AI is enabling startups across sectors in India: RTP Global's Nishit Garg

RTP Global's Nishit Garg discusses India's evolving startup ecosystem, AI's role as an enabler, and the firm's investment focus on climate, EV, SaaS, and fintech amid improving market conditions

With the funding environment in India’s startup ecosystem on the mend, global venture capital firm RTP Global is bullish on making investments in technology-led startups in India. According to Nishit Garg, the firm’s Asia partner, AI-led businesses in up-and-coming sectors like climate, electric vehicles (EV), and software-as-a-service (SaaS) are ripe for investments. In an interview with Aryaman Gupta, Garg – who has previously had stints at Flipkart and Tiger Global – talks about RTP’s investment thesis in India, the current funding environment, and lingering concerns. Edited excerpts:  

 

How has your investment strategy evolved over the years in India?

 

RTP is