Rajesh runs a textile factory in Surat. By 9 AM, he's already handled 3 issues: delayed fabric delivery, missing worker, angry customer complaint. He does what millions of other MSME owners do everyday - everything.

This is the reality for 63mn Indian MSMEs employing 500mn+ workers (> than the entire EU population btw)

They're not failing due to a lack of ambition and/or workers. The problem is more fundamental.

Our (evolving) thesis for AI in India 🧵 Let’s start with data. Indian workers produce $7k annually vs $80k in developed economies. Put the same worker in an MNC with proper project management and their productivity would easily triple.

The bottleneck is often mistaken to be capability, but it truly is system design.

Our entire team now swears by Claude for portfolio analysis. It's genuinely changed how we work with founders and make decisions internally.

How we're using AI to augment (not replace) our investment decisions: We've built dedicated knowledge hubs for each portfolio company where we dump EVERYTHING - every MIS report, financial statement, and investor update.

It's our collective brain that even our newest team members can tap into!

India's election has thrown up a curveball, esp for global investors bullish on India.

We sent a note to our LPs yesterday on what this means – excerpts below 🧵 Policy continuity is expected but with caveats. Some populist policies may take precedence, in an effort to win in a coalition setup.