If there is a person who can transform the VC land scape of India its vijay shekhar sharma...
Provided he wants to do it...
Currently US based VC's invest in pimps(excuse the harsh term ots used to drive a point) that help them meet Indian consumers using rudimentary tech...
List of pimped out unicorns from a 2024 list
1.Flipkart- broker
2BYJU’SEdTech bust
3NykaaBeauty & E-commerce broker
4Swiggybroker
5PaytmFinTech The only tech start as per its times..
6Ola CabsMobilitybroker-
@bhash
Trying to break away
7OYO RoomsHospitality broker
8ZomatoFood Delivery broker
9Dream11Gamingis this even a startup
10PhonePebroker
11RazorpayFinTech
12CredFinTech (has no use case also a broker)
13UnacademyEdTech
14MeeshoSocial Commercebroker
15PolicybazaarInsurTechbroker
16PharmEasyHealthTech~broker
17LenskartEyewear Retailis it even a startup
18BharatPeFinTech~brower
19upGradEdTech
20ChargebeeSaaSbroker
21BrowserStackSaaS~broker
22ShareChatSocial Media~$52015
23FreshworksSaaS~
24EruditusEdTech
25DelhiveryLogisticsNon tech
26OfBusinessB2B E-commerce~$5
27Rebel FoodsCloud Kitchens~Non TechIndian consumer focused
28Cars24Auto Tech broker
29AckoInsurTech~broker and fraud
30GlobalBeesE-commerce (Acquisition)~broker
31MobiKwikFinTech~
32CoinSwitch KuberCrypto~
2017
33CoinDCXCrypto
34LivspaceHome Interiors~Targets Indian consumers also broker of sorts
35VedantuEdTech~??
36Urban CompanyHome Services~broker
37MamaearthD2C (Personal Care)~its not a startup
38ElasticRunB2B Logistics~$1.52016 broker
39XpressbeesLogistics~broker
40LEAD SchoolEdTech~???..
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You get the trend...All unicorns are brokers or Pimps helping VC's reach indian consumer market at expence of sme or small tiny businesses...
There is a concentrated effort to stop Indians from creating advanced tech...
VC's invest in pimps and brokers...
India like china needs a very generous risk taking and idea and goal oriented VC community boycotting the US based VC's...