Aviral Bhatnagar

I’m excited to announce the beginning of my journey as the founder of AJVC, the VC fund AJVC’s goal has always been to support Indian entrepreneurship. With capital, we are now transforming into an enabler of entrepreneurship. Over the last decade of early-stage investing, I…

My wife says my books are like water, they find every empty shelf in the house and fill them I now have more than 400 books, and I think the ideal next step for me is to make it a library

Lies seem to protect the person lying, but they are actually most damaging to the liar Lies eventually make you lose connection with your reality, remaining in a state of permanent delusion People who do not know their reality cannot improve or progress, and stay where they are

N Chandrasekharan makes 156 Cr, a tiny 0.5% of Tata Sons' profit Interestingly, he was outcompensated by Rajiv Kaul who made 182 Cr or 50% of CMS Systems' profits Tata Group's 37L Cr market cap is 460x CMS' 8K Cr Hired long term CEOs can build generational wealth in small cos

2 lakh Indians gave up Indian citizenship in 2024 If you assume all of these people are in the top 1% of India, they account for just 1.5% of that group 98.5% of the top 1% stays back, even though they can move given their 1 Cr+ net worth Migration isn't as large as it seems

BCCI has a revenue of $1.2B, while the ECB has a revenue of $0.09B India's financial muscle is 13x the 3rd richest board, yet it doesn't translate into performance dominance Chess with a paltry budget of $8M has produced 85 grandmasters Cricket spend needs better RoI

There are days when you feel like all of the effort in building a differentiated firm is really worth it:

India has surprisingly the highest number of private jet departures in Asia, 2x of China At 2,700 monthly private jet flights, India is ahead of Australia at 2,500 and Japan at 800 India has a huge number of ultra-rich, with Mumbai the node of all private jet travel

Meaning in life comes from deep effort and struggle Machines eliminated physical struggle, AI will now eliminate mental struggle Most people's lives will start to feel entirely meaningless if they do not actively try putting effort

Lot of Indians seek an efficiency of greater than 1 in their lives - Work few hours, earn lakhs - Build 20 passive income streams - Others do the work, you earn - Shortcuts to crack exams The unreal goal of output being much greater than input is what constrains so many

Blinkit in 2022: 250 Cr of annualized revenue, distress buy for 4.5K Cr, Zomato loses 4.5K Cr market cap in 1 month Blinkit in 2025: 10,000 Cr of annualized revenue, worth 1.2L Cr, Zomato gains 2L cr market cap since its buy 25x in 3 years, top India tech acquisition of 2020s

People have become good at attracting attention, and are called influencers But the sophistication with attracting attention has not translated to doing something meaningful with it The future belongs to those influencer-entrepreneurs who know how to "invest" this attention

Japan has had some of the pioneering electronics and manufacturing giants like Sony, Toyota, Panasonic Surprisingly, Japan has 0 global software or technology giants with no global apps Perhaps this generation did not get exposed to STEM or computer science, leading to the void

Lamborghini has quietly started a JV with Pune based Kinetic to manufacture Lambo Golf Carts Golf carts are surprisingly a $5B global market with 500,000 global sales Open vehicles average about $10K in price, with luxury ones Cool to see Pune building some version of Lambos

President of India is the largest shareholder in SBI, owning 57% of it with a worth of 4.7L Cr The President acting on behalf of the government of India owns 42L Cr of equities, including 97% of LIC Government owns about 10% of India's entire stock market cap Quite insane

My Dad has used a computer store for the past 25 years, which I visited for the first time Small store, looks chaotic, but a razor sharp owner who gets the best deals, high quality products, has smart technicians who fix anything He truly loves the craft, calls the store Zen

Pune's having Ola/Uber/Rapido cab drivers strike to raise prices What earlier costs 350 now costs 700 at 25 km/trip, with one asking me to pay 1,000 INR instead of 300 In the search for maximising profits, cab drivers are killing the golden goose of cab aggregators

F1's India box office collections of 70 Cr this year would make it the 9th highest-grossing film in Bollywood of 2025 A Hollywood film with limited English audience has outdone 70+ local Bollywood films People want to watch, but Bollywood is in deep decline with awful movies