Where India Went Wrong in Tech (According to a $200M SaaS Founder) | Manav Garg Ep 6

In Episode 6 of the Next Big Opportunity Manav Garg sits down in conversation with Paras Chopra, the founder & chairman of Wingify, who bootstrapped his startup to a $200M exit - long before venture capital found its craze. But Paras didn’t stop there. Now with his latest venture Lossffunk, Paras is going deeper into the world of AI, community-led innovation, and building for the next frontier of technology. This episode dives into: The state of AI in India — and why we're not there yet Paras’s take on Frontier AI, creativity, and the rise of open-source models The importance of research, community-building, and a culture of curiosity Lessons from building and exiting Wingify — and what founders should know Startups, VCs, funding cycles & the real markers of value creation Paras’s daily workflow, thinking patterns, and what fuels big ideas From economic mobility to India's innovation gap, Paras offers a clear, honest, and hopeful roadmap for what's possible when smart people build with purpose — and why India needs better infrastructure and mentorship to create the next trillion-dollar deep tech company. Manav Garg (Co-founder of Together Fund, SaaSBoomi) Twitter: https://x.com/manav_garg LinkedIn:   / manav-garg-227254   Paras Chopra (Ex Founder & Chairman Wingyfy) Twitter: https://x.com/paraschopra Chapters: 00:00 - Introduction 01:06 - Who is Paras Chopra? 01:39 - What is Paras curious about today? 04:18 - Why are Indian talent settled abroad? 08:38 - Advice to young Indian entrepreneurs 09:58 - What will it take to create a frontier model in India? 15:25 - What is Lossfunk? 16:26 - What’s there in Paras’s wishlist? 18:09 - What are the gaps in building AI in India? 20:28 - What did China do to get at par in deep tech & AI? 23:30 - How can the media play a role in amplifying India’s tech landscape? 25:16 - 5 steps to run a technology company 31:19 - Steal these business ideas from Paras Chopra 33:06 - Why is the voice model AI so costly? 34:34 - Should India Build Full Stack Model? 38:40 - What is the difference between Chat GPT & Deepseek? 39:48 - What is that Artificial Intelligence Can’t Do? 40:50 - Career Options in the next 5 years 42:20 - How will AI change parents' take on kids' education? 43:45 - Paras’s Next Adventure 45:56 - Can AI solve mental health issues? 46:44 - What does a day in Paras Chopra’s life look like? _______________________________________________________________ About: Welcome to my YouTube channel! Hi, I'm Manav Garg. I’ve built, scaled, and successfully sold a global software company. Now, I’m here to show you that AI isn’t your competitor – it’s your greatest opportunity. My mission is straightforward: to transform India into a $5 trillion economy with AI as our driving force. Through this channel, you'll gain: ● Insights from industry leaders through candid conversations, including our podcast, The Next Big Opportunity. ● Actionable strategies for thriving in a rapidly changing world. ● Inspiration to build companies that generate both revenue and national pride. It’s about more than just technology – it’s about transforming challenges into opportunities and building a future where Indian innovation leads the global stage. Join me on this journey—subscribe for actionable lessons and fresh perspectives on building the future of business. Powering India's $5 Trillion Dream, One Breakthrough at a Time.