Sramana Mitra: Okay. The reason I’m asking this question Gaurav is, so as you know, AI is easier to control in a more constrained mode. The more degrees of freedom you give it, the more it is difficult to control all the issues like hallucination and precision. AI has a tendency to make things up
Gaurav Chaturvedi, Partner at Kae Capital, discusses the trends he is seeing in the Indian startup ecosystem.
Gaurav Chaturvedi, Partner at Kae Capital, discusses the trends he is seeing in the Indian startup ecosystem.
If you haven’t already, please study our free Bootstrapping course and the Investor Introductions page. Sasha Mirchandani is Founder and Managing Director of Kae Capital, an early stage fund focused on India. I’ve known Sasha for over a decade, and we discuss the evolution of the Indian startup industry at length. You can listen to the podcast interview here
Sramana Mitra: Is there anything else that you want to highlight from your experience or portfolio before we move to the entrepreneur pitches? Sasha Mirchandani: What we’ve learned over the years is that large markets are critical. A lot of times, we go after really good entrepreneurs, but the reality is going after a very
Sramana Mitra: What are the highlights of your portfolio currently? If you have exited some, you can talk about those as well. Sasha Mirchandani: Before I co-founded Kae capital, we’ve done several investments which were very successful like Myntra. We did a company where I am still a shareholder. I was the first investor in
Sasha Mirchandani: We have a company called Wysa, a mental health chatbox based out of Bangalore. The bulk of their opportunities is in the North American market. Post-COVID, we have all seen the value of taking care of people’s mental health. It’s a major problem, but it’s a stigma, which is unfortunate. Wysa has done
Sramana Mitra: Let’s unpack each of those a little bit. Let’s talk about B2C tech India-facing. Although we talked about the 1.3 billion population and a much larger market, internet consumers are a segment of spenders. They are the high-income educated group that is technologically savvy. Along the way entered Reliance Jio and democratized access