| VENTURE
CAPITAL/PRIVATE EQUITY - THE INDIAN CAPITAL MARKETS Entrepreneurship,
public markets and private markets are booming in India and
there has been a global stampede of capital flooding the Indian
markets. However, the next big opportunities in India are
likely to be different from any we have seen in more developed
capital markets. From infrastructure to entrepreneurship,
investors will need to redefine the opportunity set and the
role of capital to address the unique needs of the Indian
market place. In infrastructure investing, this may mean a
greater emphasis on public-private partnerships. In venture
capital it may mean funding businesses that meet the needs
of consumers outside of the major metro markets. Whatever
the next big opportunities are, they are unlikely to simply
be recreations of what has been seen in major developed markets.
With these issues in mind this panel will aim to understand
how to overcome the impediments and think creatively to find
the next big investment opportunities.
THE PANELISTS
The following speakers and panelists have confirmed their
attendance for the conference.
Vineet Buch |
Abhay Havaldar |
Vikram Limaye |
Ramesh Shah (Moderator) |
Carl Stjernfeldt
|
Vineet Buch
Principal, BlueRun Ventures
Vineet focuses on Consumer Internet and Mobile Services, Enterprise Software, including Open Source, and on BlueRun Ventures' investments in India. Vineet joined BlueRun Ventures in 2005. Immediately before that, he co-founded Riya, a Consumer Internet company funded by BlueRun.
Vineet is involved with BlueRun's investments in Deeya Energy, Riya, Slide, Ugenie, and Zmanda.
Prior to joining BlueRun, Vineet was a Director with Product Management and Software Development responsibilities in Oracle Server Technologies, the organization that develops the Oracle Database and Application Server.
Before Oracle, Vineet was co-founder and CTO of Karient, a provider of systems management software. Vineet started Karient after serving as Senior Director of Engineering at Corio, a leading Application Service Provider since acquired by IBM. Before joining Corio, Vineet was a Practice Manager in Oracle Consulting, running a consulting practice focused on Enterprise System Architecture.
Vineet has an MS in Computer Science from Cornell University and a B.Tech. in Computer Science from IIT, Kanpur.
Top |
 |
|
Abhay
Havaldar
Partner, General Atlantic Partners
Abhay Havaldar has been a Managing Director at General
Atlantic LLC, a global private equity firm, where he
has worked since 2002. Mr. Havaldar established General
Atlantic's India office in 2002 and remains based in
Mumbai, India where he leads General Atlantic's South
East Asia investment initiatives with a focus on Business
Solutions, Financial Services and Enterprise Software.
He currently serves as a Director on the board of Jubilant
Organosys Ltd. and Sharekhan Ltd. Before
joining Connect Capital, Mr. Havaldar was a partner
at Draper International and helped establish Draper
as India's pioneering early stage technology venture
capital firm. Mr. Havaldar built a portfolio of eighteen
companies and was responsible for Draper's investments
in Rediff.com (NASDAQ:REDF), Selectica (NASDAQ:SLTC)
and Unimobile, among others.
Prior to Draper, Mr. Havaldar spent twelve years in
both the hardware and software industries in the U.S.,
Europe and Asia. He spent ten years in various technical
and marketing positions at Tata Unisys, one of India's
top software companies. In 1989, he was appointed Regional
Manager of the U.K., Europe and Africa for Tata Unisys
and, in 1991, Regional Manager of the Eastern U.S. and
Canada. Abhay served from 1994 to 1995 as Country Manager,
Financial Services, for HCL-Hewlett Packard.
Mr. Havaldar holds a bachelors degree in electrical
engineering from the University of Bombay and a masters
in management degree from the Sloan Fellow program at
the London Business School.
Top |
 |
|
Vikram
Limaye
Executive Director, IDFC
A Chartered Accountant and an MBA from the prestigious Wharton School of the University of Pennsylvania, Mr. Vikram Limaye joined IDFC as Executive Director in March 2005. Mr. Limaye has over nineteen years of experience with Global Investment Banks, Foreign Banks and Global Accounting Firms.
Prior to joining IDFC, Mr. Limaye was with Credit Suisse First Boston (CSFB) in USA in a variety of roles in investment banking, capital markets, structured finance and credit portfolio management.
Mr. Limaye began his corporate career with Arthur Andersen in Mumbai and has also worked with the Business Advisory Services Group at Ernst and Young and the Global Consumer Banking Group at Citibank N.A.
Top |
 |
 |
Ramesh Shah
Chairman of the Board of WNS Global Services,
Ramesh Shah is Chairman of the Board of WNS Global Services, a business process outsourcing firm publicly traded on the NYSE. Ramesh is responsible for the executive oversight of all key stakeholders, board, and management relationships. In addition to his role as Chairman, Ramesh mentors the North American sales team and advises on business development efforts. Prior to WNS, he was the Chief Executive Officer for the Retail Banking division at GreenPoint Bank in New York. He previously held senior positions at American Express, Shearson, and NatWest. Mr. Shah received an MBA from Columbia University and a BA from Bates College.
Top |
 |
|
Carl
Stjernfeldt
Partner, Battery Ventures
Carl joined Battery in 2000 and focuses on wired and
wireless communications technologies and services, ranging
from components to service providers. He also has an
interest in security software and solutions to enable
a more trusted Internet environment. Currently, Carl
is a board member at Agito Networks, Arbor Networks,
Cedar Point Communications and Tejas Networks, and a
board observer at Optium. Previous investments include
Broadbus Technologies (acquired by Motorola). From 1997
to 1998, he worked for Cambridge Technology Partners
as a client partner and project manager. Prior to Cambridge
Technology Partners, Carl held several operational roles
with Summa Four developing telecommunications solutions
for domestic and international service providers. Carl
holds a dual MS in Electrical Engineering from the Royal
Institute of Technology (KTH) in Stockholm and Northeastern
University in Boston, and an MBA from the MIT Sloan
School of Management, where he now teaches a course
in entrepreneurial finance. He serves on the University
of Michigan's Technology Transfer National Advisory
Board and on the board of the New England Venture Capital
Association (NEVCA).
Top |
|