Flipkart’s Success Secrets, VC Power Law, And IPO Market : RTP Global Partner, Nishit Garg

The Neon Show

Nishit had a front-row seat to the growth of the Indian Startup ecosystem. And often times he was in the driver's seat as well.
Nishit Garg, a partner at RTP Global, shares his experiences from his early days at Flipkart, discussing the pivotal 0-1 journey and key projects that shaped his career. He provides a behind-the-scenes look at how Tiger Global revolutionized the Indian startup ecosystem and his reasons for joining RTP Global.
We also cover the scaling challenges for Indian startups, staying relevant in a rapidly evolving market, the ability to sell and the surprising nature of Indian markets.
Timestamps:
00:00 - Introduction
01:07 - Nishit’s Entry in The Startup World
07:55 - Many 0-1 Journeys at Flipkart
09:34 - Why Nishit Joined a VC Fund(again)
13:06 - How Tiger Global Changed Indian Startup World
14:59 - The Journey of RTP Global: Successes & Exits
20:30 - Why India Surprises Everyone?
24:06 - How India is Different From Silicon Valley
26:18 - What Made Flipkart An Exception
28:57 - How Indian Startups Can Become Unstoppable
31:10 - Exits, Liquidity and IPO Markets
33:44 - Power Law and How Venture Capital Works
35:33 - What RTP Looks For In Founders
36:35 - The Right to Win For VCs
39:12 - How Should Founders Select The Best Investors
42:01 - Nobody Is Too Big To Fail
44:42 - How Can VCs Be Helpful to Founders
47:41 - Risks, Checklists & Gut Call As a VC
49:33 - How RTP Invests in a Company
51:03 - The Best Startups Expand TAM
54:33 - First Time Founders Vs Second Time Founders
55:51 - Why Indian Startups Struggle After $10M ARR
58:16 - Sales Is Not A Bad Word
59:39 - What Nishit Has Learned From Portfolio Companies
1:03:06 - Advantages Indian B2B SaaS Startups Have
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Hi, I am your host Siddhartha! I have been an entrepreneur from 2012-2017 building two products AddoDoc and Babygogo. After selling my company to SHEROES, I and my partner Nansi decided to start up again. But we felt unequipped in our skillset in 2018 to build a large company. We had known 0-1 journeys from our startups but lacked the experience of building 1-10 journeys.
Hence was born The Neon Show (Earlier 100x Entrepreneur) to learn from founders and investors, the mindset to scale yourself and your company. This quest still keeps us excited even after 5 years and doing 200+ episodes.
We welcome you to our journey to understand what goes behind building a super successful company. Every episode is done with a very selfish motive, that I and Nansi should come out as a better entrepreneur and professional after absorbing the learnings.
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