Indian startups need more patient capital beyond VC cycles. Rainmatter’s Dinesh Pai explains why

Dinesh Pai, who leads Zerodha-backed Rainmatter's venture investments, says Indian startups need more patient money, since wealth creation often runs past the usual seven-to-eight year venture capital cycle. He points to evergreen funds, which have no fixed end date. This matters most to early-stage founders still building their team. So look for backers who understand your sector and stay invested for the long run.