Lee Fixel: A constant in India’s big startup moments
Live MintMumbai: Unlike a lot of startup investors in India, Lee Fixel is celebrated not merely for how much he invested in the country, but for the time in which he invested, the exits he made, and the sheer impact he had on a new sector that looked like it was running out of steam. “His impact on the late-stage venture capital ecosystem has been nothing short of transformational,” says Niren Shah, managing director, Norwest Venture Partners India, which has co-invested with Fixel in several deals, including in online classifieds portal Quikr, one of India’s earliest unicorns. He does his homework like no one else and closes deals faster than anyone else,” says Sasha Mirchandani, managing partner, Kae Capital, and one of India’s earliest startup investors. “Fixel made the Flipkart exit possible an enormous milestone for the startup ecosystem and investors’ and founders belief in it,” said Abhay Pandey, general partner at A91 Partners, a $300 million venture fund set up by him and two of his fellow managing directors from Sequoia Capital. “He supported Flipkart during a very challenging period…,” said Ashish Dave, who heads venture capital investments for Mirae Global Asset Management in India.
History of this topic
Lee Fixel sets sights on Indian startups again, may invest $1 billion
Live Mint
After Lee Fixel exit, Tiger Global prowls for B2B startup deals in India
Live Mint)
Lee Fixel resigns as chief of private equity at Tiger Global Management; may start investment firm
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