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

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 - Introduction01:07 - Nishit’s Entry in The Startup World07:55 - Many 0-1 Journeys at Flipkart09:34 - Why Nishit Joined a VC Fund(again)13:06 - How Tiger Global Changed Indian Startup World14:59 - The Journey of RTP Global: Successes & Exits20:30 - Why India Surprises Everyone?24:06 - How India is Different From Silicon Valley26:18 - What Made Flipkart An Exception28:57 - How Indian Startups Can Become Unstoppable31:10 - Exits, Liquidity and IPO Markets33:44 - Power Law and How Venture Capital Works35:33 - What RTP Looks For In Founders36:35 - The Right to Win For VCs39:12 - How Should Founders Select The Best Investors42:01 -  Nobody Is Too Big To Fail44:42 - How Can VCs Be Helpful to Founders47:41 - Risks, Checklists & Gut Call As a VC49:33 - How RTP Invests in a Company51:03 - The Best Startups Expand TAM54:33 - First Time Founders Vs Second Time Founders55:51 - Why Indian Startups Struggle After $10M ARR58:16 - Sales Is Not A Bad Word59:39 - What Nishit Has Learned From Portfolio Companies1:03:06 - Advantages Indian B2B SaaS Startups Have___________________________________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. __________________________________Visit our Website: https://neon.fund/Follow us on Instagram: https://www.instagram.com/theneonshoww/Follow us on Twitter: https://twitter.com/TheNeonShowwFollow us on LinkedIn: https://www.linkedin.com/company/beneon/__________________________________*Sponsor Shout Out*Looking to build a differentiated tech startup with a 10X better solution? Prime is the high conviction, high support investor you need. With its fourth fund of $120M, Prime actively works with star teams to accelerate building great companies.To know more, visit https://primevp.in/Send us Fan Mail