With 18 companies in its portfolio, advantEdge is looking to back up to eight companies more this year, an executive with the early-stage VC fund that has been co-investing with other leading VC firms like Sequoia Capital, Lightspeed Venture Partners, 500 startups and IDG Ventures, said in an interaction. Kunal Khattar, founding partner of advantEdge, discussed the firm’s strategy and investment plans for 2017, even as he explained its newly launched incubation programme, during an interaction with this portal. He is also the co-founder of multi-brand auto sales and service network Carnation Auto India Pvt Ltd, a company which was started by his father Jagdish Khattar, former chief of Maruti Suzuki. It is backed by investors like PremjiInvest, Gaja Capital and IFCI Venture Capital. Edited Excerpts.
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