rajan anandan 46 wears multiple hats as managing director google india funding startups in india and as chairman of blue ocean venture a startups fund in sri lanka if you search for the biggest angel investor in india its likely to throw up sri lankan born anandan he has invested in 40 companies beginning 2006 when he made his first angel investment in india now anandan puts his money in 810 startups a year his own portfolio has gone up 10x even as anandan says the countrys startup ecosystem is set to multiple many fold by 2020 throwing up at least one 1 billion valuation company each year by 2020 india will have at least 15 startups that have grown to 1 billion each says he in india anandan runs google invests in startups out of his pocket and in sri lanka bov seeds tech and nontech startups in an interview with et anandan talks about startup ecosystem in india sri lanka how he manages to do it while running google edited excerpts back in 2006 you invested in one startup in the whole year and now you are funding 810 startups a year besides investing in sri lanka in india i invest as an angel only in technology companies in sri lanka prajeeth balasubramaniam and i cofounded blue ocean venture a multisector seed fund its our joint investment in india it is my personal investment i have funded more than 40 startups in india what change do you see in startup ecosystem and entrepreneurship in india now how is the startups ecosystem evolving its definitely hit the inflection point two years back there were 100 funded tech startups a year last year it was 200 the rate doubled because of initiatives like nasscom 10000 startups and massive awareness building the potential is another 10x by 2020 india will have several thousand venture funded startups a year and the reasons are three fold first we now have internet penetration we will have 250 million internet users by end of this year by 201718 it will be 500 million we will have very large user base second theres an experienced pool of entrepreneurs in india there are already five billion dollar valuation companies makemytripcom and infoedge are public flipkart and snapdeal are among the billion dollar companies that number will easily be 15 in the next 5 6 years we will add one a year in terms of hitting a 1 billion milestone besides we are getting an experienced pool of founders you have success stories of sachin bansal binny bansal cofounders of flipkartcom kunal bahl cofounder snapdealcom and lot of people will see them as role models the third thing is that the investor ecosystem is getting larger and maturing you have angels seed funds and venture funds in this ecosystem you are already seeing billion dollar companies one of the constraints so far was no exits but last year justdial went public and now exits are happening is