfolio
Class 09
About Us
Team
iSafe
Investor Hub
arrow-icon
Founders' Hub
arrow-icon
CVC
Partners
arrow-icon
News and Views
arrow-icon
Contact Us
photo
100X.VC Team
Written by various collaborators within Team 100X.VC
Recent Blogs
Ankit Kedia, Founder, Capital-A (Ma...
Read more
Shailesh Ghorpade, Co-founder and M...
Read more
100X.VC organized the Founders Dati...
Read more
Pravin Gandhi, Founding Partner at ...
Read more
image
calendar
Nov 25, 2022
Topic
Gut feel on founders and business model is as important as the data based diligence

-Jatin Desai, Managing Partner, Inflexor Ventures

 

Team 100X interviewed some of the top investors across the globe about their venture investing journeys, startups, and India. Here, Jatin Desai, Managing Partner at Inflexor Ventures shares his responses.


Q1. What is your motivation to be in the venture investing business

As an entrepreneur and ex-techie myself with global experience before becoming a VC fund manager, I believe that it’s the right time to be in the venture investing business in India. We have smart young entrepreneurs setting up businesses to solve real world problems using technology and innovation in such a large domestic market and potential for tapping even larger global markets. VCs can help them with capital to scale faster, lend operating experience as required to young founders and build world class companies. An important outcome of this core activity can also result in wealth creation for the stakeholders and country’s economy and boost it even further and have a multiplier effect.

 

Q2. What is your view on the future of India as a market

With the normal ups and downs as is common in any maturity cycle, I’m personally more bullish on India than ever before. India is already the world’s 5th largest economy and within striking distance of being the world’s 3rd largest economy. GDP is growing and we also need per capita incomes picking up to hit our next inflection point in the growth journey and VC/startup ecosystem can play a key role in this.

 

Q3. Help describe your investment thesis and ideas you would like to back

Inflexor backs innovative startups across verticals with good founders solving B2B, Enterprise or select B2B2C problems with technology IP/deeptech led solutions with a large domestic market size or building in India and selling globally type business models. We participate from seed round in companies with some initial revenue traction and product market fit to Series A+ rounds. We invest in AI/ML, SaaS, Cybersecurity, Big Data Analytics, FinTech, ConsumerTech, AgriTech, Industry 4.0/IOT, AR/VR, select SpaceTech, CleanTech and other verticals.

 

Q4. What are your 5 key learnings from your experience as a venture investor

  • Gut feel on founders and business model is as important as the data based diligence prior to investment decision particularly in early stage startups

  • Entry valuation is important and should not be shy to pass deals based on out-of-whack valuations (right deal vs best deal)

  • Picking winners from the portfolio and doubling down on them can really make a big difference in the performance outcome

  • VC investing is a long term game in context of building relationships, reputation and giving good cash exits to investors

  • Even good startups can get choked in deep downturns if they don’t have enough runway

 

Q5. Mention top 5 consumer/industry/technology trends in India and globally

         -Main streaming of AI-ML

          -Continued move to Cloud

          -Quantum computing to mainstream this decade

          -Metaverse in some shape or form

          -5G at scale

 

100X.VCis a great partner/investor for young startups that are at angel/seed/pre-revenue stages as the mentoring and network they offer to such startups is absolutely amazing. I know this first hand having interacted with the entire team at 100X and being associated with them across their various cohorts as Investor partner and MasterClass host.


About Jatin

Jatin is currently Managing Partner in Inflexor Technology Fund (Fund-2) and General Partner in Parampara Early Stage Opportunities Fund (Fund-1).

Jatin has over 25 years of global experience spanning Fund Management and Investments, Entrepreneurship and Technology/Operations roles. He has been involved with the startup ecosystem in India for the past few years and was also part of the US startup ecosystem in the mid to late 90s.

Prior to co-founding Inflexor and Parampara, he was the CIO of Bank of America & DSP Merrill Lynch in India. In his CIO role, Jatin was also part of the Country Leadership Team of the Bank which had oversight of all of the bank's business and operations in India and a member of LMT (equivalent of the Board of the Bank in India).

Before joining the bank, Jatin spent several years in US, EMEA & India in various technology roles dealing with Wall Street banks and Fortune 500 companies.

Jatin has a Bachelor's Degree in Engineering and has completed Technology Management Certificate program from Darden School of Business, University of Virginia.


 

Related Topics
blog-trending-dollar
watch-logo.svg3 min
The investment opportunity will never be perfect, especially at early stages
Ankit Kedia, Founder, Capital-A (Manjushree Capital Advisors) shares his thoughts.
Read morenext-arrow
james100X.VC Team
Nov 23, 2022
blog-trending-dollar
watch-logo.svg3 min
India is a beacon even in these times is testimony that it is a resilient and a fundamentally strong market
Shailesh Ghorpade, Co-founder and Managing partner, Exfinity Ventures shares his thoughts.
Read morenext-arrow
james100X.VC Team
Nov 18, 2022
blog-trending-dollar
watch-logo.svg3 minutes min
Founders' Dating: 3 cities, diverse startups collaborating
100X.VC organized the Founders Dating Event in November 2022, across three cities - Mumbai, Bengalur...
Read morenext-arrow
james100X.VC Team
Nov 15, 2022
logo-footer
100X.VC is the first Venture Capital firm to invest in early stage startups using founder friendly India SAFE Notes.
Send Your pitches to us at:
100x.vc/class09
For other queries, please contact us at:
[email protected]0x.vc
Portfolio
Class 08
About Us
Team
iSafe
Partners
Investor Hub
Founders Hub
News and Views
Contact Us
© 2000-2021, All Rights Reserved