Google’s Vice-President for South East Asia and India, Rajan Anandan has a portfolio of over 80 startups. He is probably the most sought-after angel investor in the country yet Rajan believes it’s the other way round.
“It’s a privilege to be investing in awesome companies. The startups that make it are because they are awesome, angel investors get lucky,” opined Rajan Anandan in a candid chat with Amit Somani, Managing Partner at Prime Venture Partners at the LetsIgnite Mumbai event.
Revealing that he started angel investing after he graduated out of MIT by loaning money to friends who were treading the founders’ path, Rajan has seen it all in the cycles since the 1990s. It is this vast experience which has helped him hone his strategy in the last eight to nine years which is to invest in 8-10 early stage companies in a year.
“The portfolio approach works for me. Only one out of 10 investments play out. I only do tech, only occasionally I do a non-tech company because I am learning about a space in early-stage companies. However, I never invest in myself as I have no time. I am always co-investing with investors who have time,” he revealed.
“But how exactly can get entrepreneurs get a cheque from you?” questioned Amit, to which Rajan’s reply was referrals.
Let’s delve into that.