Business
Pratik Poddar having his roots back in a Tier-II city, Patna, is probably one of the youngest Principals at a VC firm in India. After having multiple entrepreneurial stints, Pratik joined Nexus Venture Partners, in 2015 as an Investment Associate and has grown tremendously since.Some of Nexus Venture Partners’ portfolio companies include - Zolo, Postman, and Unacademy among others.In this podcast, Pratik shares his experience of identifying potential Edtech Startups in India and adding them to his Portfolio. Notes - 01:29 - Focus on Product-first companies in the Portfolio05:35 - How Edtech startups made themselves resistant from Covid-19?07:46 - Edtech Companies in Portfolio - Unacademy, WhiteHat Jr., and Quizizz among others09:58 - Monetization & Growth Journey of Unacademy with 1200+ Cr. Annual Revenue11:08 - TestPrep Market Scenario & Opportunities in India21:30 - Investing in WhiteHat Jr. a very new concept in Edtech41:25 - Untapped Opportunities in early school for Edtech 49:02 - How big is the potential market for “Pay After Placement model” startups like Newton School?52:45 - 3 Key Qualities VCs look for in Edtech Entrepreneurs