India is the world’s biggest opportunity in startup investing: Magnus Grimeland, founder, Antler
Synopsis
Pre-seed stage venture capital fund Antler aims to back 100 startups in the country in three years. Grimeland believes India’s talent pool, demographic profile, and digital economy infrastructure will propel the rise of startups.
If investing in unproven early stage ventures is not risky enough, there are a bunch of investment firms that focus on writing the first cheque before someone launches a startup. Antler, which operates in six continents and has a presence in two dozen cities, is one of them. It looks to invest pre-team and pre-idea. Magnus Grimeland, founder and CEO of Antler, calls it “day zero investing”. Antler backed 350 companies last year alone by writing
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