Aavishkaar's Vineet Rai on AI, Climate, and Valuations

Vineet Rai, the head of Aavishkaar Capital, talked about what he thinks will be big areas for investment in the future.

He believes that Artificial Intelligence (AI), climate change, and financial services will be very important.

AI will get a lot of money and will affect everyone's life, but it might also cause problems with decision-making.

For climate change, he mentioned things like reducing carbon, managing natural resources, and dealing with waste.

In financial services, he thinks there's a lot of room to grow, especially with new kinds of financial solutions.

He also said that companies should focus on good governance and be realistic about their value, not just aim for high valuations like Lenskart, which has been successful because it was one of the first in its market.