Wish to announce that Canaan Partners (pronounced K-nun) is opening their office in India, and I will be heading that up. Canaan is an early stage investment firm, and focusses on IT and Healthcare technologies. I am pretty encouraged that the Canaan Partnership is keen to share their learnings and experiences of over 19 years with the nascent Indian ecosystem, and have a genuine desire to engage with the entrepreneurs here.
Instead of putting too much of a plug myself, might as well divert you to contentsutra and siliconbeat for the same. Here is the press release.
Here’s to more of successful entrepreneurial and VC activity in India!
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Congragulations !
Rajan
Congratulations Alok. Hope to see a lot of Canaan in coming days
Alok,
Just be there and make the difference. You really can.
Alok,
Congratulations on the move. Having just come back from meeting with some VC friends the last few weeks, I’m more and more fascinated but what i perceive as a systemic discounting of the innovation taking place in India. A lot of us, particularly public equity investors in the U.S. who have never been to India (myself included) are keenly aware of the much-ballyhooed outsourcing plays (Tata, Wipro, Cognizant, Infosys) but don’t realize that innovation and entrepeneurial drive are also rampant.
I look forward to following Canaan (and the other VCs) efforts there.
Best of luck,
Jason
Congrats.
Hope Canaan build an Indian google. 🙂