Sure would be giving highlights once ,read the last boring pages

Growth Manager

Senior Consultant

Account Manager

Bla- want to work for Navi. In business roles. CEO's office/ Growth. Can you refer. One of older IITs, good strategy experience.

Try mailing or cold reach folks through LinkedIn

Product Manager

Summary of Blumes Venture Report -2024

Summary of Blumes Venture Report -2024- Grapevine

Welcome to Indian Startups's Private Community

Blume Ventures just released a report on startup exits in India. Here's the breakdown:

Exit Strategies: 3 Main Types

1. Secondaries: Quick Cash Options
- Angels exit first, typically under $75M
- Micro-VCs target $75M-$500M range
- Large institutions aim for $500M+, usually 7-8 years in

2. M&A: From Small Buys to Big Deals
- Under $20M deals are mostly for talent
- Real returns start at $50M+
- $500M+ deals are rare, need major buyers

3. IPOs: The Big League
- More accessible than thought: Even $10-20M revenue companies can list
- SME exchanges offer options for smaller players
- $1B+ listings reserved for top players, usually after a decade

Key Points:
1. Patience matters: Big exits often take 7-12 years
2. Profitability is crucial: Markets reward it
3. IPO boom expected: Projections show 5x increase by 2025

In short: India's startup scene is maturing. Exit options exist, but require strategic long-term thinking. For founders and investors alike, understanding these patterns is key to long-term success.

Full report: https://blume.vc/commentaries/decoding-exit-patterns-in-the-indian-startup-ecosystem-blume-ventures-perspective

Unlocking Exit Strategies in India's Startup Ecosystem

Investor

Been spending way too much time on Grapevine lately - absolutely loving it @Micheal_Scott!

Posted the Prosus report takeaways yday - lots of you DMed asking questions. Then I saw NewsAnchor break down the entire Prosus Annual Report - great stuff.

I was an Associate at one of the largest VC funds in India, so I enjoy going through new reports and summarising them - found my notes from Bain's India Venture Capital Report 2024. Thought of sharing the unedited summary that I shared with the Partners at the fund, have a bunch of these - can share more if of value to any of you here (ofc removing the confidential parts)

Notes:
1/ India's maintaining its gravitational pull despite the global funding crunch. Sure, overall funding nosedived 63% to $9.6B, but we're still the #2 destination in Asia-Pacific. Might not necessarily be a crash, it's a necessary course correction.
2/ Early-stage investing is showing remarkable resilience. Seed deals now comprise 70% of all deals, up from 60%, with average check sizes holding steady at $1.4M. Smart money is quietly positioning itself for the next wave of innovation.
3/ The tech-only playbook is being rewritten. While consumer tech, fintech, and SaaS still command 60% of funding, traditional sectors like BFSI are gaining ground, with average deal sizes jumping from $8M to $15M. We're witnessing the birth of tech-enabled, not just tech-centric, growth stories.
4/ The unicorn factory has hit pause, with only 2 new billion-dollar valuations vs. 23 in 2022. Mega-rounds ($100M+) plummeted from 48 to 15. This isn't a drought; it's a return to fundamentals. The era of grow-now-profit-later is firmly behind us.
5/ Generative AI isn't just hype; it's reshaping the landscape. Funding exploded from $15M to $250M, with 80% flowing to existing companies integrating AI. India's quickly becoming a laboratory for practical AI applications, not just speculative moonshots.
6/ Electric mobility is rewiring itself. While overall funding dipped slightly to $600M+, charging infrastructure investment surged 50%. The real opportunity isn't just in vehicles; it's in building out the entire EV ecosystem.
7/ Exits are defying gravity, leaping 1.7x to $6.6B. Public market sales led the charge at 55%, even as IPOs cooled. LPs are getting liquidity, and the secondary market is proving surprisingly robust. There's still appetite for quality assets.
8/ PE is no longer just watching from the sidelines. These players doubled their share to 25% of investments, going toe-to-toe with traditional VCs. The lines between growth equity and venture capital are blurring, and it's changing the game for late-stage rounds.
9/ We're watching natural selection in real-time. Yes, 35,000+ startups shuttered and 20,000+ layoffs hit the headlines. But companies like Groww and Indifi turned profitable. This isn't a bubble bursting; it's an ecosystem strengthening its foundations.
10/ Domestic VCs are coming of age. While overall fund-raising halved to $4B, homegrown VCs led 90%+ of raises. They're not just following; they're specializing, with thematic funds like Omnivore's $150M agritech vehicle. The ecosystem is bootstrapping its own future.
11/ Regulation isn't just tightening; it's evolving. Angel Tax expanded and lending norms got stricter, but we're also seeing innovative policies like UPI for foreign travelers. India's crafting a uniquely balanced approach to fostering innovation while maintaining stability.

Topics we can discuss during our standup:
1/ Can India produce global tech giants if it's primarily adopting rather than pioneering in areas like AI? How do we enable this?
2/ How will the shift towards profitability impact India's ability to foster truly disruptive innovations? Implications for us, how should we be evaluating deals differently?
3/ With domestic VCs leading the charge, how will this change India's startup narrative on the global stage?
4/ Is this maturation setting the stage for more resilient, globally competitive Indian startups, or are we risking our innovation edge? How do we look at thesis driven investing v/s fomo investing?

Link to Bain's report - https://www.bain.com/insights/india-venture-capital-report-2024/

P.S. Do note that this is 6+ months old - data points mostly look diff now but sharing it anyways. Will post more as and when I get time :)

My notes on Bain's 2024 VC report as a VC Associate

Welcome to News Discussion's Private Community

The Morning Vine 🍇

Journalist

https://www.google.com/amp/s/m.economictimes.com/tech/technology/flipkart-india-logs-9-revenue-growth-at-rs-55823-crore-losses-widen-by-42/amp_articleshow/104644333.cms

Flipkart losses widen by 42% to Rs 4,845.7 crore. Total loss of Flipkart  since inception now amounts to Rs. 12,600 crore. And we are talking about  the flag bearer of India's success story 's performance in 16th year since its inception

After 16 years of existence should we still call Flipkart a startup?

Sales Manager

Software Engineer

I am from Madhya Pradesh Indore. Recently I relocated to Pune. There are very big issue of power cut.

I never seen Power cut issue in Madhya Pradesh not even in village area.

Earlier, Madhya Pradesh had been devided in chhattisgarh. At that time all the sources of electricity were consumed to chhattisgarh.  But Madhya Pradesh government has developed many power plants or now Madhya Pradesh provides power to many state.

I think now in Madhya Pradesh Indore city is very developed city in industrial/corporate.

Power cut issue very bad in Pune

Software Developer

This is what google shows when I searched - "When was India the richest country in the world?".

India has a long history of wealth and prosperity, dating back to ancient times when it was a major center for trade and commerce. It has advanced civilizations like the Indus Valey Civilisation, which dates back to around 3300 - 1300 BCE. India was known for its wealth and trade networks during the Maurya and Gupta empires, and who can forget the Chola Dynasty which existed between the 3rd and 12th centuries CE. 

I realised how far history has been altered by these left liberandus to such an extent that we native Indians are made to think that we were just a pile of dust who knew nothing and we were enlightened by these foreign invaders who came from mere desserts and turned us into a pile of gold and silvers. 

This just needs a little logic to understand that if someone comes from outside to make things better here then they themselves need resources for the same. What do you expect from people who were in dessert to bring in to the land which experiences all 4 seasons, have all major landforms ranging from mountains, land, dessert, seas and ocean. 

I was watching one discussion on CAA/NRC, in which a muslim leader asked someone in the audience if you have so many problems with Muslims and why you eat biryani so fondly which is a dish created by Mughals. The concerned person from the audience just asked: "What are the constituents of a biryani? Spices, Rice and Ghee. Spices were only found in India during that time. Rice needs water to grow and desserts are deprived of water, and Ghee can only be made using milk of buffaloes and cows. We know that Camels are only found in desserts and ghee can't be made using their milk."

P.S. - My point is India was always greatest and rich in traditions be it in any form until these foriegn invaders came in destroyed everything and anything they could and then leaving us beleiving that they helped us come out of darkness.

🇮🇳 experienced unprecedented prosperity during Mughal Period (1526 - 1858 AD) 😂

Modi3.0- Hoping for a better public policy discourse than this !!

Software Project Manager

Saw this on reddit. So, posting here. Goosebumps!
What this man did for the country, and how we remember him now

"History will be kinder to me"

Business Analyst

I have seen most of my friends and people are in tech always oppose the current Government. 

I agree, that current government is not great. But at same time, supporting parties like Congress doesn’t makes sense.

Genuinely curious why people think current government is not doing good? I have seen road & rail infrastructure getting improved, defence budget being increased, government making investments in R&D, privatisation of government sectors, making existing processes efficient, and much more.

Even the farm bills were good, now what is happening all the middlemen are making money.

Communal riots have increased, but I don’t think the government is responsible, it’s people who ignite these riots.

At last, why you think current government is not doing good?

Why people in tech hate BJP?

Small dataset? Most of the techies and finance folks I know are out and out Modi supporters!

Finance Consultant

Employees what's going on internally with the company?
How's the growth and work?

What's your take on Adani?

Welcome to Fintech India's Private Community

Seeing the S&P500 witness a spectacular "short" rally before popping, and then it becoming decidedly clear that even if the rate hikes were unlikely it was still going to be a long time before rates come down. Becoming much more clearer that the impact on various asset classes and securities is going to be muted for the time to be.

Unless interest rates come down, I can't possibly imagine that the VC funding will pick up again, their LPs can't put in more money unless interest rates come down. Cheap capital fuels the VC ecosystem, if capital isn't cheap then allocation in VC Funds goes down to adjust to a newly adjusted risk appetite of investors.

[Opinion] How JPow's misadventure affects me and you...

As we bid farewell to the challenges of the past, let's delve into why 2024 is poised to be a game-changer for the Indian Startups! 🚀

In 2020, the world weathered the storm of COVID, followed by unprecedented quantitative easing. We then saw that in 2021 the bull run came soaring. Investors, fueled by the appetite for riskier assets led to a funding boom for startups as salaries soared.

Fast forward to 2022, and the music is about to stop. The realization that the Fed would hike rates to curb inflation means that funding is about to dry up as big money will be invested away into debt/T-Bills. Though demand remained robust, the stock market felt the impact as JPow raised the interest rates. 

Late 2022 and 2023 saw the tech landscape experiencing layoffs, and startups facing significant headwinds. It’s a wonder  if anyone raised this year.

But here's the twist—2024 looks brighter. The stock markets have rebounded to all-time highs, signaling that things may be on the rise. Despite geopolitical tensions in Ukraine and Iraq, the macro outlook for India shines bright. 

For Indian Startups? VC Funding is still here to stay. So keep your heads down and keep building. From what I am hearing, it is set to make a roaring comeback. There is now significant rationality in the funding ecosystem leading to realistic valuations.

However, this revival will come with a plot twist. Newer companies, fueled by fresh funding, are set to rise, while most of the lofty valuations of those who raised in 2021 are about to crash and burn.

So buckle up folks. Let’s see where it takes us.

What do you think? 🤔

[Thread] Why 2024 is going to be a massive hit for the ecosystem?

Reads like an year end address from the company MD before the employees realize there are going to be no increments this year

Business Development Manager

Welcome to Software Engineers's Private Community

He said “aap sab ko marana pdega”.. you guys have to work your ass off.

In one of the townhall at Koo, Co founder mayank bidawatka said “ham sab ko mrana pdega agr koo ko grow krna h” what’s your take on this statement?

Picture speaks a thousand words

Welcome to Moving Abroad's Private Community

Question came up because it’s Independence Day 🇮🇳
A lot of us have had the privilege to be able to go abroad, but ended up choosing not to.

For me, it was just believing there’s enough growth here in the coming few decades + friends/family

Looking to hear if the reduced brain drain is actually true, and what makes people stay.

To people who choose to stay in India, what made you stay? 🪷

For me it was the army and followed by my corporate job. I never felt like leaving the country. It’s always better to live like a first class citizen in a 3rd world country than a third class citizen in a first world country. 
  
 In addition to this, family is what defines us as Indians and that kept me hinged back home

Corporate Strategist

- Sarvam AI - $41M (Lightspeed and Peak XV) 
- Mad Street Den - $67M (Avatar, Peak XV) 
- Wysa - $25M 
- Neysa Networks - $20M (Matrix Partners) 
- Scribble Data - $2.3M (Blume Ventures) 
- Expertia AI - $1.3M (Chiratae Ventures) 
- OnFinance - $ 1.1M (Silverneedle Ventures) 
- Krutrom AI - $50M (Matrix Partners)

India’s biggest Ai startups that raised more than $1M

Operations Manager

Apparently this company is planning to go head to head against openai and Google as an AI chat app using India's data resources. What do you all think about this?

Krutrim - Bhavish Aggarwal's  new venture

I legitimately find it concerning that so many Grapeviners are not just conservatives but outright Sanghis who betray their intelligence with 5th standard debate tactics or just outright hate. Some quick pointers before you come at me with pitchforks

1) I voted for Modi in 2014 but then from 2019 onwards I changed my mind (more on that later)

2) Almost everyone here belongs to the urban elite who have voted for BJP. However, the so-called educated elite feels that the everyday uneducated common man is dumb. Education does not equal intelligence (correlated yes, but not an indicator). If you don't like how a significant portion of India you never see or interact with voted, tough luck, welcome to democracy. 

3) Also is this result, really so bad? It's stupid to think that the BJP as the sole ruling party is good for the country. Great for your stocks on the Sensex and MFs but not for the actual common man. They are the silent majority who make the country run and they just let everyone know that although there has been an economic boom, they have been left out. 

4) Take a chill pill. The India story is still alive and well. In fact, having some diverse voices can help a democracy. Not ram-rodding bills that everyone from farmers to jobless youth hate can be good. You just have to learn to play with others & listen for once.

Finally, I supported Modi because I was tired of Congress shenanigans and I supported him up to demonetisation. However, the blatant horse-trading, the weaponisation of ED, Hindu vs <insert religious minority> rhetoric and the lack of any balls to face unscripted questions in TEN years made me change my mind. 

PS: The knee-jerk reaction of every sanghi here is to deploy "What about X & Y", I will not respond to any of those arguments because that's just a week cop-out. Judge yourselves on your own merits, not that you are somehow less evil.

Jai Hind. Jai Bharath. Aam Aadmi Zindabad.

Summary of Blumes Venture Report -2024

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