If a founder has passion and innovation, he needs to be supported. I am more intuitive than a numbers person, and I recognise that not all investments are going to be positive. Some may fail, and some may have problems for other reasons. That is life.

Young entrepreneurs will make a difference in the Indian ecosystem.

New startups embody the creativity, the innovation of young people, and for me, it was and is a very worthwhile experience to interact with them.

Some entrepreneurs talk of a high burn rate, high advertising rate, and so on, with no outcome, so it doesn't impress me. But an entrepreneur who has that kind of a feeling of responsibility towards his investors is somebody who will have all my support.

I'm convinced that about half of what separates successful entrepreneurs from the non-successful ones is pure perseverance.

Central planning didn't work for Stalin or Mao, and it won't work for an entrepreneur either.