VCs take networking pitch to badminton court

A dozen-odd head honchos of marquee venture funds gathered at the Siri Fort Squash & Badminton Stadium in New Delhi on Thursday

It was a networking pitch of a different kind with at least $10 billion of venture capital funds, literally at play. The venue: Squash & Badminton Stadium at Delhi’s Siri Fort. A dozen-odd head honchos of marquee venture funds were on the court for the badminton tournament on Thursday. Some were playing each other, fiercely fighting for each point on the court — just as they do when pitching for new investments. Several teamed up with competitors to put up a joint front. 

“It is a competitive, but fun and friendly event,” said G V Ravi Shankar, managing director, Sequoia