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In this episode, we sit down with the founder of GalaxEye to explore one of the most audacious bets in Indian deep tech: building a satellite that can see through clouds. We go deep on the technology behind Optical SAR (OptiSAR) — a fusion of multi-spectral imaging and synthetic aperture radar — and why consistent, all-weather satellite imagery could be as transformative as GPS.

Subtext by Zerodha

by Zerodha · English · Tech & Science

Finance is full of noise. Everyone reacts to what just happened. We’re more interested in why it’s happening—and what lies beneath. Subtext is a series of conversations with people who have spent years thinking deeply about finance. Not necessarily the loudest voices, but those with real depth:…

More from Subtext by Zerodha

  1. E19 · 5 Aug 2026 · 1 hr 38 min

    Mausam Kumar on the state of India’s industrial policy

    In this episode, Pranav Manie sits down with Mausam Kumar, post-doctoral researcher at Princeton, former industrial policy fellow at Harvard Kennedy School, and PhD from IIT Bombay to unpack how India’s industrial policy really works, what the role of individual states is in the process, who drives the finance it needs, and how it interacts with external factors like China.

  2. E18 · 29 Jul 2026 · 1 hr 30 min

    Sagar Lele on how to read company results like an analyst

    In this episode of Subtext, host Kashish sits down with Sagar Lele, Executive Director at Paterson Securities, to break down one of the most intimidating yet essential skills in finance: decoding quarterly earnings. From navigating investor presentations and spotting structural shifts to building mental frameworks that separate signal from noise, this conversation strips away the jargon and explains, from an insider's perspective, how to truly read the pulse of corporate India.

  3. E17 · 23 Jul 2026 · 53 min

    Amit Tripathi on monetary policy and Indian banks

    In this episode of Subtext, host Kashish sits down with Amit, CIO of Fixed Income at Nippon India to break down one of the most misunderstood concepts in Indian finance: monetary policy transmission. From repo rates and CASA ratios to liquidity dynamics, FCNR deposits, and the future of securitization in Indian banking, this conversation strips away the jargon and explains, from first principles, how money moves through the Indian economy.

  4. E15 · 8 Jul 2026 · 42 min

    Tamal Bandyopadhyay on microfinance industry cycle

    In this episode of Subtext, I sit down with Tamal Bandyopadhyay — veteran banking journalist and senior advisor at Jana Small Finance Bank — to unpack the microfinance credit crisis of 2023–24.

  5. E13 · 17 Jun 2026 · 1 hr 8 min

    Zohra Khan on the Indian EV infra industry

  6. E27 · 8 Oct 2026 · 1 hr 32 min

    Rakesh Basant on how does innovation work in India

    In this episode, Pranav sits down with Rakesh Basant, Professor of Economics at IIM Ahmedabad, to understand how innovation actually works in India and what it takes to build a thriving ecosystem from the ground up.

  7. E26 · 2 Oct 2026 · 1 hr 40 min

    Sidu Ponnappa on the AI-native firm

    In this episode, Pranav and Bhuvan sit down with Sidu Ponnappa, co-founder of realfast and former engineering head at Gojek, to understand how AI agents are fundamentally rewiring organizations and the IT services industry.

  8. E25 · 17 Sep 2026 · 1 hr 9 min

    The power dynamics behind the world’s green transition

    In this episode, Pranav sits down with Avantika Goswami and Trishant Dev from the Centre for Science and Environment to discuss why industrializing and decarbonizing simultaneously is the hardest problem the developing world has ever been asked to solve.

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