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62: Sheel Mohnot (GP - BTV) |"Indian Startups are Shaping Emerging Markets " | 1947 VC
1947 Rise
English - May 10, 2023 03:35 - 36 minutes - 67.7 MBEntrepreneurship Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Sheel is the GP at Better Tomorrow Ventures.
Better Tomorrow Ventures is one of the top seed-stage fintech investors.
They have backed companies like Unit, Chippercash, Flexport, Mercury, Ramp to name a few.
Timeline:
00:00 Top moments.
00:48 Intro to pod with Sheel Mohnot
02:55 What led Sheel to angel investing and the founding story of Better Tomorrow Ventures?
06:15 How did Sheel determine the portfolio construction of his fund, including fund size and check sizes?
07:22 How was he able to source LPs, build relationships with them and close LPs?
11:58 How does Sheel decide when to start investing if he is unsure about reaching the target raise?
13:19 How does Sheel keep LPs updated and engaged during the fundraising process?
14:13 What were the lessons learned from fundraising for the first fund and their impact on subsequent fundraising?
16:13 What advice would Sheel give to an emerging fund manager when fundraising from LPs for their first fund?
19:56 Did Sheel iterate and make changes his your pitch deck based on the feedback he received over time?
22:10 What is his relationship with India, particularly in terms of investments?
26:49 What fascinates him about the Indian tech ecosystem, especially in the FinTech sector?
28:50 Do learning from the Indian tech ecosystem help you evaluate companies based outside of India?
30:36 If not at BTV and if money and attention are not needed any more who would Sheel aspire to be?
34:50 If he could invite three people dead or alive for dinner, who would they be and why?
35:35 Which Indian individual would he love to meet and socialize with over dinner or drinks?