Lawrence "Larry" Jen, CFA 任乐思

This article, co-authored by Vardaan Ahluwalia and me lays out India's significant new Research Development and Innovation Fund initiative in the context of other successful interventions: when governments and the private sector work together, they can make a transformative difference to deep technology entrepreneurship. Equally, initiatives to help manage financial risk should be followed by structural reforms in areas ranging from intellectual property regulation, ease of clearances for start-ups, tax rationalization in capital gains and options that helps start-ups attract talent, and a visa regime that attracts leading global researchers. https://lnkd.in/gk92YSZa

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𝗕𝗲𝘀𝘁𝘃𝗮𝗻𝘁𝗮𝗴𝗲 𝗥𝗲𝗰𝗲𝗻𝘁𝗹𝘆 𝗙𝗲𝗮𝘁𝘂𝗿𝗲𝗱 𝗼𝗻 𝗨𝗦𝗔 𝗡𝗲𝘄𝘀 We’re proud to share that Bestvantage Investments was recently featured in USA News, highlighting our role in bridging India’s high-growth companies with global capital markets. 𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗹𝗶𝘃𝗲 𝗮𝗿𝘁𝗶𝗰𝗹𝗲 - https://lnkd.in/d76dxedE As private markets mature and global investors increasingly seek structured access to emerging opportunities, the focus is no longer just on growth, it’s on governance, transparency, and institutional readiness. 𝗛𝗲𝗿𝗲’𝘀 𝘄𝗵𝗮𝘁 𝘁𝗵𝗲 𝗳𝗲𝗮𝘁𝘂𝗿𝗲 𝗲𝗺𝗽𝗵𝗮𝘀𝗶𝘇𝗲𝘀 𝗳𝗿𝗼𝗺 𝗮𝗻 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝘀𝘁𝗮𝗻𝗱𝗽𝗼𝗶𝗻𝘁:  • 𝗜𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻-𝗥𝗲𝗮𝗱𝘆 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 - We work with companies that are structured, diligence-ready, and aligned with institutional capital expectations, not just high-growth narratives.  • 𝗦𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲𝗱 𝗗𝘂𝗲 𝗗𝗶𝗹𝗶𝗴𝗲𝗻𝗰𝗲 𝗙𝗿𝗮𝗺𝗲𝘄𝗼𝗿𝗸𝘀 - Each opportunity is supported by verified documentation, detailed financial modeling, sector analysis, and clearly defined scalability pathways.  • 𝗖𝗿𝗼𝘀𝘀-𝗕𝗼𝗿𝗱𝗲𝗿 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗖𝗼𝗻𝗻𝗲𝗰𝘁𝗶𝘃𝗶𝘁𝘆 - We actively connect Indian growth-stage companies with investors across the US, Middle East, and other global capital hubs, facilitating disciplined capital deployment.  • 𝗚𝗼𝘃𝗲𝗿𝗻𝗮𝗻𝗰𝗲 & 𝗥𝗶𝘀𝗸 𝗠𝗶𝘁𝗶𝗴𝗮𝘁𝗶𝗼𝗻 𝗙𝗼𝗰𝘂𝘀 - Under the leadership of Raman Sharma, our foundation is rooted in financial discipline, treasury insight, and long-term value creation, ensuring clarity on risk-reward dynamics.  • 𝗘𝘅𝗶𝘁 𝗩𝗶𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝘆 & 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗘𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆 - We prioritise companies with defined monetisation models, scalable economics, and realistic exit pathways, essential for serious investors. As global capital becomes more selective, platforms that combine curation, compliance, and capital alignment will define the next phase of private market investing. We’re grateful for the recognition and remain committed to delivering structured, investor-centric access to India’s growth economy. #BestvantageInvestments #PrivateMarkets #GlobalCapital #VentureCapital #EmergingMarkets #InvestorRelations #CrossBorderInvesting #LeadershipInsights #WomenInBusiness #StartupInvesting #piyushbansal #Lenskart #lenskart #ipo #Bestvantagemergerbay #SharkTankIndia #Strategy #Mumbai #Delhi #Chennai #Hyderabad #Kolkata #Pune #Ahmedabad #startup #mnc #msme #healthcare #pharma #emcure #cofounder #futurism #technology #HumanResources #Futurism #Innovation #SocialMedia #Management #DigitalMarketing #Technology #Bengaluru #TrendingNow #FutureReady #startups #angelinvestors #BestvantageInvestments #bangalore #founder #startup #founders #seedinvestor #startupinvestor #investment #investing #bangalore #bengaluru #investor #investing #investments #venturecapital #inspiration #fundraising #business

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IAN Alpha Fund Closes $100M: Inside IAN Group’s Bold Early-Stage Investment Strategy Powering Frontier-Tech Startups IAN Group closes its $100M IAN Alpha Fund to back early-stage, tech-enabled startups in AI, space tech, semiconductors, climate, and healthcare across India.IAN Alpha Fund Closes $100 Million:What Startup Founders Must Know About IAN Group’s Early-Stage Investment Strategy https://lnkd.in/dbZbzSX7

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An exciting new addition to the Xora portfolio. We are proud to back Vishal Sikka and the Hang Ten Systems team as they build what we believe could become a defining company in AI-based enterprise technology services.

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The catalytic effect of an airport extends far beyond the runway World-class airport infrastructure does much more than connect cities—it transforms regional ecosystems, deepens financial and social impact and accelerates nationwide progress creating powerful economic multipliers across several industries. We are delighted to partner with the Adani Group, with an investment of ~USD 1 billion alongside Alpha Wave Global, Temasek and BlackRock to provide patient, long-term capital to power their next phase of aviation development. This investment reflects our focus on backing critical nation-building infrastructure projects alongside strong industry pioneers. The Adani Group has demonstrated exceptional execution capabilities in delivering large-scale infrastructure projects that place India on the global map. It has been an absolute pleasure working with the Adani team to bring this partnership to life. A sincere thank you to Jeet Adani, Sagar Adani, Arun Bansal, Anupam Misra, Amber Dubey, Amit Grover and Rahul Choudhary for their trust, vision, and seamless collaboration throughout the last few months. Looking forward to the journey ahead! Manoj Jaiswal | Ravikiran Vadapally | Vardaan Ahluwalia | Mallikarjuna N | Jasudha Kirpalani | Rahul Daluka | Trisha Gosar | Shivanshu Puhan | Ray Stephanos

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Supernet Technologies Limited (PSX: STL) has received subscriptions of nearly Rs898 million against its rights issue of approximately Rs914.77 million, showing a strong subscription rate of 98.16%. The subscription level demonstrates shareholders’ confidence in the company’s business strategy, growth prospects and expanding presence in Pakistan’s information and communications technology sector. According to a notice submitted to the Pakistan Stock Exchange (PSX), only 1.84% of the rights issue remained unsubscribed following the completion of the subscription process. The company had announced an 85% rights issue at Rs10 per share to raise approximately Rs915m.

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At Venture Investors Health Fund, we are always paying attention to liquidity opportunities. Lack of liquidity has plagued the industry for the last few years because without distributions to limited partners, it becomes difficult for them to maintain their target allocation to venture capital without reducing commitments to new funds. The trend for IPOs has been positive this year, but it is like saying that western Nebraska is at a higher altitude than eastern Nebraska. It is true, but it is not the Rocky Mountains. The financial markets have always been adept at adapting to conditions. There are growth funds managing billions capable of rounds of hundreds of millions, amounts once only available through an IPO. Secondary activity is at an all time high and discounts have narrowed. That helps. Most venture capital firms are Exempt Reporting Advisors, capping their secondary participation at 20%, and if they exceed that, they must become a Registered Investment Advisor with a cost and regulatory burden that small firms can't afford. If the DEAL Act was passed, it would raise that to 50%, further improving liquidity. It alone isn't enough. In the 1990s, it was commonplace to do an IPO that raised $60M, resulting in a $300M market cap, with three respected analysts following the stock that had solid trading volume. Those days are long gone. The regulatory and reporting burden has increased substantially and the cost of being a public company has skyrocketed. The size of required filings has grown enormously, filled with required language that nobody reads except those preparing it and the regulators. Who is that benefiting? At the same time, the regulatory changes for investment banks made these small IPOs less attractive to underwrite. It is easy to understand why a company like HistoSonics, Inc. pursued private financing that offered secondary liquidity for some of its investors instead of going public at this time. They avoid the cost and distraction of being public, allowing them to focus solely on growing the company. However, other companies would benefit from a more accessible public market. The average investor would benefit too. We have half the number of publicly traded companies today versus 25 years ago. Individual investors used to be able to participate in the most promising emerging companies in their most dynamic growth phase by investing in new IPOs. Now most of these companies remain privately financed and are inaccessible to the average Joe. Some have suggested letting 401(k) plans invest in funds, but I am wary of allowing illiquid investments by those who rely on liquidity. The better answer is to make smaller IPOs more viable again. It is time for a thorough review of all of the regulatory burdens that have been added in the last 25 years. How many are really protecting the small investor, and how many are just needlessly stifling innovation by restricting liquidity and access to capital?

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