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Israeli Startup Expert Eyes India

Fortune India

|

April 2017

As the co-founder of a leading venture capital company, Chemi Peres is open to investing in Asian countries. But he does not rule out a totally different role for himself: that of a politician, like his late father.

- Hindol Sengupta

Israeli Startup Expert Eyes India

MENTION ‘PERES’ and most people think of Shimon Peres, the former President and Prime Minister of Israel. But there’s another Peres on the country’s political landscape: Nechemia ‘Chemi’ Peres, the late leader’s son, who is seen as the heir to his father’s political legacy. Entering politics will be a big leap for 57-year-old Chemi, who helped shape Israel’s startup boom as the co-founder of Pitango Venture Capital. Based in the Israeli city of Herzliya and named after a local fruit, the $1.8 billion (Rs 11,370.6 crore) fund has investments in 210 companies, including Via, an app-based ridesharing startup, and Taboola, a content search portal. Excerpts from an interview:

YOU RUN A TECH-FOCUSSED VENTURE CAPITAL FIRM. WHAT IS GOING TO BE THE NEXT WAVE OF TECH-ENABLED DISRUPTION?

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