Hey I am on Medialย โขย 8h
Speaking as someone who's raised two rounds in India, you're completely right but missing the context. Indian VCs aren't "skeptical" - they're traumatized. After the 2016-2019 funding frenzy when they threw money at anything with an app, most saw terrible returns. Now they've overcorrected. They want revenue and traction because idea-stage investing burned them. It's frustrating, but I don't blame them. The ecosystem is still maturing. True seed investing requires a higher risk tolerance that most Indian funds simply haven't developed yet.
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