Sandalwood Partners was established in October 2006, as an early stage venture capital fund focused on cross-border investments into Asia, specifically India and China. With a fund size of $120 million, Sandalwood is looking for winning ideas revolving around Telecom, Outsourcing Services (Business, Engineering and Media), Technology and Renewable Energy. Partnership opportunities are open for Indian and Chinese companies.
Advantage India and China
With more than a third of the world’s population being in India and China, Sandalwood Partners believes that the potential of these two countries is virtually untapped. And to tap into this vast potential, we decided to set up shop in Bangalore, India and Hong Kong, so that we can bring together the collective experience and resources of our partners, advisors and business associates for the benefit and success of our portfolio companies.
India is an area of focus simply because it has a young workforce on its side; a workforce which includes early adopters of anything new – whether it is with regard to technology and the Internet business or fashion and education. So while it is a booming market for new initiatives in various sectors, it is indisputably a storehouse of talent as well - Talent which is not averse to taking risk and has a growing appetite to learn.
China, meanwhile, has an economy that is growing at a blistering pace. It has a strong manufacturing base and is therefore a trading giant. Apart from all of that, it is a great source of talent, courtesy its skilled workforce. Focusing on the China advantage therefore, is imperative.
Advantage Sandalwood
Sandalwood’s team has a combined experience of more than 100 man years. Each of the team members is not only well-versed in financial intricacies of business but also possesses specialized knowledge in the aforesaid sectors. As former company founders, CEOs and senior executives of emerging companies, we know what it takes to build successful companies – simply because we've been there and done that.
So what makes Sandalwood’s seasoned team a linchpin for growth?
Treasure of Experience – Sandalwood’s partners have been managers of more than
seven venture funds on a global basis, and have deployed more than $200 million of funds. This is apart from the ongoing affiliation with emerging and established funds like UTI Ventures.
Several billion-dollar companies have been founded and managed by the people who comprise Sandalwood’s core team. These include United Microelectronics Corporation and Chartered Semiconductor Manufacturing among others.
Concurrence with Government – Sandalwood has been working with the Government of India for formulation of various policies of national and international importance.
These include the
Semiconductor and Nano Manufacturing Policy of India (co-authored with India Semiconductor Association).
Team’s Cohesiveness – The team has worked together for six years in various capacities to ensure that there is
perfect synchronization of individual expertise with the team’s larger objective.
Sandalwood, therefore, is an ideal partner to bank on, not just for the financial and intellectual resources that it brings on an individual basis, but even for the collective strength that it adds to a growing business.
Sandalwood Partners' Team