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COVID has hurtled India two-three years forward in its digital evolution: Norwest India’s Niren Shah


Norwest Venture Partners is a unique investor in India, straddling private equity and venture capital. Its investments include the National Stock Exchange, Yatra.com, Swiggy and Pepperfry. In a phone interview, Niren Shah, Managing Director and India Head of Norwest, speaks to Moneycontrol’s M. Sriram on investing during a pandemic, new opportunities, valuation challenges and the importance of timely exits. Edited excerpts:


Q) You are one of the few investors involved in both traditional private equity and venture tech. Has the pandemic changed that?


Our thesis at Norwest India of doing growth equity investments and venture capital investments (from Series B onwards) has not changed and remains absolutely the same. However, COVID has definitely helped us all realise that the Indian digital ecosystem has got a massive impetus and that we have been hurtled at least two-three years forward in our digital evolution.

Read More https://www.moneycontrol.com/news/business/exclusive-covid-has-hurtled-india-two-three-years-forward-in-its-digital-evolution-norwest-indias-niren-shah-5696401.html

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