Former Snapdeal Chief Product Officer Invests Undisclosed Amount in LetsVenture
LetsVenture is India’s largest marketplace for startup funding and its objective is to maintain this position.
Anand Chandrasekaran, who is currently driving Platform & Product Partnerships at Facebook, invests an undisclosed amount in LetsVenture, India's largest fundraising platform for startups. Anand, who has also been the CPO at Airtel & Snapdeal before this, brings in tremendous experience in understanding how to build platforms that become the backbone for creating large networks, with the ability to interconnect other industry players.
He has made over 35 investments in Consumer internet, B2c and p2p Marketplaces, Fintech and SaaS on LetsVenture. Anand's portfolio of startups too reflects this affinity to building platforms, be it Innov8, Aisle or Makkajai, he has invested in startups that have the potential to bring together disparate communities of people together towards a common vision. Snapdeal, Netmeds, Nobroker and Wooplr are in the top 100 startups in India as per Yourstory.
Anand is usually one of the earliest investors in in the company and has already made 5 investments in 2017. Needless to say, his investments also serve as a form of validation to the path that these startups have embarked on.
“LetsVenture is India’s largest marketplace for startup funding and our objective is to maintain this position. Anand brings extensive experience and expertise on online marketplaces. Anand's entrepreneurial journey helps him lend experience and share his own learnings with entrepreneurs. He is an active angel investor and works closely with his portfolio companies, opening up new opportunities and doors. Anand’s association with LetsVenture will help us increase our investor base in the US and build presence there,“ said Shanti Mohan, Founder & CEO, LetsVenture.
Anand will be part of LetsIgnite 2017, one of India's largest angel-investor focused conference, that is being held on 16-17 March 2017 at the Sheraton Grand in Bengaluru. The overarching theme for this year is ‘Building an ecosystem that is conducive for Exits’ which is a burning need as we mature as an ecosystem. Anand will be a panelist for the ‘Angel primer 2.0’ session along with Anupam Mittal of People Group. The session will focus on ‘how to select startups for exits’.
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