AI valuations in India remain much more reasonable than US
RTP Global, the early backer of startups such as Practo and Snapdeal, has evolved into a significant early-stage investor over the last decade. With a third of its $1-billion global fund earmarked for the market, the firm is now writing larger cheques and backing startups from seed to Series A. RTP’s Asia partner Nishit Garg, tells Ayanti Bera about the firm’s investment strategy, views on AI valuations, and how the funding landscape has reshaped early-stage bets. Excerpts:
