ASYMMETRIC

The ASYMMETRIC Crew today:Revant: Founder, Mosaic WellnessShantanu: Founder, Bombay Shaving CompanyChirag: Founder, GoKwikDarshit: GP, Sparrow Capital 0:00 Coming Up1:14 Intro3:14 Building in India for the World - Key Considerations11:05 Going Global: SaaS and Consumer Companies17:39 Going Global: B2B vs B2C Considerations for VCs24:12 Going Global: Challenges Faced by B2B Companies29:28 Build in India and Scale Globally vs Build Directly for the World?36:42 Going Global: Product-led Growth vs Sales-led Growth 41:32 SaaS and Sales-Led Growth 47:09 Opportunities outside SaaS54:26 - Examining Trump’s Tariffs58:15 Tesla Entry in India1:03:03 Thoughts on India’s VC Ecosystem1:11:23 India to US for Venture Firms1:20:23 Cricket and the Sports IndustryRelevant links:https://drive.google.com/file/d/1UO4ckdtjWCv3JTapthD-iBLuyh6E_Mgk/view?usp=drive_link

The ASYMMETRIC Crew today:Revant: Founder, Mosaic WellnessShantanu: Founder, Bombay Shaving CompanyChirag: Founder, GoKwikAnand Lunia: GP, India Quotient0:00 Coming Up1:28 Intro and Welcome to Anand Lunia!2:46 Myths About India10:46 KukuFM - Monthly Works14:19 Zudio & 0 CAC18:31 India 1 vs Bharat VCs21:07 LendingKart 22:48 WhatsApp24:20 ShareChat25:45 UPI Autopay29:18 Ludo & Gaming38:00 FRND: Bharat Pays42:32 Google & Meta 44:40 Does India need its own Meta?46:51 AstroTalk47:48 Clarity50:14 Shoes for Women of Bharat52:23 Indian Masalas 53:08 Need for Manufacturing 54:31 Maruti55:38 Toys57:53 SaaS & Vyapaar1:02:03 Revenue or Efficiency for SAAS?1:05:57 Shoutout to Our Commenters!1:06:41 The Magic Recipe for Bharat1:08:10 AI for Bharat1:14:30 Thoughts on Talent 1:19:30 The Tech-Bro Overhead1:23:27 A Formula for TalentIndia Insights by India Quotient 2025 report: https://docsend.com/view/r8jxg7sr8nbhxfjg

The ASYMMETRIC Crew today:Revant: CEO, Mosaic WellnessShantanu: Founder, Bombay Shaving CoChirag: CEO, GoKwik0:00 Coming Up1:19 Intro03:21 Uber's Subscription Model in India06:43 Analysis of Uber's Business Model10:41 The Evolution of Uber's Business Models in India17:27 Challenges for US Companies in India27:32 Ola's Market Position and IPO Considerations34:18 The Asymmetric Index39:43 The Rise of Cred and Its Innovative Products43:50 Understanding Cred's Unique Lending Model45:32 The Impact of Mutual Funds on Lending49:46 Risk and Reward in Youth Lending54:00 The Future of Lending and Credit Cards59:09 Book recommendations01:09:44 Concluding thoughtsLinks referred to in the episode:https://drive.google.com/file/d/1FvbnpPc-F7atO_ulSe4qW2cvW7CJ4xVQ/view?usp=sharingThe ASYMMETRIC Index:http://asymmetric-web.vercel.app/

The ASYMMETRIC Crew today:Revant: CEO, Mosaic WellnessShantanu: Founder, Bombay Shaving CoChirag: CEO, GoKwikSajith Pai: VC at Blume Ventures, India1:00 Intro & Welcome to Sajith Pai!1:53 The Indus Valley Report 2025 - Reception So Far5:11 India’s Consumption Patterns - An Overview10:35 Consumption Trends Across India 1, 2, 315:53 India vs China Approach to Growth 18:33 Is Manufacturing the Only Playbook for Growth? 22:26 Are We Seeing a Manufacturing Boom?26:37 How Should Startups Think About India 1 vs India 2 and 3?29:04 What Is Stopping India From Seeing a Manufacturing Boom?35:29 Why Can’t the Indian Government Just Ban Certain Sectors?40:25 Is It Easy Setting Up Manufacturing in India?46:44 The VC Perspective on Manufacturing49:32 Expanding from India 1 to India 2 and 352:13 Q-Comm Growth Explained55:25 Who is Q-Comm Good For?64:20 State of the Indian Capital Market70:48 Pressures Faced by Venture Capitalists73:50 Concluding Thoughts75:39 How Does The Indus Valley Report Get Made?Indus Valley Report: https://docsend.com/view/pyxuqunkm9ejw38q

The ASYMMETRIC Crew today:Revant: CEO, Mosaic WellnessShantanu: Founder, Bombay Shaving CoChirag: CEO, GoKwik0:00 Coming Up1:26 Intro & Something New!2:57 The Ranveer Allahbadia Controversy6:10 Behind the Scenes on this Controversy11:24 Why We Need Regulation for Content15:21 Liver King & Other Examples Making the Case for Regulation20:08 Conclusions on This Debate22:57 Jio-Hotstar - Behind the Scenes27:48 Does Jio Even Need Hotstar?34:13 Broader Implications of Jio-Hotstar 39:18 Changes in Social Media Algos44:35 Honasa (MamaEarth) Results 48:56 - How MamaEarth’s Assortment Impacts Its Revenue50:04 - MamaEarth’s Impact on Honasa Results53:06 The Importance of Industrialists & Innovators57:31 Responding to Comments1:04:48 BTSHonasa chart:https://drive.google.com/file/d/1f8de0gFFhemxZcBvblrLEqAXHsYtHU_7/view?usp=sharing

The ASYMMETRIC Crew today:Revant: CEO, Mosaic WellnessShantanu: Founder, Bombay Shaving CoChirag: CEO, GoKwik0:00 Coming Up 1:15 Intro 3:39 Shein’s Global Success 9:34 Deep Dive Into Shein’s Re-entry in India 15:12 Who Will Take the Hit in Fashion in India? 19:57 Can Shein Crack Costs in India? 22:56 Nykaa’s FY25Q3 Results 28:16 Nykaa’s Biggest Challenge - Q-Com34:15 Why Isn’t Q-Com Big in China?36:48 Delhivery’s FY25Q3 Results 41:56 Should Delhivery Double Down on QComm? 46:25 WeWork India’s IPO - The Background 50:20 Why WeWork Made It in India 54:16 Different Co-Working Models & How They’ve Fared 01:02:44 Health Corner - Whoop’s Calorie Counter 01:06:05 Is Magnesium Addictive? 01:08:14 Whey & Protein in IndiaLinks referred to in the episode:https://drive.google.com/file/d/1M8-J9vUKPLPwXoZn8B7jjty057sPTEKw/view?usp=sharinghttps://drive.google.com/file/d/1pRrSSgnjxJk1m-MnED7-b7Wjf4CJdwl3/view?usp=drive_link

The ASYMMETRIC Crew today:Revant: CEO, Mosaic WellnessShantanu: Founder, Bombay Shaving CoChirag: CEO, GoKwikAnkush Grover: Co-Founder Rebel Foods0:00 Coming Up1:10 Intro & Welcome to Ankush Grover!2:10 Swiggy Results Overview, vis a vis Zomato6:42 10-Min Food Delivery - How It Works13:35 Opportunity for Brands in the 10-Min Delivery Market19:06 What Comes After 10-Min Delivery?25:42 New Models in the Food Delivery Space27:17 Swiggy vs Zomato - Comparison of Key Metrics34:01 The Multiplier Effect of a Rs 100 Increase in AOV39:42 India’s 2025 Budget - Implications for the Economy45:10 Lessons from Ankush’s Weight Loss Journey52:53 Weighing In on Whey56:08 The Body is the Best Tracking Device57:42 Off-Screen BanterLinks referred to in the episode:https://docs.google.com/spreadsheets/d/12gj5ucQ4--OWQe1q8U1IGmWRRq8xvAMV-fdC1EW_mUI/edit?usp=sharing

The ASYMMETRIC Crew today:Revant: CEO, Mosaic WellnessShantanu: Founder, Bombay Shaving CoChirag: CEO, GoKwikAakrit Vaish: Advisor INDIAai, Ex-CEO Haptik0:00 Coming Up1:06 Intro and Welcome Aakrit!2:35 DeepSeek - The Lesser Known Context09:45 Insights for India & Learnings from DeepSeek16:03 The Indian AI Ecosystem - What’s Missing?20:13 All About IndiaAI & What It Means for Founders and Builders24:23 New Opportunities for India with the Government’s Push32:23 The Real Cost of DeepSeek AI35:53 The Role of Academia in Economic Growth41:37 Examining the StarGate Announcement45:43 Wingify’s $200mn Buyout - A Non-Venture Path51:36 The 3 Market Types and Where VCs Are Needed1:08:59 EverStone and Wingify; Trends on Private Equity in India1:12:53 Health CornerLinks referred to in the episode:https://drive.google.com/file/d/15MfkTfodVHcyVoARdmXDWQvvd0h_8laZ/view?usp=drive_linkhttps://www.sequoiacap.com/article/pmf-framework/

The ASYMMETRIC Crew today:Revant: CEO, Mosaic WellnessShantanu: Founder, Bombay Shaving CoChirag: CEO, GoKwikVikram Vaidyanathan: Managing Director at Z470:00 Coming Up1:23 Intro & Hello to Vikram Vaidyanathan2:39 Amazon-Axio Deal12:40 A Review of Buy Now Pay Later (BNPL) in India18:04 Strategic Investments & Minimalist’s Acquisition by Unilever23:20 Predictions on BNPL for Food Delivery30:15 Acquisitions – Good or Bad? Founders’ Perspective37:33 Bringing Together the Good and Bad on Acquisitions45:37 Zomato’s Q3 Results + Its Growth vs Profitability Framework51:40 The Impact of Zomato’s Result on Market Dynamics58:58 JusPay’s Orchestration Layer & What It Means for the FinTech Ecosystem01:09:52 Health CornerLinks referred to in the episode:https://economictimes.indiatimes.com/tech/startups/amazon-acquires-fintech-lending-startup-axio/articleshow/117291725.cms?from=mdrhttps://juspay.io/blog/our-belief-in-an-ecosystem-that-fosters-diversity-interoperability-and-innovation (edited)

The ASYMMETRIC Crew today:Revant: CEO, Mosaic WellnessShantanu: Founder, Bombay Shaving CoChirag: CEO, GoKwikAnkush Grover: Co-Founder Rebel Foods0:00 Coming Up1:10 Intro & Welcome to Ankush Grover!2:10 Swiggy Results Overview, vis a vis Zomato6:42 10-Min Food Delivery - How It Works13:35 Opportunity for Brands in the 10-Min Delivery Market19:06 What Comes After 10-Min Delivery?25:42 New Models in the Food Delivery Space27:17 Swiggy vs Zomato - Comparison of Key Metrics34:01 The Multiplier Effect of a Rs 100 Increase in AOV39:42 India’s 2025 Budget - Implications for the Economy45:10 Lessons from Ankush’s Weight Loss Journey52:53 Weighing In on Whey56:08 The Body is the Best Tracking Device57:42 Off-Screen BanterLinks referred to in the episode:https://docs.google.com/spreadsheets/d/12gj5ucQ4--OWQe1q8U1IGmWRRq8xvAMV-fdC1EW_mUI/edit?usp=sharing