Manav Garg, founder of Eka Software and Together Fund, assesses India's competitive positioning relative to the United States and China in the global AI race.
“Can India be number two? Number one, I doubt it. I don't have visibility to it. Can India be number three? Yes. Because of sheer economy of data, scale, data, people, talent, and Indian young population.”
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More from Manav Garg
PredictionOpen · timeframe Dec 2032
India Will Produce 5x More $100M Software Companies by 2032
“So I think India can get 200 companies at a hundred million by 2030. Why not? Definitely India can get to that. So typically 15 in this decade, in the next decade, I would say 2030, 2032, give and take plus two years here. We can produce five X of what we prod…”
Manav GargJul 12, 2024▶ 59:19These 90 Minutes Will Teach You Everything About SaaS Business | SaaSBOOMi Co-Founder | Neon Show
PredictionNot checkable as stated
Indian SaaS Will Reach 6% Global Share and $70B in Revenue
“We are projecting about six percent. If you go to six percent, because SaaS is also a foundation also going, we will touch about 60, seventy billion dollars in revenue. That's what we need to touch. To get to that half a trillion to trillion dollar market cap.”
Manav GargJul 12, 2024▶ 1:02:01These 90 Minutes Will Teach You Everything About SaaS Business | SaaSBOOMi Co-Founder | Neon Show
AssertionNot checkable as stated
SaaS Requires $125M to Hit $100M ARR Versus $250M for Fintech
“See on an average, a SaaS company takes hundred twenty-five million dollars to touch a hundred million. A fintech company probably takes two fifty million dollars, right? So that way SaaS is extremely capital intensive and B to B marketplace will take probably…”
Manav GargJul 12, 2024▶ 1:02:22These 90 Minutes Will Teach You Everything About SaaS Business | SaaSBOOMi Co-Founder | Neon Show
Insight
Founders Should 'Manufacture' Co-Founding Teams Rather Than Hire Friends
“So your co-founder has to be meritocratic in nature instead of your, the first friend from school
or your first love from your college coming and beginning to work with you. I think that's what I'm calling manufacturing co-friends, which means co-founders, wh…”
Manav GargJul 12, 2024▶ 1:25:46These 90 Minutes Will Teach You Everything About SaaS Business | SaaSBOOMi Co-Founder | Neon Show
PredictionNot checkable as stated
AI Will Create 'Service as a Software' Automating Half of Workforces
“So if you can, so therefore new category is going to emerge, in my opinion, which is now we said software service, service as a software, right? You would automate 50% of your workforce to software and then start selling as a service, which is AI and services.”
Manav GargJul 12, 2024▶ 1:03:57These 90 Minutes Will Teach You Everything About SaaS Business | SaaSBOOMi Co-Founder | Neon Show
AssertionSupported
Salesforce is Approaching $1 Billion in Indian Market Revenue
“Salesforce is almost crossing billion dollars of revenue from India.”
Manav GargJul 12, 2024▶ 1:20:05These 90 Minutes Will Teach You Everything About SaaS Business | SaaSBOOMi Co-Founder | Neon Show
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