Picus Capital Eyes Indian B2B Software Startups with Global Ambitions
“As an independent venture capital firm, we have the flexibility to adjust our fund size and allocations. However, we have outlined a strategy to allocate approximately 25-30% of our investments specifically in the APAC region.
India holds significant importance in our overall business strategy given strong and inclusive economic growth tailwinds in the region, growing B2B sophistication and movement up the value chain, and strong demographic dividend," Naman Jhawar, Partner and Head of India & SEA at Picus Capital told LiveMint.
The VC firm currently has investments in over 25 portfolio companies in the India and SEA region. The company's early-stage investment strategy in India and SEA focuses on technology ventures across sectors such as SaaS, Fintech, Enterprise Infrastructure, Cybersecurity, Energy & Climate, and Health.
According to him, India's strong adoption of digital infrastructure solutions, backed by government initiatives like JanDhan, Aadhaar, Mobile, UPI in payments, ONDC in commerce, and ABHA in health, presents unique opportunities to build innovative businesses on these platforms.
“There is an abundance of entrepreneurial talent in India, often equipped with valuable experience from top domestic and international companies.
