Posted by : The Caspian Debt Team Indians don’t have a private equity mindset, says Viswanatha Prasad
After a career in mainstream financial services, Viswanatha Prasad launched Caspian in 2004, with a first round of funding of around Rs 100 crore, and invested in Ujjivan, Janalakshmi and Equitas, the three big winners that are transforming into small finance banks. Caspian is now raising its fourth fund and looking to invest in food and agriculture, clean energy and energy efficiency and financial services. Prasad, managing director of Caspian, spoke to Anjuli Bhargava on why so little Indian money flows into the impact sector.