Alibaba and the 40 founders from India

Chinese may understand Asian business models better, given a shared culture, reports Tech In Asia

If you happened to be in Hangzhou on a crisp spring morning in late March, you would have witnessed an unusual spectacle: two busloads of Indian startup founders arriving at Alibaba HQ, posing for group selfies, and taking a guided tour of China’s biggest internet success.

The entourage consisted mainly of startups from the portfolio of Blume Ventures, one of India’s earliest and most active seed-stage funds. They were accompanied by both the co-founders and managing partners of Blume – Karthik Reddy and Sanjay Nath.

If not now, when?

Karthik and Sanjay founded Blume in 2010 after connecting as fellow Mumbai angels. They