Innoven Capital India CEO on VC Bubble, next set of ‘unicorns’

According to Ashish Sharma, CEO of Innoven Capital India, there is no VC bubble now. He goes on to say that the early stage valuations in India are a little rich, but Series B and Series C valuations are reasonable due to depth of investors available at different stages. The next set of Unicorns will come from India-centric models, where business models are built on problems that are India specific, he adds.