Generics, Ozempic & The Fear Holding India Back | WTF is Pharma? | Trailer

Generics, Ozempic & The Fear Holding India Back | WTF is Pharma? | Trailer

I always assumed India was becoming the pharmacy of the world, until this conversation made me sit with the sharper truth that we're the generic pharmacy of the world, and from there we got into whether China really killed our API industry or whether Indians still quietly lead it, why a drug like semaglutide turns into a miracle and a problem the second everyone wants it, the side effects nobody wants to talk about, the ethics of running a prescription-driven business, whether the global enthusiasm around Indian hospitals is actually justified, and why fear might be the single biggest thing holding Indian entrepreneurship back. #nikhilkamath Co-founder of Zerodha and Gruhas Host of 'WTF is' & 'People By WTF' Podcast * Twitter: https://x.com/nikhilkamathcio/ [https://x.com/nikhilkamathcio/] * Instagram: https://www.instagram.com/nikhilkamathcio/ [https://www.instagram.com/nikhilkamathcio/] * LinkedIn: https://www.linkedin.com/in/nikhilkamathcio [https://www.linkedin.com/in/nikhilkamathcio] * Facebook: https://www.facebook.com/nikhilkamathcio/ [https://www.facebook.com/nikhilkamathcio/] Rajeev Juneja-Vice Chairman & Managing Director at Mankind Pharma Ltd * LinkedIn: https://www.linkedin.com/in/rajeev-juneja-27882a24b/ [https://www.linkedin.com/in/rajeev-juneja-27882a24b/] G.V Prasad Reddy-MD & Co-Chairman at Dr. Reddy's * LinkedIn: https://www.linkedin.com/in/gvprasadster/ [https://www.linkedin.com/in/gvprasadster/] Watch 'WTF is' Podcast on Spotify https://tinyurl.com/4nsm4ezn [https://tinyurl.com/4nsm4ezn] Watch 'People by WTF' Podcast on Spotify https://tinyurl.com/yme92c59 [https://tinyurl.com/yme92c59] Watch 'WTF Online' on Spotify https://tinyurl.com/4tjua4th [https://tinyurl.com/4tjua4th] #WTFiswithnikhilkamath #PeopleByWTF #WTFOnline

Martin Escobari: Trauma, Chaos & Three Industries Worth $100B | Nikhil Kamath | People by WTF

Martin Escobari is the co-president of General Atlantic, one of the largest growth equity funds in the world, and he says entrepreneurs and gangsters have more in common than we admit — so few make it, so many die early, and the ones that survive are almost always wounded in some specific way. He grew up in Bolivia in the 80s through 35,000% inflation, eleven presidents in ten years, and three coups; his family lost everything in a revolution; and he now believes America is converging towards the volatility he escaped, not the other way around. I brought in Arian, a 21-year-old founder who cold emailed Sam Altman from India, and asked Martin to allocate $100 billion across three industries with a blank slate today — AI, healthcare, energy transition, and the rise of the new consumer in the global south. We got into why India hasn't produced a truly global company, why four out of seven frauds in General Atlantic's entire history happened here, why the next generation of Indian founders has to build without shortcuts, and why fiction makes better investors than non-fiction. The most interesting two hours I've spent at a dinner table this year. Timestamp: 00:00 Introduction 05:14 Engineering a happy life 08:22 Surviving Bolivia's hyperinflation 12:19 Trauma as the engine behind every entrepreneur 20:17 Built-for-turbulence companies and spear fishing the storm 25:31 Is America still worth the journey, and what is wealth for 31:00 Capitalism, communism, and learning to think critically 37:19 Submarino, the IPO crash, and the India that almost was 43:02 Aryan's story: cold-emailing Sam Altman from Mumbai 51:18 The four mega-trends and where to put 100 billion 1:01:53 Why India has never built a global company 1:10:25 How General Atlantic is built: perpetual capital and pooled bets 1:16:14 Manifestation, the 8-second rule, and the checklist for great companies 1:24:23 Failure, dead ends, and the courage to change your mind 1:28:36 The venture-to-IPO value chain, monopolies, and young revolutionaries #nikhilkamath Co-founder of Zerodha and Gruhas Host of 'WTF is' & 'People By WTF' Podcast * Twitter: x.com/nikhilkamathcio [https://x.com/nikhilkamathcio/?utm_source=chatgpt.com] * Instagram: instagram.com/nikhilkamathcio [https://www.instagram.com/nikhilkamathcio/?utm_source=chatgpt.com] * LinkedIn: linkedin.com/in/nikhilkamathcio [https://www.linkedin.com/in/nikhilkamathcio/?utm_source=chatgpt.com] * Facebook: facebook.com/nikhilkamathcio [https://www.facebook.com/nikhilkamathcio/?utm_source=chatgpt.com] #MartinEscobari — Co-President and Head of Global Growth Equity at General Atlantic * LinkedIn: linkedin.com/in/martin-escobari [https://www.linkedin.com/in/mart%C3%ADn-escobari-6a713b/?utm_source=chatgpt.com] * Twitter: x.com/MartinEscobari [https://x.com/MartinEscobari?utm_source=chatgpt.com] Watch 'WTF is' Podcast on Spotify Spotify Link [https://tinyurl.com/4nsm4ezn?utm_source=chatgpt.com] Watch 'People by WTF' Podcast on Spotify Spotify Link [https://tinyurl.com/yme92c59?utm_source=chatgpt.com] Watch 'WTF Online' on Spotify Spotify Link [https://tinyurl.com/4tjua4th?utm_source=chatgpt.com] #WTFiswithnikhilkamath #PeopleByWTF #WTFOnline

Martin Escobari: "America Is Freaking Out About 5%, We Had 35,000%" | Ep. 22 Trailer | People by WTF

Martin Escobari is the co-president of General Atlantic — one of the largest growth equity funds in the world, with over $5 billion deployed into India. He grew up in Bolivia in the 80s with 35,000% inflation, eleven presidents in ten years, three coups, and a family that lost everything in a revolution. I sat him down with a few Columbia Business School students and a 21-year-old AI founder named Arian and asked him the questions a 20-year-old and a 40-year-old would each ask differently. Full episode drops soon. #nikhilkamath Co-founder of Zerodha and Gruhas Host of 'WTF is' & 'People By WTF' Podcast * Twitter: x.com/nikhilkamathcio [https://x.com/nikhilkamathcio/?utm_source=chatgpt.com] * Instagram: instagram.com/nikhilkamathcio [https://www.instagram.com/nikhilkamathcio/?utm_source=chatgpt.com] * LinkedIn: linkedin.com/in/nikhilkamathcio [https://www.linkedin.com/in/nikhilkamathcio/?utm_source=chatgpt.com] * Facebook: facebook.com/nikhilkamathcio [https://www.facebook.com/nikhilkamathcio/?utm_source=chatgpt.com] #MartinEscobari — Co-President and Head of Global Growth Equity at General Atlantic * LinkedIn: linkedin.com/in/martin-escobari [https://www.linkedin.com/in/mart%C3%ADn-escobari-6a713b/?utm_source=chatgpt.com] * Twitter: x.com/MartinEscobari [https://x.com/MartinEscobari?utm_source=chatgpt.com] Watch 'WTF is' Podcast on Spotify Spotify Link [https://tinyurl.com/4nsm4ezn?utm_source=chatgpt.com] Watch 'People by WTF' Podcast on Spotify Spotify Link [https://tinyurl.com/yme92c59?utm_source=chatgpt.com] Watch 'WTF Online' on Spotify Spotify Link [https://tinyurl.com/4tjua4th?utm_source=chatgpt.com] #WTFiswithnikhilkamath #PeopleByWTF #WTFOnline

The $120 Billion Man: Poverty, Power & Why Jobs Fix Everything | Ajay Banga x Nikhil Kamath | People by WTF

Ajay Banga took Mastercard from a $30 billion company to $360 billion in a decade, was the frontrunner to run Citibank's quarter of a million people, quit to become CEO of a company with 4,000 — and today runs the World Bank Group, a $120 billion-a-year institution that was originally built to rebuild Europe and Japan after the Second World War and now exists to kill poverty by creating jobs. He says 600 million people in Africa have zero electricity and he doesn't mean inadequate electricity he means black none, that 1.2 billion young people in the developing world will turn 18 in the next 15 years with only 400 million jobs projected for them, that if you don't give them hope the demographic dividend stops being a light at the end of the tunnel and becomes a freight train, that the five sectors governments should obsess over are infrastructure and smallholder farming and primary healthcare and tourism and value-added manufacturing, that India gets fewer tourists a year than a country a fraction of its size and cultural weight, that the World Bank financed Japan's bullet trains and France's nuclear plants and helped create HDFC, that every dollar invested in tourism creates more jobs than a dollar in any other sector, that fossil fuels aren't going away but energy security is becoming a national security question, that small AI delivered on a phone to an illiterate farmer matters more to the developing world than large language models, that life is 50% luck but most people leave their luck on the station platform and forget about it, and that the only way to put a nail in the coffin of poverty is to give somebody a job because earnings are not just subsistence — they are hope and optimism and the belief that tomorrow will be better than today 00:00 Introduction 02:26 AJ's career journey across industries 09:00 Consumption patterns and consumer insecurity 15:00 World Bank's five-part structure explained 22:00 Killing poverty through job creation 29:00 Primary healthcare and farmer empowerment 35:00 Wealth concentration versus societal prosperity spread 42:00 Demographic dividend becoming freight train 49:00 Five sectors driving future jobs 56:00 Decency quotient over IQ EQ 1:03:00 Energy security and nuclear opportunities 1:10:00 Forward thinking beats historical grievances 1:17:00 Luck flexibility and taking risks 1:23:00 Closing message on optimism Nikhil Kamath Entrepreneur & Investor Host of 'WTF is' & 'People By WTF' Podcast Twitter: https://x.com/nikhilkamathcio/ [https://x.com/nikhilkamathcio/] Instagram: https://www.instagram.com/nikhilkamathcio/ [https://www.instagram.com/nikhilkamathcio/] LinkedIn: https://www.linkedin.com/in/nikhilkamathcio/ [https://www.linkedin.com/in/nikhilkamathcio/] Facebook: https://www.facebook.com/nikhilkamathcio/ [https://www.facebook.com/nikhilkamathcio/] LinkedIn: https://www.linkedin.com/company/the-world-bank-group/ [https://www.linkedin.com/company/the-world-bank-group/] X - https://x.com/WorldBankGroup [https://x.com/WorldBankGroup] Instagram - https://www.instagram.com/worldbankgroup/ [https://www.instagram.com/worldbankgroup/] Watch 'WTF is' Podcast on Spotify https://tinyurl.com/4nsm4ezn [https://tinyurl.com/4nsm4ezn] Watch 'People by WTF' Podcast on Spotify https://tinyurl.com/yme92c59 [https://tinyurl.com/yme92c59] Watch 'WTF Online' on Spotify https://tinyurl.com/4tjua4th [https://tinyurl.com/4tjua4th] #WTFiswithnikhilkamath #PeopleByWTF #WTFOnline

Ajay Banga x Nikhil Kamath | Ep. Trailer | People by WTF

Ajay Banga took Mastercard from a $30 billion company to $360 billion, left when he was the frontrunner to run Citibank's 250,000 people, and now controls $120 billion a year as the President of the World Bank Group — the institution that was built after the Second World War to stop poverty from turning into war. He says life is 50% luck but most people leave their luck on the station platform, that India gets under 20 million tourists a year which is insane for a country with beaches, mountains, culture, history, food and what he calls cool people, and that the world is about to have 1.2 billion young people turn 18 with only 400 million jobs waiting for them — and if you don't give them hope, the demographic dividend becomes a freight train. Full episode drops soon. Nikhil Kamath Co-founder of Zerodha and Gruhas Host of 'WTF is' & 'People By WTF' Podcast * Twitter: https://x.com/nikhilkamathcio/ [https://x.com/nikhilkamathcio/] * Instagram: https://www.instagram.com/nikhilkamathcio/ [https://www.instagram.com/nikhilkamathcio/] * LinkedIn: https://www.linkedin.com/in/nikhilkamathcio/ [https://www.linkedin.com/in/nikhilkamathcio/] * Facebook: https://www.facebook.com/nikhilkamathcio/ [https://www.facebook.com/nikhilkamathcio/] World Bank Group: * X - https://x.com/WorldBankGroup [https://x.com/WorldBankGroup] * Instagram - https://www.instagram.com/worldbankgroup/ [https://www.instagram.com/worldbankgroup/] Watch 'WTF is' Podcast on Spotify https://tinyurl.com/4nsm4ezn [https://tinyurl.com/4nsm4ezn] Watch 'People by WTF' Podcast on Spotify https://tinyurl.com/yme92c59 [https://tinyurl.com/yme92c59] Watch 'WTF Online' on Spotify https://tinyurl.com/4tjua4th [https://tinyurl.com/4tjua4th] #WTFiswithnikhilkamath #PeopleByWTF #WTFOnline