Venture capitalist Atul Kapadia was disposed to provide seed funding for Michael Sinkula and Sujeet Kumar to found Envia Systems, a lithium-ion battery business.
Admittedly, Envia was little more than the founders' vision of an affordable vehicle that is electric and also the potential of playing in an exceedingly big market. But for Kapadia, it was just these two crucial elements that made Envia enticing and comparable to other early-stage investments he had made at Bay Partners.
PUBLICATION DATE: June 18, 2012 PRODUCT #: E407-PDF-ENG
This is just an excerpt. This case is about INNOVATION & ENTREPRENEURSHIP
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