Episode 37: Tea Gardens to Technology; Lokesh Sikaria is Transforming Venture Capital in Sacramento

Bite Sized Finance

Imagine moving across the world at 18, adapting to a new culture, and later becoming a major force in a thriving business sector. That's the incredible journey of Lokesh Sikaria, the founder and general partner of Moneta Ventures. From his humble beginnings in Assam, India, influenced by his father's entrepreneurial spirit, to his current mission of transforming Sacramento's funding landscape, Lokesh's story is one of resilience, inspiration, and vision. This episode offers an intimate look into his life, highlighting pivotal moments like his education at Don Bosco and an unforgettable meeting with Mother Teresa that shaped his worldview. As Lokesh recounts his transition from Delhi to Berkeley, he shares the challenges and triumphs of adjusting to life in the United States. His early professional experiences at Price-Waterhouse-Coopers in San Francisco paved the way for his future success in venture capital. With family support, especially his mother's insistence on staying connected to his roots, Lokesh navigated the complexities of a new culture while laying a solid foundation for his career. This chapter of his life provides listeners with valuable insights into the immigrant experience and the significance of perseverance. Dive into the heart of Sacramento's startup ecosystem with Lokesh as he discusses his vision for Moneta Ventures. Learn about Moneta's hands-on approach to mentorship and how they support small, private companies with strategic advice and funding. Lokesh highlights the success of Aumni, a software company that Moneta backed, and shares his optimism for the region's potential to become a hub for innovation. This compelling conversation showcases Lokesh's gratitude for his journey and his contributions to the community, as well as, the potential for our region to become an influence in tech for the country. To learn more about Moneta Ventures visit: https://www.moneta.vc/ For more information on what we provide at CAPTRUST visit www.captrust.com. You can reach John Lockwood via email at: [e-mail] You can contact me, Kelly Brothers, through the show at: [e-mail] To reach me at CAPTRUST visit www.captrust.com/locations/sacramento-ca/ Episode Highlight Timestamps (00:42 - 02:33) Childhood in Assam Sparks Business Passion (16:46 - 18:08) Transitioning From US Work Experience (20:38 - 21:43) Transition From Sparta to Venture Fund (30:36 - 31:37) Successful Exit of Scaled Startup (33:51 - 35:08) Investor Compensation and Risk Alignment (35:08 - 38:44) Understanding Venture Capital Liquidity (42:32 - 43:37) Economic Potential of Sacramento (45:08 - 46:22) India and US Political Alignment Chapter Summaries (00:00) From India to Finance Lokesh Sikaria's early life in Assam, India, his diverse exposure to business, and his impactful experiences with mentors and Mother Teresa. (10:23) Journey From India to Entrepreneurship An 18-year-old immigrant from Delhi adjusts to life in the U.S., supported by family, and begins a career with Price-Waterhouse-Coopers. (21:55) Venture Capital in Sacramento Moneta Ventures provides funding, mentorship, and strategic advice to small, private companies in Sacramento, with a successful investment in Aumni. (37:59) Indian Business Success and US Synergy Venture capital and private equity investments require long-term commitment, Sacramento's potential for startup success, and the success of Indian American leaders in the US. (47:53) Grateful Founder in Folsom Lokesh Sikaria's decision to stay in Folsom has brought joy and success, making him a cherished figure in the community.