What’s it like running a $1.3B venture fund in India? After 8 unicorns, 4 IPOs, 140+ investments, and nearly $1B returned to LPs, Sudhir Sethi sat down with Vihaan Khanna to break down his journey building Chiratae Ventures and the bets that defined it.

They discuss:

• why the next wave of generational companies will be built in India
• how VCs can operate with founder DNA
• his early investments in Flipkart, Myntra, Lenskart, and more

Connect with Sudhir: https://www.linkedin.com/in/sudhir-sethi-a5303510b/

Connect with Vihaan: https://www.linkedin.com/in/vihaan-khanna/

Email: [email protected]

Start your podcast: https://atomikgrowth.com

00:00 Trailer

01:01 Exits

05:48 Shot clock on IRR

07:05 Memorable first phone meeting

11:40 Common denominator

12:46 Actual investment process

14:55 Exceptional founders

16:23 Everything new, the youngsters

17:25 The Chiratae ideology

19:38 Change is the only constant

20:10 The founder mindset

21:56 Misaligned incentives

23:57 Red flags

25:45 Toughest discussion

27:26 Global and domestic funds

35:18 Indian entrepreneurs are world class

37:09 Risk and ecosystem pivot

38:59 Shark Tank

39:49 Leadership framework

43:10 The markets are changing

45:04 Deploy, dry poweder, delta

48:12 Reputation and performance

51:15 Firms run their way

52:23 Incubators

54:08 What's next for Chiratae?

55:51 Legacy

57:34 Who's next?