Antler looks at portfolio of 100 startups over the next 2.5 years
- ByAyushi Ray | September 27, 2021
Antler looks at portfolio of 100 startups over the next 2.5 years. Speaking with PTI, Antler India Partner Rajiv Srivatsa said Antler was set up with the vision of being an institution that impacts the first 12 months of a founder’s journey, and stay along as the startup becomes a unicorn or even a decacorn. “We still have a portfolio of only 12-13 companies (in India), the idea is to do this with 100 companies over the next two-and-a-half years…the idea is to create a truly global venture capital firm that helps the founders in the first 12 months institutionally,” he said. Founded in Singapore in 2017, Antler has invested in over 300 companies globally across 30 different industries. Of these companies, 40 percent have at least one female co-founder, and the founders represent 70 nationalities. The firm has offices across five continents, covering most major entrepreneurial hubs, including London, Berlin, Stockholm, New York, Singapore and Sydney.
Srivatsa explained that most venture capitalists usually come into the mix after the product has been launched and after the founder has some kind of traction. Before a product is launched by a startup or by a founder, very few institutions, a lot of individuals (angel investors), incubators and accelerators are there. “Antler’s sweetspot is to significantly impact the first 12 months of the founders’ journey, to be a true partner in that first 12 months. Because in the first 12 months, they don’t have too much capital, they don’t have too much traction, they don’t even know sometimes who their co-founder is, they have no product as they’re still building the product,” Srivatsa said.
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