Agreed. There isn’t any competitive advantage which Indian VC firms have when competing for deals in US at the moment. For me, the turning point was when I read that PeakXV participated in Supabase’s 100M$+ round in US. Interestingly, the VC story in India was always about FDI and the AI transformation has silently reversed it without many talking about it or understanding its consequences for the Indian ecosystem.
Agreed. There isn’t any competitive advantage which Indian VC firms have when competing for deals in US at the moment. For me, the turning point was when I read that PeakXV participated in Supabase’s 100M$+ round in US. Interestingly, the VC story in India was always about FDI and the AI transformation has silently reversed it without many talking about it or understanding its consequences for the Indian ecosystem.