Firm: IDG Ventures India
Manik Arora is founding Managing Director of IDG Ventures India, a US$150 Million early-stage technology venture capital fund backed by IDG, the world’s largest IT-focused media company. Manik is based in Mumbai and invests across India’s industry sectors, with an emphasis on Internet, wireless, software and services.
Prior to starting IDG Ventures India, Manik was at Battery Ventures in Silicon Valley where he led the firm’s India practice and invested in Travelguru, India’s leading online hotel aggregator. Previously, he spent time with General Atlantic Partners (GA) working on technology investments, including GA’s first India investment, Patni Computer Systems.
Manik was part of the founding management team at GA-backed i-DNS.net International, the global leader in multilingual Internet DNS technology. Previously, Manik managed global outsourcing initiatives for American Express in New York and ran sales and marketing for MasterCard International in Singapore. His early career was as a management consultant at The Boston Consulting Group in India and South East Asia advising clients on strategy and operations primarily in the e-commerce, financial services and consumer services sectors.
Manik holds a BA in Economics from Swarthmore College where he received a McCabe Fellowship to pursue his MBA from the Sloan School of Management at MIT. He is also a Charter Member of The Indus Entrepreneurs (TiE).
Manik served his fellowship at IDG Ventures India under mentor Sudhir Sethi as a member of Class 12.