My guest in today’s episode is Arpit Agarwal, a partner at Blume Ventures, one of India’s best known early-stage sector-agnostic VC firms with a solid track record of backing what Arpit describes as frontier technologies.

In this episode, we discuss the challenges and advantages of building and scaling deep science and technology-based companies out of India. Arpit delves into his experience navigating the cycles of venture capital, the gradual shift to larger fund sizes at Blume, and the fundamentals that guide investment decisions.

He also comments on international dynamics, including the movement of talent and capital in the context of AI being widely seen as the biggest opportunity for founders and investors alike. He weighs in on the shifting balance between hardware and software within India’s deep tech scene and identifies some of the most interesting investment themes.

As Blume prepares to move into its fifth fund, Arpit is also happy to debate why sector-agnostic funds may be better placed to invest in deep tech.