Anto Patrex

India is and will be the biggest value creator for startups .Yes, there are challenges with valuation, and the VC ecosystem is still forming their thoughts on deep tech. The challenge is can we leap forward on AI/ML hardware onwards , soup to nuts. The government is willling think it is right time to make things happen. I will write about this in detail in the next few months. I though am just amazed what India can make happen.

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𝐈𝐧𝐝𝐢𝐚 𝐢𝐬 𝐥𝐞𝐚𝐝𝐢𝐧𝐠 𝐢𝐧 𝐀𝐈 𝐚𝐝𝐨𝐩𝐭𝐢𝐨𝐧 𝐚𝐭 30%, 𝐬𝐮𝐫𝐩𝐚𝐬𝐬𝐢𝐧𝐠 𝐠𝐥𝐨𝐛𝐚𝐥 𝐚𝐯𝐞𝐫𝐚𝐠𝐞 𝐨𝐟 26%. 𝐈𝐧𝐝𝐢𝐚’𝐬 𝐃𝐢𝐬𝐭𝐢𝐧𝐜𝐭𝐢𝐯𝐞 𝐀𝐈 𝐌𝐚𝐭𝐮𝐫𝐢𝐭𝐲 𝐚𝐧𝐝 𝐆𝐥𝐨𝐛𝐚𝐥 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞𝐧𝐞𝐬𝐬: 📌 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐢𝐧𝐠 𝐀𝐈'𝐬 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥: Experts notes that India's swift AI adoption is boosting its global competitiveness and demonstrating the country's readiness to fully leverage AI's potential. 📌 𝐁𝐫𝐨𝐚𝐝-𝐛𝐚𝐬𝐞𝐝 𝐀𝐝𝐨𝐩𝐭𝐢𝐨𝐧: ndia's AI maturity extends beyond tech, spanning traditional and digital sectors and driving value across a broad range of industries. 📌 𝐅𝐮𝐭𝐮𝐫𝐞 𝐎𝐮𝐭𝐥𝐨𝐨𝐤: With all Indian companies actively experimenting with AI, the nation is uniquely positioned to expand AI's capabilities, potentially setting a global benchmark. 𝐆𝐥𝐨𝐛𝐚𝐥 𝐏𝐞𝐫𝐬𝐩𝐞𝐜𝐭𝐢𝐯𝐞 𝐨𝐧 𝐀𝐈 𝐀𝐝𝐨𝐩𝐭𝐢𝐨𝐧 📌 𝐂𝐚𝐩𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐆𝐚𝐩: Despite widespread AI adoption globally, only 26% of companies have developed capabilities that move beyond proofs of concept to deliver real value. 📌 𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐝 𝐀𝐈 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭: Only 4% of global companies have cutting-edge AI capabilities that consistently produce significant value, while another 22% have implemented an AI strategy. 📌 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 𝐢𝐧 𝐑𝐞𝐚𝐥𝐢𝐳𝐢𝐧𝐠 𝐅𝐮𝐥𝐥 𝐕𝐚𝐥𝐮𝐞: The journey from investing in AI to realizing its full potential remains complex, with CEOs now beginning to see tangible returns, though acknowledging that achieving full value is still challenging. Read the full article here. #ai #artificialintelligence #genai #generativeai #india #aiadoptionrate #emergingtechnologies

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How #Apple is doubling down on its #India #manufacturing plan https://lnkd.in/gyKxnVPd Apple is pushing India manufacturing, where the #iPhone maker now #assembles more of its #devices and operates two flagship stores. Apple’s annual sales in India hit a record of almost $8 billion, underscoring that its make-in-India push is yielding results. 🔹️ The #US #technology major’s India revenue jumped 33% in the last year. From $6 billion in March a year earlier, with iPhones accounting for over half the sales. Plans to assemble iPads: ET reported on July 26 that Taiwanese contract manufacturer Foxconn is evaluating plans to assemble Apple’s flagship tablet iPad in India. Foxconn may begin assembling #iPads at its facility in Tamil Nadu’s Sriperumbudur. The development assumes significance as so far, India-based units of Foxconn and other global contract manufacturers have only assembled Apple’s smartphones. 🔹️ #Pro and #ProMax #models: The Cupertino-based tech giant is also exploring assembling its Pro and Pro Max iPhone models in India starting later this year through Foxconn. Apple is likely to make the upcoming iPhone 16 range in India, ET reported on July 27, citing sources. 🔹️ #Corning’s plans for #TamilNadu: 🔹️ #Foxlink’s new factory: #Taiwan’s Foxlink, a supplier to Apple, is building a plant in Oragadam, near Chennai, as 🔹️ #Camera #module hurdle: 🔹️ Supply chain boost: 🔹️ #Rayprus eyeing #Bengaluru facility: 🔹️ #Tata’s Hosur facility: 🔹️ Shift from #China 🔹️ Moreover, Apple has also diverted a portion of its product development for the #iPad to #Vietnam last year. Its investment in the country has reached about 15.84 billion and has created some 200,000 jobs. | By– #ETtech :: Jul 27, 2024 #Tirupati #AndhraPradesh #Foxconn #iPhon #200000 #Jobs #Details: — https://lnkd.in/gyKxnVPd

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#BigEndian #founders hope to use their deep chip experience to help #establish #India in #semiconductors ▪️India, despite being home to 20% of the world’s chip designers, lacks a significant presence in the global semiconductor market. However, in recent months, the Indian government has begun investing in an effort to establish the country in semiconductors, as companies worldwide have adopted a “China-plus-one” strategy, seeking alternatives to China. #BigEndian #Semiconductors aims to capitalize on this shift by kicking off development of #surveillance #chips for #cameras. Founded in May, the Bengaluru-based fabless design startup is led by #CEO Sunil Kumar, a #former #executive at #ARM #Broadcom, and #Intel, and the rest of the founding team add experience at #chipmakers like Broadcom and #Cypress #Semiconductors. Kumar told #TechCrunch BigEndian’s founding members had known each other for 25 years. However, he said that they decided to establish the startup after seeing significant domestic consumption — about 50 million cameras worth close to $4–$5 billion a year — alongside the incentives from the Indian government and drive from customers to find alternatives to China. “If we don’t do it, this generation will die, and it will go. There’s nobody else who has that experience to do the entire cycle,” Kumar said in an #interview. BigEndian Semiconductors India Semiconductor Mission India Electronics and Semiconductor Association by— Jagmeet Singh | September 2, 2024 | #Hardware techcrunch.com #Details— https://lnkd.in/dkvZG84e

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Credits to Shashank Mehta for putting this into words. <All founders are assholes. Must read for all working in startups. Here is a glimpse of it.> We see a vision. We want to create it. We have no idea what path shall take us there. But we know we ain’t getting there alone. We need a team that believes in the dream. So, once we are fully sold, we start selling everyone else. Of course, we don’t tell everyone that we have no clue how to get there. People need certainty. To varying degrees. And then one day, it stops. If you’ve already built something worthwhile, sell. Exit. Take the cash. Leave the game. Die a hero. This is a great option. Everyone makes decent money. Founder might even make generational wealth. But what if, by the time you hit this plateau, you’ve not built something worthwhile. Or you have, but you don’t wish to exit. In both cases, you want to continue building. You have to! Your vision is unfulfilled. You just can’t let the dream end! Unlike the case studies you debated retrospectively in B-School, the one single reason for your troubles isn’t clear at all. Everything seems to be falling apart at the same time. Demand, supply, systems, process, culture - everything is crumbling. This is the point where heroes tend to become assholes. So, before we proceed, let’s define asshole. In my conversations, I’ve found three traits that people identify as assholish behaviour. One, is integrity. Two, is when founders change. Three, is when founders deviate from the dream. A dream which was received as a promise. Of course, you may argue that over-communication is the answer. Tell your team everything that’s going on. Explain every action. Why you are doing what you’re doing. They’ll understand. If this is your argument, I bet you’ve never seen wartime. When you’re being shelled from all ends, there’s no time or energy for explanations. A good general takes the reins and leads. And changes tact and strategy to whatever keeps the dream, in some shape or form, alive (remember, Mr. General is winging it too). Some people, some culture, some promises get sacrificed in the bargain. We’ll heal those wounds once the shelling stops. But first, we live. https://lnkd.in/gpFmNqNu

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Indian startups struggle to invest in research and development (R&D) due to various challenges. Lack of funding, infrastructure, and short-sighted VC hinder R&D investments. Indian startups focus on scaling existing solutions rather than innovating new ones. The Indian startup ecosystem prioritizes short-term gains over long-term R&D investments. Government initiatives, corporate partnerships, change in VC mindset and tax incentives can encourage R&D investments in Indian startups.

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Andrew Ng’s AI Fund has made its first investment in India. Backing an AI Healthcare startup in Gurugram. Jivi Founded in 2023 by Ankur Jain (ex-Chief Product Officer at BharatPe) AND GV Sanjay Reddy (Chairman, Reddy Ventures) Jivi is using AI to transform healthcare delivery. 1) Diagnostics- AI-powered diagnoses and treatment suggestions. 2) Health Reports- Personalized reports from millions of medical journals. 3) Admin Efficiency- Automating tasks to free up healthcare professionals. Platform supports over 20 specialties. Partnering with 100+ Doctors and Hospitals to assist with. India’s AI market projected to hit $22 billion by 2027. Startups like Jivi play a major role in solving healthcare challenges through innovation.

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Does improving your GMAT score feel like an insurmountable challenge? Imagine going from 490 to 685! Meet Kartik, who did just that, achieving a stellar 685 on the GMAT Focus Edition, placing him in the 97th percentile. Through unwavering diligence and strategic approach, Kartik transformed his performance in Verbal from the 43rd percentile to an impressive 98th percentile and improved to the 96th percentile in Data Insight. 1. 𝐕𝐞𝐫𝐛𝐚𝐥 𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧: Starting with a 43rd percentile in Verbal, Kartik soared to the 98th percentile. How? Kartik honed the skills of pre-thinking in CR and reading strategies in RC. The video lessons in the course and Scholaranium helped him master Critical Reasoning, and Reading Comprehension. He says, “𝘛𝘩𝘦 𝘷𝘪𝘥𝘦𝘰 𝘭𝘦𝘴𝘴𝘰𝘯𝘴 𝘳𝘦𝘴𝘰𝘯𝘢𝘵𝘦𝘥 𝘸𝘪𝘵𝘩 𝘮𝘦 𝘢𝘯𝘥 𝘩𝘦𝘭𝘱𝘦𝘥 𝘮𝘦 𝘶𝘯𝘥𝘦𝘳𝘴𝘵𝘢𝘯𝘥 𝘢𝘯𝘥 𝘢𝘱𝘱𝘭𝘺 𝘤𝘰𝘯𝘤𝘦𝘱𝘵𝘴 𝘦𝘧𝘧𝘦𝘤𝘵𝘪𝘷𝘦𝘭𝘺. 𝘚𝘤𝘩𝘰𝘭𝘢𝘳𝘢𝘯𝘪𝘶𝘮’𝘴 𝘤𝘰𝘮𝘱𝘳𝘦𝘩𝘦𝘯𝘴𝘪𝘷𝘦 𝘲𝘶𝘦𝘴𝘵𝘪𝘰𝘯𝘴 𝘵𝘦𝘴𝘵𝘦𝘥 𝘮𝘺 𝘴𝘬𝘪𝘭𝘭𝘴 𝘢𝘵 𝘶𝘭𝘵𝘪𝘮𝘢𝘵𝘦 𝘥𝘪𝘧𝘧𝘪𝘤𝘶𝘭𝘵𝘺, 𝘴𝘪𝘨𝘯𝘪𝘧𝘪𝘤𝘢𝘯𝘵𝘭𝘺 𝘪𝘮𝘱𝘳𝘰𝘷𝘪𝘯𝘨 𝘮𝘺 𝘢𝘤𝘤𝘶𝘳𝘢𝘤𝘺 𝘢𝘯𝘥 𝘤𝘰𝘯𝘧𝘪𝘥𝘦𝘯𝘤𝘦.” 2. 𝐂𝐨𝐧𝐪𝐮𝐞𝐫𝐢𝐧𝐠 𝐐𝐮𝐚𝐧𝐭: From a 21st percentile to the 81st, Kartik’s quant journey was transformative. Despite a math background, he struggled initially. Learning the process skills taught in the course and focused practice on the cementing quizzes made all the difference. 3. 𝐃𝐚𝐭𝐚 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐌𝐚𝐬𝐭𝐞𝐫𝐲: A section that initially seemed daunting turned into Kartik’s strength, taking him from the 56th to the 96th percentile in just 40 days. By learning the art of reading tables and interpreting data correctly, Kartik could efficiently break down complex information and draw accurate conclusions. “𝘛𝘩𝘦 𝘤𝘰𝘶𝘳𝘴𝘦’𝘴 𝘵𝘩𝘰𝘳𝘰𝘶𝘨𝘩 𝘦𝘹𝘱𝘭𝘢𝘯𝘢𝘵𝘪𝘰𝘯𝘴 𝘢𝘯𝘥 𝘦𝘹𝘦𝘳𝘤𝘪𝘴𝘦𝘴 𝘮𝘢𝘥𝘦 𝘋𝘐 𝘵𝘩𝘦 𝘦𝘢𝘴𝘪𝘦𝘴𝘵 𝘴𝘦𝘤𝘵𝘪𝘰𝘯 𝘧𝘰𝘳 𝘮𝘦,” he says. 4. 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐏𝐫𝐞𝐩𝐚𝐫𝐚𝐭𝐢𝐨𝐧: Kartik’s success wasn’t just about learning concepts but also strategic preparation. He meticulously analysed his mistakes, managed his time effectively, and maintained a positive mindset throughout his journey. If you’re facing similar challenges, don’t miss Kartik’s inspiring story! Learn how strategic preparation and the right resources can transform your GMAT journey. Watch Kartik's Journey Here: https://lnkd.in/gTcDVqwr Follow Payal Tandon and Rajat Sadana for more stories and strategies that will help you ace the GMAT! Rajat, Abhinav, Atul, Shubham, Rida, Prakriti, Sanchari, Abhishek, Rashmi, Abha, Satish, Manas, Dhruv #GMAT #GMATPreparation #GMATSuccess #eGMAT #TestPreparation #SuccessStory #MBA #BusinessSchool #StudySmart #AchieveYourGoals

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Bengaluru-based deeptech startup CynLr just raised $10M to fuel its robotics revolution! Led by Pavestone VC and Athera Venture Partners (formerly Inventus India) Partners, this funding will double their workforce, boost hardware & software, and expand global operations! The company’s CyRo robot, powered by cutting-edge vision systems, is reshaping manufacturing with its ability to handle any object—no training required! Want to know how CynLr is taking robotics to the next level? Read more👇 Gokul N A | Nikhil Ramaswamy

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The Indian term Indicorns are the true measure of success in India’s startup ecosystem. The new term propounded by the Kunal Bahal, Titan Capital. An alternative to 'unicorns', they represent profitable companies that have shot past the ₹100 crore revenue milestone as of FY 2023. Founded within the last 15 years, these startups exemplify remarkable growth and innovation—whether bootstrapped, acquired, or publicly listed. Here's a look at the diverse sectors where indicorns are showcasing the best of Indian innovation and entrepreneurial excellence.

As the Indian startup ecosystem continues to evolve, the #preseed stage has emerged as a critical phase for early-stage founders. It’s the bridge between a bold idea and a scalable business. At this stage, #entrepreneurs receive the funding and mentorship needed to validate their concepts, build prototypes, and establish early traction. This is also when decisions around product-market fit, team building, and business models take shape. For the right teams building the right products at the right time, pre-seed capital can be just the rocket-fuel they need to take off successfully. To guide founders through this pivotal stage, #WeWorkLabs and Eximius Ventures have come together to create a comprehensive Pre-Seed Guide, aimed at demystifying how the pre-seed world works and equipping you with the know-how to set yourself up for a successful fundraise. Stay tuned for its launch! 🚀 WeWork India | Eximius Ventures | Pearl Agarwal | Preeti N. | Pankhudi Kedia | Aniket Jagtap | Shenjit Basu | Mohini Kumar | Tanuj Ahuja | Akanksha Sarma #Startups #Entrepreneurship #PreSeed #India #VentureCapital #Innovation #WeWorkLabs #EximiusVentures

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Vishal Aman, VP Investments at Ankur Capital, shares his Semiconductor Fabless Accelerator Lab (SFAL) Investor Day experience meeting innovative startups, driving impactful innovations in overlooked markets. Ankur Capital empowers visionary entrepreneurs, focusing on digital and deep science tech companies, redefining industries for societal progress. K Sridhar | Sunil G Acharya | Montu Makadia | Vishal Aman | Ankur Capital | IT BT Department, Karnataka | Karnataka Digital Economy Mission (KDEM) | India Electronics and Semiconductor Association | Startup Karnataka #AnkurCapital #SFAL #InvestorDay #Innovation #TechInvestment #StartupSuccess #StartupGrowth #StartupInnovation #InvestInIndia #MakeInIndia #StartupInvestment

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🚀 A $7 TRILLION economy by 2030 - the biggest wealth creation opportunity of our generation is unfolding in #India. But how will we get there? This week, we launched #Upstart - a groundbreaking series that decodes India's unprecedented growth story through the lens of its innovators and architects. The numbers are staggering: 👉🏼 97 million people joining the workforce in next decade 👉🏼 371 million middle-class consumers (world's largest) 👉🏼 40% of power capacity from renewables 👉🏼 Digital payments transactions highest globally, 2-10x of developed nations 👉🏼 Services exports hit record $341.1 billion in FY24 But numbers only tell half the story. In Episode 1, we sit down with Pranav Pai, Founding Partner of 3one4 Capital, one of India's most influential VCs who has backed 70+ category leaders including Licious, DarwinBox, and Open. Highlights from the episode: 💡 Why services are "India's LeBron James" for the next 30 years 💡 How PLI schemes are transforming manufacturing 💡 The critical policy shifts needed for global competitiveness 💡 Where the biggest startup opportunities lie in this transition Want to understand where the next decade of opportunity lies in the world's fastest-growing major economy? 👉 Watch Episode 1 of Upstart today! https://lnkd.in/gjqcU47W WeWork India | #WeWorkLabs | Aniket Jagtap | Mohini Kumar | Shenjit Basu | Akanksha Sarma | Tanuj Ahuja #Startups #VentureCapital #Founders #MakeInIndia #StartupIndia #IndianEconomy #Leadership #Entrepreneurship

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**Founders & GTM leaders ** -- only 2 days left to sign up for Lightspeed India'a #MastersOfSaaS session with the creator of MEDDIC - John McMahon known widely as the BEST salesperson in the world. John is a board member at companies such as Snowflake MongoDB ThoughtSpot and more! This will be an online session on JUN25th 8-9PM IST / 730AM PST. Please RSVP early to reserve your spot: https://shorturl.at/ZPLxH We'll discuss: - common mistakes in setting up sales teams - learnings from being a CRO at multiple 100M+ ARR businesses - how to hire A+ talent, every. single. time. - and much more!

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50 Gen AI Startups in India: A compendium of select cutting edge Gen AI ventures, market trends & landscape.  The report curated by 3AI Quants team has been incorporated with inputs & viewpoints from 3AI Thought Leaders & it encapsulates the primary & secondary research components of Gen AI ventures that are driven by innovation and supported by robust investment activities. Gen AI segment per se is set for significant growth with the projections indicating it will surpass $100 bn market size by 2027 with a CAGR of 34%. Reach to us at: [email protected] for more details. #GenAI #IndiaGenAI #AIStartups #3aiQuants Sameer Dhanrajani Nandakumar Ramaiah Kapil Gandhi

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50 Gen AI Startups in India: A compendium of select cutting edge Gen AI ventures, market trends & landscape.  The report curated by 3AI Quants team has been incorporated with inputs & viewpoints from 3AI Thought Leaders & it encapsulates the primary & secondary research components of Gen AI ventures that are driven by innovation and supported by robust investment activities. Gen AI segment per se is set for significant growth with the projections indicating it will surpass $100 bn market size by 2027 with a CAGR of 34%. Reach to us at: [email protected] for more details. #GenAI #IndiaGenAI #AIStartups #3aiQuants Sameer Dhanrajani Nandakumar Ramaiah Kapil Gandhi

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We backed Theranautilus because they reach places that have never been reached before. Led by Shanmukh, a trio of extraordinary researchers are building nanorobotics for healthcare. Leveraging two decades of groundbreaking research from Harvard to IISC (India), their patented technology features magnetically controlled nanobots designed for precise therapeutic interventions within the human body. Their initial focus is on drug delivery in the oral cavity, with future potential in regenerative medicine and cancer research. We invested alongside pi Ventures, Abhishek Goyal and Lalit Keshre. Small is beautiful. Link to article in comments. Debayan Dasgupta, Ambarish Ghosh, Venkat Raju, Shrey Sharma, Afreed Faizan, Michael Marmor, Anand Rao, PhD, MBA, Quentin Mallet, JB Michel, Sohil Bhagat, Shubham Sandeep, Manish Singhal, Komal Gupta

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In a free-wheeling chat, Jyotiswarup Pai Raiturkar, CTO & Deepak Chandani, Chief Data Officer, Angel One delve deep into the company's "Super App" that is witnessing 3 million active users on a daily basis and the tech stack powering the platform. Do watch this exclusive conversation with these 2 industry thought leaders!!!

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#DeepTech Surge in India! 🇮🇳 83,000 patents filed in FY 23 (highest in 20 years) - 24.6% YoY increase. #AI, #IoT, & #Biotech leading the innovation charge across #Healthcare, #Automation and #Retail industries. ⚙️ What's driving this? Subsidies by the government for IP registrations for startups and MSMEs (micro, small and medium enterprises), facilitation centres, a strong research and development ecosystem, literacy and an increased number of PhD scholars. #OpenInnovation #Patents #Startups Download your report here: https://lnkd.in/gCYhecKT https://lnkd.in/gsu2-b_x

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