Thrill seeker, biking addict, lover of the great outdoors. Regularly spotted with a delicious bowl of salad.
The endurance man. Here’s a man who rode his bicycle from Mumbai to Pune and back non-stop for over 13 hours and then trekked to Everest Basecamp the same week. If he can take on a challenge like that, the task of building businesses in challenging and chaotic markets is child’s play.
After Wharton, Prashant cut his teeth in the dog-eat-dog world of finance at Lehman Brothers where he understood the art of investing in emerging markets. Keen to learn more about how technology was changing the world, he moved to Silicon Valley to join Yahoo! where he ultimately led the commercial operations of the Emerging Markets group to generate over $150 million in annual revenues.
Having seen the promise of technology in emerging markets, Prashant and his family moved to Mumbai in the midst of the world financial crisis to lead an early stage technology start up – Komli Media. Over the next five years, first as COO and then as CEO, Prashant led an incredibly talented team to position Komli as Asia’s leading advertising technology company. Along the way, they grew revenues 50x and expanded into 10 new international markets. Prashant now spends his days chasing down the next big thing. If there's an idea more challenging than attempting Everest, Prashant is prepared to take it up that mountain.
@pmehta01
What does failure mean to you? Failure is an opportunity to get stronger and help you make better decisions during tough times. It is also a great time to reflect.
What’s your super power?To listen, to be patient, and lastly, to not take myself too seriously.
Which is your favourite city in the world?Tokyo and Ho Chi Minh.
If you weren’t a venture capitalist, you’d be... An entrepreneur today and a math teacher / world cycler tomorrow.
The fresh produce we eat changes hands 5-8 times before reaching its final destination. This means that farmers get little transparency on the value of their crop because, in most cases, it takes 20-30 days for them to receive payment. Stack all these inefficiencies one on top of the other, and literally 30%-40% of the food produced in India goes to waste – the highest rate in the world!
Across boardrooms and TT tables, discussions still focus on valuations, fundraising and unicorns. Stop it. It’s time to focus on building real businesses and stop worrying about valuation.
Real Time Bidding has dramatically changed the way the digital media industry buys and sells media.
That’s what Embibe taught me over the last four years, as an investor and advisor.
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