introduction to the hive india by arihant patni - the hive india event
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The Hive India
September, 2013
Fund & Launch Big Data Startups
What is THE HIVE INDIA?
• New early stage startup funding and launch entity • Based in Mumbai/Bangalore • Focused on analytics, applications and services
for Big Data • Co-founded by Amit and Arihant Patni (ex-Patni
Computers)
Big Data Technology Guidance
Partnerships
US Go-To-Market Business Design Funding
Team of Proven Company Builders
The Opportunity with Big Data
2.5 Exabytes of data created
TODAY
• Data is proliferating from multiple sources, at high rates and in massive volumes.
• Unstructured, business process and machine data are being used to drive decision making.
• Every industry will be radically transformed in the next 5-10 years with the use of data.
• Big Data market is expected to grow to $55B by 2017. (McKinsey)
Combination of Two FORCES
Patni Family • Leveraged key inflection point in Indian IT
industry in the 70’s and 80’s. • Post exit of Patni Computers in 2011, investing
in new waves of technology innovation. • Nirvana Venture Advisors to bet on internet in
India. • The Hive to bet on Big Data.
Combination of Two FORCES
The Hive Silicon Valley • Co-creating data-driven businesses along
with the who's who of the tech industry • Team of proven company builders to launch
companies • Successful serial entrepreneurs • Investment team behind $B’s of exits • In-house Big Data technology team
• Strong Big Data Brand and Ecosystem
Acquired by Jive Software
Acquired by CA
Acquired by Iron Mountain
THE HIVE Silicon Valley Team
Sample Big Data Investments Founders
Technology Investments
$650M early stage fund invested in PayPal, Overture, Internet Brands
Acquired by VMware Acquired by VMware
Team
T. M. Ravi (Founder) - Founder & CEO of Mimosa, Peakstone, Media Blitz. Operating Roles; Iron Mountain, CA, Cheyenne, HP.
Sumant Mandal (Founder) - Managing Director Clearstone ($650 M early stage fund). Co-created companies Rubicon, Cetas, Mimosa, Ankeena, Kazeon.
Lance Riedel (CTO) - Jive Software, Proximal Labs, Yahoo, Verity. Involved with Hadoop when team was less than 5 people. Large Scale System Expert.
Jim Armstrong (Investment) - Founder & MD, Clearstone. Investments: Integrien (acquired by VMware), PayPal, United Online, Internet Brands.
Craig Roah (Co-Creator) - Founder Rubicon Project. VP of Product L90 (sold to DoubleClick). Media & Advertising Expert.
Pashu Christensen (Marketing) - Orange, RebellionLab, Conseils-Plus.
Arihant Patni - Managing Director, The Hive India Patni Financial Advisors, Co-Founder Nirvana Venture Advisros, ex-Patni Computers.
The Hive India –Investment Thesis
• Engage with entrepreneurs/young companies who have
• Deep domain experience • Desire to develop data-driven solutions
• Strong management teams • B2B or B2B2C play • US target market • Product/Services
The Hive India – Value Proposition
Capital Initial capital and access to sources of future capital
Partner Ecosystem Access to strategic partners
Business Design Enhance management bandwidth & help with market validation and business plan
Clients Access to clients through our network of partners
Access to Silicon Valley Technology stack to accelerate product development. Engagement with thought leaders in the Big Data community.
Unique structure to fund and launch Big Data companies in India
The Hive India
September, 2013
Fund & Launch Big Data Startups