Adith Podhar 🇮🇳 | VC

📢 Gemba Capital 2024 Year in Review 📢 - Our portfolio by numbers (since inception) - Investments in 2024 - Fund I Portfolio Highlights - Sectors to watch out for in 2025 link.medium.com/aSgAx9kamQb @GembaCapital @KaminiS3 @VipulRawalHere @AnupreetLamba @ThEbmr @GovindKL @ShashankRG23 #investing #yearinreview #VentureCapital #microvc #startups

Got this entire home bar designed from scratch just using prompts and a rough initial drawing on paper which I posted as the starting point..all this on Gemini..Gave this to my vendor for manufacturing... The use cases are crazy and there are no limits now to whatever a common man can do..whoever is saying that AI is not going to take up jobs..really is living in a fools paradise.

lnkd.in/p/dm4fYXAy *50 Million Shipments a Month. The Data Nobody Can Prompt* . I sit down with Naman Vijay, CEO & Co-Founder of ClickPost, for an unscripted conversation about Clickpost' evolution from an API tool to a decision engine. ClickPost helps every B2C brand run delivery operations with the sophistication of an Amazon or a Flipkart, without the billion-dollar investment. It moves 50 million shipments a month, and works with brands including Nykaa, Lenskart and 1mg. Gemba Capital was one of the early investors in ClickPost.

What's going to happen to the internet advertising businesses, if agents are going to do all the work end-to-end? Agents don't have impulse, moods, scrolling habits. There will be auction and bid-for-ranking inside an agent's tool calls. Money shifts from attention to intent, and the winners are whoever controls the point where a decision gets made. #agentledcommerce

Guess which company ?

It's crazy how govt policies can shape businesses and create multi-baggers. One has to understand the policy direction and the have the courage to take bets. When I was working at a PE Fund, we met the management of CP PLUS in 2015-16. We passed the deal, coz the so-called 'brand' didn't seem to have the power coz of very high debtors days and was competing with Chinese brands. So basically, they import and give credit in the market and the product sells. Little did we know, how the story will unfold. How Chinese brands will be banned, how Make in India will work. It was a 10-12 Cr PAT business in 2015 and now clocking ~480 Crs PAT !!

One needs to be a Forensic and Governance expert to invest in Indian small caps :) - Cumulative reported profit not turning into operating cash - Revenues recognized, receivables shooting up, which never convert to profits. - Capex that never reached the fixed asset schedule - Assets parked outside the operating business, where related party transactions live - Asset turns which clearly indicate a trading business dressed as a manufacturing business. - Growth in loans and advances, to route IPO proceeds dressed as supplier advances The list goes on....

Last week my timeline was about Instinct and Muse. Am sure this week it will be Jev. This used to happen when a new tech /product come since once a quarter or a month...but now it is something new and exciting every week. The PACE. The work. The billions. There is a race, where 99% of the human population are mere spectators incl most VCs.

Pathetic