Puliyabaazi

2019 was a record-breaking one for Indian startups. Across sectors, companies raised more than $4 billion in venture capital last year. In fact, the first three quarters of 2019 alone witnessed the emergence of eight new unicorns (valuation > $ 1billion). So, in this episode, we take a close look at the world of venture capital which invests risk capital in these companies. To discuss this, we have Kushal Bhagia (@kushalbhagia), CEO of Firstcheque, an early-stage VC firm. We talk about:How a VC firm works - who invests in a VC firm, how do they make money, and how do employees of VC firms make money.What kind of business should look for VC money?Why do VC firms invest in such hugely loss-making startups?There is a critique of Indian VC space that most VCs have not been entrepreneurs. Is that a fair criticism? What are the consequences in India? Is it changing?How is the startup scene in India changing?यह ज़माना स्टार्टअप और नए उद्यमों का है | इस तरह की कम्पनियाँ शुरूआती चरणों में अक़्सर वेंचर कैपिटल के ज़रिए