The Covid-19 induced recession has foiled all the best-laid plans for entrepreneurs across the world. While most consumer facing startups have come to a near standstill, enterprise technology startups have so far managed to stay afloat.
Bengaluru-based venture capital firm Exfinity Ventures, which invests in business to business (B2B) and software-as-a-service startups, believes it’s portfolio is in a better position to weather the economic slowdown and is currently in the middle of raising a new fund.
In Episode 08 of the Capital Call podcast, TechCircle caught up with V Balakrishnan, founder, chairman and general partner of Exfinity to understand how startups should navigate through this crisis.
Exfinity was launched in 2014 with a corpus of around Rs 125 crore for its first fund. The second fund was launched in 2015 with a Rs 300 crore corpus.