More capital will come in if it’s easy to take out as well: Roshan Francis Padamadan
Luminance Global Fund founder on why he is bullish on some private firms, the Indian equity markets and hurdles to ease of doing business in India
Singapore: Venture capital (VC) investments in Indian start-ups more than doubled in 2015, but VC firms alone cannot solve the massive capital shortage in the country, says Roshan Francis Padamadan, fund manager and founder of Singapore-based Luminance Global Fund. “Money with an ability to absorb risk becomes capital. India has plenty of money, but not enough capital," Padamadan said in an interview.