Capital Allocators – Inside the Institutional Investment Industry Dan Tennebaum - The Case for India at India Capital (EP.387)
11 snips
May 23, 2024 Dan Tennebaum, Managing Director at India Capital, has spent 25 years navigating India's investment landscape. He shares his unique transition from venture capital to public equities, detailing the challenges in evaluating management integrity and sourcing quality investments. Tennebaum emphasizes India's advantages over markets like China, highlighting its fragmented public markets rich with potential. His insights on government regulations and the importance of a research-driven approach illuminate the hidden opportunities in sectors like banking and real estate.
AI Snips
Chapters
Transcript
Episode notes
Unexpected Path to India
- Dan Tennebaum's career path to India was unexpected, driven by happenstance and connections.
- He transitioned from Bain & Company to a small startup in Mumbai after advice from Indian colleagues.
Early Success in Outsourcing
- Tennebaum's initial role involved selling outsourcing services to Indian companies, a surprisingly smooth process.
- He scaled the business to hundreds of clients and millions of monthly transactions.
Challenges and Opportunities in 1990s India
- Doing business in 1990s India presented challenges, from basic infrastructure to bureaucratic hurdles.
- Despite these, Tennebaum was captivated by the dynamic environment and emerging economic potential.