10 years, 100+ investments, 8 exits: Journey of Abhishek Rungta, Founder, Seeders VC & Indus Net

When you hear the word Startups & Angel Investing, which cities do you most commonly think they are based out of? Bengaluru, Delhi / Gurugram, Mumbai, or Chennai. The guest of our today’s episode, Abhishek Rungta clearly breaks this stereotype. Back in 1997, when he was still in his graduation, he had two options post college - - Join his father’s family business in Jute Trading- Start something totally unexpectedAnd that’s exactly what he did, he founded Indus Net Technologies from Kolkata, completely bootstrapped, which today has 200+ active clients across Banking, Financial Services, Insurance, Retail, Publishing, Media, Government, Healthcare and Entertainment sectors in five continents.Today his company has an ARR of $11Mn, and offers services in verticals such as:- Integrated Digital Marketing Services- Cloud Application Development (CMS, CRM, E-Commerce, ODC, OPD)- Enterprise MobilityIn parallel to this, he also started as an Angel Investor and later as an LP. During the episode, Abhishek talks about the crux of his journey as an investor, his learnings along the way, what mindset he currently carries as an investor and much more.Notes - 01:07 - Family Business Background - Jute Trading03:48 - Acquiring a global client base from Kolkata06:50 - His journey in Angel Investing12:13 - valley of despair in investing15:14 - Thesis: Investing in 2nd time founders22:05 - Diversifying your investments33:01 - Learnings to intake as an LP35:11 - Investors’ whose thesis he looks up toSend us Fan Mail