A Billion Bets

The Making of India’s Startup Ecosystem

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What does it take to build in a country before the country fully believes in itself?
A Billion Bets is the story of India’s startup ecosystem through the entrepreneurs, investors, and companies that took outsized risks before success was certain. From the early internet pioneers and the birth of India’s venture ecosystem to the new generation of founders building for a digital India, venture capitalist Aviral Bhatnagar traces how a once-fragmented market became one of the world’s most dynamic engines of innovation and ambition.
Written from inside the ecosystem rather than from its sidelines, the book captures the uncertainty, improvisation, and conviction required to build in India across decades of transformation. Part business history, part investor insight, and part memoir, A Billion Bets is ultimately a story about the people who believed in India before the consensus did.