Indian startups should aim higher to dominate on a global scale, Indian-American billionaire and businessman Vinod Khosla believes.

Speaking about India's startup ecosystem in a podcast, Khosla said that it is essential to find a co-founder who is eager to build a billion-dollar company. Expanding on the thought, he said that a company has a lesser chance of making it big globally if founders continued to work with their friends rather than finding the right co-founder to scale it.

The venture capitalist insists that companies must think globally from the very beginning even if they were to just enter the Indian market initially.

"If you’re climbing Mount Everest you have to get to base camp first. But you pick your base camp so that it can lead to camp one, which can lead to camp two, which leads to camp three, which eventually leads you to the Everest summit," Khosla said drawing an analogy.

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The billionaire also spoke about his Indian heritage and his journey as an IITian in a mother podcast with NDTV. Khosla said he enjoys wearing his kurta-pyjamas for the better part of the time he spends at home.

Speaking about India's influence globally, Khosla said that the country is a classic example of a developing country. India has demonstrated its technical expertise by successfully developing its own technologies, such as the PSLV rocket and the moon mission, he said. He also lauded the country for setting up premier institutes like the IITs.

"I think India can explain to the world why education, like what the IITs provide, can transform a society," Khosla adds

The entrepreneur was also all praises about the values and harmony within Indian families and emphasised how such cohesion within families is primal to a person's happiness. 

"At 18, I’ll kick my kids out of my house. I find that odd. I’d be happy if they could stay with me the whole life," Khosla remarked.

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