News:
Sequoia funded Byjus is competing with Sequoia funded Unacademy to buy Sequoia funded Doubtnut.
Rest of us:
Anand Lunia, IndiaQuotient
14.3K posts
Anand Lunia, IndiaQuotient
@anandlunia
Entrepreneur is the king. Not the VC.
Pre-Seed and Seed. Investing Capital and Patience.
- Paytm, Zomato, etc are all Indian cos. They have to follow Indian laws by being present here as a legal entity. 1/n
- So whats in it for Google? - Continued monopoly on India, without EU style fines. - No checks on various unethical practices- algorithms :) - Corner important local innovations (eg. Gpay) - No subsidiary in India- no listing, no taxes Let's not celebrate like Brown sepoys.
- I fear that India is on the path to the highest number of Corona cases as well as the biggest impact on the economy, coupled with the tiniest economic stimulus among all countries.
- RBI has killed the whole Fintech space. No one will build here now. Not sure if this is what the Govt wanted.🚨 RBI has asked Sachin Bansal's Navi to "cease and desist from sanction and disbursal of loans" from October 21
- Too much capital. Too little per-capita.
- Farewell dear Pankhuri. You will remain an inspiration. The woman with the balls to name a startup after herself.
- Bro in India this is a small seed round. Or the monthly burn of a zero revenue startup.In 2021/22 we are giving £55.3m to India in Foreign Aid. I am a strong supporter of foreign aid and voted against this Government’s reduction of it. However if we sanction Putin’s mates, it’s time to end this donation too. Far worthier causes around. telegraph.co.uk/world-news/202…
- In 2013 we said 'Let's make 2 bets every year to discover the next Facebook from India' From days when big VCs said 'Indians can't design' to when Bytedance copied Sharechat pixel to pixel. Let's make India great again!
- Raising Fund 4! Thanks to all startups who trusted us. It's their ambition and grit that drives our DPI and IRR, For our investors who backed us long, incredible and awesome.
- India is not just our 'market' as it gets described many a times, but also our motherland. Let's Make India great again.
- Top 3 social apps owned by Zuckerbhai. Next 3 owned by bhailog of Indiaquotient. This is for everyone who told us that Indians can't do this.
- RBI has told banks no need for Moratorium to NBFCs. Zero relief for businessmen. Tax rate rises every budget. Bureaucrats think of businesses as adversaries. I am a fan @PMOIndia, but you will have to earn the moral right to request businessmen to not lay off.
