Rajul Garg, the founder and managing partner of Leo Capital, recently shared his insights on building an early-stage thesis for all seasons in a podcast interview with YourStory.
Garg believes that an early-stage investor should focus on building a that can perform well in any market condition. According to him, the key to success in early-stage investing is to invest in startups with a strong foundation, a solid team, and a large market opportunity.
Garg also emphasized the importance of investing in startups that have the potential to become category leaders. He believes that category leaders are better equipped to weather market downturns and are more likely to attract follow-on investments.
In terms of sector focus, Garg mentioned that Leo Capital is currently interested in startups operating in the healthtech, fintech, and edtech spaces. He highlighted the increasing demand for digital health services, the need for innovative financial solutions, and the growth of online learning as key trends driving the growth of these sectors.
Overall, Garg’s advice for early-stage investors is to build a diversified portfolio, focus on startups with a strong foundation and a large market opportunity, and invest in category leaders with the potential to scale and grow in any market condition.
Rajul Garg is the founder and managing partner of Leo Capital, an early-stage venture capital firm that invests in startups in India and Southeast Asia. In an interview with YourStory, Garg discussed the importance of building an early-stage investment thesis that can withstand various market conditions.
Garg noted that Leo Capital focuses on investing in startups that are building for the Indian market, particularly in the areas of deep tech, fintech, and consumer internet. He also emphasized the importance of backing founders who have a strong understanding of the market and the ability to execute on their vision.
In terms of building an early-stage investment thesis for all seasons, Garg recommended a long-term approach that takes into account market cycles and focuses on building a diversified portfolio. He also emphasized the importance of having a strong network of industry experts and mentors to provide guidance and support to portfolio companies.