The Neon Show

In this episode of The Neon Show, we bring you into the room with someone who’s spent over a decade backing India’s most ambitious companies.We're joined by Prayank Swaroop, Partner at Accel. With over 14 years in venture capital, Prayank walks us through his journey of discovering and building expertise in specific sectors—from cybersecurity and developer tools to SaaS and marketplaces—and how VCs identify the categories they truly understand.We dive into how Accel chooses best founders, and the balance between backing founder versus business across stages. Prayank shares his candid thoughts on why India has been slow and late to the AI race, and what a realistic way forward could look like for Indian startups.He also offers a glimpse into Accel’s evolving investment thesis around AI, sector by sector, and talks about how the enterprise landscape is changing—and what that means for Indian founders building in this space.Tune in!0:00- Trailer1:45 – Finding Great Founders6:30 – What We'd Do Differently10:16 – Sector Expertise Matters13:15 – Where AI Money Should Go18:00 – Accel’s GenAI Bets21:18 – Sector-Wise Thesis in AI23:24 – Growth means Product in AI26:45 – Rise of Founder-Influencers29:10 – $650million India Fund31:35 – Beyond Roti, Kapda, Makaan34:07 – Why Accel is Big on Content36:03 – 15 Years in VC38:16 – Highs & Lows of VC Ecosystem43:36 – Knowledge Compounds in VC49:45 – Conviction over Consensus51:06 - Conclusion-------------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.-------------Check us out on:Website: https://neon.fund/Instagram: https://www.instagram.com/theneonshoww/LinkedIn: https://www.linkedin.com/company/beneon/Twitter: https://x.com/TheNeonShowwConnect with Siddhartha on:LinkedIn: https://www.linkedin.com/in/siddharthaahluwalia/Twitter: https://x.com/siddharthaa7-------------This video is for informational purposes only. The views expressed are those of the individuals quoted and do not constitute professional advice.Send us a text

Dev Khare, a Partner at Lightspeed Venture Partners with over 13 years of experience, discusses the changing investment landscape in India. He contrasts two funding models: the traditional Silicon Valley approach with high initial burn rates versus the 'compounder' model that promotes gradual growth and profitability. Khare shares insights on the evolution of Indian startups, the rise of AI in enterprise solutions, and the increasing significance of second-time founders. His experiences highlight the unique challenges and opportunities within India's burgeoning tech ecosystem.

Avnish Bajaj, Founding Partner at Z47 and co-founder of Matrix Partners India, brings two decades of VC experience to the table. He discusses how founders should select the right VCs, the importance of operational support in building relationships, and why second-time founders have an edge in today’s market. Bajaj reveals insights into India’s evolving startup landscape, emphasizing the significance of founder-market fit and a long-term investment perspective. Tune in to learn what truly drives success in the competitive world of venture capital.

Sharad Sharma, founder of iSPIRT and a key player in India's digital innovation, dives into the future of India's digital landscape. He discusses the rise of UPI, its transformative effect on transactions, and the necessity for strategic autonomy in tech. Sharma highlights the challenges of maintaining first-mover advantages and critiques reliance on foreign payment systems. He also underscores the importance of collaboration in building effective AI ecosystems and the need for robust regulatory frameworks to secure India’s leadership in global technology.

Vishal Jain, CEO of Zerodha Fund House, brings over 20 years of experience in India's financial markets. He discusses the evolution of mutual funds since the 1960s and highlights the pivotal role of index funds and ETFs in retail investing. Jain reveals why two-thirds of retail investors remain hesitant and underscores the importance of demystifying investments. He also shares his philosophy rooted in India's growth narrative and the cultural significance of gold as a hedge. Can passive investing truly dominate the market? Tune in to discover!

Jayant Sinha, an investor, policymaker, and former Minister of Finance & Civil Aviation, shares insights on driving India towards a sustainable future. He discusses the government's innovative funding solutions for startups and the establishment of a Sovereign Wealth Fund. Sinha emphasizes the importance of climate-conscious policies and the financial strategies needed to meet India’s net-zero goals by 2070. He also highlights transformative initiatives in aviation, such as Digi Yatra, and the urgency of addressing air quality challenges through collective action.

Sharath Narayana, founder of Sanas and Observe, discusses his journey in building successful AI-driven enterprise solutions. He shares strategies for winning US clientele, emphasizing the importance of targeting underserved markets. Fundraising tales, including securing investments from Y Combinator, highlight the necessity of effective storytelling in tech ventures. Sharath also addresses the critical role of team building and market-product fit in scaling a SaaS company, alongside innovative solutions for communication in call centers, making this conversation insightful for aspiring tech founders.

Alok Goyal and Ritesh Banglani, Partners at Stellaris Venture Partners, share insights from their successful $300 million fundraising journey. They dissect the ambitious nature of Indian founders and discuss strategies for recognizing potential billion-dollar B2B SaaS companies. The duo emphasizes the importance of decision-making dynamics and independent conviction in their investment choices. They also explore the shifting landscape of venture capital in India and the growing relevance of AI in shaping future investments.

Ganesh Krishnan, a driving force behind BigBasket, Bluestone, and HomeLane, shares his entrepreneurial journey and insights into India's startup ecosystem. He discusses the importance of simplicity in business strategies and reveals captivating stories from his ventures, including raising BigBasket's first $10M on a flight. Ganesh highlights the rise of quick commerce, the challenges in fundraising, and the significance of adapting to consumer behavior. He also delves into the transformative impact of generative AI and opportunities in vertical software markets.

In this episode, we take a deep dive into the fascinating history of semiconductors, their evolution over the years, the rise of old giants and new disruptors, and explore why India has yet to produce a leader in one of the most important technological races of all time.Raja Manickam, a serial entrepreneur in the semiconductor industry, shares from his decades of experience about the business and science of semiconductors and offers a glimpse into the future Timestamps0:00 - Trailer 1:20 - Introduction2:10 - History of Semiconductors2:56 - Raja Manickam’s Journey in the Semiconductor Industry7:02 - Evolution of Semiconductors Over Time9:49 - Why Silicon Valley?11:30 - NVIDIA: A Leader in Chips14:55 - Competition in the Semiconductor Industry17:31 - Building Microprocessors23:08 - The Race for Top Talent27:41 - NVIDIA’s Journey with CUDA and Artificial Intelligence32:03 - NVIDIA’s Market Dominance35:07 - How Google, Microsoft, and Amazon Became NVIDIA’s Key Customers36:13 - IBM’s Transformation: Market Leader to Reinvention37:48 - India’s Journey in Semiconductors and IT Services43:22 - Why India Lacks Semiconductor Giants48:00 - India’s ₹100,000 Crore Semiconductor Plan57:28 - IVP: Outsourcing Chipmaking and Focusing on Design1:01:22 - Cost of Starting a Semiconductor Manufacturing Company1:05:38 - India’s Vision for Its Semiconductor FutureHi, 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.-------------Check us out on:Website: https://neon.fund/Instagram: https://www.instagram.com/theneonshoww/LinkedIn: https://www.linkedin.com/company/beneon/Twitter: https://x.com/TheNeonShowwConnect with Siddhartha on:LinkedIn: https://www.linkedin.com/in/siddharthaahluwalia/Twitter: https://x.com/siddharthaa7-------------This video is for informational purposes only. The views expressed are those of the individuals quoted and do not constitute professional adviceSend us a text