Revant is a Partner @ Kstart, the seed fund of Kalaari Capital and brings with him over a decade of experience of investing, building & fundraising in the nascent Indian start-up ecosystem. At Kstart, Revant leads investments, portfolio management and oversees the expansion of the seed stage initiatives.
Prior to joining Kstart, Revant was a founding team member and Entrepreneur in Residence at one of India’s leading consumer internet start-ups, Rebel Foods, where he played a pivotal role in building the business from the early days to a US$200M valued enterprise. During his time there he initially played the role of CFO where he helped raise all rounds of external financing, post which as CMO and later incubated and built India’s largest Biryani brand - “Behrouz Biryani”. Before this stint, he worked as an investment banker & advisory in the Consumer and Retail sectors.
In his free time, Revant spends his time mentoring young founders & marketers in building new age consumer brands and decoding the Indian consumer. Revant has a Masters in Business Administration from IIM Kozhikode.
The best part of the platform is the fact that any company; whether it's at seed stage or Series B, can be a potential partner.
What makes the job exciting
The best part of this job is the time spent working with entrepreneurs. It is quite energizing to work with people with huge dreams backed with the courage to try different things every day. Some people think that VCs only invest money, but it's actually a very emotional journey to face the high's and low's with multiple founding teams at the same time. You also build special relationships with entrepreneurs once you work with them over multiple years, partaking in the journey helps you build a bond that outlasts a lot of others. This job also has a lot of ambiguity, where one has to make decisions with imperfect information, especially at the seed stage which can be tough. But as there are no rewards without risks, one gets rewarded to discover good businesses before it’s obvious to the rest of the market.
Views on entrepreneurship
Entrepreneurship in India has evolved over the past 15 years. Today's generation is fearless, thinks global, and is getting better at building world-class teams. There is a sense of confidence today that didn’t exist a decade ago when the first generation of new age businesses were being built in the Country. While the opportunities and the talent to address those are increasing, it's critical that entrepreneurs' remain focused and not get tempted by competition or adjacent opportunities. The best companies get built when team's remain focused on the core problem and work towards providing the best possible solution even if it keeps changing over a period of time.
Thoughts on startup success
There is no set rule to create a successful enterprise but I have found that entrepreneurs who are ready to fail and learn from those failures every day and be fundamentally open-minded, see things very differently and are able to find the white-spaces and capitalize on them. They are always ready to learn and adapt and always embrace the imperfections of a business. Founders from successful companies also think more about impact than those who do it for the money. The best founders also replicate this thought process setting the right culture in the team that they build over a period of time.
What I like about Kalaari
It's a great thing to be part of the team that has worked with some of the defining companies of our first wave of start-ups in India. The firm's view on promoting learning across functions enables a strong culture of collaboration and discussing new ideas which is essential to succeed in this business. One of the strongest pillar's for us is that the firm comes first, which really leads to great ideas coming from unlikely sources. The strength of the brand and the love of our portfolio founders also gives me a great opportunity to meet talented people who can tell us what the world is going to be like in the future. The best part of the platform is the fact that any company; whether it's at seed stage or Series B, can be a potential partner.
RT @singh_sequoia : For those investors who are truly backing startups for 10 years or more, it’s going to be an amazing run this next decad…@RevantB