I shared a series of reflections on my fund’s activity from 2026‑10‑05 to 2026‑10‑09, covering deal‑flow volume, thesis‑first filtering, cheque‑size policy, founder social‑media expectations, public‑equity case studies, water‑sector scouting and LP‑founder trust dynamics.
Since announcing my fund, I've been evaluating 500+ startups a month - and I see that as a failure, not a flex.
A 0.2% success rate must somehow make these startups natural winners.
90% of the rejections I make are a "fund thesis mismatch."
We do upto INR 2 cr cheques at the pre-seed and occasional seed stages.
My biggest public equity lessons come from a "notional" loss of ~1.3 cr.
I was up 8-9x. These were USD trades so currency adjusted my INR 2 lac position was at about ~20-22 lac.
On a split-adjusted basis - based on the current stock face value this was sold at the price of $38 (look for the May 26, 2023 price).
Today, despite the market turmoil stock sits at ~1644.
For every 100 startups I see in beautytech / fashion tech / convenience plays, I perhaps find ONE water‑related startup, highlighting the sector’s scarcity and impact potential.