India, May 29 -- A couple of years ago, the leading Indian stockbroker, Zerodha, made a surprising announcement. Its investment arm, Rainmatter Capital, would deploy an additional INR 1K Cr in 'patient capital' to support Indian startups. What set this move apart wasn't the scale but the investment thesis. Cofounder Nithin Kamath took to X (formerly Twitter) to post a refreshing approach to startup investing.

"Good businesses cannot be built overnight, something we learned in our journey. So we are perennial investors and stick with the founders for as long as it takes the founders to build a sustainable business," he tweeted.

Zerodha is not alone. A handful of venture capital (VC) players, including Blume Ventures, Aavishkaar Capital, ...