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After investing in social commerce platform Meesho<\/a> last year, Facebook announced its second investment in learning platform Unacademy<\/a> last week.
Mohan said Facebook will make more investments in companies that are 'creating huge disruption which is good for India.'
\"There is momentum building up on our investment programme here. These minority investment programmes are part of a larger strategy in India that is quite investment heavy; that is quite focused on entrepreneurship,\" he said.
In June last year, Facebook had announced an equity investment in reselling platform Meesho<\/a>, and while the company did not divulge the quantum of investment, ET had reported that the investment was in the range of $20-25 million. Learning platform Unacademy<\/a> had announced last week that it had raised a new round of funding<\/a> of $110 million with new investors such as Facebook, General Atlantic along with Sequoia India, Nexus Venture Partners, Steadview Capital, and Blume Ventures.
‘Facebook doesn't normally make minority investments, in startups, anywhere in the world…Hence, India in many ways is an exception. And we started last year with the objective of, saying how can we help accelerate the entrepreneurship and startup agenda in the country over and beyond of what we do as the Facebook family of apps every day,” said Mohan.
Mohan said the company is not looking at these investments from a sectoral point of view. In 2019, Facebook also announced the VC Brand Incubator initiative to accelerate the growth of early-stage small and medium businesses in India by collaborating with venture capital funds. In the past, the VC Brand Incubator programme has tied up with various venture capital funds such as Sauce.VC, Fireside Ventures, and SAIF Partners.
Mohan said while Meesho is doing ‘tremendous work’ in bringing female entrepreneurs online for the first time, the live clas format stands out for Unacademy- which has more than 18 million learners and about 10,000 educators.
“The pattern that you should read from these two investments and some of the new ones that are going to be announced is not that we're looking at specific sectors and saying, how can we invest in sectors or make investments that have some kind of a specific self interested agenda for our family of apps,” he said.
“I think the, the big thematic is, can these companies create huge disruption that's good for India and are they exploring models that are critical for India? So, it happens to be that one of them was social commerce and the current one is education, but it is not led by the category. Instead it's led by the theme of how can we be helpful to disruptive models that are really good for India,” he added.
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后投资社交商务平台Meesho去年,Facebook宣布其第二学习平台的投资Unacademy上周。
莫汉说,Facebook将赚更多的投资公司创造巨大的混乱,这是有利于印度。
“这里有动量建立在我们的投资计划。这些少数股权投资项目更大战略的一部分投资在印度很重;非常专注于创业,”他说。
去年6月,Facebook宣布转售的股本投资平台Meesho,虽然该公司并未透露量子的投资,等报道,投资是在20 - 25百万美元的范围。学习平台Unacademy上周宣布了新一轮的吗资金与Facebook等新投资者的1.1亿美元,通用大西洋连同红杉印度,Nexus Venture Partners, Steadview资本,布鲁姆企业。
通常的Facebook不让少数股权投资,在创业公司,在世界任何地方…因此,印度在很多方面是一个例外。去年开始,我们的目标,说我们如何帮助加速全国创业和创业议程之外,我们每天都做的Facebook的应用程序,“莫汉说。
莫汉表示,该公司并不是看这些投资从一个部门的观点。2019年,Facebook也宣布VC品牌孵化器计划加快在印度早期的中小型企业的发展与风险投资基金合作。在过去,VC品牌孵化器项目与酱等各种风险资本基金。VC,炉边企业,赛义夫伙伴。
莫汉说,虽然Meesho做“巨大的工作”首次将女企业家网络,现场同学格式突出Unacademy——拥有超过1800万名学生和大约10000名教育家。
”的模式,应该从这两个投资和一些新的要宣布不在于我们看具体部门和说,我们如何投资部门或投资某种特定的自我感兴趣的议程的应用为我们的家庭,”他说。
大的主题是“我认为,这些公司可以创建巨大的破坏,对印度和他们探索模型对印度至关重要吗?所以,这恰好是其中一个是社交商务和当前的一个教育,但不是领导的类别。相反,它是由如何有助于颠覆性的主题模型,很好的对印度,”他补充道。
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