Excerpts from an ET article.
Why do Sachin & Binny Bansal invest in startups?
1. Principle of Paying it Forward
2. To back game changing companies which regular VCs might not fund
Examples include their investments in space tech company Team Indus and 3-D organ printing company Pandorum Technologies.
3. Keep themselves updated on the startup ecosystem.
Portfolio company InShorts (earlier News In Shorts) taught them the intricacies of how app metrics were different from web traffic metrics.
Checklist to attract funding from Sachin & Binny
A. Your business doesn't conflict with Flipkart
Binny Bansal exited from 3 portfolio companies - including Roposo and Zopper - when they pivoted their business models towards e-commerce
B. Are you raising between $20k-500k?
That's their sweet spot / range.
C. Can you teach them a thing or two?
Refer point 2 above.
D. Sectors they like?
Healthcare, Education, IoT (Internet of things), Auto and AI.
E. How do I reach out to them?
Get in touch directly or reach out to Sailesh Tulshan, Tsai Shen Capital.
Are you in Fund-raising mode? Check out our For Entrepreneurs page.