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I know what you're thinking. Didn't the First Principles podcast draw its curtains? Yes we did.But then we decided to do a final super-splice of every single episode we did. There were 41 founders. A bit too many for a single supercut episode, don't you think?So, here's the first 20.We went through all the episodes and picked a few minutes from each that we felt captured the essence of the specific founder and their approach to entrepreneurship, leadership, and well, life.You'll listen to Kabeer Biswas, co-founder and CEO of Dunzo; Baskar Subramamian, co-founder and CEO of Amagi; Nithin Kamath, co-founder and CEO of Zerodha; Naveen Tewari, founder and CEO at InMobi; Ananth Narayanan, founder and CEO of Mensa Brands; Harshil Mathur, co-founder and CEO of Razorpay; Vineeta Singh, co-founder and CEO of Sugar Cosmetics; Amrish Rau, CEO of Pine Labs; Amit Agarwal, co-founder and CEO of NoBroker; Tarun Mehta, co-founder and CEO of Ather Energy; Deep Kalra, founder and chairman of MakeMyTrip; Ruchi Kalra, co-founder and CEO of Oxyzo; Kamal Sagar, co-founder and CEO of Total Environment; Srikanth Iyer, co-founder and CEO of Homelane; Shan Kadavil, founder and CEO of Fresh to Home; Kunal Shah, founder and CEO of CRED; Srikanth Velamakanni, co-founder and CEO of Fractal; Ronnie Screwvala, co-founder and chairperson of UpGrad; Gaurav Munjal, co-founder and CEO of Unacademy; and Smita Deorah, co-founder and co-CEO of LEAD.Even if you've listened to many of these episodes, I think you might enjoy this intense supercut.Meanwhile, we're working hard at our next podcast. Which I should be able to introduce to you very shortly. I'm excited!I'm Rohin Dharmakumar, your host. And here's part 1 of final, final supercut.-----------While you're still here you can sign up for the First Principles Newsletter here and continue to be part of the First Principles community.
Demand for high-end living is on the rise and Nobroker's subscription plan just doesn't cut it anymore. So it introduced a new postpaid plan to entice wealthy property owners. Funnily enough, the way it works is pretty much how traditional brokers earn their brokerage. This goes against the basic premise with which Nobroker was started almost a decade ago. So why has Nobroker switched up its strategy? And why is it going down the road it was so fundamentally against? Tune in to find out.
What a scorcher: Can India sustain this torrid pace of growth? What the TCS bosses have in mind: A growth spurt in the year ahead 2024 is the year to scale up beyond pilots, advance GenAI projects: IBM's CandyMint Explainer: Who's winning the app war – Google or Indian startups? Struck by Byju's, General Atlantic's India ship is in distress. Will it survive? Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Monday, March 4, 2024. My name is Nelson John. Let's get started:In some surprising news, India's GDP grew at a staggering 8.4% in the third quarter of the financial year in 2024. Mining and agriculture had tepid production, so estimates were moderate. The revised estimate for GDP growth for the entire year is now at 7.6 percent. This means that India will continue to be the fastest growing large economy in the world. Mint's senior editor N. Madhavan explains these numbers. He outlines that while this is good news for our economy, these numbers are unlikely to sustain for the next quarter.IT giant TCS wants rapid growth — and it wants it soon. At a strategic retreat in Abu Dhabi, its CEO K. Krithivasan said he wanted at least double-digit growth in revenue in FY25. This would be double of its last year growth, which came in at 5.3 percent. Speaking at the same event, Tata Sons chair N. Chandrasekaran said he wanted the company to record at least 10 billion dollars worth of business from India alone. Mint's IT and corporates correspondent Varun Sood reports on the inside details from this event, including the incoming business for TCS worth billions.From one MNC to another: let's talk about IBM. Its consulting arm employs some 1.6 lakh people. Out of these, more than 20,000 employees now work solely on artificial intelligence. Mint's executive editor Leslie D'monte speaks to Matthew Candy, IBM consulting's global managing partner. Candy spoke about IBM's AI strategy, including how they are devoting their resources towards two big areas: customer care, and HR. Candy also gave advice to Indian founders who are foraying into Generative AI, and doing so responsibly.Some Indian startups received a jolt last week when Google removed them from its Play Store. Bharat Matrimony, Shaadi.com, and 99 acres were some of the apps that were removed after Google said that they didn't pay service fees. This isn't a first for the tech giant: Google has had similar tiffs in the US and Europe as well. Indian startups are crying foul, and saying that Google shouldn't have the power to unilaterally de-platform apps in such a manner. Mint's tech correspondent Shouvik Das writes a detailed explainer on this issue. Byju's is going through a tough time. The startup, once valued at 22 billion dollars, is now raising money through a rights issue for a total valuation of only 20 million. This is of course a smart accounting practice, but it does hurt previous investors. One such investor is General Atlantic. The company has pumped in 380 million dollars into the edtech so far, but refused to put in more money during the latest round. The private equity firm is running on thin ice: it's current portfolio includes fellow edtech Unacademy, real estate platform NoBroker, and payments aggregator BillDesk. None of these companies have provided the returns GA would have liked. Startups and new economy writes Ranjani Raghavan and Sneha Shah write about General Atlantic's trouble in navigating the Indian waters, and what lies ahead for the PE firm.We'd love to hear your feedback on this podcast. Let us know by writing to us at feedback@livemint.com. You may send us feedback, tips or anything that you feel we should be covering from your vantage point in the world of business and finance.
Joining us today is Mr. Saurabh Garg, the Co-Founder and CBO of India's first Proptech Unicorn, NoBroker.During the last decade, one of the fastest growing sub-sectors within Indian Real Estate has been Proptech, as an increasing number of real estate transactions have been happening online. This surge is reflected in the investor market as well, with a total of $4 Billion in funding being poured into Indian proptech ventures since 2009.However, no progress comes without it's fair share of challenges. One such challenge being the disparity of information and transparency between the supply side (traditionally developers and brokers) and the demand side (traditionally real estate buyers and investors).Today, Mr. Garg talks to us about his prop-tech solution to address this challenge, amongst several others faced by tenants and homebuyers.With a history of successful entrepreneurship with his first venture, The Four Fountains Spa, Mr. Garg decided to start NoBroker in 2014, to address the pain points he had personally faced as a prospective tenant.Over time, NoBroker has become a full stack service provider, with an array of property services, catering to them achieving a company value at over $1B in their most recent funding round.Mr. Garg takes us through his journey with NoBroker, their expansion into complimentary verticals, and the application of data and algorithms to understand consumer behaviour, and improve the consumer experience within real estate.So without further ado, let's get started!Have questions about Real Estate? Or topic you would love to hear more about on the Podcast? Connect with Concrete Conversations - The Indian Real Estate Podcast through the links below!Instagram: https://www.instagram.com/theindianrealestatepodcast/LinkedIn :https://www.linkedin.com/company/concrete-conversationsYouTube - https://www.youtube.com/channel/UCXn-Aw24pqfmULyym7hCi6Q
If you started listening to First Principles—The Ken's fortnightly leadership podcast—in 2023, then today's special episode might be something you'll love. We went back to guests from episodes 6 to 10 from 2022 and created a supercut episode highlighting some of the most interesting bits from conversations with these accomplished leaders.We'd urge you to listen to the full episodes, but this is a great place to start if you've been meaning to check out our older episodes but haven't gotten around to it.We begin with Harshil Mathur, the co-founder and CEO of Razorpay—a fintech giant offering loans, payroll services, and even bank accounts.Harshil talks about his journey into entrepreneurship, how Razorpay develops products, the importance of deliberately driving company culture, and much more. Episode 6: Razorpay CEO Harshil Mathur talks about deliberate culture, building to a need, and the principles of product developmentNext, we have Vineeta Singh, the co-founder and CEO of SUGAR Cosmetics—one of India's most popular and fastest-growing cosmetics brands.Vineeta talks about overcoming stereotypes as a female founder, the importance of passion when selecting your workplace, and why hustle, hunger, humour, and humility are key pillars of SUGAR's culture. Episode 7: Vineeta Singh of SUGAR Cosmetics talks about building products, educating consumers, and focusing on the long termAnd then, we have Amrish Rau, the CEO of Pine Labs—the payments solution provider whose point-of-sale terminals are visible in most Indian shops and stores.In 2016, Citrus Pay, an online payments provider Amrish co-founded, was acquired by rival PayU for $130 million in cash. It was one of the most significant acquisitions back then. But Amrish says it is also one of his biggest regrets. As a first-time founder, he decided to sell his company too quickly. Amrish tells us why.Episode 8: Amrish Rau of Pine Labs talks about the differences between being a founder and CEONext, we have Amit Agarwal, the co-founder and CEO of NoBroker—the 8-year-old Bengaluru-headquartered real estate platform that wants to disrupt the very concept of brokerage fees.Amit speaks about entering management consulting as a young MBA because it paid the most, starting a business that almost no investor wanted to fund, convincing notoriously value-minded Indians to pay a subscription fee before finding a rental apartment, and running a frugal organisation with a cockroach mentality.Episode 9: Amit Agarwal of NoBroker talks about his single-minded mission to disrupt brokerage, building a cockroach company, and why his office address is a secretAnd finally, we have Tarun Mehta, the co-founder and CEO of Ather Energy—India's best-known electric scooter maker. Tarun speaks about his journey to convince investors of his vision, doing hard things that defied common sense, building an organisation over decades, and why it takes at least three years to make a true impact at work.Episode 10: Tarun Mehta of Ather Energy talks about doing hard things, going down multi-year rabbit holes, building companies over 30-40 years, and being chief storytellerThe Ken is India's first subscriber-only business journalism platform. Check out our deeply reported long-form stories, insightful newsletters, original podcasts, and much more here: https://the-ken.com/?utm_source=website&utm_medium=podcasts&utm_campaign=podcast_ep
“The next 5-10 years are going to be the game-changing years with respect to AI. I think companies will have to also take into consideration this particular aspect going forward.”The newest instalment of the Shape of Work podcast highlights how to adapt to the industry's transformation and how AI and technology will impact the HR industry. Our Guest for this episode is Gaurav Garg, Senior Director of HR at NoBroker.com, a disruptive brokerage-free property search portal that connects house/property owners & tenants/buyers directly by eliminating the middleman.Gaurav has an overall work experience of almost fifteen years. He has worked at many organisations including Amdocs, Capgemini Consulting, Airtel, and CapitalVia Global Research Limited. He did his B.Tech from the National Institute of Technology Surat and his PGDM from XLRI Jamshedpur.Episode HighlightsHow to adapt to transformations in the industry?How will AI shape the industry over the next two years?Why is it important to Build a culture of trust and accountability in an organisation?How to adopt diversity and inclusion more effectively?Follow Gaurav on LinkedinProduced by: Priya BhattPodcast Host: Archit SethiAbout Springworks:Springworks is a fully-distributed HR technology organisation building tools and products to simplify recruitment, onboarding, employee engagement, and retention. The product stack from Springworks includes:SpringVerify— B2B verification platformEngageWith— employee recognition and rewards platform that enriches company cultureTrivia — a suite of real-time, fun, and interactive games platforms for remote/hybrid team-buildingSpringRole — verified professional-profile platform backed by blockchain, andSpringRecruit — a forever-free applicant tracking system.Springworks prides itself on being an organisation focused on employee well-being and workplace culture, leading to a 4.8 rating on Glassdoor for the 200+ employee strength company.
Akhil Gupta is the founder and chief tech & product officer of NoBroker.com - the world's largest C2C real estate platform. In this podcast, ▸ Vinamre and Akhil talk about how technology is saving people from the ill intentions of brokers ▸ Surprising real estate statistics about India that will change your perception about wealth distribution ▸ How Covid produced new urban city centers You can follow Akhil on: Twitter: https://twitter.com/akhil10s?t=Rvkrsq-CD_WUsCMY4yY1Fw&s=09 LinkedIn: https://in.linkedin.com/in/akhil10s Timestamps: (0:00) Intro (2:28) 9 out of 10 people make this mistake while dealing with brokers (9:31) You don't need to physically visit an area to find houses anymore (13:30) Nobroker gets rid of the need for brokers (19:46) Millenials are not renting things anymore. They're buying. (30:56) Nobroker's hack to attract customers to its website (33:31) You can get the best price for your property even if you're not street smart (38:15) Akhil Gupta opens up about how it feels to be the founder of a unicorn (46:16) All budding startups should follow this strategy for initial hiring (50:16) Here's what a CTO does on a day-to-day basis (55:12) Nobroker's future domination plan with Google (59:51) Conclusion Listen to the audio version of the full podcasts at - Spotify - https://open.spotify.com/show/70vrbHeSvrcXyOeISTyBSy?si=eZQk7N3_QOmvOfu0umGjzg Google Podcast - https://podcasts.google.com/feed/aHR0cHM6Ly9hbmNob3IuZm0vcy8zZDkyMjI0MC9wb2RjYXN0L3Jzcw== Apple Podcast - https://podcasts.apple.com/in/podcast/dostcast/id1538251790 == This is the official channel for Dostcast, a podcast by Vinamre Kasanaa. Connect with me Instagram: https://www.instagram.com/vinamrekasanaa/ Twitter: https://twitter.com/VinamreKasanaa Dostcast on Instagram: https://www.instagram.com/dostcast/ Dostcast on Facebook: https://www.facebook.com/dostcast Dostcast on Snapchat: https://www.snapchat.com/add/dostcast == Contact Us For business inquiries: dostcast@egiplay.com == #Dostcast
feedback @ ryan@soulsearching.in EPISODE LINKS: Linkedin : https://in.linkedin.com/in/akhil10s Twitter : https://twitter.com/akhil10s?lang=en PODCAST INFO: Podcast website: https://anchor.fm/ryandsouza Apple Podcasts: https://apple.co/3NQhg6S Spotify: https://spoti.fi/3qJ3tWJ Amazon Music: https://amzn.to/3P66j2B Google Podcasts: https://bit.ly/3am7rQc Gaana: https://bit.ly/3ANS4v1 RSS: https://anchor.fm/s/609210d4/podcast/rss
Had a very nice chat w/ Akhil Gupta Founder of No Broker It was a treat of an episode and we dived into how they started NoBroker, acquired their first 100 customers and so much more No Brokers story is one of defying the odds My biggest takeaways from the conversation: 1. Unicorn status is a milestone -> And Akhil was so humble about it despite having achieved so much 2. Take risk 3. Power of Internet 4. Defying the odds And so much more Connect with Akhil on the below platforms: Twitter: https://twitter.com/akhil10s Check out NoBroker here: https://www.nobroker.in/ Connect with the host Roohi Kazi on the below platforms: Instagram-roohik2 LinkedIn: Roohi Kazi Twitter: https://twitter.com/KaziRoohi Visit this link for more listening options/platforms for the Business Podcast by Roohi, and next step groups: https://bop.me/roohikaz Business Podcast by Roohi website: https://businesspodcast.transistor.fm/ Subscribe to the Business Podcast by Roohi newsletter here: https://businesspodcastbyroohi.substack.com/ Subscribe to YouTube channel here: https://www.youtube.com/channel/UC_wI_t2KXX2Oqz0VDDe9sMg If you enjoyed this episode, please leave a review of the podcast here: https://ratethispodcast.com/bpbr
Join us today, as we revisit the conversations with our previous founder guests on - "How They Acquired Their First Customers?" Timestamps 00:00 Intro 00:33 DUNZO 02:10 BukuWarung 04:01 Wakefit 05:54 FamPay 08:15 Ather Energy 10:11 Pratilipi 12:07 NoBroker 13:13 Perpule 14:25 Jupiter 15:45 Bewakoof 17:05 Bizongo 19:17 CoinSwitch
Amit Kumar Agarwal is the CEO and Co-founder of NoBroker.com, India's first proptech unicorn. He defines and guides the overall vision at NoBroker and spearheads the company's business strategies. Amit, an alumnus of the Indian Institute of Technology, Kanpur, and IIM, Ahmedabad, was a banking and finance veteran for over 13 years prior to starting his entrepreneurial journey. Amit has been revolutionizing the house-hunting experience for home seekers across India and is making the discovery process more hassle-free. NoBroker has democratised the house hunting process and empowered the tenants/buyers/sellers to have seamless real estate transactions free from the pressures, biases and manipulations that are quintessential of offline transactions. To date, NoBroker has saved upwards of INR 10,000crores in brokerage for its customers.
Recently the trend in startups has been around growing fast, scaling faster, and becoming humongous with viral products, ideas & marketing. But in most cases, such ideas come crashing down in a short span of time, because of the lack of depth either in the product or the customer base.In this episode, almost after a year and half since we published NoBroker Founder Amit Agarwal's episode, we have with us his Co-founder Akhil Gupta to talk more about their journey of building NoBroker with depth in every market and focus on customers over the last 10 years. During the episode, Akhil shares the ups and downs in their journey, along with the initial response they got while they were trying to raise their first round, what are his thoughts about the current & future of the housing market in India, and more.Notes - 01:26 - Early Product Market Fit moment for NoBroker07:19 - Clarity to make NoBroker the largest Real Estate solution in India 08:53 - The most challenging obstacles13:35 - Defining moments in their journey15:19 - Mistakes they made being founders16:46 - Key factors why they succeeded 20:35 - Zoho Sponsored – Prashant Ganti on What does Zoho Payroll do and what's the story behind it? 21:36 - Future Plans23:41 - How they become the Amazon of Real Estate25:16 - Passion behind starting NoBroker30:40 - Why they got rejected by so many VCs32:29 - Realistic way of building a sustainable growing startup38:07 - Reason behind the sky-rocketing of rentals in Bangalore42:04 - Impact of global factors on the Indian Housing market Also, try out a 30-day free trial of Zoho Payroll, and simplify your Payroll journey as an entrepreneur! https://zoho.to/zoho-payrollAlso, try out a 30-day free trial of Zoho Payroll, and simplify your Payroll journey as an entrepreneur! https://zoho.to/zoho-payroll
Few companies define themselves so sharply on the basis of what they're opposed to like NoBroker, the 8-year-old Bengaluru-headquartered real estate platform. Opposition to brokerage is baked into its name, its business model, and even its ambitions.US$19 billion is the amount Indians shell out as brokerage fees on real estate rentals.That's the market NoBroker wants to disrupt. Flip the mirror and that is also, thus, the total addressable market that NoBroker is targeting for itself.“At the end of the day, all a broker does is introduce people. You want to pay him one month's rent for an introduction? Really?”—that was Amit Agarwal, the co-founder and CEO of NoBroker, speaking to The Ken back in 2017 for a story.It's almost 2023 and Agarwal is still sticking to his guns. (Which is why he can't reveal the exact locations of his offices).In this episode, the “IIT-IIM” founder speaks candidly over an hour and a half on a range of topics. From entering management consulting as a young MBA because it paid the most, to starting a business that almost no investor wanted to fund, to convincing notoriously value-minded Indians to pay a subscription fee before finding a rental apartment, to running a frugal organisation with a cockroach mentality. If you'd rather (or perhaps also) read than listen, we have also published the full transcript for this interview on our website. You can click here and read through it. And if you have any questions, thoughts, suggestions, or tips, please email them to podcasts@the-ken.com. We might not be able to reply to all of them, but we do read every single one of them.Daybreak—a brand new podcast from The Ken (https://the-ken.com/podcasts/daybreak/)Business news is complex and overwhelming. It doesn't have to be. Thrice a week, Daybreak tells one business story that's significant, simple, and powerful. All in fifteen minutes or less. Hosted from The Ken's newsroom by Snigdha Sharma, Daybreak relies on years of original reporting and analysis by some of India's most experienced and talented business journalists. Episodes drop on Tuesdays, Wednesdays and Fridays.
This week on Shunya One, Shiladitya is joined by Saurabh Garg, Co-Founder and CBO of NoBroker.Finding a home is not a cakewalk, especially in metropolitan cities like Mumbai or Bangalore. With the intention of making this process simpler, Saurabh tells us how he came up with the idea of Nobroker. He tells us about the difficulties they encountered when establishing this company in an unexplored market. He discusses how social media marketing helped them to kick start the idea. Tune into the episode to know more!NoBroker is a Bangalore-based startup in the real estate search domain, which connects flat and property owners with tenants and buyers.You can follow Saurabh Garg on:LinkedIn: ( https://in.linkedin.com/in/saurabh-garg )Twitter: ( https://twitter.com/abhishekmohan )You can get in touch with our host: Shiladitya MukhopadhyayaLinkedIn: ( https://in.linkedin.com/in/shiladityamukhopadhyaya )Twitter: ( https://twitter.com/shiladitya )You can listen to this show and other awesome shows on the IVM Podcasts app on Android: https://ivm.today/android or iOS: https://ivm.today/ios, or any other podcast app. You can check out our website at https://shows.ivmpodcasts.com/featuredDo follow IVM Podcasts on social media.We are @IVMPodcasts on Facebook, Twitter, & Instagram.Follow the show across platforms:Spotify, Google Podcasts, Apple Podcasts, JioSaavn, Gaana
Interview with Saurabh Garg, Co-founder and Chief Business Officer at Nobroker.com
Amit is a finance professional turned founder & CEO with NoBroker. It is a 2 sided Marketplace for real estate and is a pioneer in the space. In this episode Amit spoke about the insights he got into the real estate industry as an outsider that gave him an advantage to operate in the space, what it's like building a 2 sided marketplace, how they nurture core culture and more in his conversation with Roshan Cariappa. Topics:00:00 Introduction01:29 NoBroker's 0-1 Journey03:39 What does Amit look for while Hiring someone05:44 Insights that gave Amit an Advantage08:43 Building a 2 sided marketplace11:34 BTL Marketing that helped no broker grow into a premier brand 13:25 Process of Expanding to new geographies 15:08 Managing multiple businesses/verticals16:57 Prioritizing verticals to add18:35 Nurturing the core culture21:39 Principles of Monetization25:26 Building trust in the ecosystem26:40 What's coming up at NoBroker?27:23 Making Frugality a part of your DNA29:41 What has Amit realised about himself on his journey31:10 Books and Podcast Recommendations------------------------------------- Click here to get regular WhatsApp updates:https://wa.me/message/ZUZQQGKCZTADL1 ------------------------------------- Connect with Amit :Linkedin: https://www.linkedin.com/in/amit-kumar-agarwal-5b30301/Twitter: https://twitter.com/AmitKumarA ------------------------------------- Connect with Us: Linkedin: https://www.linkedin.com/company/startup-operatorTwitter: https://twitter.com/OperatorStartup ------------------------------------- If you liked this episode, let us know by hitting the like button and share with your friends and family. Please also remember to subscribe to our channel and switch on the notifications to never miss an episode!
In this episode of figuring out, we have Amit Kumar Agarwal and Saurav Garg, the Founders of NoBroker.com. We talked about the future of tech-based businesses, the hustle behind building a startup, financial planning, and much more.Saurabh Garg started NoBroker in 2014 after being unable to find a house that didn't require him to pay brokerage on classifieds and rental platforms. He and Amit Kumar Agarwal and Akhil Gupta were inspired by how consumer internet platforms such as BookMyShow had eased movie ticketing and MakeMyTrip had eased travel booking. Founded in 2014, NoBroker is a Bangalore-based startup in the real estate search domain. It connects flat and property owners with tenants and buyers directly through its platform, thereby making buying, selling, and renting of properties more straightforward, transparent, and affordable.In this episode, we have discussed why startups fail and the things people don't tell you about entrepreneurship. If you are interested in entrepreneurship, watch this episode till the end.Social Media Handles of NoBroker:Instagramhttps://www.instagram.com/nobroker/Twitter https://twitter.com/nobrokercom• • •
In this video, we take a look at India's journey to 100 unicorns, from it's first ever startup unicorn in 2011, in the form of inMobi, to neobanking startup Open becoming 100th unicorn in 2022. The term 'unicorn' was created by American VC and entrepreneur Aileen Lee in 2013, she took all of the U.S.-based software companies that were started in or before 2003 and had achieved a valuation of $1 billion through public or private market investors, and put them in a club: the Unicorn Club. In India's case, it's unicorn journey started in 2011, when InMobi, a company that was founded in 2007, became a unicorn. Following this, Flipkart became a unicorn in 2012, Mu Sigma in 2014 and then Ola in 2014. Snapdeal also became a unicorn in 2014, but they have since exited from this club due to their valuation falling below $1 Billion. Companies like Quikr, Hike and Shopclues also fall in this category. Then we have companies who have been since acquired and also bags the question that should they be counted as unicorn today? Flipkart is an example here, which was acquired by Walmart. Then you have startups like Billdesk, which was bought by PayU, PhonePe getting acquired by Flipkart and BigBasket, which became a unicorn in 2019 and were acquired by Tata Digital in 2021. All this while, India's unicorn growth was pretty slow but steady till 2017, when Jio launched its 4G services, and this brought a mobile internet revolution in the country. From 1 unicorn in 2017, India saw 10 unicorns in 2018: B2C unicorns included Swiggy, OYO, BYJU'S, Policybazaar, Paytm Mall, and Phonepe, and B2B unicorns included Rivigo, Freshworks, Billdesk, and Udaan, which was the fastest company to become a unicorn at the time - it took them just 26 months. Then, in 2019, things slowed down a bit, with just 7 unicorns that year: in the B2C category were Ola Electric, Lenskart, Dream11, Delhivery, and BigBasket, and in the B2B category were Incertis and Druva. In 2020, COVID increased people's reliance upon the internet, and host of Indian e-commerce startups like Firstcry, Cars24, and Nykaa became unicorns. Facilitating these online payments resulted in fintech companies like Razorpay and Pine Labs also achieving unicorn status. B2C startups like Verse Innovation (Dailyhunt), ed-tech startup Unacademy, fintech startup Zerodha, and SaaS startup like Zenoti and Postman also became unicorn in the same year. 2020, was followed by an even bigger year in terms of unicorns in 2021, when 44 Indian companies became unicorns. This year saw 11 E-commerce startups (Spinny, OfBusiness, Moglix, Mensa, Meesho, Mamaearth, Licious, Infra.Market, Good Glam Group, GlobalBees, Droom), 11 Fintech startups (Zeta, Slice, Mobikwik, Groww, Digit, CRED, Coinswitch Kuber, CoinDCX, Chargebee, BharatPe and Acko) becoming unicorns. Then we have 5 enterprisetech and SaaS startups (Mindtickle, MapmyIndia, Gupshup, BrowserStack, Apna), 4 health startups (Cure.fit, Innovaccer, Pharmeasy, Pristyn Care), 4 consumer service startups (Blinkit, CarDekho, Rebel Foods, Urban Company), and 3 edtech startups (Eruditus, Vedantu and Upgrad) also becoming unicorns. Other 2021 unicorn categories include Media and Entertainment startups MPL and sharechat, Logistics startup Blackbuck, Traveltech startup Easemytrip , Real Estate startup Nobroker, and Manufacturing startup Zetwork. Talking about where where these startups coming from, they were all from tier 1 cities. Bangalore is leading this list with 39 unicorns, NCR region with 32 unicorns, mumbai with 16, Pune with 6, Chennai with 5 and Hyderabad with 2. Now we are halfway in 2022 and we have already produced and now it seems that by 2025, India will have upwards of 250 unicorns. So that will be exciting to watch and we will continue to track all of this in our upcoming episodes.
In this Episode, I (@Jivraj Singh Sachar) speak with Amit Kumar Agarwal, Co-Founder & CEO of NoBroker. NoBroker is India's leading Real Estate Tech Startup, disrupting the way millions of Indians discover residential properties and interact with them for multiple types of transactions in a tech lead environment as opposed to dealing with brokers, or other middleman, who would earlier consume a considerable portion of each transaction. What started as a disruptive solution in 2014 to a deep-knitted problem in the real estate market, is today worth more than a billion dollars, after years of strong fundamentals and compounded growth. (CC: NoBroker becomes a Unicorn with its latest funding round) As NoBroker further disrupts Indian Real Estate Tech, I chat with Amit on what lead them here. Through this conversation, we discuss the following: (Time Stamps Coming Soon) About our sponsor: Stride Ventures, which is one of India's leading Venture Debt Funds, becoming synonymous with innovative startup financing in India. Stride provides comprehensive solutions, going beyond venture debt, to cater to distinctive challenges faced by high-growth and inherently strong businesses, backed by leading institutions. The fund has a portfolio of over 60+ diversified companies, having deployed more than Rupees 1500 Crore to date. In just over two years, Stride Ventures has emerged as the preferred venture debt lender in the Indian Ecosystem. To know more about this phenomenal fund, visit - https://strideventures.in/ Hope you liked the 95th Episode on the Indian Silicon Valley Podcast - Building India's leading Real Estate Tech Company! That was it from this Episode, thanks again for tuning in! :) If you liked the episode, do share with your friends or drop us a quick review! Also, do follow us on social media to stay updated with all new episodes: Twitter: https://twitter.com/isv_podcast LinkedIn: https://www.linkedin.com/company/indian-silicon-valley-podcast/ Instagram: https://www.instagram.com/indiansiliconvalleypodcast/ Gallery of all Episodes: https://airtable.com/shrTOFf1z5UT0q9p8 You can also subscribe to the YouTube Channel of the Podcast : https://www.youtube.com/c/IndianSiliconValley/ "If you never try, you never know" Stay Tuned, Keep Building.
Elon Musk, the billionaire founder of Tesla and SpaceX, ranked “artificial intelligence going wrong” as one of the top three “existential threats” to humanity, Insider reports. The European Space Agency is funding a project called Camaliot to conduct scientific experiments on big data, collected from GPS receivers including smartphones. Plus, several Indian founders have banded up to start a pre-seed-stage fund. Notes: Elon Musk, the billionaire founder of Tesla and SpaceX, ranked “artificial intelligence going wrong” as one of the top three “existential threats” to humanity, Insider reports. Musk, the richest man in the world who aspires to build a home for humans on Mars, said he fears religious extremism, a declining birthrate, and artificial intelligence going wrong. The declining birthrate in countries like the US is also a cause for concern, Musk said, adding he didn't see it turning around, according to Insider. The European Space Agency is funding a project called Camaliot to build the infrastructure for ingesting large volumes of observations from various kinds of GPS-capable receivers, including mobile phones, according to the project's website. With the proliferation of smartphones, wearables and the Internet of Things, observations acquired from such devices will become the next big data source. Therefore, the Camaliot project is laying the groundwork for exploiting this rapidly increasing source of data, according to the website. Apple paid out special engineering bonuses worth up to $200,000 to retain top talent, Bloomberg journalist Mark Gurman reports in his popular Power On newsletter. For the second time in three months, Apple is paying out special one-time retention bonuses. Last time, the bonuses went to select engineers in Apple's virtual and augmented reality and chip engineering departments. This time they went to some hardware and software engineers. The idea is to keep employees happy at a time of rising inflation, increased recruiting from rivals like Facebook owner Meta Platforms, and a move to get working-at-home staff back into offices, according to Gurman. Google released a Chrome update for Windows, Mac, and Linux on Friday last that fixes a zero-day vulnerability, Android Police reports. In a Chrome Releases Blog post Google explains that there is one security update in the release, for zero-day exploit CVE-2022-1096, first reported to the company by an anonymous tip on March 23. This particular vulnerability is a weakness in Chrome's JavaScript engine that can be used by hackers to inject their code into your browser. Google has said hackers have already exploited this weakness, according to Android Police. Founders of Meesho, Rivigo, Lead School, NoBroker, and Cars24 are among the entrepreneurs and senior executives at several startups in India who have come together to launch Bharat Founders Fund, which will invest in pre-seed-stage ventures, Economic Times reports. Some 65 founders are investing through the fund, which has made 20 investments so far. The fund will typically invest $100,000 to $200,000 in the pre-seed stage, including in entrepreneurs who've just started out with an idea, according to ET. Theme music courtesy Free Music & Sounds: https://soundcloud.com/freemusicandsounds
In Episode 8 of Summit Series, Mayank Khanduja (Partner, Elevation Capital) speaks to Amit Kumar Agarwal (Co-founder, NoBroker) on the journey of building India's first prop-tech unicorn. NoBroker was founded in 2014 and since then, the company has served over 16 million customers across India and has over 7.5 Mn properties listed on its platform. Over the years, NoBroker has also expanded its offerings to financial services (home loans, rent payments & deposit loans, insurance etc.), home services (cleaning, furniture, packers & movers, etc.), and also new platforms such as NoBrokerHood in the community management space, thereby becoming the one-stop solution for everything real-estate. Elevation partnered with the company as the first investor by leading the $3 Mn seed round in February 2015.
This episode of The Brand Called You brings you a personality whose mission was to facilitate the parties of Real Estate business with an easy and transparent service at low costs. To accomplish that, he used technology to create a platform where the parties can enter into deals directly without any unnecessary brokerage. We are privileged to welcome Mr. Amit Kumar Agarwal to our show. Amit is the founder and CEO of NoBroker.com, which is the only C2C platform in the Real Estate market. NoBroker.com has recently joined the unicorn club. --- Support this podcast: https://anchor.fm/tbcy/support
Brought to you by the Founders Unfiltered podcast by A Junior VC - Unscripted conversations with Indian founders about their story and the process of building a company. Hosted by Aviral and Mazin. Join us as we talk to Akhil Gupta, the co-founder and CTO of NoBroker about their story. Mr. Akhil Gupta started his career with Oracle after he graduated form college. Over the years, he watched IRCTC, MakeMyTrip, and BookMyShow launch and emerge as big players in their respective fields. He soon realized that physical intermediation is being disrupted by technology. This, combined with a few bad and expensive experiences he had while house-hunting in a new city, led to the idea of NoBroker, a real-estate search site. About Nobroker: NoBroker is a Bangalore based real estate search portal that connects flat owners and tenants directly with each other. Today, the unicorn has operates in several major Indian cities and has more than 7.5 million properties listed on its platform and over 16 million people have used its services. For more visit - https://ajuniorvc.com/podcast/
‘The biggest risk is not taking any risk.' – Mark Zuckerberg. In this edition of the Founder Thesis podcast, Akshay Datt speaks Amit Kumar Agarwal, Founder and CEO, NoBroker.com, the country's first unicorn in the proptech space. Drawing inspiration from Mark Zuckerberg and his bitter experience of house-hunting, Amit quit his lucrative corporate job and conceptualized the idea of building a platform that connects landlords with prospective renters without the interference of brokers. This led to the birth of NoBroker.com in 2014 which today, claims to have around 75 lakh properties registered on its portal and more than 1.6 crore people using its services. Tune in to this episode to hear Amit speak about how NoBroker is disrupting the traditional real estate sector by becoming a one-stop-shop for customers for their real estate needs. What you must not miss! Freemium business model How the word of mouth marketing works for NoBroker? Diversification into other cities and services
This week in Indian startup news, Ola Electric's S1 and S1 Pro scooters delivery delayed, Bounce to launch their first electric scooter Bounce Infinity, Skyroot Aerospace successfully tests India's first privately built cryogenic rocket engine and Mobikwik to delay IPO after Paytm debacle. In funding news, NoBroker raises $210 million to become a unicorn, Spinny raises $285 million to become a unicorn, Dream Sports raises $840 million, Purplle raises $65 million and Upstox raises $25 million to become a unicorn. Ola Electric's S1 and S1 Pro scooters delivery delayed: Three months back in September, Ola Electric booked ₹1,100 crore worth of their electric scooter Ola S1 and S1 Pro in just two days with a promise of starting deliveries in October. It's the end of November but the startup is yet to start shipping their scooters and they have now moved the date to 2nd December – citing shortages of chipsets and electronic components. Bounce to launch their first electric scooter Bounce Infinity: Bounce, a dockless scooter rental startup, had announced the launch of their own electric scooter Bounce Infinity - it will now be available for booking on 2nd December. Bounce's Infinity is expected to be a rebranded version of 22Motor's Flow electric scooter – which you can buy with or without the battery – making them affordable. You can simply rent the batteries from Bounce later. Skyroot Aerospace successfully tests India's first privately built cryogenic rocket engine: Skyroot Aerospace has made the headlines once again by becoming the first Indian spacetech startup to successfully test India's first privately built cryogenic rocket engine – which is named Dhawan 1 and will be used as an upper stage engine in their Vikram 2 rockets. MobiKwik to delay IPO after Paytm debacle: Indian fintech startup MobiKwik was planning to raise Rs 1,900 crore in their IPO in November. However, after seeing Paytm's disastrous IPO debut, MobiKwik is looking to delay their own IPO and they are also having a hard time getting qualified institutional investors onboard – who are valuing the startup 20-40% lower than their current valuations. NoBroker raises $210 million to become a unicorn: NoBroker, a property buying and rental platform, has raised $210 million at a $1.01 billion valuation – making them India's first proptech unicorn. Spinny raises $285 million to become a unicorn: Online used car marketplace Spinny has raised a massive $285 million in a round led by Tiger Global and Abu Dhabi Growth Fund at a $1.75 billion valuation – making them India's 37th unicorn this year. Upstox raises $25 million to become a unicorn: Online investment platform stox has raised $25 million – which is expected to be a part of a larger round led by Tiger Global at a $3.4 billion valuation. Dream Sports raises $840 million: Dream Sports, the parent company of fantasy gaming unicorn Dream11, has raised $840 million at an $8 billion valuation to help them expand beyond fantasy gaming and build a comprehensive sports and gaming empire.
Check out his: LinkedIn: https://www.linkedin.com/in/amit-kuma... Website: https://www.nobroker.in/
BIO: Amit Kumar Agarwal is the founder and CEO of NoBroker.com, the world's largest C2C real estate platform with 13 million customers, eliminating brokers and agents in real estate transactions with a tech-based approach. STORY: Amit decided to be in complete control of his business, and even when he hired people, he hired his juniors, who literally do nothing without him. This kind of control only created bottlenecks, and he couldn't scale his business until he partnered with a person who had more expertise than him. LEARNING: You won't scale your business if you keep doing everything on your own. Hire great people and nurture them. “If you want to scale up, then doing everything on your own and trying to control things is a very bad idea.”Amit Agarwal Guest profilehttps://www.linkedin.com/in/amit-kumar-agarwal-5b30301/ (Amit Kumar Agarwal) is the founder and CEO of https://www.nobroker.in/ (NoBroker.com), the world's largest C2C real estate platform with 13 million customers, that is eliminating brokers and agents in real estate transactions with a tech-based approach. He has raised $151m of institutional funding so far. The NoBroker business model is disruptive, tech-based, capital-efficient, and designed to be scaled globally. Worst investment everWhen Amit first started his company, he was doing everything on his own. From finance to HR to operations. Everything would have to go through him. When it came to hiring people, he hired his juniors and continued making all the decisions. Slowly this blew over for Amit. Everything was over the place. His juniors didn't understand his business, and he would have to be the one making even the tiniest decisions when trying something new. Amit's team would get stuck because they had to speak to him before doing anything. Things just started going out of control because Amit couldn't handle it all. Luckily, Amit was saved from his worst investment ever by a very experienced guy who happened to visit his office. He had gone to the same college as Amit, and they joined hands and ran the company together. Suddenly, there was a tremendous business change. Amit realized that what he needed was people smarter than him. Lessons learnedYou won't scale your business if you keep doing everything yourself and trying to control things. Hire great people and nurture them. Get expertise in each functional area as soon as possible and give them independence and accountability. Andrew's takeawaysWhen starting a business, work with the $3 million rule. Think about how quickly are you going to get your revenue to $3 million? With $3 million, you now have the budget to have a proper management team, office, software, and infrastructure to scale your business. If you're struggling right now and are overloaded and overwhelmed dribbling it all yourself, stop and think about where you're at. It may be time to reach out, get help, and build your team, so you're not doing everything. Actionable adviceWe need to continue learning and reassessing our businesses. As the situation changes, you also need to change quickly, and hence you need better people with better expertise. No. 1 goal for the next 12 monthsAmit's number one goal for the next 12 months is to keep his customers happy, expand into new services, and make them bigger. [spp-transcript] Connect with Amit Agarwalhttps://www.linkedin.com/in/amit-kumar-agarwal-5b30301/ (LinkedIn) https://www.nobroker.in/ (Website) Andrew's bookshttps://amzn.to/3qrfHjX (How to Start Building Your Wealth Investing in the Stock Market) https://amzn.to/2PDApAo (My Worst Investment Ever) https://amzn.to/3v6ip1Y (9 Valuation Mistakes and How to Avoid Them) https://amzn.to/3emBO8M (Transform Your Business with Dr.Deming's 14 Points) Andrew's online programshttps://valuationmasterclass.com/ (Valuation Master Class) https://academy.astotz.com/courses/how-to-start-building-your-wealth-investing-in-the-stock-market (How to
In this episode, we chat with Amit Kumar Agarwal, NoBroker. NoBroker, as the name suggests eliminates the middle-man/broker most of us have to go through when we look out for our buy/rent a property. NoBroker handles $2 billion worth of transactions on its platform every year and claims to have helped save brokerage worth Rs 1,100 crore last year.During the podcast, Amit shares how he built NoBroker while facing troubles from local brokers and brought it into realization as a broker-free platform at a time when larger competitors like Housing.com and Commonfloor still had brokers on their platform.Notes - 01:39 - Family background & childhood, shifting cities too often06:36 - Challenges while beginning with your Startup in your 30s09:54 - Ideating the concept of NoBroker13:25 - Approaching VCs for initial funding14:37 - Investors seeking the existence of a US/China counterpart22:18 - Choosing BTL advertising over ATL considering the ROI at a premature stage26:02 - Not expanding too fast to multiple cities37:43 - Listening to what your customers want42:58 - Bringing premium Add-on services47:01 - Changes in his personality as a founder in 0 to 1 & 1 to 100 journey
This week in Indian Startup News, Ola to set up the world's largest two-wheeler EV charging network, Tvasta builds India's first 3D printed house, Zomato files for IPO, Indian startups fight against COVID19, CCI approves BigBasket-Tata deal, Lenskart acquihires DailyJoy and Instamojo acquihires Showman. In funding news, OneWeb raises $550 million, Urban Company raises $190 million, upGrad raises $120 million, Stanza Living raises over $100 million, ElasticRun raises $75 million, Bizongo raises $51 million and LEAD School raises $30 million. Ola to set up world's largest two-wheeler EV charging network: Ola is setting up the world's largest two-wheeler EV charging network – Hypercharger Network. Their Hypercharger Network will consist of 100,000 charging points across 400 cities – expected to be completed in the next five years at an estimated cost of $2 billion. You will only be able to charge Ola's electric scooters at their hypercharger network and they will be able to charge the electric scooters up to 50% in just 18minutes – giving a range of 75 km. Tvasta builds India's first 3D printed house: Tvasta, a startup by three IIT Madras alumni, has built India's first 3D printed house. This is a 1 BHK house with a built-up area of 600 square feet. It demonstrates the ability of 3D printing in bringing down the time of building houses from 4-5 months to just 5 days but also reducing the cost by 20-30%. Zomato files for IPO: Indian food delivery startup Zomato has filed for the IPO – on track to becoming the first Indian unicorn to go for IPO. Through the IPO, Zomato will be raising $1.1 billion - $1 billion in fresh offering and $100 million coming from Info Edge selling their shares. Indian startups fight against COVID19: A bunch of Indian startups are working to fight the second wave of COVID19 – Delhivery is flying chargers to bring Oxygen concentrators into India, dating app TrulyMadly is using their matchmaking algorithm to match plasma donors with patients, NoBroker is organizing doorstep vaccination drives and MapmyIndia is installing free GPS devices in vehicles that are suppling essential medical equipment. CCI approves BigBasket-Tata deal: CCI has approved the acquisition of BigBasket by Tata Digital – as Tata looks to build their own Super App. Lenskart acquihires DailyJoy: Lenskart has acquihired Hyderabad-based grocery delivery startup DailyJoy to strengthen their Hyderabad tech centre. Instamojo acquihires Showman: Instamojo has acquihired vernacular content startup Showman to strengthen its tech and product capabilities. OneWeb raises $550 million: Satellite internet company OneWeb has raised $550 million from Eutelsat Communications after launching 36 more satellites into space. The company now has 182 out of 648 satellites in space for their constellation. Urban Company raises $190 million: On-demand home services provider Urban Company has raised $190 million at a $2 billion valuation – making it India's 11th unicorn this year. upGrad raises $120 million: Edtech startup upGrad has raised $120 million from Singapore's Temasek in their first external funding round. Stanza Living raises over $100 million: Student housing startup Stanza Living has raised more than $100 million in a round led by Falcon Edge. ElasticRun raises $75 million: ElstaicRun has raised $75 million in a round led by Avataar Ventures and Prosus Ventures to help neighbourhood stores in securing working capital and inventory. Bizongo raises $51 million: B2B platform for packaging products Bizongo has raised $51 million in their Series C round to expand into the Southeast Asian markets. LEAD School raises $30 million: Edtech startup LEAD School has raised $30 million in a round led by GSV Ventures and WestBridge Capital.
Get to know what's happening in the startup ecosystem today and hear Saurabh Garg, Co-Founder & CBO of NoBroker.com talk about the past, present and future of the company on this episode of Daily Dispatch by YourStory. Read more at : https://yourstory.com/video/daily-dispatch-by-yourstory-wednesday-31st-march/amp Facebook: www.facebook.com/yourstorycom Instagram: www.instagram.com/yourstory_com Twitter: www.twitter.com/YourStoryCo YouTube: www.youtube.com/yourstorytv Write to us: podcast@yourstory.com Hosted by Priya Sheth on March 31, 2021. Presented by Julius Sharma!
Top 3 Value Bombs: 1. Amit is a sports enthusiast. He's passionate about badminton & squash. 2. He got his first non-referred customers via initial adopters, online marketing: Google Ads, Facebook Ads and no parking stickers (No parking. No broker). 3. Don't be complacent at all - Customer preferences keep changing and are changing faster and faster - Keep a eye out for what your customers want after they have used your product/service, so you can be the first to offer them that. The Famous Five: 1. What's your favorite business book? Answer: "The Hard Thing About Hard Things by Ben Horowitz" 2. Is there a CEO you're following or studying? Answer: "Archit Gupta - Founder & CEO - ClearTax India" 3. What's your favorite online tool for growing your business? Answer: "Google AdWords" 4. If you could give your 20 year old self a piece of advice, what would it be? Answer: "Start investing early." 5. How many hours of sleep do you get every night? Answer: "7 hours." Episode Information: https://www.takingyoutothetop.io/episodes/episode-77-amit-kumar-agarwal-founder-ceo-nobroker-com
A solution that came out of nothing more than a 'pain-point' to find a rented apartment in a new city, has today turned out to be an efficient way to look for a house without any brokerage. Saurabh Garg, Co-founder of NoBroker, gives us a complete insight about what went into building the real estate platform, the challenges along the way, and more. Host: Konark Tyagi Producer: Priyanka Ganwani & Aishwarya Kumar Creative Lead: Siddharth Alambayan Channel Head: Jonathan Immanuel Mashable Across The Web Like us on Facebook: https://www.facebook.com/mashableindia/ Follow us on Twitter: https://twitter.com/MashableIndia Follow us on Instagram: https://www.instagram.com/mashable.in... Subscribe for Latest Videos: https://bit.ly/2QIlhxZ