Being an Indian entrepreneur is known to be difficult, both within and outside the country for Indians. India’s regulatory and legal framework creates issues for entrepreneurs and investors in the country and foreign countries alike, states a study done by Inventus Capital Partners.
While a reactionary approach to legislation and volatility in laws are the prime reasons within the country, cross-border laws and regulations make trading and investment difficult in and with other countries.
The solution is simple - simplify tax rules and liberalize labour laws.
Manu Rekhi is a partner at Inventus Capital Partners, an early-stage venture capital firm focused on international investments. Manu has been active with Inventus since 2008, informally diligencing new investments as well as co-investing in, advising and mentoring entrepreneurs. Most recently, he was VP of Products at NewsCorp’s Digital Division. An executive-turned-investor, Rekhi also oversaw strategy Lolapps, worked on the product team at Google, and led product at AHWY (IPO) and 123 Signup.