Subrata Mitra on India’s VC Reset, the AI Capital Race and What Comes Next

What does one of India’s original venture capitalists see coming next? Accel’s Subrata Mitra speaks to Anirban Chowdhury about a funding market moving from exuberance to discipline—and an AI boom whose economics remain deeply uncertain. He explains why India cannot fight a trillion-dollar foundational-model battle with a fraction of that capital, and where its more credible opportunities lie. The conversation explores Accel’s interest in AI-enabled services, deeptech, spacetech and advanced manufacturing, the logic behind keeping funds relatively small, and the long process of developing investors. Mitra also shares lessons from failure, reinvention and the unpredictable journeys of successful founders.Listen In You can follow Anirban Chowdhury on his social media: X and LinkedinCheck out other interesting episodes like -Sarvam AI on NVIDIA's Investment, Voice AI Economics, and India's AI Strategy, Cognizant’s Surya Gummadi on How AI Can Deliver Returns, The Future of Insurance in India | Sarbvir Singh of PB Fintech, Groww’s ₹6,600 Cr Leap - Fintech’s Big Market Test Begins , OML CEO on the Creator Economy’s Next Wave & much more.Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.