Unicorn India Ventures was founded in 2016 and has made around 30 investments in that time. They mainly focus on startups in the technology space.
Anil Joshi co-founded the fund in 2016 after his experience with Mumbai Angels. He believes in investing in founders and their team and backing technology risks. Going from marketing to being an EA, to President of Mumbai Angels, and founding Unicorn India Ventures he has had an incredible journey so far!
Here’s what you can expect to learn from this episode
- Why did Anil decide to start his career in marketing after studying engineering? How did his experience in marketing help him get a variety of founders and investors at the same table, and help both sides understand each other?
- What is the value of being an EA? How did his experience help him in developing holistic skills?
- What was Anil’s role in Mumbai Angels? What was his goal when he initially joined Mumbai Angels? What was the thought process behind join Mumbai Angels without any finance background? What was the decision like going from the investor side to the services side of the business? How did he manage to take Mumbai Angels from 6 deals to 75 deals?
- Why did he decide to finally bite the entrepreneurial bug and founded Unicorn India Ventures? What were the names options for fund 1 before he shortlisted Unicorn India Ventures? How did he meet his co-founder, Bhaskar, and how he was convinced to start the venture with him?
- What is Anil’s investment style? Why is he more inclined towards technology start-ups? What does Anil like to see in founders, and why he thinks giving up is NEVER an option?
- What are the 3 lessons Anil wishes he had learned sooner as a VC? What is Anil’s advice to budding entrepreneurs?
Anil’s Book Recommendations:
- Dream with Your Eyes Open: An Entrepreneurial Journey by Ronnie Screwvala
- The Art of War by Sun Tzu
- What Shall We Do With All This Money? by Jayesh A Parekh
Watch this episode