Rahil

Micro-PE investments @MalpaniVentures | Business, Startups, Tech, F1, Books and more :)

[Rahil @TheRahilShah]

🔱

[Lewis Hamilton @LewisHamilton]

It’s not over!!

[Rahil @TheRahilShah]

You can buy a Creta or you can buy the top spec model of Macbook Pro

What's your pick?

[Roshan Singh @roshanasingh6]

In March 2023, GPT-4 cost $37.50 per million tokens.

18 months later, a model just as good cost 13 cents. 286× cheaper. Today: about 5.5 cents.

So why are AI bills going up?

Because the moment a level of intelligence gets cheap, we stop wanting it.

https://t.co/Hmw9qW12v5

[Rahil @TheRahilShah]

Thank you T2 for ensuring everyone goes home only after completing 10k steps :)

[Rahil @TheRahilShah]

@Darshan_IITH I know right

[Rahil @TheRahilShah]

All these years and I have never come across this typo :) 💀

[Rahil @TheRahilShah]

Released 3 hours ago on Miller's planet

[Latest in space @latestinspace]

Interstellar released 12 years ago today ✨

[Rahil @TheRahilShah]

@latestinspace Released only few hours ago on Miller’s planet

[Rahil @TheRahilShah]

Ashlee's question is worth debating. But the answer cannot be just that Indian VCs should take more risks.
(Also, you cannot simply compare Silicon Valley with India for reasons a lot of posts already cover)

In a country where media usually only covers protests and turmoil, I left T-Works and T-Hub with a lot of positivity and hope for India.

The ambition to build is here. The opportunity is to make it easier for that ambition to become reality.

We will get there.... Soon.

🇮🇳

[Rahil @TheRahilShah]

Spent some time with founders at T-Works and T-Hub last week.
Left with something India needs more of - hope (not the blind optimism kind though)

It also helped me answer Ashlee Vance's recent question:
Why are Indian VCs so afraid to take risks and make money? 🧵

[Rahil @TheRahilShah]

Of course, infrastructure and incubators cannot substitute for good businesses. Founders still need to solve real problems, find paying customers and build sound economics.

Investors need to be disciplined about where they deploy capital.

There's a difference between rejecting a bad business and rejecting an ambitious business simply because the outcome is uncertain. Venture capital, by definition, has to accommodate uncertainty.

[Rahil @TheRahilShah]

I have seen this video at least 1M times

[Malpani Ventures @MalpaniVentures]

India’s manufacturing growth creates opportunities for businesses that improve factory productivity. We mapped 4 layers of enablers

India installed ~10,500 industrial robots in 2025, up 15% YoY and more than 2.4x the 2019 level

Our 1st layer: Factory Productivity & Automation🧵

[Rahil @TheRahilShah]

DailyObjects has convinced value driven Indians to pay INR 1000 for a phone case that otherwise could be a cheap chinese INR 150 purchase. Recently raised INR 332 Crs at INR 1050 Crs post money valuation.

Here's what I think worked:

1. DailyObjects’ playbook is a bit different - lead with design and obsessed over quality and aesthetics.
2. Also, setup its own manufacturing facility instead of choosing to import from China and white label - gives more control over supply chain and quality.
3. Plus, people who are comfortable buying an INR 100,000 phone don't mind spending INR 1,000 for a premium case.

FY26 net revenue of ₹210 Crs, nearly 2x its FY25 revenue of ₹111 crore.

Good to see an Indian brand compete with Spigen, Rinke, Otterbox and other global brands.

Congratulations @pankajgargtwt Saurav Adlakha and @daily_objects team

[Rahil @TheRahilShah]

A bit crazy that Aditya Birla announced entry into cable business in Sep'26 with Ultravolt.

The vendor who dragged Polycab to insolvency is Asier Metals Private Limited. One of the promoters of Asier (Anuj Bareja) served has additional director and director at Birla Copper Asoj Limited - a unit of Hindalco, Aditya Birla Group.

Strange for NCLAT to also stay insolvency proceedings and not see substance over form.

Sounds a bit crazy, but tiny possibility?

[Kanan Bahl @BahlKanan]

Polycab, a company worth ₹1,24,484 crores, has been dragged into insolvency.

The stock has been barred from being traded in derivatives (F&O) w.e.f. Dec 30.

It was dragged into an IBC proceeding just because of a ₹2.79 crore due to a vendor.

The news got out today and the company lost ₹1,735 crores' worth of market cap.

It is a good lesson for big companies who ill-treat their vendors.

[Rahil @TheRahilShah]

Hi @elonmusk - are you being coerced to cut access from Ukraine?

What will happen to the people in rural areas who were benefiting from Starlink?

[BRICS News @BRICSinfo]

JUST IN: 🇺🇸🇺🇦 US considers cutting Starlink internet access from Ukraine.