Darshit

Venture Capital.
Currently Seed Investing at Sparrow Capital
Ex-Kalaari, Archerman Capital

[Darshit @darshit_vora]

@tejeshwi_sharma @sparrowcapvc Thanks a lot TJ !!

[Darshit @darshit_vora]

@TusharBehl0x @yash_sparrow Thanks a lot @TusharBehl0x

[ASYMMETRIC Podcast @ASYMMETRICCREW]

Episode 8 live now.

The ASYMMETRIC Crew:

@RevantB: CEO, Mosaic Wellness
@shantanukd: Founder, Bombay Shaving Co
@tchirag: CEO, GoKwik
@aseemdhru: MD & CEO, SBFC Finance Ltd
@darshit_vora: GP, Sparrow Capital

00:09 Swiggy IPO Listing
01:27 Swiggy IPO Results
04:03 10min Food Delivery
05:13 Zepto raises $350M from Family Offices
09:18 Vishal Mega Mart IPO
09:35 Vishal Mega Mart Growth
12:02 India's Slowing GDP
15:02 Rising Debt in India
17:02 Unacademy sale
20:42 VCs' Negative Cash flow for 2023/24

[ASYMMETRIC Podcast @ASYMMETRICCREW]

Episode 4 live now.

The ASYMMETRIC Crew today:
@RevantB
@shantanukd
@tchirag
@darshit_vora

(03:07) Swiggy's Q2 results
(18:28) 10min food delivery
(19:42) Blackbuck, results & investment implications
(36:45) Dynamics of payment flow businesses
(55:05) Closure

[Chirag “JOSH” Taneja @tchirag]

Building in India 🇮🇳 for the world 🌍

Welcome @ReturnPrime to the GoKwik fam, let’s build awesome stuff together #GoKwikGoesGlobal

https://t.co/LFbN7VWJk6

[Viraj Sheth @viraj_sheth]

Everything around you is PR, man. EVERYTHING.

SKY putting a heartbroken emoji to hint Rohit’s removal.

Babil Khan’s well-framed answers.

Tripti Dimri suddenly taking the National Crush crown from Rashmika.

2 YouTubers fighting over a cause.

Political parties meme-ing the shit out of each other.

All the people that go on podcasts. Including ours.

This is the cost of having to stay relevant at all times. And when attention is currency, this will only increase. This is bread and butter.

Take everything with a pinch of salt. Have real, offline experiences every once in a while to detox.

Work on yourself so you don’t get too consumed by everything going up on social media.

[Darshit @darshit_vora]

@RajatAgarwal167 @matrixindiavc @McKinsey Congratulations Rajat !!

[Darshit @darshit_vora]

Amount of work that has happened in developing national highway infrastructure in India is unbelievable..

Bas aab ye truck walo ko koi lane discipline sikha de..

[Darshit @darshit_vora]

@anuragwho @3one4Capital Awesome, congratulations !!

[Darshit @darshit_vora]

In 2021/22, 10x revenue multiple was a norm

But not in 2023. As of Jan'23 only 15 out of 100 BVP public cloud index SaaS companies were trading above 10x

Although an old article, but a good primer on anatomy of 10x revenue companies
https://t.co/0yTws87ahb

[Darshit @darshit_vora]

Always thought credit is a massive pull product, till Bajaj finance got my number 😀

[Bilal Zuberi // Red Glass Ventures @bznotes]

Been a few years since I last heard VCs discuss "quality of revenue".

Between various definitions of ARR, annualized revenue run rates, committed/contracted ARR, and more, I think in 2022 people will start to discriminate between various companies showing the same revenue/ARR.

[Darshit @darshit_vora]

@aprameya @ETtech Awesome Aprameya 👏👏

[Darshit @darshit_vora]

@Stellaris_VP Awesome @alokgoyal1971 @banglani @rchowdhri and entire Stellaris team !! Congratulations. It's great to see nice people succeed :)

[Rahul Garg @grahul19]

🧵India is breaking out on multiple axes, but what makes India so ripe for disruption?

1/ https://t.co/9FnRhTvzkq - In this article, I've put together the India growth tech story & the opportunity that lies ahead of us in next 10 years. Quick thread below

[Rahul Garg @grahul19]

🧵 Venture Capital has a fascinating history!
1/ 60yrs ago, a group of 8 young scientists who were working under Nobel prize winner William Shockley decided to leave. They were frustrated by their boss, and wanted a way out ...

[Darshit @darshit_vora]

It's been awesome to get ringside view of witnessing @aprameya and @mayankbidawatka building Koo with their first principle thinking.

[Kalaari Capital @Kalaari]

Congratulations @aprameya & @mayankbidawatka
on this incredible milestone. We are grateful to be early partners in your journey to become one of world's largest social media platforms.

Proud that you are #KalaariFamily.

#Startups @kooindia

https://t.co/hgp2EAxZgP

[Aprameya 🇮🇳 @aprameya]

During these tough times enabling everyone to be able share information is important. We have enabled Indians to be able to express without having to type in local languages. More information means more power to the not so privileged. #talktotype

https://t.co/jp7TSLPxF0

[Mandar Dandekar @MandarDandekar]

Proud and privileged to be part of HealthPlix journey from the very beginning. Excited with their vision to revolutionize healthcare - practice enhancement for doctors, in-depth insights for pharma and insurance, and improve health outcomes for patients

https://t.co/re4qlS8yfV

[Vani Kola @VaniKola]

.@Dream11 raised $400M recently, giving @Kalaari a partial exit. While I continue to serve on the board, I want to take this moment to thank @harshjain85 & @bhavitsheth for allowing us to play a small part in your journey.

#India #Startups #KalaariFamily

https://t.co/OLuuU1J1tU