
Entrepreneurs are invited to the 710th FREE online 1Mby1M Mentoring Roundtable on Thursday, December 4, 2025, at 8 a.m. PST / 11 a.m. EST / 5 p.m. CET / 9:30 p.m. India IST.
If you are a serious entrepreneur, register to Pitch and sell your business idea. You’ll receive straightforward feedback from Sramana Mitra, advice on next steps, and answers to any of your questions. Others can register to Attend to watch, learn, and interact through the online chat.
>>>In case you missed it, you can listen to the recording here:

During this week’s roundtable, we had our first ever entrepreneur pitch from the tiny Indian state of Manipur, tucked away in the fast Eastern corner, by the Myanmar border. In a discussion at the end of the session, we learned that the state has about 90 startups, and a WhatsApp group has about 180 entrepreneurs and aspiring founders.
This reminded me why I started 1Mby1M: to democratize entrepreneurship education, incubation and acceleration.
BioLeads
As for our entrepreneur pitches, first we had Ritvik Dubey from Toronto, Canada, pitch BioLeads. We discussed TAM and Fundability.
Ridezz
Next, we had Sunny Paliwal from Jaipur, India, pitch Ridezz, a 2-wheeler ride sharing app. We discussed how to bootstrap to validation.
Nibiaa
Then we had Aeroshil Nameirakpam from Imphal, India, pitch nibiaa. Imphal is the capital of Manipur. Nibiaa is generating a small amount of revenue. The company has good potential to grow, but needs to tighten its go-to-market strategy quite a bit. It can be done.
You can listen to the recording here:
Sramana Mitra: Earlier you said you wanted to discuss how venture capital is changing. We have a little time, so I want to explore that.
There’s a point of view circulating that even though venture capital is focused on vertical AI right now, AGI could make vertical AI irrelevant. And if AGI arrives during the timeframe when current gen-AI companies mature and prepare for exits, those exit opportunities might disappear. These are existential threats for venture capital. How do you think about that?
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Asia’s startup landscape is one of the most dynamic in the world — vast, diverse, and full of promise. Yet it is also fragmented, unevenly supported, and often poorly aligned with accelerator models imported from Silicon Valley. Across the continent, founders face common structural challenges despite wildly different cultural, economic, and regulatory environments.
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As we’ve seen in earlier parts of this series, New Zealand’s startup ecosystem is small but sophisticated, distributed yet deeply creative. From Auckland’s fintech and SaaS hubs to Wellington’s design-led ventures and Christchurch’s engineering heartland, the country consistently produces high-quality entrepreneurs. But the hard truth is this: venture-style blitzscaling doesn’t fit the New Zealand context.
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Techie founders generally operate in their comfort zones: they like to write code. They often start developing software before they validate with customers. As such, they often build solutions looking for problems.
Do NOT write code before you immerse yourself in customers and develop a deep understanding of what pain you are solving.
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In the previous segment, we explored the structural realities of New Zealand’s startup ecosystem — a small domestic market, limited venture capital, and a compelling need for global reach from day one. In this part, let’s look at the geography of innovation across the country — the regional hubs, their strengths, their accelerator cultures, and how the 1Mby1M virtual accelerator complements and extends their efforts.
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