“$20 billion could be spent in India every year on non-formal learning by indie entrepreneurs”

Elevation Capital’s Mayank Khanduja misses the chance encounters with start-up founders but is glad for unexpected opportunities

A venture capitalist walks into a bar... few years later, the bar is a restobar serving world cuisine and hosting live shows that discover indie bands. VCs are constantly looking for opportunities, even when out to have a drink or when the rest of the world is down with a flu. In this pandemic, Elevation Capital’s (formerly SAIF Partners) managing director Mayank Khanduja has kept a keen eye out for tappable trends and found some. In this conversation with Outlook Business, Khanduja shares the learning from managing such an unprecedented crisis and why his optimism is still intact.

Which sector surprised you this year, and which disappointed you?