Venture Capital
There must be something in the Gujarat water. India’s westernmost state is the birthplace of some of the country’s best-known businesspeople—from Mukesh Ambani, to Azim Premji, and Uday Kotak. Enterprise is a cultural obligation for Gujaratis—with just 5% of India’s workforce, the state produces 22% of the country’s exports. Now a cohort of cousins and one nephew, from India and the US, are using family capital to invest together in early stage startups globally as Mehta Ventures.