Yesterday, I was able to catch up with Rob Chandra, a 10-year veteran of Bessemer Venture Partners, and its lead investor in India, which has attracted $40 billion in foreign capital this year and provided Bessemer with two IPOs.
I asked Chandra to make the case for why more investors should refocus attention on the country; he did so easily. Our conversation, edited for length, follows.
What’s one of the biggest differences between investing in Indian companies versus those in the U.S.?
In a lot of emerging markets, the investment opportunities tend to be working with families. In the U.S. context, you tend not to fund families.