EP#63 Mark Kahn – Investing in startups building for the rural economy, identifying founders that scale and staying relevant as a venture investor
Listen now
Description
In this episode, Mark Kahn (Managing Partner, Omnivore), joins our host Digjay, to talk about his path leading up to Omnivore, Omnivore’s investment thesis and evolution of the agritech opportunity in India, how and why India stands out compared to other global agritech markets, attributes of founders that are able to scale & raise follow-on rounds, the case against investing in solo-founder led startups, staying relevant as a venture investor, importance of finding a wedge as a first time VC and more. Founded in 2010, Omnivore invests in early-stage startups developing breakthrough technologies for agriculture, food, climate, and the rural economy. The firm recently announced the launch of its 3rd fund at $130mm. Omnivore was one of the first agri-focused VC funds from India, and has previously backed some stellar startups like DeHaat, Reshamandi, Stellapps, AgNext, Bijak, AGRIM, Eruvaka, Pixxel, and Animall among others. Prior to Omnivore, Mark led Strategy & Business Development at Godrej Agrovet, one of India’s foremost diversified agribusiness companies and worked at Syngenta and PFM early in his career. An HBS alum, Mark is also the Co-Chairman of the Confederation of Indian Industry (CII) Task Force on Agri Startups and a member of the Governing Council of the Maharashtra State Innovation Society. You can connect with Mark here on Linkedin / Twitter. ---- (01:15) Mark’s background & path leading up to Omnivore (04:08) Omnivore’s investment thesis (11:27) Evolution of the agritech opportunity in India (13:31) Why India stands out compared to other global agritech markets? (19:21) Portcos that are building the foundation for the agritech ecosystem in India (24:36) Attributes of founders that are able to scale & raise follow-on rounds (26:41) The case against investing in solo-founder startups (30:39) Approach to deal flow and follow-on investments (32:56) Staying relevant as a venture investor across multiple cycles (35:52) Importance of finding a wedge as a first time VC (38:41) How has being a VC influenced Mark’s personality over the years? (39:18) Rapid fire and closing remarks ---- If you liked our episode, you can subscribe to our podcast on any podcast platforms of your choice (like Spotify & Apple iTunes). We would appreciate if you could leave us a review on Apple iTunes. This helps others discover the podcast organically. You can visit thevcpreneur.com and follow us on Twitter @thevcpreneur_ & Instagram @thevcpreneur for more episodes and interesting insights on the startup ecosystem. You can also follow our host Digjay here on Linkedin & Twitter
More Episodes
In this episode, Arpit Maheshwari, Principal @Stellaris Venture Partners, joins our host Digjay, to talk about his background and path leading up to Stellaris, the investment philosophy at Stellaris and the journey from Fund I to Fund II, stand-out attributes of select founders from Stellaris’...
Published 04/09/23
In this episode, Vishesh Khurana, Co-Founder @Shiprocket, joins our host Digjay, to talk about his background and path leading up to Shiprocket, macro tailwinds that shaped Shiprocket’s evolution and its current product stack, challenges faced when scaling up Shiprocket, empowering leaders and...
Published 03/26/23