Ajay Hattangdi's guest appearances

Ajay Hattangdi

The Neon Show

Prime Venture Partners Podcast

#DamaniTalks

Shripati Acharya

Beerud Sheth

Prasad Kompalli

Abhishek Rungta

Paras Chopra

Vidit Aatrey

Vijay Arisetty

Ashu Garg

Miten Sampat

Dheeraj Pandey

Nandan Nilekani

Karthik Reddy

Vishal Gupta

Rajesh Jain

Priya Krishnan

OwlTail

Alteria Capital is India’s largest Venture Debt fund, focused on innovative startups backed by strong VC sponsors. They provide financial solutions to help entrepreneurs transform and grow their businesses to their full potential.    Ajay Hattangdi founded the company in 2018 and has been an expert in the venture lending space since 2005. Alteria Capital marks the 3rd startup he has founded under his belt. He has also founded a non-profit called Praja Foundation, which conducts research and provides information on civic issues to citizens, media, and government.  Here's what you can expect to learn from this episode: • Why did Ajay go to the U.S. for his education and make the conscious decision of returning to India, even though he could have gotten a higher paying job among other perks? • What made his first job at Citibank a high-stress environment, and why wasn't it what he thought it be like? What life lessons did he take away from his 12-year experience at Citibank? • How did Ajay convince his superiors at Citibank to invest in a new line of business — venture debt. What were the challenges of establishing this project in India at a time where there were only a handful of venture capitalists? • Why did Ajay quit his comfortable job at Citibank to start his own venture debt fund? How did he convince his wife and his peers that this was a good idea? How long did it take to do the market research and talk to experts in the industry? • Why is the team such an important factor when starting a business? What is the difference between a bad-performing employee and a bad employee?  • How does Alteria get ahead of its competition and not just provide startups with capital, but a holistic approach to supporting their portfolio companies?   ---   Send in a voice message: https://anchor.fm/damanitalks/message Support this podcast: https://anchor.fm/damanitalks/support

<a href="http://alteriacapital.com/" rel="nofollow" target="_blank">Alteria Capital </a>is India’s largest Venture Debt fund, focused on innovative startups backed by strong VC sponsors. They provide financial solutions to help entrepreneurs transform and grow their businesses to their full potential.   <a href="https://www.linkedin.com/in/ajayhattangdi/" rel="nofollow" target="_blank">Ajay Hattangdi </a>founded the company in 2018 and has been an expert in the venture lending space since 2005. Alteria Capital marks the 3rd startup he has founded under his belt. He has also founded a non-profit called <a href="https://www.praja.org/" rel="nofollow" target="_blank">Praja Foundation</a>, which conducts research and provides information on civic issues to citizens, media, and government. Here's what you can expect to learn from this episode: • Why did Ajay go to the U.S. for his education and make the conscious decision of returning to India, even though he could have gotten a higher paying job among other perks? • What made his first job at Citibank a high-stress environment, and why wasn't it what he thought it be like? What life lessons did he take away from his 12-year experience at Citibank? • How did Ajay convince his superiors at Citibank to invest in a new line of business — venture debt. What were the challenges of establishing this project in India at a time where there were only a handful of venture capitalists? • Why did Ajay quit his comfortable job at Citibank to start his own venture debt fund? How did he convince his wife and his peers that this was a good idea? How long did it take to do the market research and talk to experts in the industry? • Why is the team such an important factor when starting a business? What is the difference between a bad-performing employee and a bad employee?  • How does Alteria get ahead of its competition and not just provide startups with capital, but a holistic approach to supporting their portfolio companies?  --- Send in a voice message: <a href="https://anchor.fm/damanitalks/message" rel="nofollow" target="_blank">https://anchor.fm/damanitalks/message</a> Support this podcast: <a href="https://anchor.fm/damanitalks/support" rel="payment nofollow" target="_blank">https://anchor.fm/damanitalks/support</a>

Episode XX - Ajay Hattangdi, F(o)under of Alteria Capital

Ajay Hattangdi is the co-founder &amp; Managing Partner at Alteria Capital.Ajay is one of the early pioneers of the Indian venture ecosystem and has worked with startups for over 20 years. He started the country’s first venture debt program in 2005. He is currently the co-founder and managing partner at Alteria Capital. Prior to co-founding Alteria Capital in 2017, Ajay was the founding CEO of SVB India Finance, India's first and largest provider of alternative financing solutions to venture backed companies. He led SVB India as CEO from 2007 through a buyout in 2015 following which, SVB India was renamed InnoVen Capital. Through the next phase of his work at InnoVen Capital, he was responsible for introducing venture debt in other markets in Asia, having set the strategy and supervised the Group’s expansion into South East Asia and ChinaListen to the podcast to learn about:1:31- Ajay's journey from Citibank to Alteria Capital2:38- What is venture debt?4:45 - Value proposition of Venture debt7:30 - Where can you use Venture debt8:30 - What is the right time for an entrepreneur to think about Venture debt12:00 - Assessing a company looking to raise Venture debt14: 34 - Best time for a company to raise Venture debt17:38 - What are the downsides of taking venture debt19:25 - How a venture debt firm evaluates23:40- What are the interest rates, equity warrants, duration27:11- Myths and misconceptions about venture debtRead the complete transcript hereEnjoyed the podcast? Please consider leaving a review on Apple Podcasts and subscribe wherever you are listening to this.Follow Prime Venture Partners:Twitter: https://twitter.com/Primevp_inLinkedIn: https://www.linkedin.com/company/primevp/This podcast is for you. Do let us know what you like about the podcast, what you don't like, the guests you'd like to have on the podcast and the topics you'd like us to cover in future episodes. Please share your feedback here: http://primevp.in/podcastfeedback

<a href="https://www.linkedin.com/in/ajayhattangdi/" rel="nofollow" target="_blank">Ajay Hattangdi</a> is the co-founder &amp; Managing Partner at <a href="https://www.alteriacapital.com/" rel="nofollow" target="_blank">Alteria Capital</a>. Ajay is one of the early pioneers of the Indian venture ecosystem and has worked with startups for over 20 years. He started the country’s first venture debt program in 2005. He is currently the co-founder and managing partner at Alteria Capital. Prior to co-founding Alteria Capital in 2017, Ajay was the founding CEO of SVB India Finance, India's first and largest provider of alternative financing solutions to venture backed companies. He led SVB India as CEO from 2007 through a buyout in 2015 following which, SVB India was renamed InnoVen Capital. Through the next phase of his work at InnoVen Capital, he was responsible for introducing venture debt in other markets in Asia, having set the strategy and supervised the Group’s expansion into South East Asia and China Listen to the podcast to learn about: 1:31- Ajay's journey from Citibank to Alteria Capital2:38- What is venture debt?4:45 - Value proposition of Venture debt7:30 - Where can you use Venture debt8:30 - What is the right time for an entrepreneur to think about Venture debt 12:00 - Assessing a company looking to raise Venture debt14: 34 - Best time for a company to raise Venture debt17:38 - What are the downsides of taking venture debt19:25 - How a venture debt firm evaluates23:40- What are the interest rates, equity warrants, duration27:11- Myths and misconceptions about venture debt Read the complete transcript<a href="https://docs.google.com/document/d/1n4p4WPnlgLQ9oHnw_XBT2Jz6moNAbCrA_ktEgVIaUd4/edit" rel="nofollow" target="_blank"> </a><a href="https://primevp.in/content/podcast/demystifying-venture-debt-ajay-hattangdi-managing-partner-alteria-capital/" rel="nofollow" target="_blank">here</a> Enjoyed the podcast? Please consider leaving a review on Apple Podcasts and subscribe wherever you are listening to this. Follow Prime Venture Partners: Twitter: <a href="https://twitter.com/Primevp_in" rel="nofollow" target="_blank">https://twitter.com/Primevp_in</a> LinkedIn: <a href="https://www.linkedin.com/company/primevp/" rel="nofollow" target="_blank">https://www.linkedin.com/company/primevp/</a> This podcast is for you. Do let us know what you like about the podcast, what you don't like, the guests you'd like to have on the podcast and the topics you'd like us to cover in future episodes.  Please share your feedback here: <a href="http://primevp.in/podcastfeedback" rel="nofollow" target="_blank">http://primevp.in/podcastfeedback</a>

#40 Demystifying Venture Debt with Ajay Hattangdi Managing Partner Alteria Capital

Ajay Hattangdi is Managing Partner and Co-founder of Alteria Capital, India’s largest venture debt fund. Ajay started the country’s first venture debt program while at Citibank in 2005. He subsequently went on to create the first dedicated venture debt business in the country as the founding CEO for InnoVen Capital’s flagship India NBFC which he ran from 2007 to 2017. Alteria Capital was started by Ajay Hattangdi and Vinod Murali in 2018. It has invested in almost 20 companies including Stanza Living, Dunzo, Universal SportsBiz, ZestMoney. Vogo, Country Delight and Toppr among others.  Here are some of the key takeaways from the podcast:1.       Venture debt is very helpful for companies to add to their cash runway between equity rounds. It can help the startup improve valuations while minimizing dilution when taken as part of an equity round. Companies should not take venture debt where there is a binary element to their business or if the business model is still in the proof of concept stage.2.       Entrepreneurs should not underestimate the importance of serendipity in achieving success. Serendipity is the combination of preparedness and timing. Once you have the opportunity and the timing is right, execute the heck out of it.3.       It is very important for entrepreneurs to balance passion with cold logic to chart the path forward in their business. Passion provides the fuel that entrepreneurs need to obsess about their companies and drive forward relentlessly. But entrepreneurs that work with only pure passion may miss the signs that the business is off course. Knowing how to balance these two forces is critical for success.4.       The best teams always include people with complementary skills which compensate for each other’s weaknesses. Build your teams accordingly.5.       The best advice is to find something you enjoy doing, stay curious, not be afraid to revise your thinking if the facts change, take ownership for your mistakes, and don’t take life so seriously.

Ajay Hattangdi, Co-Founder Alteria Capital, India's largest Venture Debt Fund