At $16B, Flipkart is the largest exit in Indian tech history. Here, Balaji speaks with Flipkart founder/CEO Binny Bansal on how he built the company from scratch when Indian startups weren't even a thing — and how Flipkart's rise parallels the rise of India itself. OUTLINE 00:00 - Intro 0:56 - Binny’s origin story 08:48 - Why Binny stayed in India 15:10 - Flipkart preceded Amazon India 28:01 - How Flipkart solved logistics in India 31:20 - Why Flipkart had to build a trusted brand 38:46 - How Flipkart differed from US startups 45:58 - Flipkart sold many Indians their first phone 51:30 - How Jio brought cheap mobile internet to India 56:00 - India's payment and identity stacks: UPI and Aadhar 01:13:57 - Walmart's acquisition of Flipkart 01:31:53 - Flipkart's expansion into fashion and payments 01:35:15 - Managing a company with more people than some countries 01:42:30 - India's emergence in the global tech ecosystem 01:59:42 - Robotics as the core of Indian manufacturing 02:02:44 - How Binny helps founders scale with xto10x 02:22:09 - What should India do in terms of tech policy? 02:32:03 - India and decentralized AI 02:39:36 - A pivotal moment in Indian history AUDIO 1) Apple: https://apple.co/3pvw98u 2) Spotify: https://spoti.fi/3K1dGb5 SOCIAL https://twitter.com/binnybansal https://twitter.com/balajis https://thenetworkstate.com/podcast https://balajis.com