The time has come…
This is a text of the speech that Sarath Naru, Managing Partner, VenturEast, delivered at the BYST Growth Fund launch function.
Welcome to the Honourable Minister, Shri Malla, Shri Sinha, Shri Viswanathan, Shri Prabhakar, Shri Gopal Srinivasan, well wishers, entrepreneurs and mentors, the media, and my colleagues from BYST and VenturEast.
Sarath with Hon'ble Minister Shri. P. Chidambaram during the launch function
If a commercial, crass vulture capitalist like us, Ventureast; If a non-profit organization like BYST; If sophisticated institutions both international and domestic that typically focus on big initiatives not small ones like ours, such as the IFC and SIDBI; If Industry captains such as Prabhakar of Newgen, Kris Gopalakrishnan of Infosys, Dr. Anji Reddy of Dr. Reddys; and others pick this effort despite many other worthy options to support; If eagerly sought after IIT and IIM graduates such as Pranay and Snigdha come and work for a pittance; If a leading micro-equity fund manager like Aavishkaar can join in; And finally, and importantly, if an important Minister follows an initiative from his past portfolio despite the huge commitments of the current portfolio, and if all these have come together, then the time must have come !
Posted by admin on January 27th, 2009 :: Filed under BYST Growth Fund, Launch function, Sarath Naru