The investment ecosystem in India is improving and investors are ready to take a bet on start-ups, according to venture capitalists, who also see potential in platforms based on foundational technologies like Artificial Intelligence and Blockchain.Participating in a panel discussion titled "Funding and Investment: How and When? "I believe that a founder should be very cautious that funding is resorted to only when he or she is convinced that they are about to hit revenue stage. ""Our role is just to find a funding for the firm. Founders need to be extremely clear that what kind of investor they want. "A large part of our evaluation would be that if you are building a blockchain company, are you actually building a distributed app that is solving a particular problem.
Source: Economic Times April 07, 2018 12:45 UTC