Lightspeed’s $500M Bet on India’s Tech Boom w/ Shuvi Shrivastava

India’s startup ecosystem is at a tipping point. With unicorn valuations correcting and global VCs recalibrating their bets, what does the future hold?  In this episode of Billion Dollar Moves, we sit down with Shuvi Shrivastava, Partner at Lightspeed, one of the world’s most influential venture firms, to unpack India’s rise, venture capital shifts, and the billion-dollar opportunities ahead. Whether you’re a founder, investor, or just someone tracking the next big global tech shift—this episode is packed with insights, bold plays, and lessons from the frontlines of India's venture boom. Timestamps/Key Takeaways 0:00 - Intro 02:00 - How Shuvi landed at Lightspeed; The evolution of india’s startup ecosystem 04:47 - Privatisation in India and the cultural shifts 07:17 - India’s unicorn boom and global market corrections 11:47 - Lightspeed’s India strategy & forth fund at $500M 16:19 - The rise of India in the global supply chain; the blooming advance engineering industries 17:44 - India’s robust IPO pipeline and exit landscape 19:42 - The surprising slow AI adoption in India; what makes a venture-backable company in India 24:18 - Billion Dollar Questions About Shuvi At Lightspeed India Partners, Shuvi Shrivastava invests in early-stage consumer and fin-tech startups in India and Southeast Asia. In a previous role she sourced DarwinBox at its Series A and also sourced ed-tech startup Byju's which was recently valued at $8 billion. She has also worked as a consultant with Bain & Co., led business development and operations at an early-stage computer vision startup, Drishti Tech, in Silicon Valley (raised close to $15 million from Andreessen Horowitz and Emergence Cap), and ran her own startup Uttr Labs. FOLLOW SHUVI: https://x.com/shuvi https://www.linkedin.com/in/shuvi-shrivastava/ - PODCAST INFO: Podcast website: https://billiondollarmoves.com Watch on Youtube: https://tinyurl.com/sarahchenglobal Join the community: https://sarah-chen.ck.page/billiondollarmoves FOLLOW SARAH: LinkedIn: https://linkedin.com/in/sarahchenglobal Instagram: https://instagram.com/sarahchenglobal Twitter: https://twitter.com/sarahchenglobal

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Lead, build, and invest better. Join us as we hit the streets globally to uncover billion dollar ventures of unicorn founders & funders. In venture, every move can make—or break—a billion-dollar outcome. Hosted by Sarah Chen-Spellings, award-winning entrepreneur, investor, and venture insider, Billion Dollar Moves pulls back the curtain on the strategies, stumbles, and breakout moments that define the world’s most iconic companies. From boardroom power plays to investor backchannels, you’ll hear the untold stories behind iconic companies like YouTube, Canva, and Vimeo, and go inside the minds of those moving capital at firms like Sequoia, Lightspeed, and beyond. Whether you're chasing your first $10M—or your next billion—this show is your front-row seat to how the smartest founders and funders win. Think raw, unfiltered, no-BS insight—designed to help you move faster, smarter, and bolder. Billion Dollar Moves is proud to be part of the Hubspot Podcast Network with 10 million downloads a month as a group.