IIT

“So we actually don't have any preconceived notions on whether you're a first time founder, you're an older founder, you're an IIT, non-IIM, it doesn't matter. If you have a deep understanding of the market, If you have deep customer empathy, if you have, you k…”

“Non-IITN, non-AMG, non-tech guy, solo founder are all red flags for investors.”

“A good IATN from a good college, they can easily make two lakh rupees per month, which is not a small money.”

“So the way CVs have changed. When we were, what did we write? I mean, becoming a general secretary of hostel, institute, that was a big achievement. It's a great extracurricular activity. On that basis, companies will be shortlisting. You love it. So this was …”

“The brain train, if you talk about nineties, every single IITN from India went out of India. Correct. But that has stopped now to larger extent.”

“I think it has gone down. It's not as glamorous as it used to be. Number one, also because there are a lot more seats created. There are new IITs coming. There was this very new IITs, right? So the value of IITs are going down. Same is the case with BITs.”

“I think that, ah, the Indian youth is great at, ah, memorizing things, the rote memorization. But they're also not that great at, like, having, look at a problem from a general perspective. Right? Like, there are a lot of children who go to IITs who study, rig…”

“Bits Pilani, though, has always existed. So to give them credit Bits Pilani was always in the same league as the original five IITs, and I think still remains in that Contention.”

“I don't think young people should get into VC, especially of the, you know, just coming out of IIT, can I come join, you know, Neon or Prime or whatever. Because I think, and certainly the way we practice the boutique art, right, form here at different, you kn…”

“Back in 1991, all the Top one percent of the youth of India, which was in colleges like IIT, they were going abroad for their masters. Now they're not going at scale. They're staying back in India.”

“I think that that is somewhat commoditized. A lot of people have that. And a lot of people you end up interviewing who coming out of the top business schools or IOTs or whatever, Processing power intelligence is something you can take for granted.”

“Our ancestors did set up the IITs and the IIMs, and that is what you see reflected in the IT revolution in India. But did we give enough attention to primary education and secondary education? Perhaps not. That was a mistake.”

“And so it took a change in act of parliament for them to accept the 50,000 dollars.”

“The IITs were not set up to accept any donation or any money from anybody other than the government of India. That was the law.”

“Whereas if you compare it with banks, once they move out from IITs and go towards other instit institutes, tier two, tier three institutes their NPS shoot up to close to around a 10% sort of level.”