Back

Explore every episode of the podcast The Desi VC: Indian Venture Capital | Angel Investors | Startups | VC

Dive into the complete episode list for The Desi VC: Indian Venture Capital | Angel Investors | Startups | VC. Each episode is cataloged with detailed descriptions, making it easy to find and explore specific topics. Keep track of all episodes from your favorite podcast and never miss a moment of insightful content.

Rows per page:

1–50 of 138

TitlePub. DateDuration
E143: Dhirendra Mahyavanshi (Co-founder & CEO, Turtlemint) 20 Dec 202400:50:52

Dhirendra Mahyavanshi is the Co-Founder of Turtlemint, an online insurance platform backed by Nexus Venture Partners, Peak XV, Jungle Ventures, GGV Capital, Blume Ventures among others. The company is on a mission to makes it easy to understand and buy insurance.

Before founding this company he held leadership positions at Quikr and ICICI Lombard. He holds an MBA degree from The IIM Calcutta.

. . .

Episode Notes:

  1. Introduction (1:20)
  2. Early exposure to entrepreneurship (2:16)
  3. Influence of ICICI and Quikr roles on founding Turtlemint (5:15)
  4. Startups in the 2010s: parallels and differences (8:50)
  5. The inspiration behind starting Turtlemint (12:34)
  6. The Indian insurance landscape in 2014 and VC sentiment (17:05)
  7. Enhancing the insurance buying experience in India (21:20)
  8. Insurance purchasing patterns across India’s diverse tiers (24:24)
  9. The leadership journey at Turtlemint (28:25)
  10. Mental models and decision-making frameworks (33:38)
  11. Challenges in running Turtlemint (37:40)
  12. Dhirendra's vision for Turtlemint’s future (40:01)
  13. Influencing policy and regulation in India’s insurance sector (43:15)
  14. Reflections on the entrepreneurial journey (47:47)

. . .

Social links

  1. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Dhirendra on Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  2. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Dhirendra⁠⁠ on LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  3. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Desi VC on LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  4. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Akash Bhat on Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  5. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Akash Bhat on LinkedIn⁠⁠
E142: Archana Jahagirdar (Managing Partner, Rukam Capital)09 Dec 202400:54:24

Archana Jahagirdar is the founder and managing partner of Rukam Capital, to find out. Set up in 2019, the Delhi-based venture capital firm invests in early-stage consumer products and services companies with significant growth potential. The VC has funded as many as 20+ startups, including noted brands such as Go DESi, Sleepy Owl Coffee, Burger Singh, BECO, The Indus Valley, Curefoods and more.

. . .

Episode Notes:

  1. Intro (1:25)
  2. Why did Archana venture into investing in startups? (2:51)
  3. The evolution of the Indian startup ecosystem (7:14)
  4. Why are Rukum’s LPs excited about India and the fund? (14:04)
  5. How do Indian LPs add value to portfolio companies? (17:50)
  6. Key learnings from portfolio founders (22:08)
  7. Essential practices for every founder (31:19)
  8. Rukam Capital: Investment focus and thesis (41:15)

. . .

Social links

  1. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Archana on Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  2. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Archana⁠⁠ on LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  3. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Desi VC on LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  4. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Akash Bhat on Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  5. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Akash Bhat on LinkedIn⁠⁠⁠⁠⁠
E141: Anshuman Singh (Co-Founder of Scaler)01 Dec 202400:55:46

Anshuman Singh is the Co-founder of ⁠Scaler⁠, an edtech company designed to upskill college graduates and young software engineers in advanced computer science topics. The company has raised $55M from Lightrock, Peak XV Partners and Tiger Global Management, at a valuation of $700M. Before Scaler, Anshuman had co-founded InterviewBit, a platform aimed at helping software engineers prepare for technical interviews. During this time, he noticed that many talented individuals were struggling with the practical skills required to excel in real-world tech jobs, despite holding degrees in computer science. This realization laid the groundwork for Scaler.

. . .

Episode Notes:

  1. Introduction (1:20)
  2. Shifts in EdTech: A Founder’s Perspective (2:35)
  3. The Inspiration Behind Scaler (6:40)
  4. Crafting a World-Class Curriculum (14:48)
  5. Navigating Challenges as a VC-Backed Startup (21:10)
  6. Building Brand Advocacy and Community (25:19)
  7. Preparing Talent for an Evolving Workforce (31:20)
  8. Today’s Student and Their Approach to Learning (35:49)
  9. Surprising Insights About EdTech in India (44:55)
  10. Key Learnings as a Founder and Leader of Scaler (50:11)
  11. Advice for Aspiring EdTech Founders (53:25)

. . .

Social links

  1. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Anshuman on Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  2. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Anshuman Singh on LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  3. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Desi VC on LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  4. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Akash Bhat on Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  5. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Akash Bhat on LinkedIn⁠⁠⁠⁠
E140: ⁠Sagar Kochhar⁠ (Co-founder & CEO, Eatsure, Rebel Foods)28 Oct 202400:58:19

Sagar Kochhar is the Co-founder of Rebel Foods, and CEO of Eatsure. After completing his engineering degree from NIT Kurukshetra and an MBA from SCMHRD Pune, he began as a design engineer with Larsen & Toubro, then moved to Perfetti Van Melle and Vodafone in marketing roles. At Rebel Foods, he initially joined as Sr. VP of Operations, playing a crucial role in building brands from scratch to multi-million-dollar valuations. Since becoming Group CMO in 2016, Sagar has led brand growth across geographies, focusing on innovative campaigns and community engagement to strengthen brand equity and deliver memorable consumer experiences.

In 2020, he launched and became the CEO of Eatsure, a food delivery platform and brand created by Rebel Foods that focuses on providing safe, quality-assured food from a curated selection of restaurant brands. It’s known for its "100% Safe Food Guarantee," where every meal is prepared following strict hygiene and safety protocols. Eatsure's app aggregates multiple brands under one platform, offering a wide variety of cuisines through a virtual food court concept. It also uses technology to track and assure quality across Rebel Foods’ cloud kitchens, enabling customers to order from different brands in one single order.

. . .

Episode Notes:

  1. The journey of Rebel Foods: From inception to today (2:50)
  2. Cracking the cloud kitchen business model (24:11)
  3. Insights from Sagar on India's evolving food consumption habits (31:45)
  4. Leveraging technology and AI to drive Rebel Foods' operations (43:13)
  5. Leadership transformation throughout the company’s growth (52:55)

. . .

Social links

  1. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Sagar on Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  2. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Sagar on LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  3. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Desi VC on LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  4. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Akash Bhat on Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  5. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Akash Bhat on LinkedIn⁠⁠⁠
⁠⁠E139: Karthik Prabhakar⁠⁠ (Managing Partner, ⁠⁠PeerCapital)16 Sep 202401:09:16

⁠Karthik Prabhakar⁠ is the Managing Partner at ⁠PeerCapital⁠, an early-stage investment fund in India focused on seed to Series A rounds. Karthik has been a part of the Indian tech ecosystem since 2005, with a wealth of experience in venture capital, product development, and marketing. Prior to PeerCapital, Karthik was the Managing Director at Chiratae Ventures (formerly known as IDG Ventures).

. . .

Episode Notes:

  1. What still excites Karthik about India today (2:35)
  2. Staying ahead of trends as an investor (5:11)
  3. India’s trajectory over the next 10-15 years (10:18)
  4. Karthik’s evolution as an investor from the beginning to now (17:40)
  5. How to build a strong network in venture capital (21:20)
  6. Building a world-class institution in venture capital (26:40)
  7. Measuring the factors that contribute to a VC fund’s brand (31:30)
  8. The importance of branding for a VC fund (33:45)
  9. PeerCapital’s success in building a brand (40:22)
  10. How to genuinely add value as an investor (46:46)
  11. Is competition beneficial for a VC fund? (54:30)
  12. Why gaming is a focus area for PeerCapital (57:05)
  13. Top 3 lessons from Karthik’s investing career (1:03:35)

. . .

Social links

  1. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Karthik on Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  2. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Karthik on LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  3. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Desi VC on LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  4. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Akash Bhat on Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  5. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Akash Bhat on LinkedIn⁠⁠⁠
E138: Aditya Nambiar (Co-founder, Fennel AI)16 Sep 202400:42:22

⁠Aditya Nambiar⁠ is the co-founder of ⁠Fennel⁠, a modern feature engineering platform that enables you to author, compute, store, serve, monitor, and govern both real-time and batch ML features, backed by Foundational Capital. Before diving into entrepreneurship, Aditya built products at Google and Facebook, and is an IIT-B alumnus.

. . .

Episode notes:

  1. Introduction (1:40)
  2. Why choose entrepreneurship? (2:32)
  3. The mindset shift: Small teams solving big problems vs. hyper-focused challenges (9:05)
  4. When is a product truly ready to ship? (12:10)
  5. What does it take for someone transitioning from big tech to thrive in startups? (16:44)
  6. Beyond technical skills: What to look for in an early startup hire (21:08)
  7. The personal impact of startup life on founders (25:51)
  8. Key learnings from building a startup (32:58)
  9. Aditya’s life purpose (36:05)
  10. How to enjoy the process of pursuing your purpose (38:25)

. . .

Social links

  1. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Aditya on Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  2. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Aditya on LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  3. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Desi VC on LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  4. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Akash Bhat on Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  5. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Akash Bhat on LinkedIn⁠⁠
E137: Mayuresh Raut (Managing Partner, Seafund)27 Aug 202400:56:22

Mayuresh Raut is the Co-founder & Managing Partner of Seafund, investing in pre-Series A startups in India with investments in companies such as Wigzo, Inc42, Zippee, ClooTrack among others. SEA Fund’s mission is to help the next set of technical founders, with small amounts of early capital in getting to market to build efficient and scalable businesses. He is an Engineer and an MBA and is an alumnus of Virginia Tech and INSEAD, has over 21 years of leadership experience with global clients in Manufacturing, Construction & Analytics in Financial Services & Healthcare and has been investing in startups for over 10 years.

. . .

Episode Notes:

  1. Why pursue a career in venture capital? (2:33)
  2. What excites investors about India today compared to when they first started? (4:24)
  3. Improving policy-making: How India has evolved (10:24)
  4. Areas where India can excel on the global stage (18:55)
  5. Adopting a long-term perspective on investing (32:15)
  6. Accelerating India's middle-class growth and GDP (36:17)
  7. Cultivating the next generation of top entrepreneurs (43:35)
  8. India's trajectory over the next decade (52:13)

. . .

Social links

  1. Follow ⁠⁠⁠⁠⁠⁠⁠⁠Mayuresh on Twitter⁠⁠⁠⁠⁠⁠⁠⁠
  2. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠Mayuresh on LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠
  3. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠The Desi VC on LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠
  4. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠Akash Bhat on Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠
  5. Follow ⁠⁠⁠⁠⁠⁠⁠⁠Akash Bhat on LinkedIn⁠
E136: Swati Bhargava (Co-founder, CashKaro.com)27 Aug 202401:10:22

Swati Bhargava is the Co-Founder of CashKaro.com, India’s largest Cashback & Coupons site, backed by Kalaari Capital, Korea investment partners and Affle. Swati first started Pouring Pounds with her husband Rohan Bhargava in the UK in 2011. Seeing the huge opportunity in India they launched CashKaro.com in April 2013. Swati is an alumnus of the London School of Economics and has worked at Goldman Sachs in London for 5 years before embarking on the path of entreprneurship. In this episode we’ll cover her decade long journey building a consumer business and all things she’s learned about being a founder and growing as leader.

. . .

Episode Notes:

  1. Swati's journey into entrepreneurship (2:54)
  2. Influence of parents on career decisions (7:30)
  3. Essential advice for aspiring and first-time entrepreneurs (10:40)
  4. Embracing uncertainty in entrepreneurship (15:25)
  5. Founder’s evolution as the company grows (18:35)
  6. Cultivating company culture (23:55)
  7. Pros and cons of having your life partner as a co-founder (31:40)
  8. Early days of CashKaro: Customer acquisition, attracting investors, and brand building (34:50)
  9. How capital empowers founders (39:04)
  10. Taking a step back to move forward (42:42)
  11. Investor sentiment in 2024 (45:28)
  12. Transformations in the Indian startup ecosystem over the past decade (47:45)
  13. CashKaro’s larger vision and future outlook (52:54)
  14. Spirituality and mental resilience as a founder (59:36)
  15. The importance of vulnerability in leadership (1:02:52)
  16. Advice to a younger Swati (1:09:02)

. . .

Social links

  1. Follow ⁠⁠⁠⁠⁠⁠Swati on Twitter⁠⁠⁠⁠⁠⁠
  2. Follow ⁠⁠⁠⁠⁠⁠⁠Swati on LinkedIn⁠⁠⁠⁠⁠⁠⁠
  3. Follow ⁠⁠⁠⁠⁠⁠⁠The Desi VC on LinkedIn⁠⁠⁠⁠⁠⁠⁠
  4. Follow ⁠⁠⁠⁠⁠⁠⁠Akash Bhat on Twitter⁠⁠⁠⁠⁠⁠⁠
  5. Follow ⁠⁠⁠⁠⁠⁠Akash Bhat on LinkedIn
E135: Anish Achuthan (Co-founder & CEO, Open Financial Technologies)26 Jul 202401:02:07

Anish is the Co-founder and CEO of Open, a neo-banking platform which provides business banking services to SMEs and startups. With over 17 years in the fintech industry, Anish has a rich entrepreneurial background. In 2001, he co-founded his first startup, iFuturz Wireless, focusing on mobile value-added services. In 2007, he founded CashNxt, a plug-and-play mobile payment and financial inclusion platform for semi-urban and rural markets, which was later acquired by a Latin American company. In 2009, he built Neartivity Wireless, an NFC-based payment processing platform. In 2013, he co-founded Zwitch, India’s first developer-focused payment platform, which was acquired by Citrus Payments in 2015. At CitrusPay and later at PayU, Anish interacted with numerous SMEs and realized that banking was broken for small businesses, with owners struggling to track their income and expenses, leading him to found Open.

. . .

Episode Notes:

  1. Introduction (1:50)
  2. Why entrepreneurship? (2:37)
  3. Selling his first company (9:00)
  4. Building fintech in India from 2010 to 2024 (13:45)
  5. Why Open and what was the vision for the company when it was initially founded? (18:48)
  6. Building trust as an early Neo bank in India (23:20)
  7. Lessons from building multiple startups (28:20)
  8. Building and nurturing culture (33:20)
  9. Building during the years of the pandemic (40:55)
  10. Growing as a leader (47:55)
  11. Challenges of building a company at scale (52:20)
  12. Vision for Open in the coming years (56:38)
  13. Advice Anish would have given himself early in his career (58:55)

. . .

Social Links:

  1. Follow ⁠⁠⁠⁠⁠Anish on Twitter⁠⁠⁠⁠⁠
  2. Follow ⁠⁠⁠⁠⁠⁠Anish on LinkedIn⁠⁠⁠⁠⁠⁠
  3. Follow ⁠⁠⁠⁠⁠⁠The Desi VC on LinkedIn⁠⁠⁠⁠⁠⁠
  4. Follow ⁠⁠⁠⁠⁠⁠Akash Bhat on Twitter⁠⁠⁠⁠⁠⁠
  5. Follow ⁠⁠⁠⁠⁠Akash Bhat on LinkedIn
E134: Edul Patel (Co-founder & CEO, Mudrex)17 Jul 202400:54:47

Edul Patel is the Co-founder & CEO of Mudrex, a crypto exchange platform on a mission to democratize investing, with its primary goal being to make crypto investing easy and accessible to all. The company has raised over $22M from Y Combinator, Nexus Venture Partners, Tribe Captial, QED Investors and Arkam Ventures.

Edul brings with him over 10 years of experience deep-rooted in finance, entrepreneurship, and building tech-driven applications. Previously Co-Founded Niffler, which was acquired by Tapzo where he led the product team to build the core infrastructure and the app.

. . .

Episode Notes:

  1. Intro (1:50)
  2. How Edul got into entrepreneurship (2:45)
  3. Why so many IITians become founders (6:45)
  4. Overcoming insecurities as a founder (13:13)
  5. Learnings as a second-time entrepreneur (17:40)
  6. The origin of Mudrex (22:02)
  7. How Indian VCs viewed crypto in 2017 (29:36)
  8. The crypto and web3 movement: why community matters (35:15)
  9. Building investor confidence in crypto after recent events (42:17)
  10. What Edul has learned about himself as an operator (45:45)

. . .

Social Links:

  1. Follow ⁠⁠⁠⁠Edul on Twitter⁠⁠⁠⁠
  2. Follow ⁠⁠⁠⁠⁠Edul on LinkedIn⁠⁠⁠⁠⁠
  3. Follow ⁠⁠⁠⁠⁠The Desi VC on LinkedIn⁠⁠⁠⁠⁠
  4. Follow ⁠⁠⁠⁠⁠Akash Bhat on Twitter⁠⁠⁠⁠⁠
  5. Follow ⁠⁠⁠⁠Akash Bhat on LinkedIn
E133: Navin Honagudi (Managing Partner, Elev8 Venture Partners)10 Jul 202400:48:32

Navin Honagudi is the Managing Partner at Elev8 Venture Partners, an India-focused $200M Growth-stage fund. Elev8 focuses on Series B and C rounds of financing in hyper growth companies. He bring 18+ years of experience investing in early and growth stage technology firms and also held the positions of Co-founder and Partner at Kae Capital.

. . .

Episode Notes:

  1. Introduction (1:48)
  2. How Naveen entered venture capital (2:24)
  3. Comparing entrepreneurs: 2000s vs. today (4:45)
  4. Indian VC landscape & expected exits/returns in the 2000s (8:38)
  5. What Elev8 looks for in founders (11:45)
  6. Why India is exciting today (18:01)
  7. Opportunities in offline to online transition in India (25:30)
  8. Emerging sectors like faith-tech (28:15)
  9. Next billion dollar opportunities: alcohol, sex-tech, betting, gaming (32:25)
  10. Summarizing investment experiences: CVC, consumer VC, and growth-stage VC (37:25)
  11. Investing in early-stage vs. growth-stage (42:15)
  12. Advice Naveen would give his younger self (45:28)

. . .

Social Links:

  1. Follow ⁠⁠⁠Navin on Twitter⁠⁠⁠
  2. Follow ⁠⁠⁠⁠Navin on LinkedIn⁠⁠⁠⁠
  3. Follow ⁠⁠⁠⁠The Desi VC on LinkedIn⁠⁠⁠⁠
  4. Follow ⁠⁠⁠⁠Akash Bhat on Twitter⁠⁠⁠⁠
  5. Follow ⁠⁠⁠Akash Bhat on LinkedIn
E132: Sanket Shah (Co-founder & CEO, invideo)14 Jun 202401:03:34

Sanket Shah is the Founder of invideo, an AI-powered video creation platform for creators, boasting over 25 million users worldwide. As a trusted leader in the industry, InVideo serves customers in 190 countries and has raised over $52 million from investors including Tiger Global, Peak 15, RTP Global, Titan Capital, and Hummingbird Ventures. Prior to InVideo, Sanket founded MassBlurb, which was acquired by Mobikon in 2016.

. . .

Episode Notes:

  1. Introduction (2:00)
  2. How to discover your superpowers? (2:50)
  3. Why did Sanket decide to be an entrepreneur? (3:40)
  4. How did growing up in an entrepreneurial family influence Sanket's decision to become a founder himself? (7:20)
  5. How did the idea for invideo come into being? (13:03)
  6. Early days of invideo (18:18)
  7. Serving the anti-power user (23:20)
  8. How does invideo ensure stickiness with its product (32:37)
  9. Fostering a culture of multifaceted thinking within the organization (37:25)
  10. Sanket’s view on hiring, culture and leadership within the company (42:55)
  11. Internalizing as a founder (58:20)
  12. Reflecting back on the journey and advising a younger self (1:02:25)

. . .

Social Links:

  1. Follow ⁠⁠Sanket on Twitter⁠⁠
  2. Follow ⁠⁠⁠Sanket on LinkedIn⁠⁠⁠
  3. Follow ⁠⁠⁠The Desi VC on LinkedIn⁠⁠⁠
  4. Follow ⁠⁠⁠Akash Bhat on Twitter⁠⁠⁠
  5. Follow ⁠⁠Akash Bhat on LinkedIn
E131: Ashok Hariharan (CEO, IDfy)13 Jun 202401:00:24

Ashok is the Co-founder and CEO of IDfy, an online fraud detection and identity platform that provides background verification services to banks and financial institutions. He started his career in semi-conductors, building high-speed network processors. His MBA degree took him away from Engineering and into the world of Business Strategy. He worked with British Telecom in London for 5 years before deciding that his heart lay in creating value grounds-up. 

The company has raised over $54M from IndiaMart, KB Investment, Blume Ventures, Elev8 Venture Partners among many others.

. . .

Episode Notes:

  1. Introduction (2:00)
  2. Was entrepreneurship part of Ashok’s career plan (3:04)
  3. Early influence of entrepreneurship (4:40)
  4. Learnings from building (13:50)
  5. What does entrepreneurship teach you about failure and setbacks (25:00)
  6. Struggling with mental health as founders (30:00)
  7. Evolving as a founder: Doer to enabler (39:45)
  8. Building a ‘change culture’ (44:01)
  9. Impact of entrepreneurship on personal life (51:35)
  10. Advice to self and other founders (54:29)

. . .

Social Links:

  1. Follow ⁠⁠Ashok on Twitter⁠⁠
  2. Follow ⁠⁠⁠Ashok on LinkedIn⁠⁠⁠
  3. Follow ⁠⁠⁠The Desi VC on LinkedIn⁠⁠⁠
  4. Follow ⁠⁠⁠Akash Bhat on Twitter⁠⁠⁠
  5. Follow ⁠⁠Akash Bhat on LinkedIn
E130: Rajiv Srivatsa (Partner, Antler India)03 May 202401:05:20

Rajiv Srivatsa is a Partner at Antler India, one of the most active early-stage venture capital firms. Prior to Antler, he co-founded Urban Ladder, an omni-channel furniture and decor retailer started in 2012. The company raised over $100M from SAIF Partners, Kalaari, Steadview, Peak XV Partners, Trifecta Capital and Ratan Tata. In November 2020, the company was acquired by Reliance Retail.

Prior to Urban Ladder, he served as a Senior Product Manager with Yahoo, and before that at Infosys. He is an alumnus of IIT-Madras and IIM-Bangalore.

. . .

Episode Notes:

  1. How did it all start for Rajiv (2:02)
  2. When and why did Rajiv decide to start Urban Ladder (5:50)
  3. Where does Rajiv’s love for consumer products come from (12:10)
  4. How did idea of selling home decor / furniture originate (14:41)
  5. How did Urban Ladder look at culture internally and build a great one at scale (28:45)
  6. How has Rajiv’s leadership evolved over the years (34:12)
  7. How and why did Rajiv decide to enter venture capital (42:35)
  8. What does Rajiv enjoy the most - being an operator, founder or investor (55:10)
  9. Rajiv’s advice to anyone on a break looking for a framework on how to develop a career plan (57:35)

. . .

Social Links:

  1. Follow ⁠Rajiv on Twitter⁠
  2. Follow ⁠⁠Rajiv on LinkedIn⁠⁠
  3. Follow ⁠⁠The Desi VC on LinkedIn⁠⁠
  4. Follow ⁠⁠Akash Bhat on Twitter⁠⁠
  5. Follow ⁠Akash Bhat on LinkedIn
E129: Shwetank Verma (Co-founder & Managing Partner, Leo Capital)25 Apr 202400:52:30

Shwetank Verma is the co-founder of Leo Capital, a venture capital fund investing in companies inIndiaand South East Asia. Recent investments include CoLearn (edtech), WayForward (mental health), CoverGenius (Insurtech) and IndiaGold (Digital Gold). Leo Capital is backed by institutional investorsfrom Singapore and Silicon Valley.

Prior to Leo Capital, he led Open Innovation for MetLife Asia and was a part of the senior management team of LumenLab, MetLife's innovation consultancy. At LumenLab, he advised MetLife country CEOs andsenior leaders on growth, startup collaboration, culture change and new product development.

Prior to joining MetLife, he was a serial entrepreneur in healthcare and education in India. He serves asInnovation Adviser to the Institute of Innovation and Entrepreneurship at the Singapore Management University.

He is also a fellow of the Institute of Chartered Accountants England and Wales and holds a Bachelor of Science in Economics and Econometrics from the University of Nottingham (UK), where he was a Foreignand Commonwealth Office scholar.

. . .

Episode Notes:

  1. State of the industry in 2024 
  2. How does Shwetank define a good investor?
  3. Takeaways from working with portfolio founders
  4. Vision for India the next 5 years
  5. Examples of building from India for the world from a category-creation play
  6. Best investor persona: Operator vs Pure investor?
  7. How did Leo build its internal thesis?
  8. Why did Shwetank become an investor?
  9. What does Shwetank like and dislike about investing?
  10. How has Shwetank evolved as an investor?
  11. Insights from working with Leo’s porticos
  12. Advice Shwetank would give his younger self

. . .

Social Links:

  1. Follow Shwetank on Twitter
  2. Follow ⁠Shwetank on LinkedIn⁠
  3. Follow ⁠The Desi VC on LinkedIn⁠
  4. Follow ⁠Akash Bhat on Twitter⁠
  5. Follow Akash Bhat on LinkedIn
E128: Prayank Swaroop (Partner, Accel)08 Dec 202300:48:41

Prayank Swaroop is a Partner at Accel, and joined the firm in 2011.

He focuses on cybersecurity, developer tools, marketplaces, and SaaS investments. Some of the investments led by him are - Aavenir, Bizongo, Maverix, OnsiteGo, Securden, Slintel, Skeps, and Zetwerk.

Prior to Accel, he worked at Adobe and Standard Chartered Bank in India and Singapore. He held positions across engineering, product marketing, pre-sales, and product management.

He has an integrated master's degree in Mathematics and Computing from IIT Delhi and an MBA from the Indian School of Business, Hyderabad.

. . .

Episode Notes:

  1. What made Prayank take a bet on venture as a career path (3:38)
  2. Naivety in venture capital (7:10)
  3. Where is venture as of October 2023, post the global slow down (9:50) 
  4. Sectors that have shown massive potential in spite of it being a dull year in terms of venture activity (18:18)
  5. Insights gained by Prayank over the course of his ten years of investment experience (22:15)
  6. How to evaluate people as an investor (27:38)
  7. How would Prayank rebuild his career as an investor if given a chance to restart (38:37)
  8. Advice to founders (48:15)

. . .

Social Links:

  1. Follow Prayank on Twitter
  2. Follow ⁠Prayank on LinkedIn⁠
  3. Follow ⁠The Desi VC on LinkedIn⁠
  4. Follow ⁠Akash Bhat on Twitter⁠
  5. Follow ⁠Akash Bhat on LinkedIn
E127: Priya Saiprasad (General Partner, Touring Capital)05 Dec 202300:53:53

Priya Saiprasad is a General Partner at Touring Capital, a fund investing in enterprise-focused AI powered global startups. She co-founded Touring after 13 years in venture capital, M&A and enterprise technology.

She was most recently a Partner at SoftBank Vision Fund, where she led investments into category-defining software companies including Pixis, Vendr, Observe.ai, CommerceIQ, Sendoso and Skedulo.

Previously, Priya was at Mayfield Fund focused on early-growth investments, and a founding member of M12 (Microsoft’s Venture Fund), where she led investments in Go1, Workboard, PandaDoc, Element AI (acquired by ServiceNow), and Bonsai (acquired by Microsoft). Prior to that, she was a Deal Lead in Square’s M&A team leading acquisitions at the intersection of software and machine learning.

Priya was recognized by Forbes in 2018 as part of their 30 under 30 in Venture Capital list. She is actively involved with All Raise, Neythri, and several prominent Women in Tech associations. Priya holds a B.S. in Business Administration from the Haas School of Business at UC Berkeley.

. . .

Episode Notes:

  1. How did Priya end up in venture (2:36)
  2. What about venture surprised Priya the most (6:00)
  3. Insecurities as/of an investor (11:25)
  4. Learnings as an investor when investments haven’t really worked out (17:02)
  5. How can one acquire the skills to assist founders, even if they haven't personally experienced those challenges? (25:05)
  6. Investing is personal: Do investors derive guidance from aspects of their life when making investment decisions? (29:35)
  7. How does competition drive investors (34:52)
  8. Prestige and perception in venture (41:30)
  9. Advice Priya would give her younger self (47:20)

. . .

Social Links:

E126: Rohit Bansal (Co-founder, Snapdeal)27 Nov 202300:56:03

Rohit Bansal is the Co-founder Snapdeal, one of the largest online marketplaces in India. The company has raised over $1.7B from eBay, Kalaari Capital, Nexus Venture Partners, Bessemer Venture Partners, Intel Capital, BlackRock, Temasek Holdings and SoftBank. He is also the Co-Founder of Titan Capital, which has invested in companies such as Mamaearth, Dealshare, OLA, RazorPay and OfBusiness. He an alumnus of Indian Institute of Technology, Delhi.

. . .

Episode Notes:

  1. Introduction (2:00)
  2. What motivated Rohit to become an entrepreneur (2:57)
  3. Why is entrepreneurship on the rise in India (10:30)
  4. How did Rohit get into investing (14:30)
  5. How did and does Rohit deal with tough moments in life (19:26)
  6. How do founders continue to stay motivated over the years (27:58)
  7. What frameworks does Rohit deploy to navigate tough situations in life (31:39)
  8. Why it’s important for founders to look after themselves (36:20)
  9. Looking back at his career what is Rohit the most proud of? (41:15)
  10. What is Rohit dedicating the next 5-10 years of his life towards (45:45)
  11. What advice would Rohit give his younger self? (52:02)

. . .

Social Links:

  1. Follow Rohit on Twitter
  2. Follow Rohit on LinkedIn
  3. Follow The Desi VC on LinkedIn
  4. Follow Akash Bhat on Twitter
  5. Follow Akash Bhat on LinkedIn
E125: Shubham Goel (Co-founder & Co-CEO, Affinity)26 Nov 202300:47:00

Shubham Goel is the Co-foudner and Co-CEO of Affinity, a relationship intelligence platform for dealmakers. The company has raised over $120M in funding from Menlo Ventures, MassMutual Ventures, Pear VC and Advance Venture Partners. Prior to Affinity, Shubham completed his BS in Computer Science at Stanford University.

. . .

Episode notes:

  1. What made Shubham pick entrepreneurship (2:00)
  2. Propensity of risk increasing as the company grows (6:08)
  3. The journey until the ah-ha moment (10:06)
  4. The aha-moment (17:00)
  5. Unlocking the operator and leader persona as a founder (25:15)
  6. Getting the most out of your teams as a leader (31:10)
  7. Things that have surprised Shubham in the company building journey (37:15)
  8. What would Shubham do differently if he were to build Affinity from scratch today? (43:54)

. . .

Social links:


E124: Sumeet Mehta (Co-founder & CEO, LEAD)02 Oct 202300:44:35

Sumeet Mehta is the co-founder and CEO of LEAD, an edtech company helping digitize and transform affordable private schools to better serve students from middle and low-income groups of families. Before co-founding LEAD, Sumeet was Chief Executive Officer at Zee Learn (2007-2012). He transformed the institution from a pre-school franchise company to an education company with a presence in pre-schools and K-10 schools, and science activity and animation classes. Prior to that, Sumeet spent eight years at Procter & Gamble Singapore, where he was involved in in brand management, leading businesses in Australia, Southeast Asia, and India. Sumeet is an alumnus of IIM-Ahmedabad and PEC Chandigarh.

. . .

Episode Notes:

  1. Introduction (1:40)
  2. How and why did Sumeet co-found LEAD? (3:08)
  3. How do you 'figure out' your mission as a founder? (8:18)
  4. Do founders take time to introspect about their personal growth? If they do, how frequently do they engage in this practice, and what methods do they employ? (14:23)
  5. How can a founder effectively address and manage their insecurities while continually learning and growing in their role? (19:20)
  6. What has Sumeet learned about himself over the course of his entrepreneurial journey (24:00)
  7. The toughest part of building a company (28:36)
  8. Working with your significant other as a co-founder (32:08)
  9. Non-negotiables as a founder (34:50)
  10. Fostering a culture of long-term thinking among employees (39:02)

  11. Advice Sumeet would offer his younger self (41:11)

. . .

Social links:

E123: Sankar Bora (Co-founder & COO, Dealshare)20 Jul 202300:53:56

Sankar Bora is the Co-founder & COO, Dealshare, a social ecommerce startup in India, that has raised close to $400M in venture money from marquee investors such as Alpha Wave Global, Tiger Global, Matrix India, Alteria Capital and WestBridge Capital. Prior to this, he co-founded Myntra in 2007, which was sold to Flipkart in 2010.

. . .

Episode Notes:

  1. Why entrepreneurship? (2:30)
  2. What gave Sankar the conviction to embark on the path of entrepreneurship (5:50)
  3. Early days of Mantra (10:32)
  4. A few mistakes made at Myntra (14:25)
  5. How to pick co-founders? (20:34)
  6. Learnings from building Myntra (22:50)
  7. Validating the thesis around Dealshare (27:50)
  8. What did Sankar get right about building Dealshare and early signs of success (33:45)
  9. Understanding the diversity of Indian customers
  10. Nurturing consistency at Dealshare (43:25)
  11. What has entrepreneurship taught Sankar (46:20)

. . .

Social Links:

Dealshare on Twitter: https://twitter.com/dealshareindia

Sankar on Twitter: https://mobile.twitter.com/SankarBora6

Podcast on Twitter: https://twitter.com/thedesi_vc

Akash Bhat on Twitter: https://twitter.com/bhatvakash

Podcast on Instagram: https://instagram.com/thedesivc

Akash Bhat on Instagram: https://instagram.com/bhatvakash

E122: Aloke Bajpai (Co-founder & CEO, ixigo)14 Jul 202301:01:32

Aloke Bajpai is the Co-founder and CEO of ixigo.com a platform that aggregates and compares real-time travel information, prices and availability for flights, trains, buses, and hotels, and allows ticket booking through its associate websites and apps. Since ixigo's launch in 2007, the company has gone from a bootstrapped startup to India’s leading travel search and planning business, with over 20 million active users every month across mobile and web.

Aloke graduated from IIT Kanpur in 2001 and started his career at Amadeus in Europe where he held key product and technology roles, building and managing large scale web-based products and networks for the first four years of his career. He then went to INSEAD for his MBA, and returned to India to build ixigo.

. . .

Episode Notes:

  1. Intro (2:15)
  2. Why entrepreneurship (4:11)
  3. What frameworks did Aloke decide to take the plunge into entrepreneurship (11:20)
  4. Why did Aloke pick travel as an industry to disrupt (14:35)
  5. The Aha-moment for Ixigo (17:38)
  6. Conversations with VCs in the early-stages (24:15)
  7. How did Aloke and team convince their first investors (30:00)
  8. Leveraging VCs to grow the company (32:40)
  9. Evolution of Aloke’s leadership styles over the Yeats (37:40)
  10. How do you build a strong internal company culture (42:15)
  11. How did Ixigo navigate the pandemic and the challenges that came with it? (46:50)
  12. Overall learnings building Ixigo (55:20)
  13. Advice to younger self (59:18)

. . .

Social Links:

ixigo on Twitter: https://twitter.com/ixigo

Aloke on Twitter: https://twitter.com/alokebajpai

Podcast on Twitter: https://twitter.com/thedesi_vc

Akash Bhat on Twitter: https://twitter.com/bhatvakash

Podcast on Instagram: https://instagram.com/thedesivc

Akash Bhat on Instagram: https://instagram.com/bhatvakash

E121: Rajat Tandon (President, IVCA)10 Jul 202300:54:41

Rajat Tandon is the President of IVCA, India's apex body representing the interests of PE/VC industry, Real estate, Infrastructure and Credit funds, Limited Partners, Family offices & Corporate VC's. Rajat leads the planning, development, and implementing IVCA’s regulatory advocacy activities, while also effectively influencing regulatory outcomes in support of the alternate asset class.

Previously, Rajat was part of the leadership team at NASSCOM, where he headed NASSCOM’s 10,000 Startups initiative, providing crucial support to technology startups in India.

With his early stint as entrepreneur and extensive corporate experience in the IT & Telecom and GIS/Navigable maps, Rajat competently bridges the gap between boardroom expertise and on-the-ground experience. Over the past 25+ years, he has worked in various positions ranging from technical support, sales leadership, service delivery to strategic initiatives at Siemens, Nortel, and Nokia.

Rajat also brings with him his extensive network in the startups space, having worked closely with most of the eminent industry leaders. His knowledge of the startup ecosystem, its constituents, successes, opportunities, and challenges run deep. He is also a member of CII National Start-up Council.

A Post-Graduate in Business Management from the Indian Institute of Management Technology (IIMT), Ghaziabad, Rajat also has a Bachelor’s degree in Engineering from Pune University. When not busy with the VC-PE and startup communities, you will find him spending quality time with family or enjoying a game of Golf.​

. . .

Episode Notes:

  1. Introduction (2:00)
  2. The evolution of the Indian VC ecosystem in the past decade (3:20)
  3. IVCA's pivotal role in the advancement of the Indian VC ecosystem (5:06)
  4. Rajat's career path (7:45)
  5. IVCA's remarkable milestones and contributions (17:55)
  6. Envisioning a thriving startup ecosystem (26:04)
  7. Inspiring success stories from India's vibrant startup landscape (42:20)
  8. Rajat's lasting legacy: Shaping the future of Venture Capital (51:29)

. . .

Social Links:

IVCA on Twitter: https://twitter.com/indianvca

Rajat on Twitter: https://twitter.com/rajattandy

Podcast on Twitter: https://twitter.com/thedesi_vc

Akash Bhat on Twitter: https://twitter.com/bhatvakash

Podcast on Instagram: https://instagram.com/thedesivc

Akash Bhat on Instagram: https://instagram.com/bhatvakash 

E120: Rohit Sood (Partner, Bertelsmann India Investments)26 Jun 202301:13:42

Rohit Sood is the Partner at Bertelsmann India Investments (BII), an investment firm that invests in companies in the digital, education, media, and services sectors. The firm also focuses on early-stage, as well as growth-stage investments. Rohit was the founding team member and has been part of Bertelsmann from Day 0 having seen the growth of the fund over the last decade as well played an instrumental part in shaping India’s startup ecosystem. Prior to Bertelsmann, he spent some time at Deutche Bank and holds an MBA from IIM-Kohzikode with a Bachelors from IIT Delhi.

. . .

Episode Notes:

  1. Intro (1:50)
  2. Why did Rohit pick a career in venture (3:42)
  3. Trading vs venture capital (7:30)
  4. Indian growth story: 2010-present (10:37)
  5. Learnings from backing companies that haven’t scaled as per expectations (16:10)
  6. How does Berterslman conduct its post mortem on startups (20:40)
  7. How does one build a great working relationship with their portfolio founders and guide them (28:06)
  8. How and what do investors mean when they talk about market? (32:42)
  9. Can the market be manipulated (35:42)
  10. Thoughts on investing in the ‘Valley of death’ (41:15)
  11. Exits for VCs (50:10)
  12. Insights from investing in winners (54:50)
  13. What can we expect from India in the coming years (1:03:01)
  14. How has Rohit evolved as an investor over the years (1:07:30)

. . .

Social Links:

BII on Twitter: https://twitter.com/biifund

Rohit on Twitter: https://twitter.com/doostihor

Podcast on Twitter: https://twitter.com/thedesi_vc

Akash Bhat on Twitter: https://twitter.com/bhatvakash

Podcast on Instagram: https://instagram.com/thedesivc

Akash Bhat on Instagram: https://instagram.com/bhatvakash 

E119: Saurabh Saxena (Co-founder, Vedantu & Power Club)21 Jun 202301:00:31

Saurabh Saxena is a serial edtech entrepreneur who has co-founded Lakshya, Vedantu and Power Club (previously known as Uable). He has been an educator and Edtech entrepreneur for 15 years now. After graduating from IIT Roorkee in 2005 he started Lakshya, a chain of offline learning centres. After a successful exit, Saurabh then co-founded Vedantu in 2012 which then went on to become one of the leading online test prep companies. Shortly after becoming a parent himself, Saurabh realised that our current education system does not prepare our children with real-world life skills required to lead a happy and successful life. That led him to found his third edtech venture, Power Club, aimed at preserving and nurturing our children’s creative intelligence and preparing them for an uncertain future.

Links to topics discussed: Poistive Intelligence and Letter to younger self by Salman Khan (Khan Academy)

. . .

Episode Notes:

  1. Intro (1:43)
  2. Why entrepreneurship? (2:32)
  3. Why is Saurabh passionate about education (6:32)
  4. Takeways from building three companies in edtech (9:35)
  5. Aha-moments while building Vedantu and Lakshya (22:00)
  6. How should founders think about scale (27:50)
  7. How has Saurabh matured and evolved as a founder (31:50)
  8. How to build mission-driven businesses (39:50)
  9. Frameworks for decision-making and navigating tough days as a founder (43:35)
  10. How does Saurabh leverage his success to motivate him further (51:52)
  11. Advice to his younger self (55:55)

. . .

Social Links:

Powerclub on Instagram: https://www.instagram.com/join.power.club/

Saurabh on Twitter: https://twitter.com/saurabh_learn

Podcast on Twitter: https://twitter.com/thedesi_vc

Akash Bhat on Twitter: https://twitter.com/bhatvakash

Podcast on Instagram: https://instagram.com/thedesivc

Akash Bhat on Instagram: https://instagram.com/bhatvakash

E118: Nandini Mansinghka (CEO, Mumbai Angels)16 Jun 202301:03:28

Nandini Mansinghka is the CEO of Mumbai Angels, an investment firm that now operates under the 360 One umbrella. She came on board as the third Co-Founder, operating partner, and CEO in 2017. She has vast years of experience across the Investment Banking, Media, and Education industries and worked for 5+ years with J.P. Morgan in India in leadership positions in the Investment Banking research group. Before J.P. Morgan, she has worked for over 5 years with the Times of India Group. She also holds a professional degree as a Chartered Financial Analyst.

Episode Notes:

  1. Intro (2:11)
  2. Career trajectory (3:40)
  3. The role of families in career progression (17:11)
  4. Nandini's stint as an entrepreneur (23:49)
  5. Growth of the average Indian angel investor in the last 5-10 years (34:15)
  6. Mumbai Angels' deal flow management in the context of macro trends explained (49:53)
  7. The role of Mumbai Angels in the next chapter of India's growth (57:00)


E117: Dr. Pankaj Jethwani (EVP, W Health Ventures)12 Jun 202301:04:19

Dr. Pankaj Jethwani is the Executive Vice President at W Health Ventures, a Boston-based venture capital firm focused on helping entrepreneurs build the future of healthcare delivery in the US and India. Over the last ten years, Dr. Jethwani has been involved in improving care delivery in several care settings in the US and India as a physician leader, operator, management consultant, and investor.
Dr. Jethwani started his career as a Primary Care Physician in Mumbai, India. Through this experience, he witnessed first-hand the gaps in health care delivery in both the public and private sectors. Motivated to bring about reform in this system, he joined The Boston Consulting Group in India where he helped shape BCG’s work with Government agencies to improve delivery of healthcare at scale. He later co-founded The Breakfast Revolution (TBR), a social enterprise fighting the malnutrition epidemic in India. TBR has served 220,000+ children over 20 million fortified meals.
More recently, Pankaj worked at Iora Health, a Boston-based innovative primary care company that serves seniors on Medicare. This experience helped shape his perspective on building and scaling a technology-enabled value-based care organization, taking global risk, and creating a delightful model of care for patients and providers. At W Health Ventures, Dr. Jethwani leads investments in disruptive technology-enabled healthcare services companies in the US and India. Pankaj holds an MBBS (MD-equivalent) degree from MUHS (India) and received an MBA from The Wharton School of the University of Pennsylvania.

Episode Notes:

  1. Introduction (2:30)
  2. How did Pankaj venture into the world of VC following his career as a doctor? (3:05)
  3. Which is more challenging: transitioning into VC or practicing medicine? (6:12)
  4. Insights gained from Pankaj's experience as an operator (8:44)
  5. The healthcare industry in India: an in-depth analysis (17:48)
  6. The transformative impact of VC in healthcare: an exploration (31:11)
  7. Valuable lessons derived from high-performing portfolios (36:47)
  8. W Health Ventures' investment strategy and approach (44:53)
  9. The pivotal role of capital in shaping India's healthcare landscape (51:20)
  10. Unlocking growth and fortifying the Indian healthcare industry (55:40)
  11. Words of wisdom Pankaj would impart to his younger self (58:25)
E116: Saurabh Pandey (Co-founder & CEO, EloElo)26 May 202301:24:11

Saurabh Pandey, co-founder and CEO of EloElo. EloElo is an app that enables live-social experiences through games and entertainment. It is currently among the top 10 Apps on the Google Play Store in India with over 10M downloads. It accommodates 34,000 creators and offers a staggering 400 million minutes of live content. The company has raised $15M from Kalaari Capital, KB Investment, Lumikai, WaterBridge Ventures and Better Capital.

Before Eloelo, he accumulated a decade of experience in various domains such as marketing, product and growth at Flipkart and P&G.


Episode notes:

  1. Introduction (2:05)
  2. Rationale behind entrepreneurship: Saurabh's motivation for founding EloElo (2:59)
  3. Resilience and conviction: Saurabh's renewed pursuit of entrepreneurship following a prior setback (10:25)
  4. Early Validation of EloElo (18:03)
  5. Standing out in a competitive landscape: EloElo's approach to capturing attention in the content and entertainment industry (26:16)
  6. Building alongside ICPs (34:14)
  7. The significance of timing in the company's growth trajectory (41:12)
  8. Insights gained as a CEO: Key lessons learned by Saurabh (49:18)
  9. Saurabh's framework for decision making (59:42)
  10. Non-negotiable principles: Saurabh's core values and beliefs (1:10:26)
  11. Saurabh's reflections – advice to the younger self (1:16:55)

. . .

Social Links:

EloElo on Twitter: https://twitter.com/eloeloapp

Saurabh on Twitter: https://twitter.com/Saurabh65616912

Podcast on Twitter: https://twitter.com/thedesi_vc

Akash Bhat on Twitter: https://twitter.com/bhatvakash

Podcast on Instagram: https://instagram.com/thedesivc

Akash Bhat on Instagram: https://instagram.com/bhatvakash

E115: Karan Desai (Managing Partner, Interface Ventures)23 May 202300:53:35

Karan Desai is the Founder and Managing Partner at Interface Ventures, an early-stage venture fund based out of Mumbai, India. He’s an operator turned investor who brings a diverse skill set that encompasses extensive experience in operations, investment banking, and financial consulting.

Prior to Interface, he was the Joint Managing Director at Trucap Finance Ltd., a rapidly expanding NBFC listed on the Bombay Stock Exchange which specializes in providing finance to MSME businesses in India.

In addition to this, Karan founded exerFIT, a globally recognized lifestyle nutrition and supplementation brand endorsed by top athletes and Bollywood stars.

Throughout his career, Karan has held key roles at distinguished brands such as Bank of America, PwC, Centrum Capital, and the HEAL Institute. His academic credentials include a Masters from the University of Westminster, London, and a Bachelors from Narsee Monjee College, Mumbai, where he graduated with distinction.

Episode Notes:

  1. Intro (2:28)
  2. Journey into venture capital (3:53)
  3. How is Interface Ventures structured? (11:20)
  4. Looking back at Karan's founder stint: ExerFit (17:55)
  5. How to keep things lean and bootstrap (25:06)
  6. How does Karan invest, knowing what he knows today as a former founder? (29:25)
  7. How has venture impacted Karan as a person? (36:11)
  8. Learning from founders that Karan has invested in and worked with (40:56)
  9. Advice to a younger self (45:49)

. . .

Social links:

Interface Ventures on LinkedIn: https://www.linkedin.com/company/interfaceven/

Podcast on Twitter: https://twitter.com/thedesi_vc

Akash Bhat on Twitter: https://twitter.com/bhatvakash

Podcast on Instagram: https://instagram.com/thedesivc

Akash Bhat on Instagram: https://instagram.com/bhatvakash

E114: Yohei Nakajima (General Partner, Untapped Capital)14 May 202300:53:46

Yohei Nakajima is the General Partner at Untapped Capital, a pre-seed and seed-stage focused fund investing in under-represented founders in the US. At Untapped Capital, the sweet spot is investing $100k-$250k checks into startups based raising at $3-7m in valuation.

Yohei has been supporting early-stage startups for 15 years, originally starting on the community side organizing events and educational courses for founders out of coworking spaces. He has spent the last 7 on the investing side, initially at Techstars where he helped spin up the Disney Accelerator alongside The Walt Disney Company, followed by his role as Director of Pipeline, supporting all 30+ Techstars accelerator programs in recruiting the best startups worldwide. Prior to Untapped, he was at Scrum Ventures, where he led the development of Scrum Studio, designing, leading, and overseeing our partner programs with Nintendo, Dentsu, Panasonic.

. . .

Episode Notes:

  1. Intro (2:38)
  2. Why venture? (3:52)
  3. Thesis origin and resonance with founders (8:04)
  4. Yohei's builder persona and its influence on his investor persona (16:03)
  5. Sourcing through outbound (23:40)
  6. Non-negotiables as an investor (28:40)
  7. Knowledge sharing as a fund manager (33:34)
  8. Future of Untapped Capital (35:15)
  9. LP's learnings from Yohei (36:26)
  10. Advice for emerging fund managers (39:26)
  11. Fundraising surprises as a fund manager (42:05)
  12. Learnings from portfolio founders in early stages (44:52)
  13. Yohei's decision-making process and framework (48:48)
  14. Advice for his younger self (50:30)

. . .

Social Links:

Untapped Capital on Twitter: https://twitter.com/UntappedVC

Yohei on Twitter: https://twitter.com/yoheinakajima

Podcast on Twitter: https://twitter.com/thedesi_vc

Akash Bhat on Twitter: https://twitter.com/bhatvakash

Podcast on Instagram: https://instagram.com/thedesivc

Akash Bhat on Instagram: https://instagram.com/bhatvakash

E113: Prateek Agarwal (Investments Lead, First Cheque)30 Apr 202301:10:48

Prateek Agarwal is the Investment lead at First Cheque, a micro VC fund based out of Bangalore that invests $100K in pre-seed startups in India. Prior to this role, Prateek worked with the India Business Head at Dr. Reddy's where he was responsible for tracking business metrics, identifying areas of improvement, and leading strategic projects.

His background as both a consultant and operator at firms like Dr. Reddy's and EY has allowed him to develop skills in strategic planning, project management, and data analysis across multiple industries. Prateek's ability to shift between the big picture and details has also been strengthened through his diverse experiences.

First Cheque was originally conceived by India Quotient but is now an independent firm with its own brand. During its first fund, First Cheque worked with more than 20 venture partners and added over 100 startups to its portfolio, which includes well-known ventures such as Fashinza, Giva, Rocketlane, Fleetx, Wint Wealth, Plaza/Rigi, Global Fair, Drink Prime, and Bellatrix Aerospace.

E112: Nitin Jain (Co-founder & CBO, OfBusiness)28 Apr 202300:50:27

Nitin Jain is a well-known name in the Indian startup ecosystem as the co-founder and Chief Business Officer of OfBusiness, a tech-enabled platform that provides raw material procurement and credit solutions to small and medium enterprises (SMEs) in India. With a strong background in structured solutions trading, Nitin has played a key role in OfBusiness' success, helping the company raise over $875M from top investors like Tiger Global, SoftBank Vision Fund, and Matrix Partners, among others. Today, OfBusiness is valued at around $5B and has become a leading player in the Indian SME ecosystem. Nitin Jain is an alumnus of the prestigious Indian Institute of Technology, Delhi, and has had a successful career prior to his entrepreneurial journey.

Episode Notes:

  1. Nitin Jain discusses his journey into entrepreneurship (2:10)
  2. Discovering Co-Founders and Creating the OfBusiness Idea (3:55)
  3. Nitin Jain shares his perspective on what's more critical: the team or the idea (6:30)
  4. The Early Days of OfBusiness: A Look Back at the "Aha Moment" (9:15)
  5. Coping with the Struggles and Insecurities of Being a Founder (12:30)
  6. Understanding the Composition of Winning Founding Teams (16:30)
  7. Nitin Jain's Unique Leadership Style and Approach (23:10)
  8. Fostering a People-First Culture at OfBusiness (27:10)
  9. Developing a Strong Company Culture as Companies Grow (29:18)
  10. How to Maximize the Benefits of Your Investors (32:22)
  11. Overcoming the Toughest Days as a Founder (39:20)
  12. Nitin Jain's Biggest Lesson as an Entrepreneur (41:57)
  13. Advice to His Younger Self: What Nitin Jain Would Have Done Differently (46:03)

. . .

Social Links:

OfBusiness on Twitter: https://twitter.com/ofbusiness_com

Abhishek Goyal on Twitter: https://twitter.com/njain351

Podcast on Twitter: https://twitter.com/thedesi_vc

Akash Bhat on Twitter: https://twitter.com/bhatvakash

Podcast on Instagram: https://instagram.com/thedesivc

Akash Bhat on Instagram: https://instagram.com/bhatvakash

E111: Beerud Sheth (Co-founder & CEO, Gupshup)16 Apr 202300:56:32

Beerud Sheth is the co-founder and CEO of Gupshup, the world's leading platform for cloud messaging and conversational experiences. It is used by over 30K+ developers and handles over 4.5 billion messages per month. The company has raised more than $480M from marquee investors such as Helion Venture Partners, Tiger Global, CRV, White Oak among many others.

He was previously the co-founder of Elance (now Upwork), the world's largest online services marketplace, which went public in 2018. Prior to founding Elance, he worked in the financial services industry – modeling, structuring, and trading fixed income securities and derivatives at Merrill Lynch and before that at Citicorp Securities. His graduate research, at the Massachusetts Institute of Technology’s Media Lab, involved developing autonomous learning software agents for personalized news filtering.

Beerud earned an M.S. in computer science from Massachusetts Institute of Technology & a B.Tech in Computer Science from IIT Bombay.

Episode Notes:

  1. What made Beerud an entrepreneur? (3:48)
  2. A Retrospective on the entrepreneurial journey (13:13)
  3. Unpacking the drive of serial entrepreneurs (20:15)
  4. The evolution of Beerud's entrepreneurial career (23:23)
  5. Navigating the pressures of entrepreneurship (28:30)
  6. Insights and guidance for first-time founders (32:40)
  7. The distinctive traits of exceptional founders (40:52)
  8. The founder's role in business pivots (43:50)
  9. Words of wisdom for his younger self (51:11)

. . .

Social Links:

Gupshup on Twitter: https://twitter.com/Gupshup

Beerud Sheth on Twitter: https://twitter.com/beerud

Podcast on Twitter: https://twitter.com/thedesi_vc

Akash Bhat on Twitter: https://twitter.com/bhatvakash

Podcast on Instagram: https://instagram.com/thedesivc

Akash Bhat on Instagram: https://instagram.com/bhatvakash

E110: Abhishek Goyal (Co-founder, Tracxn)06 Apr 202301:01:25

Abhishek Goyal is the Co-founder, Vice Chairman, and Executive Director of Tracxn, a leading research firm that provides market intelligence data on private companies. Since its founding in 2012, Tracxn has secured funding from top investors like 3one4 Capital, Elevation Capital, Prime Venture Partners, and angel investors including Sachin and Binny Bansal, and has grown to become a highly profitable business.

After much success, Tracxn debuted on the NSE in October 2022, becoming one of the few venture-backed startups to go public. Abhishek's strategic leadership and unwavering commitment to excellence have been vital in the growth and success of the company.

Before Tracxn, Abhishek gained experience working with esteemed organizations such as Amazon Development Centre (India) Private Limited, Yahoo Software Development India Private Limited, and Accel. He also served as a consultant with 3i Infotech Limited and Erasmic Consulting Private Limited.

Abhishek has been recognised as part of the '40 under 40' list by Fortune India in both 2018 and 2019, highlighting his success as a young entrepreneur. He holds a bachelor's degree in technology with a specialization in computer science and engineering from the prestigious Indian Institute of Technology, Kanpur.

Episode Notes:

1. What was it like before and after Tracxn's IPO? (3:38)

2. Why did Tracxn's founders choose to go public instead of selling the company? (6:10)

3. How has Abhishek's leadership role changed since the IPO? (7:30)

4. How did Tracxn's investors learn about the IPO process, and what was their reaction? (15:53)

5. What's the best analogy for a company going public? (20:20)

6. Why did Abhishek choose to become an entrepreneur? (22:30)

7. What was Tracxn's first milestone? (26:00)

8. Would Abhishek do things differently if he had to build Tracxn again? (30:30)

9. What were some of the toughest days as a founder? (33:33)

10. What is Abhishek's superpower as an angel investor? (38:18)

11. What's the biggest lesson Abhishek has learned over his career? (44:23)

12. Abhishek tips on leadership and management (47:15)

13. What advice would Abhishek give his younger self? (57:00)

. . .

Social Links:

Tracxn on Twitter: https://twitter.com/Tracxn

Abhishek Goyal on Twitter: https://twitter.com/AbhishekTracxn

Podcast on Twitter: https://twitter.com/thedesi_vc

Akash Bhat on Twitter: https://twitter.com/bhatvakash

Podcast on Instagram: https://instagram.com/thedesivc

Akash Bhat on Instagram: https://instagram.com/bhatvakash

E109: Sanam Rawal (Partner, Metamorph)03 Apr 202301:04:17

Sanam Rawal is the Founder and Partner at Metamorph (previously known as Passion Connect), a Blume Ventures-incubated human resource advisory platform that helps startups grow with talent acquisition, talent branding, acquisitions, research, learning and development and more. With offices in Mumbai, Delhi, Bangalore, and Pune, Metamorph has assisted in the hiring of more than 800 candidates, including CEOs and senior vice presidents for well-known startups such as Unacademy, Slice, HealthifyMe, Dunzo, Cashify, Purplle, and many more.

Episode Notes:

1. How did Sanam become involved in the world of venture capital? (3:45)

2. Sanam's perspective on working within the Blume ecosystem (15:25)

3. A glimpse into the early days at Metamorph (18:36)

4. How does talent matching occur at the portfolio level? (26:08)

5. What makes founders choose to work with Metamorph despite having their own HR teams? (30:10)

6. The role of HR firms in M&A processes (35:04)

7. Overcoming challenges when working with portfolio startups (42:57)

8. Metamorph's strategy for hiring the best employees to support startup growth (48:45)

9. Addressing the reverse brain drain phenomenon (51:50)

10. Key takeaways from building and developing Metamorph (54:06)

11. Sanam's proudest achievement during her time at Metamorph (1:00:33)

. . .

Social Links:

Sanam Rawal on Twitter: https://twitter.com/Sanam_Speaks

Podcast on Twitter: https://twitter.com/thedesi_vc

Akash Bhat on Twitter: https://twitter.com/bhatvakash

Podcast on Instagram: https://instagram.com/thedesivc

Akash Bhat on Instagram: https://instagram.com/bhatvakash

E108: Jen Abel (Co-founder, JJELLYFISH)31 Mar 202301:02:44

Jen Abel is the accomplished Co-Founder of JJELLYFISH, a Boston-based firm renowned for its pioneering approach in assisting B2B startups to achieve early-stage sales proficiency and success in the United States, as well as the UK and Australia markets. With over six years of experience in the industry, JJELLYFISH has empowered over 200 B2B/enterprise startups to validate their sales process and go-to-market strategy, demonstrating a commitment to delivering exceptional results.

The firm's highly skilled team has a proven track record of generating impressive revenue and driving substantial outcomes for companies headquartered in Asia, Europe, Australia, and North America. JJELLYFISH's range of services caters to diverse needs, including acquiring first-time US customers, defining US go-to-market strategies, or transitioning from the SMB market to mid-market/enterprise levels. The firm's expertise in these areas is unparalleled, and they have demonstrated a remarkable capacity to navigate and succeed in complex markets.

Episode Notes:

1. The inspiration behind co-founding JJELLYFISH (2:52)

2. The evolution of the sales process in the US over the years(8:27)

3. The benefits of founder-led sales for startups (15:20)

4. The right time to invest in sales teams (23:15)

5. Jen's definition of PMF (33:55)

6. Common pitfalls Indian founders face while selling in the US (45:34)

7. Tips for improving sales skills for founders (50:47)

8. Advice for founders entering US markets (57:37)

. . .

Social Links:

JJELLYFISH on Twitter: https://twitter.com/jjellyfish_co

Jen Abel on Twitter: https://twitter.com/jjen_abel

Podcast on Twitter: https://twitter.com/thedesi_vc

Akash Bhat on Twitter: https://twitter.com/bhatvakash

Podcast on Instagram: https://instagram.com/thedesivc

Akash Bhat on Instagram: https://instagram.com/bhatvakash

E107: Rahul Chowdhury (Managing Partner, N+1 Capital)20 Mar 202301:28:01

Rahul Chowdhury is the Managing Partner at N+1 Capital, India’s first revenue based debt fund. He brings 18+ years of intensive entrepreneurial and operating experience. He is a two-time founder, having founded and sold DenuoSource, a Chicago-based data analytics firm, in 2011. He later founded Reboot, India's first refurbished IT asset lifecycle management firm.

How does revenue-based-financing (RBF) work?

N+1 will provide startups access to capital, at a premium, without taking any equity share or collateral from the company. Further, it collects a percentage of the borrowing entity’s monthly revenues to pay the capital back, and gives steady returns to its limited partners on a quarterly basis. Unlike venture debt firms, N+1 isn’t dependent on future fund-raise of the startup, but will invest on the basis of its revenue outlook.

Episode Notes:

1. What motivated Rahul to pursue a career as a venture capitalist? (3:38)

2. The impact of Rahul's operator journey on his venture capital journey (6:02)

3. With whom does Rahul do business? (12:50)

4. Key characteristics of successful entrepreneurs (15:41)

5. Rahul’s decision making process (23:10)

6. How important are metrics and numbers in investment decision making? (35:40)

7. How does Rahul view black swan events and their impact on predicting the trajectory of startups seeking revenue-based financing? (38:18)

8. Evaluating businesses of varying sizes with respect to revenue based financing (45:31)

9. How significant is TAM to a revenue-based-financing investor? (55:20)

10. Challenges of revenue based financing in India (58:38)

11. Why VCs like to collaborate with a revenue-based-financing firm? (1:04:20)

12. What were the LPs' concerns about a revenue-based-financing firm? (1:09:51)

13. Personality-Fund-Fit for a fund manager (1:15:35)

14. Things about India that continue to surprise Rahul (1:21:28)

. . .

Social Links:

N+1 Capital on Twitter: https://twitter.com/np1capital

Podcast on Twitter: https://twitter.com/thedesi_vc

Akash Bhat on Twitter: https://twitter.com/bhatvakash

Podcast on Instagram: https://instagram.com/thedesivc

Akash Bhat on Instagram: https://instagram.com/bhatvakash

E106: Tarun Sharma (Managing Partner, MegaDelta Capital)07 Mar 202301:01:01

Tarun Sharma is Managing Partner at MegaDelta Capital Advisors, a sub-advisor to Millenna Capital, a Mauritius based investment fund as well as an investment manager of MegaDelta Capital Fund I, a SEBI registered Category II Alternate Investment Fund. The fund has invested in companies such as GOQii, Nova, IDfy, Naaptol, Firstcry, MoneyTap etc. and others.

MegaDelta typically invest $15-25M across sectors of such as Healthcare, Enterprise technology and Engineering Services.

Tarun has more than 18 years of work experience, including 16 years in principal investing and investment advisory in India and around the world. He currently serves on the boards of GreytHR Software, Intelligence Node, Panacea Medical Technologies, and Air Works Engineering, as well as Nova Fertility and FirstCry.com as a Board Observer.

Tarun formed the core investment advisory team for NEA India prior to joining MegaDelta Capital, leading investments in consumer, healthcare, and technology companies. And before that, he worked for Peepul Capital Private Equity, where he was involved in transaction structuring and execution, as well as actively managing portfolio companies in the consumer and media sectors. He began his career at Goldman Sachs International in London, first with the Equity Derivatives team and then with the Global Macro Proprietary trading team, where he developed a strong understanding of macro themes and translated them into investible opportunities.

Tarun received an MBA from the Indian Institute of Management (IIM) Ahmedabad, India and earned his B.Tech. degree in Mechanical Engineering from the Indian Institute of Technology (IIT) at Delhi, India.

Episode Notes:

1. Intro (2:45)

2. Tarun’s journey into venture capital (4:12)

3. The evolution of the Indian venture capital landscape over the last 15 years (12:05)

4. How has Tarun evolved as an investor over the years? (16:20)

5. The role of a successful fund manager (21:35)

6. Takeaways from investing and collaborating with portfolio founders (case in point: Firstcry.com) (31:02)

7. Healthcare in India: Why haven't venture capitalists done more in this sector? (43:21)

8. Where is the real opportunity in healthcare in the next 4-5 years? (48:13)

9. Advice Tarun would give himself (55:20)

. . .

Social Links:

Podcast on Twitter: https://twitter.com/thedesi_vc

Akash Bhat on Twitter: https://twitter.com/bhatvakash

Podcast on Instagram: https://instagram.com/thedesivc

Akash Bhat on Instagram: https://instagram.com/bhatvakash

E105: Kanika Mayar (Partner, Vertex Ventures - SEA&I)24 Feb 202300:56:16

Kanika Mayar is a Partner at Vertex Ventures SEA & India (VVSEAI), a fund part of the global Vertex Ventures network of funds, with portfolio companies such as Licious, FirstCry, Nium, Binance, Grab, Yatra, and Happy Fresh. In addition to Southeast Asia and India, the Vertex Global Network is comprised of affiliates in Silicon Valley, China and Israel.

Kanika joined Vertex Ventures in 2020 and focuses on opportunities in India in agritech, B2B, consumer, and health tech. Kanika has worked in private equity, asset management, and investment banking for over 9 years.

Prior to joining Vertex, Kanika was an Investment Officer with the International Finance Corporation (IFC) where she focused on investing in early-stage technology, telecom, renewable energy and infrastructure companies across India and South Asia. Before IFC, Kanika was with Goldman Sachs’s Investment Banking team covering transactions in natural resources in Europe.

Kanika holds a Bachelor in Economics from the Lady Shri Ram College, Delhi University and an MBA from the Indian Institute of Management, Ahmedabad.

Episode Notes:

1. Intro (1:30)

2. Kanika's professional trajectory (2:42)

3. A general overview of the VC industry in recent years (7:00)

4. India's macro trends (14:22)

5. Kanika's India thesis (21:23)

6. Portfolio startup learnings (31:51)

7. Establishing long-term relationships with founders (41:20)

8. Advice to anyone entering venture capital (51:30)

. . .

Social Links:

Vertex Ventures on Twitter: https://twitter.com/VertexVentures

Kanika Mayar on Twitter: https://twitter.com/KanikaMayar

Podcast on Twitter: https://twitter.com/thedesi_vc

Akash Bhat on Twitter: https://twitter.com/bhatvakash

Podcast on Instagram: https://instagram.com/thedesivc

Akash Bhat on Instagram: https://instagram.com/bhatvakash

E104: Aprameya Radhakrishna (Co-founder & CEO, Koo)19 Feb 202300:55:15

Aprameya Radhakrishna is a serial entrepreneur and the co-founder and CEO of Koo, an Indian microblogging and social networking app also known as the Indian Twitter. The company has raised a little over $50M from marquee investors such as Accel, Kalaari Capital, Blume Ventures, 3one4 Capital, Tiger Global among many others.

He founded his first venture, TaxiForSure with Raghunandan, which was acquired by OLA in 2015 for $200 million. In 2017, Aprameya launched his second venture, ‘Vokal,’ a user-generated content platform in Indian languages, with partner Mayank Bidawatka. After that, he realised that content in regional Indian languages was sparse, as most social media platforms carry an English-first approach and are built primarily for English speakers residing in urban centres. This gave him the idea of developing a multi-lingual micro-blogging platform for Indians, Koo, to communicate and connect with their linguistic and cultural communities.

In July 2020, he won the Prime Minister’s Aatmanirbhar Bharat App Innovation Challenge.

Episode Notes:

1. Intro (2:20)

2. Reflections on free expression in the context of microblogging and social media (3:50)

3. Growing Koo within different sections of the Indian populations (8:55)

4. How did the idea for Koo come about, and what factors aided the company's growth? (12:50)

5. Learning from building TaxiForSure that translates to building Koo (17:10)

6. The initial set of milestones that established the Koo brand (20:04)

7. Expansion during the pandemic (23:48)

8. Lessons from India's growth that will help Koo expand to the United States (26:47)

9. Creating richer community experiences (29:40)

10. Taking on Twitter (33:52)

11. Scaling values as businesses grow (37:44)

12. Creating a brand with a purpose (41:38)

13. How do investors perceive Koo’s growth in the coming years? (47:37)

14. Lessons learned as a serial entrepreneur in India (50:18)

. . .

Social Links:

Koo on Twitter: https://twitter.com/kooindia

Aprameya Radhakrishna on Twitter: https://twitter.com/aprameya

Podcast on Twitter: https://twitter.com/thedesi_vc

Akash Bhat on Twitter: https://twitter.com/bhatvakash

E103: Shyam Menon (Founding Partner, Bharat Innovation Fund)14 Feb 202301:17:49

Shyam Menon is the founding partner of Bharat Innovation Fund (BII), an India-based early-stage venture capital fund that invests in IP-driven deep tech, healthcare, agritech, fintech, mobility, logistics, enterprise and renewables startups. The fund has invested in Fire Compass, CreditVidya, Shifu, Detect Technologies, among many others. He has worked in the technology industry for over 25 years.

Prior to launching BII, Shyam co-founder Infuse Ventures, India’s first clean tech focussed early-stage venture capital fund backed by BP, IFC, MNRE, SIDBI and other prominent LPs, and spent several years abroad working across global institutions such as the World Bank, Lawrence Berkeley National Laboratory, Conduit Ventures, Fuel Cell Energy, and Acumentrics Corp.

Shyam graduated with honors from Visvesvaraya National Institute of Technology with a Bachelor's degree in Metallurgical Engineering and Missouri University of Science and Technology with a Master's degree in Material Sciences. Despite beginning his Ph.D. at UC Davis, he decided to discontinue it and pursue a career in the impact space.

Episode Notes:

1. Intro (2:20)

2. The origin story of Bharat Innovation Fund (3:00)

3. Why did Shyam decide to bet on the Indian startup story in 2007/08? (37:47)

4. Backing dreamers and disruptors (44:30)

5. How has Shyam evolved as a fund manager (1:02:30)

. . .

Social Links:

BII on Twitter: https://twitter.com/bharat_fund

Podcast on Twitter: https://twitter.com/thedesi_vc

Akash Bhat on Twitter: https://twitter.com/bhatvakash

Podcast on Instagram: https://instagram.com/thedesivc

Akash Bhat on Instagram: https://instagram.com/bhatvakash

E102: Tushar Vashisht (CEO, HealthifyMe)05 Feb 202300:51:37

Tushar Vashisht is the Co-founder and CEO of HealthifyMe, a digital health and wellness company that provides smart meal plans personalized by expert nutritionists and customized workout plans with certified fitness coaches. The company has raised just over $100M from Khosla Ventures, Chiratae Ventures, Athera Venture Partners, Blume Ventures among several others.

Vashisht began his career on Wall Street at BlackRock. He later joined Deutsche Bank as a corporate finance analyst in San Francisco before moving to Singapore. In 2009, he joined the Aadhaar project headed by Nandan Nilekani, and in 2012 he co-founded HealthifyMe with Mathew Cherian and Sachin Shenoy.

Episode Notes:

1. Introduction (2:50)

2. What led Tushar to found HealthifyMe (4:05)

3. How did Tushar and his team validate their HealhtifyMe thesis? (8:40)

4. How do you find early adopters and solicit feedback as founders? (13:48)

5. How does the life of a founder change when they raise capital (22:05)

6. The pandemic's impact on HealthifyMe as a company (28:55)

7. Which is more difficult: building in the early stages or empowering leaders within an organization? (36:47)

8. Tushar’s frameworks for decision making (39:55)

9. Tushar's advice to his younger self (44:52)

. . .

Bonus: Ud ja Re by Tushar Vashisht

. . .

Social Links:

HealthifyMe on Twitter: https://twitter.com/HealthifyMe

Tushar Vashisht on Twitter: https://twitter.com/tusharvashisht

Podcast on Twitter: https://twitter.com/thedesi_vc

Akash Bhat on Twitter: https://twitter.com/bhatvakash

Podcast on Instagram: https://instagram.com/thedesivc

Akash Bhat on Instagram: https://instagram.com/bhatvakash

E101: Upasana Taku (Co-founder & COO, MobiKwik)30 Jan 202300:57:41

Upasana Taku is the Co-founder, COO and Chairperson of MobiKwik, a financial services company that provides a fintech platform designed for online payments (incl. BNPL), life insurance, and loans. The company has raised $178M from marquee investors such as Sequoia, Abu Dhabi Investment Authority, Blacksoil, AmEx Ventures, Orios Venture Partners, Cisco Investments among many others. Upasana built the company from scratch and now has 32 million users and 100,000 merchants, doing close to 500,000-1,000,000 transactions every day.

Episode Notes:

1. What inspired Upasana to found Mobikwik (4:23)

2. How does one validate an idea or a business in its early stages? (10:30)

3. The evolution of the CEO's role (23:08)

4. The vision for MobiKwik (30:53)

5. Thoughts on monetizing UPI (41:55)

6. Differentiating consumer and fintech products, companies, and offerings (45:50)

7. What advice would Upasana give herself if she had to start over? (51:10)

. . .

Social Links:

MobiKwik on Twitter: https://twitter.com/MobiKwik

Upasana Taku on Twitter: https://twitter.com/UpasanaTaku

Podcast on Twitter: https://twitter.com/thedesi_vc

Akash Bhat on Twitter: https://twitter.com/bhatvakash

Podcast on Instagram: https://instagram.com/thedesivc

Akash Bhat on Instagram: https://instagram.com/bhatvakash

E100: Bipin Shah (Partner, Titan Capital)23 Jan 202301:07:37

Bipin Shah is the Partner at Titan Capital, an early-stage sector agnostic micro VC fund based in India. The fund has an incredible portfolio of over 250 startups in India and the US across consumer internet, D2C, SaaS, AI, Web3, and other sectors, including investments in Ola, UrbanCompany, Mamaearth, Oziva, Dealshare, Razorpay, Ofbusiness, Yellow Messenger, Beardo, and Giva, among many others.

He was a founding team member of Lead Angels Network, a seed-stage investment platform, before joining Titan Capital in 2015. He graduated from IIT Bombay in 2013, where he was a member of the E-Cell team for five years and led it in his final year.

Episode Notes:

1. Bipin spoke about his "gardening approach" and how it is helping entrepreneurs

2. Bipin discussed Titan's investment growth and reaching unicorn status

3. How Titan's 40% of portfolios raised Series A in less than two years of investment

4. How did Bipin begin his Titan journey with Kunal and Rohit?

5. Titan Capital Fundamentals: 3 Key Ingredients for Investments

6. Early investment experience and developing the investment philosophy for Titan

7. Short stories on investments in companies such as Beardo, Fynd, Superdaily, Mamaearth, Credgenics & others

8. Bipin's Titan journey learnings and methods for assisting founders in improving their unit economics

9. The most important piece of advice from Bipin on investing in startups

10. Insights into other sectors in which Titan invests

Social Links:

Titan Capital on Twitter: https://twitter.com/TitanCapitalVC

Bipin Shah on Twitter: https://twitter.com/bipin_28

Podcast on Twitter: https://twitter.com/thedesi_vc

Akash Bhat on Twitter: https://twitter.com/bhatvakash

Podcast on Instagram: https://instagram.com/thedesivc

Akash Bhat on Instagram: https://instagram.com/bhatvakash

E99: Yash Jain (Founder & General Partner, Sparrow Capital)16 Jan 202301:17:04

Yash Jain is the Founder and General Partner at Sparrow Capital, an early-stage micro VC fund that invests upto $500K in SaaS, B2B, Fintech, and Consumer Internet sectors in India with investments in companies such as Mailmodo, Qoohoo, Bimaplan, GoKwik, Superfone among others. Prior to Sparrow, Yash had two stints with large VC funds in India – Kalaari Capital and Arkam Ventures, and also worked at Flipkart as an analyst.

Episode notes:

1. Why venture as a career path? (2:20)

2. The difficulties of launching a new fund as a millennial (10:48)

3. Nuances and learnings from investing in India (16:07)

4. What founders in India can do better (36:00)

5. What can Indian VC improve on doing better (44:45)

6. Lessons learned from Yash's time in the US and the future plan for Sparrow (54:32)

7. Advice for young fund managers (1:02:46)

. . .

Social Links:

Sparrow Capital on Twitter: https://twitter.com/sparrowcapvc

Yash Jain on Twitter: https://twitter.com/yash_sparrow

Podcast on Twitter: https://twitter.com/thedesi_vc

Akash Bhat on Twitter: https://twitter.com/bhatvakash

Podcast on Instagram: https://instagram.com/thedesivc

Akash Bhat on Instagram: https://instagram.com/bhatvakash

E98: Milap Jadeja (Managing Partner, Openbook VC)09 Jan 202301:10:03

Milap Jadeja is the Managing Partner of Openbook VC. He is a senior management and strategy professional with over 20 years of experience in building multiple businesses in sectors such as Pharmaceuticals, Agriculture and Non-ferrous castings. Milap brings with him a proven track record in investment leadership being An established angel investor with over 50+ angel investments in startups including unicorns and soonicorns. He has also led multiple fundraising efforts for startups as a syndicate head. A seasoned investor, he is an LP at multiple funds such as Better Capital, Cloud Capital and Prophetic Ventures.

Episode notes:

1. Comparisons of two art forms: photography and investing (3:42)

2. A look back at investments and founders (22:50)

3. What has Milap learned about investing and specifically that in India? (30:16)

4. Takeaways from working with founders (45:10)

5. How has Milap evolved as a person? (58:25)

. . .

Social Links:

Openbook VC on Twitter: https://twitter.com/OpenbookVC

Podcast on Twitter: https://twitter.com/thedesi_vc

Akash Bhat on Twitter: https://twitter.com/bhatvakash

Podcast on Instagram: https://instagram.com/thedesivc

Akash Bhat on Instagram: https://instagram.com/bhatvakash

E97: Shalini Chhabra (Managing Partner, 3i Partners)04 Jan 202301:26:36

Shalini Chhabra is the Managing Partner at 3i (Impact India Investments) Partners, a Silicon Valley-based Impact Fund with the objective of supporting enterprises looking to solve some of the most pressing challenges faced by India's lower-income millions.

She is a seasoned Banker with over two decades of experience in Credit Risk Management. She has managed diverse portfolios including Large Corporate, Inter-bank, SME, Financial Institutions including Mutual Funds and Insurance, Government / PSUs, and Structured Finance including Supply Chain Financing, Factoring, Securitisation, Inter-bank Participation etc. She has also managed Risk Policy and processes, Basel Implementation and Development of Risk models for PD estimation for HDFC Bank.

She is huge proponent of gender equality, and currently mentors young students with AFH (“Aspire for Her”), hoping to bring about the change in perspective and reduce, if not eliminate the various self-limiting reasons for success by Women.

Prior to becoming a VC, Shalini was also an experienced angel in the impact space, primarily looking at livelihoods creation at the Bottom of the Pyramid.

Episode notes:

1. Career in banking (3:34)

2. Learning from the banking sector that Shalini has carried over to VC (6:25)

3. Framework for risk appetite (18:05)

4. What has Shalini learned about herself as a result of her work in banking and venture capital? (28:42)

5. Shalini discusses what it takes to be a fund manager and success frameworks for operators (44:50)

6. Shalini's professional career (58:50)

7. Shalini's views on investing in personas (1:05:24)

. . .

Social Links:

3i Partners on Linkedin: https://www.linkedin.com/company/3i-partners-india/

Podcast on Twitter: https://twitter.com/thedesi_vc

Akash Bhat on Twitter: https://twitter.com/bhatvakash

Podcast on Instagram: https://instagram.com/thedesivc

Akash Bhat on Instagram: https://instagram.com/bhatvakash

E96: Mohit Gulati (Managing Partner & CIO, ITI Growth Opportunities Fund)23 Dec 202201:14:36

Mohit Gulati is the Managing Partner & CIO at The Investment Trust of India (ITI) Growth Opportunities Fund, one of the largest financial services conglomerate offering a range of products and services from Lending, Equities and Derivatives trading, Equity Research, Commodities Trading, Portfolio Management Services, Distribution of Mutual Funds, IPO & Insurance products and Investment Banking Services.

Mohit bring over 10 years of experience in the Investment & Fund Management space, and led first round deals across ECOM Express, Grab.in, LocalBanya, TarusaWorld, WigzoTech, HumourMe and over a dozen early-stage startups. 

Prior to ITI, he founded Altius Ventures, which invested in sectors like ecommerce, fintech, enterprise software (SaaS), and internet of things (IoT).

Episode notes:

1. Mohit’s career in a nutshell (4:26)

2. Life in Indian venture (26:04)

3. Thesis on investing and philosophy for investments (46:35)

4. What does Mohit love about venture and his job today? (53:40)

5. Advice to younger self (1:05:50)

. . .

Social Links:

ITI on Twitter: https://twitter.com/ITIFund

Mohit Gulati on Twitter: https://twitter.com/mohitmgulati

Podcast on Twitter: https://twitter.com/thedesi_vc

Akash Bhat on Twitter: https://twitter.com/bhatvakash

Podcast on Instagram: https://instagram.com/thedesivc

Akash Bhat on Instagram: https://instagram.com/bhatvakash

E95: Abhishek Nag (Partner, Lightspeed India Partners)13 Nov 202201:01:27

Abhishek Nag is a Partner at Lightspeed India where he primarily focuses on investing in consumer internet companies, media & entertainment, the creator economy, and gaming. He brings extensive experience driving strategic partnerships, business development, and corporate development for internet companies in the domains of growth, content and payments, among other areas. Previously he held operator roles at hyper-growth companies including Meta (Facebook), Hike, Uber, and most recently, Netflix.

He’s been an active angel investor since 2016, investing in over 45 startups with several first round investments turned unicorns.

When he’s not busy working with startups, Abhishek publishes a newsletter in which he writes about building, scaling, and investing in technology businesses in India.

Episode notes: 

1. State of Indian venture capital in the context of today’s macroeconomic climate (3:52)

2. Fundings, valuations and funding winter: When will the market correct itself? (13:50)

3. What can Indian investors learn from the past and how can we become better investors in the future? (20:40)

4. What made Abhishek switch to VC? (25:55)

5. What has Abhishek learned from his angel investing experience that he now applies as a VC? (34:11)

6. Advice for angel investors (39:05)

7. A playbook for determining GTM and new market expansion (43:03)

8. Advantages of having feet on street (52:26)

9. Building products for different markets (56:15)

. . .

Social Links:

Lightspeed on Twitter: https://twitter.com/lightspeedvp

Abhishek Nag on Twitter: https://twitter.com/abhisheknag

Podcast on Twitter: https://twitter.com/thedesi_vc

Akash Bhat on Twitter: https://twitter.com/bhatvakash

Podcast on Instagram: https://instagram.com/thedesivc

Akash Bhat on Instagram: https://instagram.com/bhatvakash

E94: Rahul Chowdhri (Managing Partner, Stellaris Venture Partners)07 Nov 202201:00:24

Rahul Chowdhri is the Managing Partner at Stellaris Venture Partners, an early-stage tech-focused venture capital firm based in Bangalore with investments in companies such as Mamaearth, MFine, Whatfix, Vogo, among many others. 

Rahul is an industry veteran, having been in Indian venture for over 15 years. He started his investing career at Helion where he was a Partner and led investments in companies such as BigBasket, Simplilearn and Livspace. At Stellaris, he focuses on B2B & B2C Commerce, Consumer Brands, Content/Social, Agri-Tech, Recruitment and Gaming.

Prior to getting into venture, Rahul had stints in product management and consulting roles at Microsoft, MarketRx, i2 Technologies, and BCG. He holds a B. Tech degree in Electrical Engineering from IIT Kanpur and an MBA from IIM Calcutta.

Episode notes:

1. Current market sentiment and the state of the industry (3:03)

2. What have Stellaris' top-performing companies and founders done really well in the last few years? (7:25)

3. How does Rahul view investments, both cash-efficient and capital-intensive? (13:45)

4. The evolution of Indian investors' risk appetite (18:30)

5. What attracts investors to founders in both bear and bull markets, and what characteristics do they share? 23:26)

6. How does Stellaris view market corrections in today's context? (28:26)

7. What do the best operators do to take their businesses to the next level? (32:45)

8. How far into the future do funds look when developing their investment thesis? (37:15)

9. Fund culture, metrics, and metrics (41:07)

10. What has Rahul learned about himself as a fund manager over the course of his investing career? (45:48)

11. What is Rahul's decision-making framework? (50:10)

. . .

Social Links:

Stellaris VP on Twitter: https://twitter.com/Stellaris_VP

Rahul Chowdhari on Twitter: https://twitter.com/rchowdhri

Podcast on Twitter: https://twitter.com/thedesi_vc

Akash Bhat on Twitter: https://twitter.com/bhatvakash

Podcast on Instagram: https://instagram.com/thedesivc

Akash Bhat on Instagram: https://instagram.com/bhatvakash

© My Podcast Data · Independent project · Data from Apple & Spotify