Corporates Investing in Vernacular Sector

In the second episode of LV Soundbytes – Season 2, we sit down with Mr. Amit Gupta, CEO of Asianet News and Media Entertainment to talk about corporates that are investing in vernacular sector. Amit has 19+ years of experience in the field of Finance, Transaction Advisory, M&A, Business Development and VC.In this episode, he shares insights on:

1. How and when corporates look at their investments? How do they benefit from these investments?
2. Why startups come to corporates for investments - scalability, push for marketing and sales?
3. Joint Venture opportunities with Corporates and how it serves their larger purpose.

Amit is a qualified CA from ICAI (May’97), CPA from Denver, Colorado (’03) with an Accelerated Development Program from Wharton Business School, Univ of Pennsylvania (’13).

Key Takeaways on corporates investing in vernacular sector

Previously he was Chief Operating Officer of Jupiter Capital, a leading Investment and Financial services firm. Prior to joining Jupiter Capital, Amit had a stint at Nova Specialty Surgery as Director – Mergers & Acquisitions, EY TAS, and GE Capital.Amit’s functional expertise includes financial and business strategy, mergers and acquisitions, accelerated value creation, monetization and dealing with diversified demographics. At Asianet News Media andEntertainment Ltd. (AMEL), Amit is responsible for the entire business’s organic/Inorganic performance, profitability, and fund raising.At Jupiter Capital, Amit was responsible for JC’s managed investments and their accelerated value creation. In addition, he focusses on identification of new opportunities; investing; monetization and maturing these for maximizing returns. At Ernst & Young, Amit was Director - Transaction Advisory services where he led large and complex assignments including the Bharti acquisition of Zain andWarid Telecom, Aegis acquisition of People Support, the i-gate acquisition of Patni, L&T bid for Satyam and nearly 100 other transactions in the IT/ ITES.In his earlier role as Vice President, GENPACT (GE Capital International Services), Amit donned many leadership roles in Finance and General Management with stints across Ireland, England and Australia. He played a critical role in many of GENPACT’s acquisitions and also the company’s NYSE listing in2006/07. Amit led the setting up the controllership and finance functions for new regions / poles as the assistant global controller at GECIS.Interviewing him is Sunitha Ramaswamy, Director - Deals at LetsVenture. Sunitha looks after all transactions and deals at LetsVenture as well as Investor Relations.