Building Blocks Ventures
LA-based venture capital fund that invests in relentless founders innovating in a variety of technology sectors. With offices and deep access to the Indian startup market, Building Blocks has a heavy focus on successful American startups with a broader emerging market application specifically in this region. The fund will also have an allocation for hot, young Indian tech startups to bridge the gap to the U.S.
Investment
Thesis
Criteria
  • Teams with deep domain expertise
  • Product ready (under direction of technical co-founder or internal product owner)
  • Quantifiable traction (initial customers)
  • Foreseeable revenue (partnerships or other business development)
  • Multiple revenue streams (ability to pivot out of one stream without crippling the organization)
  • Emerging market application (specifically India)
Sectors
Fintech
Mobile Banking
Internet Banking
Blockchain (Crypto)
Insurtech
Peer-to-Peer Lending
Smart Finance Management
Innovative Payments
Robo Advisors
Predictive Analytics
Crowdfunding
Other sectors
  • Marketplace (B2B / B2C)
  • Artificial Intelligence
  • Machine Learning
  • AdTech
  • Augmented Reality
  • Virtual Reality
  • Business Intelligence
  • Blockchain
Unique Access - India
India is the world's fastest-growing economy
India is the fastest-growing G20 countory. Since 2014, its gross domestic product, GDP, has increased around 7.55% yearly. PwC projects real GDP expansion of 7.3% this year. The consulting firm forecasts 7% growth in 2018 and an average of 6.5% yearly growth from 2019 t0 2023.
India is benefiting from the demographic dividend
India is set to become the world's youngest country by 2020 with an average age of 29. India is swelling with the human potential to spur innovation and productivity. A young population goes hand in hand with long-term economic growth as people from household, buy homes and raise kids.
India's small and mid-caps offer diversity
India's share market is home to some global giants, but the opportunities to add value in small and mid-caps is a drawcard. Companies are often in sectors investors cannot easily access in the large cap area- especially in the rapidly growing consumer sector. The result is thousands of companies yet to be discovered by traditional investors- some suggest India is the most undiscovered small cap sector anywhere in the world.
Encouraging Government Policies
The Indian government has taken relevant measures to strengthen its investment growth and to make it one of the strongest economies of the time. Indian government's programs like Start-Up India and Digital India. are based on boosting bank financing for start-up ventures and promote new entrepreneurs. India a hub for new start-ups, simplifying the process of start-ups, tax exemption for the new startups and easy availability funds for them.
Team
Vidya Chokkalingam
Vidya Chokkalingam
Managing Partner
vc@buildingblocks.vc
Stuart Page
Stuart Page
Managing Partner
sp@buildingblocks.vc
Chris Clifford
Chris Clifford
Managing Partner
cc@buildingblocks.vc
Our
Portfolio
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