Sreshtha Majumdar

crazy about reddit but have to be on twt🫠

[IIMA Ventures @IIMAVentures]

43 students walked into IIMA Ventures this summer with questions they wanted answers to.

As countries race to build leadership in artificial intelligence, the focus is shifting toward talent creation. Yet entrepreneurship remains inaccessible to many students at an early stage. We wanted to go beyond asking ‘Why’ and start building the answer.

The AI Summer Residency was built around AI education, founder coaching, industry immersion, mentorship, and hands-on startup building.

Today, the residency comes to an end, but the work continues as these students move forward with sharper conviction about the problems they want to solve and the companies they want to build.

[Aakash @Aakash_jais03]

day-3 @IIMAVentures

> started the day with the kickoff of the “6 days · 12 sectors” sprint exploring some of the most important sectors shaping the next decade of innovation in India.

> Had an insightful session by @ankursinha on how AI is reshaping both B2B and B2C businesses, completely changing the traditional product development lifecycle..

> Later got exposed to the space-tech track, followed by a rapid 30-minute ideation + build exercise where teams were randomly formed and had to pitch directly to sector experts

> Ended the day with some amazing mentoring and conversations with @mattern_patch, @manas_hq, @adhwantmishra and @Sreshtha855

> Wrapped up the night walking through the streets of Ahmedabad and trying some incredible street food

[Sreshtha Majumdar @Sreshtha855]

@NobelPrize What does Mr. Orange Face say about this?

[Sreshtha Majumdar @Sreshtha855]

Are we ready to share intimate photos on this "Swadeshi" app?

[Sreshtha Majumdar @Sreshtha855]

So here a questions, with all the choice and competition, who is going to stick?
Which app(s) will survive this price race, high delivery cost & consumer fickleness and still make business sense?

[Sreshtha Majumdar @Sreshtha855]

My 2-cent series and a confession-
I have 6 quick commerce apps on my phone and another 2 e-commerce apps that delivers some of its products under 20 mins. 😅

[Sreshtha Majumdar @Sreshtha855]

But I guess there is hope with new GST reforms and new income tax slabs many products will be cheaper and there will more money in the wallets.

[Sreshtha Majumdar @Sreshtha855]

Makes me wonder - why has r-commerce in India slowed to 10-11% growth in 2024, when compared to almost 20%+ before?

https://t.co/ApOtFzdB1S

[Sreshtha Majumdar @Sreshtha855]

At IIMA Ventures, we had already developed a gaming thesis before this policy shift. Fascinating to see how the landscape is evolving now. Read it here 👉 https://t.co/vQ0mk4nrMx

[Sreshtha Majumdar @Sreshtha855]

My 2-cents series
With frenzy about RMG ban, esports finally has room to grow and India might just be the best place for it because it is home to the world’s largest young population (~365M under 24).

[Sreshtha Majumdar @Sreshtha855]

A generation that is mobile-first, tech-fluent, highly competitive, and deeply social, it is the perfect ingredients for an esports boom.

[IIMA Ventures @IIMAVentures]

A lil recap of what we talked about last week
But before that. Did we tell you that Apollo 11 took 4 grenades to the moon?

We read the Apollo Lunar Surface Experiments Package manual (ALSEP) & found that they took 4 darn grenades. Guess why?
Bookmark, you dont want to miss it!🧵

[IIMA Ventures @IIMAVentures]

>We have been relentlessly reading about & tracking SpaceTech in India.
>We read crazy resources from the Apollo Lunar Surface Experiments Package manual (ALSEP) to the explanations by a scientist working on Mars Rover.
>You don't want to miss this. RT & Bookmark. Buckle up! 🧵

[IIMA Ventures @IIMAVentures]

Observations on R&D investments and its yield: A thread

$1 in Equity #MutualFunds yields $1.14 in a year
$1 in #Bitcoin would yield $1. 89 (last year)

A $1 in Open Source software R&D yields an eye-popping return of $2000, Harvard study finds

https://t.co/XHAtyob3ol