PK is an Indian entrepreneur and angel investor in social network, content and live-stream space who built, grew and finally sold his startups InstaLively and Pulse to Tencent-owned company Hike Messenger. After selling them, PK came to China for new opportunities and challenges where he started being a consultant for Various Startups which helps China-India Startups and VCs in building the next billion Internet users in Indonesia and India, as well as mentoring founders for Chinaccelerator.
In this episode, PK shared his journey about selling startups to Tencent and also delivered insights about the China-India startup and investment ecosystem, including the challenges to localize Chinese companies in India and how the Chinese data drive model works in India, etc.
Show Notes: 1:00 Introducing PK 1:37 Introducing InstaLively 2:51 Process of Tencent Buy-Out 6:57 Experience with Mergers and Acquisition 9:28 Transition with Hike Messenger 10:10 Difficulties from culture differences 11:50 Due Diligence 13:30 Alignment with the new team 15:02 Moving to Beijing and the experience in China 17:20 China-India tech ecosystem 20:45 The Belt and Road Initiative in China 23:01 Advantages and obstacles of Chinese investment and startups in India 26:05 Challenges for Chinese companies to localize in India 28:20 What works in China doesn’t necessarily work in India 30:19 Will Indian companies be able to come to China? 31:38 PK’s future plans 32:20 Contact PK (Full name: Prakhar Khanduja)
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Many thanks to our host Oscar Ramos and guest PK, producer Eva Shi, editor David and Geep, organizer Chinaccelerator and sponsor People Squared. Be sure to check out our website www.chinaccelerator.com