Everything Rajan Anandan said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Rajan Anandan: Angels should exit if a startup cannot 5x further
“Around 2012 or 13, I learned this simple thing as an angel, which is every time there's a round, you ask yourself a simple question. Can it five X from here or not? So if it can't, as an angel, the good thing is, You can exit.”
Rajan Anandan: Governance failures are a global VC issue, not unique
“FTX, okay, is like 10 times. You look at FTX, you look at, this doesn't happen only in India, right? I mean, I know it's happened to us, and obviously we should collectively do a lot more to make sure that we mature the ecosystem that we used to be. But if you…”
Rajan Anandan: Angel investing solely for returns is a bad idea
“If your objective is to make returns, being an angel investor, unless you really know what you're doing, and you're deeply networked, and you can add tremendous value, is not a good idea.”
Rajan Anandan: Indian consumer brands must go offline after 50-100 crore revenue
“Three years ago, you could get to 300 crores offline, online, and then you went offline. Today, that number is more like 50 to a hundred crores for two reasons. One, online has gotten more expensive as the more and more brands have come up online, so cost of a…”
Anandan: Four-wheeler ride-hailing is played out; the future is two-wheelers
“So my view is the four-wheeler game is, is pretty much played out, and that's why we're seeing sort of slowing growth on the four-wheeler side. So it's really going to be three-wheelers, two-wheelers, new kind of forms of vehicles, and so on and so forth. And …”
Anandan: India could produce 10 edtech unicorns
“I think India could have 10 unicorns in the education space. Today we have one called Baiju's. I think we're gonna see many more companies in the education space, simply because there's a massive, massive need.”
Rajan Anandan: Founders from humble backgrounds show the greatest drive
“Because I think hunger, you can't teach hunger. You know the drive, the hunger, the, I think people who come from nothing, who have a point to prove, I think they generally tend to be the ones that.”
Rajan Anandan: ONDC will disrupt the mobility sector first
“I do think over the next, maybe not in the near term, but over the medium term, ONDC will have a significant impact, but it's going to start with mobility.”
Rajan Anandan: boAt beat Chinese competitors in India on product quality
“Boat went up against all the Chinese accessories companies and one in India, not because of patriotism, not because of price, because they had better product.”
Anandan: India is on track to reach 100 unicorns by 2025
“And you know, they, we are very much on track, I think, to you know, have a hundred unicorns in India by twenty-twenty-five.”
Anandan predicts several Indian SaaS unicorns will emerge annually by 2022-2023
“We are probably, you know, we'll probably be at one a year for a few years, but then, you know, somewhere around, 20, 22, 23, we'll start seeing, you know, several SaaS unicorns every year, right?”
Anandan: SaaS startups need at least $50M-$150M to become unicorns
“Even in a SaaS company to become a unicorn, you need to raise 5000, hundred and fifty million dollars at a minimum, right? It's very difficult to get there with twenty million dollars, even in a SaaS company.”
Rajan Anandan: Peak XV manages $9B with $2.5B in dry powder
“So, so Peak 15 has about nine billion under management. Of that two and a half billion is dry powder.”
Rajan Anandan: India has roughly 6,000 active angel investors
“About 6000 of them. 6000 active angel investors.”
Rajan Anandan: Only China and India have 100 cities over 1M population
“Only two by the way, China and India.”
Rajan Anandan: Mamaearth hit 2,000 crore revenue and profitability in seven years
“Mama Earth from launch to a thousand crores took five years and in seven years is 2000 crores and profitable.”
Rajan Anandan: Domestic assembly of consumer electronics in India exceeds 70%
“Less than five percent of electronics sold in India were assembled here.
Okay.
So you should, you know, you start with assembly, then you have to make components and so on and so forth, right?
That number is now, I don't know what the latest number is, but it'…”
Rajan Anandan: 40% of Indian seed-funded startups build for global markets
“40% of all Indian startups that raised seed funding last year, in that definition, were building for the world from day zero.”
Rajan Anandan: Pitches fail instantly if they lack a wow insight
“I would say, look, basically if I don't say wow even once because of lack of insight.”
Anandan: India saw more B2B than B2C tech startups founded in 2018
“Actually, if you look at the data last year, there were more B to B tech companies founded than B to C tech companies in India, right?”
Anandan: UPI is the biggest boon to India's startup ecosystem
“UPI has been the biggest boon that's happened to the Indian startup ecosystem because now you have, you know over a hundred million Indians that actually transact online.”
Anandan predicts India will see its third SaaS unicorn in 2019
“This year we'll certainly see a third actually very soon you'll hear about a third
SaaS unicorn.”
Anandan: Indian SaaS takes 7-10 years to hit $100M ARR
“I mean, I think you know, it still will take, you know, seven, eight, nine, 10 years to get to a hundred million net revenue, but you can get there, right?
And we are now seeing
companies actually prove that you can go from zero to one million ARR in less tha…”
Anandan: India will build hundreds of $100M SaaS companies
“My view is India is going to create thousands of SaaS companies. Obviously you know, quite a number of them will become very, very large, but we can build, you know, hundreds of companies that are worth a hundred million dollars each in the SaaS space.”