Every Business is a People's Business Including a Venture FundSeedfund has been among the best performing early stage funds in India that saw Indian start-up ecosystem born and grow.

BySandeep Soni

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Entrepreneur India

Whatever you do, be different! That was the advice my mother gave me and I can't think of a better advice for an entrepreneur. "If you are different, you'll standout" -Anita Roddick

Entrepreneur brings lives of 23 women achievers between its cover to celebrate womanhood.

Jacobhas been a star veteran venture capital investor investing in start-ups for the last 17 years. Jacob started with India's first angel fund called Infinity Ventures before setting up Seedfund in 2006 along with one of the founders at Infinity Ventures, Pravin Gandhi and another venture capital and ad veteran Mahesh Murthy.

Seedfund has been among the best performing early stage funds in India that saw Indian start-up ecosystem born and grow. And that's been most gratifying for Jacob over the years. "Seedfund's first fund that we raised in 2006 was the best performing fund in the country in terms of actual cash returns," asserts Jacob.

Online portal for used and new cars,CarWale, and bus ticketing start-up, redBus, were among the super exits for Seedfund and has companies like Chumbak, Edusports, and Voonik in its portfolio. Among many learnings over the course of talking to several entrepreneurs and investors, Jacob clearly understood that at the end of the day every business is a people business including running a venture fund.

"Fundamentally, it is the people business. If I have an unhealthy relationship with an entrepreneur then my role at the board gets completely negated because he or she will not look at me through that lens," believes Jacob. The people skills hence have to come naturally in business. "So even if I have a good point to make, there would be a different agenda for entrepreneur towards me and vice versa." Currently, Seedfund has 35 companies in its portfolio.

(To know more about these women entrepreneurs, subscribehere)

Wavy Line
Sandeep Soni

Former Features Editor

Related Topics

News and Trends

India is Expected to Increase Its Spending on Cybersecurity by 18% Between 2020 and 2025

Due to India and the US's combined contribution of 16% of the world's talent pool for cybersecurity trained resources, the India-US corridor is the mainstay for international cybersecurity outsourcing services.

Thought Leaders

I Pitched 300 People a Day For 1 Year — and Learned This Impactful Entrepreneurial Lesson

工作后自己骨头投球300不太和谐le each day for one year, I came out of that experience as a new man — but surprisingly, an unhappier one. Here's what I learned.

Business News

'This Is My Life Now': Man Hysterically Documents Elon Musk's 'X' Sign Blaring Flashing Lights Into His Bedroom Window

The sign, reportedly put up without a permit, is shining bright at X HQ in San Francisco.

Technology

对半导体我印度日益增长的承诺ndustry

The international collaborations with the US, Japan, Australia and upcoming opportunities with other like-minded countries hold significant importance, says External Affairs Minister Dr S Jaishankar addressing the last day of the three-day SemiconIndia 2023

News and Trends

Google Invites Applications For Eighth Batch Of Startups Accelerator Programme

Applications are open until August 22, and eligible startups should have AI as a core solution or product, including generative AI