Overview

Economists are bracing for a recession in the US and in other western economies in 2023.

Geopolitical challenges and supply chain disruptions are expected to temper growth expectations in the near term for most of Europe and Asia.

Amidst this, India is emerging as a bright spot.

Various estimates have pegged the Indian growth rate at between 7% and 7.5% for FY23.

What is the reason for this optimism and is this sustainable?

There is a school of thought that the Indian economy may resist a slowdown because of domestic consumption.

Domestic credit is expected to see growth.  There is rising foreign capital interest across multiple pockets of the Indian economy, especially in areas such as consumer, healthcare, financial services, renewables and infrastructure. But the resilience of the tech ecosystem is likely to be tested over the next few years.

The startup ecosystem already fired at least 15,000 employees in 2022. Will this continue into 2023? How many startups will survive the funding winter? What areas within the tech ecosystem are ripe for consolidation? Will new leaders emerge in this cycle? 

The path to growth in other sectors too will not be without challenges – especially if inflation persists, the rupee declines further.

But enough factors have come together for an Indian decade. The day-long conference will highlight areas of investor interest, how they are navigating the challenges in identifying opportunities amidst rising inflation, a declining rupee and a volatile geopolitical environment. Funds will also discuss if the impact investment story has played out over the last decade.

What are the most attractive areas of growth and what future trends can disrupt the startup ecosystem in 2023.  Will India manage to sustain investor interest over the next few years? Will startups surpass investor expectations?

We will discuss all this and more at the India Limited Partners Summit 2023.


Agenda

8:00 AM onwards
  • 8:00 AM – Onwards

    Registration & Networking

  • 9:20 AM – 9:30 AM

    Welcome Address

    By Shalil Gupta, Business Head, Mint & Mosaic Digital

  • 9:30 AM – 9:50 AM

    Special address: The good, bad and the ugly of investing in India in 2023

    The Indian economy is expected to be one of the bright spots globally this year. Is India fully taking advantage of the situation it finds itself in?

    Speaker:
    Anand Unnikrishnan
    , Managing Partner- Fund of Funds, National Investment and Infrastructure Fund (NIIF)

  • 9:50 AM – 10:10 AM

    Fireside chat: The rise of domestic capital

    What measures can be taken to build a sustainable pool of domestic capital for the Indian alternative investment fund ecosystem?

    Ranjani Raghavan, Senior Associate Editor, VCCircle in conversation with Shivani Bhasin Sachdeva, Founder & CEO, India Alternatives

  • 10:10 AM – 10:40 AM

    Panel: How is the LP asset allocation changing?

    What are the trends in Limited Partners’ asset allocation globally? How are global investors looking at private equity allocations in light of worries about recession in the US and Europe? What are the geographies of interest? What are the enduring themes post covid? How does India fit into their larger scheme of things?

    Speakers: 
    Deepak Padaki
    , President, Catamaran
    Weibo XIONG, Senior Vice President, Portfolio Advisors
    Radhika Rajan, Executive Vice President, DSP Investments

    Moderator: Sneha Shanti kumar Shah, Senior Assistant Editor, VCCircle   

  • 10:40 AM – 11:10 AM

    Networking over Tea/Coffee

  • 11:10 AM – 11:30 AM

    Fireside chat: Has the impact/ ESG investment thesis borne out its promised potential?

    Most Limited partners have a mandate to invest in funds that have an underlying ESG thesis. Several impact focused funds have invested across the Indian ecosystem with ESG in mind. An assessment on the wins and the missed opportunities in this segment.

    Speaker:
    Ranjani Raghavan
    , Senior Associate Editor, VCCircle in conversation with Dave Richards, Co-Founder & Managing Partner, Capria Ventures

  • 11:30 AM – 11:50 AM

    Fireside chat: Could climate disasters derail our growth? What is the investor thesis?

    The past year has seen intense floods in many parts of the country including Assam, Bihar, Karnataka and Delhi. Climate disasters have the potential to wipe out any growth we are seeing on the GDP. How can private investors help? How are investors thinking about climate tech? Is climate investment profitable? Where are the returns? How do we build sustainable growth?

    Speaker: 
    Beena Parmar
    , Assistant Editor, VCCircle in conversation with Raj Pai, Founder/Managing Partner – South Asia, GEF Capital Partners

  • 11:50 AM – 12:20 PM

    Panel: What is attractive in 2023?

    Investments in core sectors such as consumer, healthcare, infrastructure, renewables energy have seen massive amounts of capital inflow.  What is likely to sustain over 2022? 

    Is this likely to continue? What are investors finding attractive? What areas are falling behind?

    Speakers: 
    Ajit Kumar
    , Managing Partner, Evolvence India Fund
    Neha Grover, South Asia Lead, Private Equity, International Finance Corporation
    Anjali Bansal, Founding Partner, Avaana Capital
    Anshu Gupta, Partner (Investments), C4D Partners
    Visalakshi Chandramouli, Founding member, Tata Capital Healthcare Fund

    Moderator: Beena Parmar, Assistant Editor, VCCircle

  • 12:20 PM – 2:00 PM

    Networking Lunch

  • 2:00 PM – 2:20 PM

    Fireside chat: Making profits in the new economy

    The narrative has quickly changed from growth at all costs to break-even and profitability.  This is especially true of consumer tech and edtech businesses, where there is significant consolidation expected in 2023.

    Speaker: 
    Ranjani Raghavan
    , Senior Associate Editor, VCCircle in conversation with Ashwin Damera, CEO, Eruditus & Emeritus

  • 2:20 PM – 2:50 PM

    Panel: LP Focus on a co-investment, direct portfolio

    Limited Partners are increasingly focusing on building out their co-investment and direct portfolios in India. How are LPs focusing on portfolio management? Do LPs have the expertise to invest in the new economy? What are their teams looking for? Are deal sizes increasing?  How do GPs think about this trend?

    Speaker: 
    Jai Rupani
    , Chief Investment Officer, Dinesh Hinduja Family Office
    Aparna Mangla, Investments, Private Equity Funds Asia, British International Investments (BII)
    Sachin Bid, Fund Manager, Venture Capital, Nippon Life India AIF Management Limited
    Ashish Kumar, Co-Founder and GP, Fundamentum Partnership
    Ranjit Shah, Co-founder & Managing Partner, Gaja Capital 

    Moderator: Karthik Prabhakar, Managing Partner, PeerCapital

  • 2:50 PM – 3:20 PM

    Networking over Tea/Coffee

  • 3:20 PM – 3:30 PM

    Special address: The collapse of the tech bubble

    The cycle has turned for tech investments in India. What does it mean for tech startups now that the hype has settled? Did B2B startups fare better? Where are the real innovations happening? Which segments have proven to be most resilient?

    By Ravi Srivastava, Partner & Head of Research, Bay Capital 

  • 3:30 PM – 3:50 PM

    Fireside Chat: How to expand the scope of Domestic Capital

    What can regulators do to allow more investments from Insurers, Banks, HNIs and other local institutions? Does the budget help with the rise of domestic LPs?

    Jaideep Mehta, Managing Partner, IAN Alpha Fund in conversation with K.I.Mani, Sr. Advisor, TVS Capital

  • 3:50 PM – 4:10 PM

    Fireside: How are angel investors and seed funds identifying future opportunities?

    We’ve seen a surge of startup founders turning into angel investors, either on their own or through angel networks or their family offices.  Many startup founders have also become investors in specific sector funds. How is this shaping the future of the startup ecosystem?

    Speaker: 
    Sneha Shanti kumar Shah
    , Senior Assistant Editor, VCCircle in conversation with Pranav Pai, Founding Partner, 3one4 Capital

  • 4:10 PM – 4:40 PM

    Panel: Rise of family offices in India

    The past two years have shown that domestic investors are much more resilient and here for the long run. What are family offices doing to build durable, sustainable institutions?

    Speakers: 
    Dr. Aarti Gupta
    , CIO, DBR Ventures & Family Office of DM Gupta, Jagran Group
    Ankit Bengani, Principal & Director, Marwar Capital
    Rishi Khanna, MD, Trimaster Holdings & Chairman, TreeForest Investments

    Moderator: Jaideep Mehta, Managing Partner, IAN Alpha Fund

  • 4:40 PM – Onwards

    End of Conference

  • 6:00 PM – Onwards

    Awards


LPs Attending This Year


Evolvence India Fund

National Investment and Infrastructure Fund

Catamaran

Portfolio Advisors

 


International Finance Corporation

DBR Ventures

DSP Investments

Marwar Capital

 


British International Investment

Dinesh Hinduja Family Office

Trimaster Holdings

Sharrp Ventures

 


Nippon India Alternative Investments

Capria Ventures

Speakers 2023

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Ajit Kumar

Managing Partner, Evolvence India Fund
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Anjali Bansal

Founding Partner, Avaana Capital
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Ankit Bengani

Principal & Director, Marwar Capital
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Anshu Gupta

Partner (Investments), C4D Partners
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Dr. Aarti Gupta

CIO, DBR Ventures & Family Office of DM Gupta, Jagran Group
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Anand Unnikrishnan

Managing Partner- Fund of Funds, National Investment and Infrastructure Fund (NIIF)
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Aparna Mangla

Investments, Private Equity Funds Asia, British International Investments (BII)
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Ashish Kumar

Co-Founder and GP, Fundamentum Partnership
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Ashwin Damera

CEO, Eruditus & Emeritus
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Beena Parmar

Assistant Editor, VCCircle (Moderator)
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Dave Richards

Co-Founder & Managing Partner, Capria Ventures
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Deepak Padaki

President, Catamaran
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Jai Rupani

Chief Investment Officer, Dinesh Hinduja Family Office
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Jaideep Mehta

Managing Partner, IAN Alpha Fund (Moderator)
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Karthik Prabhakar

Managing Partner, PeerCapital
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K.I.Mani

Sr. Advisor, TVS Capital Funds
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Neha Grover

South Asia Lead, Private Equity, International Finance Corporation
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Pranav Pai

Founding Partner, 3one4 Capital
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Radhika Rajan

Executive Vice President, DSP Investments
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Raj Pai

Founder/Managing Partner - South Asia, GEF Capital Partners
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Ranjani Raghavan

Associate Editor, VCCircle (Moderator)
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Ravi Srivastava

Partner & Head of Research, Bay Capital Investment Advisors Pvt. Ltd.
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Ranjit Shah

Co-founder & Managing Partner, Gaja Capital
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Rishi Khanna

MD, Trimaster Holdings & Chairman, TreeForest Investments
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Sachin Bid

Fund Manager, Venture Capital, Nippon Life India AIF Management Limited
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Shivani Bhasin Sachdeva

Founder & CEO, India Alternatives
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Shalil Gupta

Business Head, Mint & Mosaic Digital
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Sneha Shanti kumar Shah

Senior Assistant Editor, VCCircle (Moderator)
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Visalakshi Chandramouli

Founding member, Tata Capital Healthcare Fund
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Weibo Xiong

Senior Vice President, Portfolio Advisors

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