SparX by Mukesh Bansal

Neelkanth Mishra, a senior semiconductor expert who helped shape the India Semiconductor Mission, discusses India’s semiconductor roadmap and the realities of execution. He explains ecosystem roles, why entry barriers are so high, Micron’s fast‑tracked entry, geopolitical advantages, and the plan to seed multiple large plants to catalyze a domestic industry.

In this episode of SparX, Mukesh Bansal speaks with Emad Mostaque about the rapid acceleration of artificial intelligence and how it could fundamentally reshape work, daily life, and global power over the next decade.Emad breaks down why AI is advancing faster than any previous technology, the role of data, scale, and open-source systems in driving this shift, and what it means for jobs, companies, and countries racing to stay relevant. From the rise of AI-first organizations to how life may look by 2030, this conversation offers a clear, unsentimental view of the future that’s already unfolding.0:00 – 2:31 Introduction2:32 – 7:34 Rapid Growth of AI7:35 – 13:38 China’s Rise as an AI leader 13:39 – 19:47 Scaling AI Models Using Meta Verifiers 19:48 – 30:42 Future of AI in Everyday Life and Jobs30:43 – 39:39 How Companies Should Approach AI and Technology Shifts39:40 – 46:12 What Emad’s New Company Is Trying to Build46:13 – 53:54 Who Is Driving the Future of AI53:55 – 59:49 What India Needs to Get Right in AI field59:50 – 01:01:07 Outro

In a compelling discussion, BJ Fogg, a Stanford behavior scientist and author of Tiny Habits, reveals the secrets behind effective habit formation. He shares insights on how to design habits deliberately and the critical role of our environment in shaping behavior. Fogg emphasizes the significance of tiny steps and self-reinforcement to create lasting change. He also highlights the complexities of breaking bad habits and the transformative power of small successes on identity. Overall, the conversation offers practical strategies for anyone looking to improve their habits.

Debjani Ghosh, former technology executive and current leader of the Frontier Tech Hub at NITI Aayog, shares her insights on the future of AI and its implications for India's technological landscape. She discusses the transformative impact of AI on jobs, emphasizing the need for rapid reskilling and the emergence of new job clusters. Debjani highlights the importance of indigenous capabilities for resilience in tech, while stressing that technology has become the new axis of power. She also advocates for a swift update of curricula to keep pace with rapid advancements.

In this episode of SparX, Mukesh Bansal sits down with economist and policy thinker Neelkanth Mishra to unpack why he believes this is the true golden age of Indian entrepreneurship. They talk about:Falling cost of capital and a stronger banking system expanding access to debt and equity.Massive domestic flows via SIPs, EPFO, and insurance fueling startups and exits.Policy shifts in GST, decriminalization, and state reforms that slowly ease doing business.The next wave beyond internet startups: fintech, precision manufacturing, hardware, semiconductors, and data centers.The next wave of entrepreneurship beyond internet companies: fintech, precision manufacturing, hardware, semiconductors, data centers, and chip design.Aadhaar’s evolution into a trust and KYC layer, and how lower unit costs in finance, education, and health can break vicious economic cycles.Navigating big tech power, US–China tensions, and political noise while staying focused on India’s long runway from $4T to $20T GDP.If you’re interested in where India’s economy is really headed, how policy and infrastructure shape founder opportunities, or what it takes to build in the middle of geopolitical churn, this conversation with Neelkanth offers rare clarity, realism, and optimism.

In this episode of SparX, Mukesh Bansal sits down with Sanjeev Bikhchandani, founder of Info Edge (Naukri.com), the man who quietly built the foundation of India’s internet economy.From bootstrapping Naukri for 10 years without a salary to backing iconic startups like Zomato and Policybazaar, Sanjeev’s story is a masterclass in patience, conviction, and timing. He reflects on his early dreams of entrepreneurship in the 1970s, quitting his stable job in the 80s for independence, surviving the dot-com bubble, and helping shape India’s startup ecosystem.They talk about:How Naukri was born before the internet arrived in India.The 7 years Sanjeev lived without a salary and how he made it work.Missing early investments in Flipkart, Ola, and Lenskart and what he learned.The mental models around luck, timing, and persistence.Why India still hasn’t built trillion-dollar tech companies and how that could change.His hopes for India’s next wave of startups in AI, deep tech, and IP creation.Sanjeev also opens up about his personal evolution from a restless 25-year-old marketer selling Horlicks to one of India’s most respected entrepreneurs and investors.If you want to understand the real DNA of Indian entrepreneurship, this conversation is a rare glimpse into the mind of the man who started it all.Chapters:00:00 – 01:18 Introduction01:19 – 03:38 Missing Flipkart, Myntra & Ola03:39 – 10:10 The JRD Tata Moment10:11 – 17:36 Early Career & Struggles17:37 – 24:08 First Startup Experiments24:09 – 30:09 How Naukri Was Born30:10 – 41:44 Dotcom boom & crazy valuations41:45 – 44:14 The Role of Luck44:15 – 51:27 Betting Early on India’s Unicorns51:28 – 54:09 What He Seeks in Founders54:10 – 1:03:03 Can India Build Trillion-Dollar Tech Giants?1:03:04 – 1:10:22 Career Advice from Sanjeev

Peyush Bansal, Co-founder and CEO of Lenskart, shares his journey from Microsoft to revolutionizing eyewear in India. He discusses the alarming vision crisis, how Lenskart combats cultural stigmas around glasses, and the vital need for accessible eye care. Listeners learn about his strategic focus on manufacturing, impressive growth metrics, and the challenges of offline retail. Peyush also reflects on valuable lessons from a near-fatal funding crisis and his experiences on Shark Tank, emphasizing the importance of purpose-driven entrepreneurship.

In this episode of SparX, Mukesh Bansal talks with Abhay Karandikar, Secretary of the Department of Science and Technology and former Director of IIT Kanpur. They break down how India can build core technology at home, move research from labs to real products, and grow deep tech in AI, quantum, space, biotech, energy and medical tech.They speak about:How capital will be deployed through trusted second-level fund managers like AIFs, DFIs, TDB, BIRAC and IIT research parksPriority areas, from energy transition to biotech, quantum, robotics, space and defence techThe path from basic research to product, including the TRL 4 to 6 valley of deathIndia’s AI plan, including language models, curated datasets and GPU infrastructureThe national quantum mission across computing, communication, sensing and materialsIf you are building deep tech in India or tracking where the next breakthroughs may come from, this conversation is a must-watch.

Manish Gupta, Senior Director at Google DeepMind, shares his insights on the future of AI and India's innovation landscape. He emphasizes the importance of tackling fundamental 'root node' scientific challenges to unlock breakthroughs. A heated discussion reveals why Indian CEOs should invest more in R&D to foster a culture of ambition and acceptance of failure. Gupta also foresees AI transforming sectors like healthcare and agriculture, calling for India to transition from merely using AI to becoming a creator of it.

Roopa Kudva, former head of CRISIL and leader at Omidyar Network India, shares her insights from her book, Leadership Beyond the Playbook. She discusses the importance of crafting a personal leadership identity based on values and experiences. Roopa highlights the challenges women face in leadership roles and the need for more female representation in India. She emphasizes the significance of mental health in leadership, advocating for vulnerability and open conversations. Her journey and reflections offer valuable lessons for aspiring leaders.