December Newsletter

India's love for two-wheelers, building for small towns in India, some more on food, & second edition of High IQ Sector Musings!

Dec 06, 2023

Dear Investors and Friends,

Did you know that half of Indian households own a two-wheeler? It’s safe to say that these nimble machines power the nation! 🏍️

In our latest report, ‘20 Things About India’s Two-Wheelers', we explore India’s two-wheeler market, covering aspects ranging from new and used two-wheelers to commercial and electric ones.

Here’s a sneak peek at what awaits you:

- Find out why two-wheelers are a popular choice of vehicle in India

- Are bike taxis the answer to India’s lack of public transport?

- Uncover COVID-19’s impact on India’s vehicle sales and how the market is recovering

- Discover funding activity in India’s EV market

- Identify opportunities in this space and much more!

You can read or download the complete report here.

We also have 2 insightful chats done for our High IQ podcast, all set for you to check out!

1. Vipul Chaudhary and Jani Pasha share their incredible journey of building Lokal - a content, community, and classifieds platform for small towns in India.

Left to Right: Vipul Chaudhary (Co-founder & CTO, Lokal), Jani Pasha (Co-founder & CEO, Lokal), and Anand Lunia (General Partner, IndiaQuotient)

Lokal started out as an informative WhatsApp group in a small town in Telangana, & today, it has become the go-to hub for updates for millions of people in 225 districts in India.

The founders generously share some valuable lessons they gained from starting up, failing, and then starting up again.

Don’t miss out on their story; watch it here.

2. Tune into the latest episode of High IQ podcast, featuring Ankit Nagori, founder of Curefoods - the company behind some of India’s beloved food brands like EatFit, CakeZone, Sharief Bhai, Nomad Pizza, etc.

We delve into all things cloud kitchens, from its unit economics and product market fit checklist to its scope in Tier 2 and Tier 3 cities in India. We also take a deep dive into how India’s food industry has evolved over time.

Left to Right: Ankit Nagori (Co-founder & CEO, Curefoods) and Anand Lunia (General Partner, IndiaQuotient)

Ankit’s learnings and experience from building Curefoods are a goldmine for food entrepreneurs. Watch the episode here.

Another update we would love to share: We welcomed 20 new companies building in absolutely diverse categories to our portfolio in the last 15 months!

We are thrilled to back all these bold founders and teams behind them. We hope & wish they make a remarkable impact and have a great future 🙌

In addition to this, on October 26th, we conducted the 2nd edition of High IQ Sector Musings - a series of panel discussions for founders and operators, and this time the theme was ‘Building Consumer Companies: 2023 & Beyond’.

We thank everyone who came! A special shout out to Ankush Sachdeva (co-founder & CEO, ShareChat), Anirudh Pandita (founder, Loco & Pocket Aces), Jani Pasha (co-founder & CEO, Lokal), and Bhanu Pratap Singh (co-founder & CEO, FRND), for taking time out and sharing valuable insights on building for the Indian consumer.