The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
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Garg: Only a handful of Indian tech companies exceed $30M–$40M ARR
“A lot of Indian companies are, have started to reach A million to million type of ARRs, but have not a lot of companies beyond a few that you can count on your hands are beyond the 30, forty million ARR today.”
Garg: India will produce more $500M–$1B outcomes than Flipkart-scale mega-exits
“There may not be Flipkart type Many, many, many outcomes in the ecosystem, but there can be a lot more, five hundred million to a billion type outcomes in the country.”
Garg: VCs will rethink power-law models if profitable $300M–$400M IPOs succeed
“If there is a, you know, there is a series of outcomes of, you know, 305, four hundred million dollars of businesses which have been capital efficient, being profitable from early days and good IPOs. I think the VCs will also start thinking very differently fo…”
Garg: Many tech startups are actively redomiciling back to India
“As we speak, a lot of companies are moving back you know, domiciling back to India as well.”
Garg: Rising domestic IPOs provide definitive exit multiples for Indian tech
“In the last three, four years, this macro trend of tech startups looking at India for IPOs that has increased. So that gives some definitive benchmarks on evaluations, exit multiples, all of those, that is one.”
Garg: Flipkart founders refused to penalize 98% of users over 2% return abuse
“When we even started the returns policy, there you always have people who abuse such policies on the platform. The founders were very, very clear for two percent cases. We will not, you know, penalize 98%. We want to give them you know, best experience out the…”
Garg: Proving a liquid tech IPO market by 2030 makes India #1
“And for that a good, thriving, liquid IPO market Is very, very important for tech startups. I think that's, we believe, I, and like at RTP, we believe this is the thing that till 2030, if it gets proven, then in India, like, then there's no stopping the countr…”
Garg: India's top Series A funds hold competing bets in same sectors
“Today, if you look at the top eight, 10 funds, say series of funds in the country, all of them would have a similar bet in the same sector, right? Say in FinTech, they will all of them have a SME lending bit in everybody will have a B to B commerce, but everyb…”
Garg: Flipkart's 2013 customer experience standard is now commoditized
“What Flipkart was offering in 2013 is a, is commoditized today. That next day delivery people, we are talking about quick commerce now, right?”
Garg: RTP meets as many startups weekly today as in 1.5 months in 2015
“The number of companies that we, you know, I think even what we meet today in a week during 2015 six was probably in one and a half months.”
Garg: RTP Global founder made 350x to 400x on early Yandex investment
“And it was in terms of multiples, I think three 5400 X for us, for him. And that was the origination of the capital.”