Netflix meets Fedex is how Raghav Kher describes his online movie rental company Seventymm, which he founded in Bangalore in 2005. This is Raghav’s fourth company, and it has recently received a second round of investment of $10 million from Matrix Partners India.
In this interview Raghav discusses why he started an online movie rental company in India. (Hint: The Indian film industry makes the most number of films in the world.)
Raghav also discusses the challenges of running a start-up in India. He points out that he spends fifty percent of his time trying to recruit the right kind of people to work for his company.
Raghav divides his time between Bangalore and Seattle. His previous company, Rendition Networks, was acquired by Opsware. Raghav spent more than eight years working for Microsoft, and was part of the team that worked on the acquisition of Hotmail.
Rishi Navani is the founding managing director of Matrix Partners, India. Rishi has been involved in the Indian investment space for about 10 years and has seen the investment landscape in India undergo a dramatic change in the last few quarters.
Matrix Partners has a $150 million fund and it ...
Venture funding is picking up its pace in India. Quattro BPO Solutions received $100 million in funding from Olympus Capital.
Venture Capital firm Matrix Partners made its first investment in India.
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Copyright ©2008 PodTech.net. All rights reserved. Modified: Sun, 07 Sep 2008 01:39:59 -0700