A vibrant venture capital ecosystem is contributing to the spurt of innovative business models.
What is common between Romesh Wadhwani, Gururaj Deshpande, Sabeer Bhatia and Krishnan Ganesh? They are not only successful entrepreneurs but are also successful serial entrepreneurs.
A serial entrepreneur, according to the Wikipedia definition, is one who continuously comes up with new ideas and invests in new businesses. While there is no data on serial entrepreneurs in India, industry experts say the trend is on the rise.
While some believe that a more vibrant and mature venture capital eco-system in India is contributing to the trend, others say interesting business models that have developed over time has made the difference. Internet is one such area that has seen a spurt in activity from entrepreneurs to repeat their success.
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Author: Shivani Shinde