Podcasts about pine labs

Timestamps(00:00) Highlights;(01:29) Chen Chow's Resilience Index: The Four Factors that Drive Entrepreneurial Resilience;(08:37) What Does Relevance Mean and What Drives Chen Chow; Full episodeTranscriptHe is also a mentor for Insignia Ventures Academy's StartCXO programAbout who you are on call with:Yeoh Chen Chow, or known as CC, is now offering advisory, consulting, executive/biz coaching, keynote speaking, fireside chat, workshops via One PerCent Advisory and Coaching (1% Advisory & Coaching). Clients engage CC for office/coffee hour. CC has extensive experience building up startups (Fave, KFit) from scratch, till being acquired by Pine Labs for USD45mil. Through the process, raised fund from ~20 VCs, corporates & angel investors across the region, and acquired/acqui-hired 9 companies, including 3 subsidiaries of Groupon in MY, SG and ID. He has invested in 30+ startups/companies around the region too.His experience from both sides of aisles, give him good perspectives across the whole process. He has worked at global consulting firm, mid-sized startups, multinational companies as well. He is an Eisenhower Fellow and an alumnus of Cornell University. He is passionate and active in youth/student/entrepreneur empowerment, and he spent quite a bit of his free time in mentoring for various programs, including McKinsey's Youth Leadership Academy since 2010. He started USAPPS, non profit initiative which has been running since 2006, helping Malaysians to achieve their dreams to study at top US universities.Connect with CC on LinkedInFollow us on LinkedIn for more updatesCheck out Insignia Business Review for more insightsSubscribe to our monthly newsletter for all the news and resourcesDirected by Paulo JoquiñoProduced by Paulo JoquiñoThe content of this podcast is for informational purposes only, should not be taken as legal, tax, or business advice or be used to evaluate any investment or security, and is not directed at any investors or potential investors in any ⁠⁠⁠⁠⁠⁠Insignia Ventures⁠⁠⁠⁠⁠⁠ fund. Any and all opinions shared in this episode are solely personal thoughts and reflections of the guest and the host.

This is part one of a three part call with the Malaysian entrepreneur, coach and investor who previously founded and grew Fave Group and since been supporting other founders through his 1% Advisory and Coaching. Watch part 2TranscriptHe is also a mentor for Insignia Ventures Academy's StartCXO programTimestamps(00:00) Highlights;(02:03) Chen Chow's career from consulting to tech;(03:47) Exposure to the entrepreneurial mindset and early influences(08:06) How Chen Chow was called to start a company;(13:29) Part 2 Sneak Peek;About the guest you are on call with:Yeoh Chen Chow, or known as CC, is now offering advisory, consulting, executive/biz coaching, keynote speaking, fireside chat, workshops via One PerCent Advisory and Coaching (1% Advisory & Coaching). Clients engage CC for office/coffee hour. CC has extensive experience building up startups (Fave, KFit) from scratch, till being acquired by Pine Labs for USD45mil. Through the process, raised fund from ~20 VCs, corporates & angel investors across the region, and acquired/acqui-hired 9 companies, including 3 subsidiaries of Groupon in MY, SG and ID. He has invested in 30+ startups/companies around the region too.His experience from both sides of aisles, give him good perspectives across the whole process. He has worked at global consulting firm, mid-sized startups, multinational companies as well. He is an Eisenhower Fellow and an alumnus of Cornell University. He is passionate and active in youth/student/entrepreneur empowerment, and he spent quite a bit of his free time in mentoring for various programs, including McKinsey's Youth Leadership Academy since 2010. He started USAPPS, non profit initiative which has been running since 2006, helping Malaysians to achieve their dreams to study at top US universities.Connect with CC on LinkedInFollow us on LinkedIn for more updatesCheck out Insignia Business Review for more insightsSubscribe to our monthly newsletter for all the news and resourcesDirected by Paulo JoquiñoProduced by Paulo JoquiñoThe content of this podcast is for informational purposes only, should not be taken as legal, tax, or business advice or be used to evaluate any investment or security, and is not directed at any investors or potential investors in any ⁠⁠⁠⁠⁠⁠Insignia Ventures⁠⁠⁠⁠⁠⁠ fund. Any and all opinions shared in this episode are solely personal thoughts and reflections of the guest and the host.

This is part two of a three part call with the Malaysian entrepreneur, coach and investor who previously founded and grew Fave Group and since been supporting other founders through his 1% Advisory and Coaching.Catch up on part 1TranscriptFollow to stay notified for part 3!He is also a mentor for ⁠Insignia Ventures Academy's StartCXO program⁠Transcript(00:00) Highlights;(01:09) Lessons from Nine Acquisitions;(06:13) Post-Acquisition Integration; (16:00) Being Acquired by Pine Labs;(20:20) Part 3 Sneak Peek;About the guest you are on call with:Yeoh Chen Chow, or known as CC, is now offering advisory, consulting, executive/biz coaching, keynote speaking, fireside chat, workshops via One PerCent Advisory and Coaching (1% Advisory & Coaching). Clients engage CC for office/coffee hour.CC has extensive experience building up startups (Fave, KFit) from scratch, till being acquired by Pine Labs for USD45mil. Through the process, raised fund from ~20 VCs, corporates & angel investors across the region, and acquired/acqui-hired 9 companies, including 3 subsidiaries of Groupon in MY, SG and ID. He has invested in 30+ startups/companies around the region too.His experience from both sides of aisles, give him good perspectives across the whole process. He has worked at global consulting firm, mid-sized startups, multinational companies as well.He is an Eisenhower Fellow and an alumnus of Cornell University. He is passionate and active in youth/student/entrepreneur empowerment, and he spent quite a bit of his free time in mentoring for various programs, including McKinsey's Youth Leadership Academy since 2010. He started USAPPS, non profit initiative which has been running since 2006, helping Malaysians to achieve their dreams to study at top US universities.Connect with CC ⁠on LinkedIn⁠Follow us ⁠on LinkedIn⁠ for more updatesCheck out ⁠Insignia Business Review⁠ for more insightsSubscribe to ⁠our monthly newsletter⁠ for all the news and resourcesDirected by Paulo JoquiñoProduced by Paulo JoquiñoThe content of this podcast is for informational purposes only, should not be taken as legal, tax, or business advice or be used to evaluate any investment or security, and is not directed at any investors or potential investors in any ⁠⁠⁠⁠⁠⁠Insignia Ventures⁠⁠⁠⁠⁠⁠ fund. Any and all opinions shared in this episode are solely personal thoughts and reflections of the guest and the host.

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Thursday, February 13, 2025. This is Nelson John, let's get started. Amid India-China geopolitical tensions, China's Fosun Pharmaceutical is in discussions with three global private equity firms to sell its majority stake in the Hyderabad-based Gland Pharma. Fosun currently owns about 51% of Gland Pharma, after initially acquiring a 74% stake for $1.2 billion. They have hired investment banks Morgan Stanley and UBS to assist with the sale. Global private equity firms Blackstone, Brookfield, and Warburg Pincus are interested in buying this stake, valuing the company at nearly $3 billion. Gland Pharma, founded in 1978, specializes in making generic injectable medicines and serves nearly 90 countries, focusing on India and the U.S. markets. In the December quarter, the company reported revenues of ₹1,384 crore and a profit after tax of ₹204.7 crore.The potential sale is expected to trigger an open offer to Gland Pharma's shareholders, with the buyers aiming to own between 60-65% of the company after the transaction. In a major step toward strengthening digital payment security, the Reserve Bank of India (RBI) has proposed additional factor authentication (AFA) for international card-not-present (CNP) transactions. This means Indian consumers will have an extra layer of security when making payments to foreign merchants—just like they already do for domestic transactions.Now you may wonder what prompted this move by the RBI?It's primarily due to Rising Fraud Cases in international transactions involving unauthorized charges on foreign websites with minimal authentication. Now adding AFA will ensure stronger security standards that safeguard Indian cardholders against such risks.   US-based industrial and aerospace giant Honeywell and Greenko founders-led AM Green signed an agreement on Wednesday to collaborate on manufacturing sustainable aviation fuel (SAF) in India from biofuels, including ethanol, methanol, and green hydrogen. Under this agreement, Honeywell's cutting-edge technology will be leveraged to produce SAF from renewable sources, aligning with global efforts to transition toward greener energy solutions. AM Green, a company backed by the founders of renewable energy giant Greenko, will focus on production and scaling operations in India, catering to both domestic and international markets.The companies will assess the feasibility of making SAF in India to reduce the country's oil import dependence, helping shipping companies adopt the low-emission fuel, and aiding aviation companies to meet International Civil Aviation Organisation guidelines for low-carbon fuel replacements. The global aviation industry is under increasing pressure to cut carbon emissions, and SAF has emerged as a key solution. This partnership strengthens India's role in the green energy revolution, supporting global decarbonization goals while reducing reliance on fossil fuels. Over two dozen Indian startups are expected to go public in the coming months, including big names like Groww, Lenskart, and Zepto, which could see billion-dollar IPOs. Smaller companies like Ather Energy, BoAt, Bluestone, Infra.market, PhysicsWallah, PayU, and Pine Labs are also gearing up for their stock market debuts. This is a jump from last year when only 13 startups, including Swiggy, Ola Electric, and FirstCry, went public. However, market conditions are getting tougher. Investment bankers say startups might need to adjust their IPO sizes and valuations due to recent global economic shifts. The US stock market has been hit hard after President Donald Trump announced new tariffs, leading to uncertainty in global equity markets. India's Nifty 50 index is down 12.5% from its peak last September, with foreign investors selling off shares. Amid tough market conditions and lock-in expiries those looking to invest in upcoming IPOs could also be staring at losses in the short term      At the Maha Kumbh Mela, India's largest spiritual gathering, several startups are seizing the opportunity to engage with the vast influx of pilgrims. Zomato-owned Blinkit has set up a temporary store offering ritual-related items and other essentials. Swiggy's Instamart has established a stall near the Triveni Sangam to serve attendees. PhonePe, in collaboration with ICICI Lombard General Insurance, is providing affordable travel insurance plans tailored for Kumbh visitors. Chai Point has deployed around 175 personnel and 18-20 mini stations, utilizing brewing bots capable of producing 15 liters of tea every 12 minutes, resulting in daily sales of approximately 160,000 cups reports Peiyamvada C. Now these initiatives not only cater to the immediate needs of pilgrims but also serve as strategic moves for brand visibility and customer acquisition. By adjusting pricing and packaging, these startups aim to connect with a broader audience beyond their typical urban clientele, gathering valuable insights for future expansions.

In this episode, we delve into Rajul Garg's inspiring journey from his beginnings as a budding entrepreneur to a successful venture capitalist.Rajul is the founder and managing partner of Leo Capital, a venture fund that invests in early-stage technology companies. A serial entrepreneur turned investor, Rajul co-founded GlobalLogic, a digital engineering services company that was acquired by a Japanese company for $10 billion. He also co-founded Pine Labs, a merchant commerce platform valued at $6 billion, which plans to launch an IPO soon. In addition, he ventured into the edtech space by co-founding Sunstone Eduversity.Akshay Datt, a serial entrepreneur who has run ventures in employability training and hiring, hosts the Founder Thesis podcast. He has interviewed 500+ founders to date.

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Tuesday, 20 August 2024. My name is Nelson John. Let's get started. On Monday, the Sensex was down by 0.02 percent, while the Nifty edged up by 0.13 percent. Women's safety is a prominent issue right now, and corporate India is trying to protect half its workforce. Indian companies are enhancing office safety measures to protect female employees. Priyamvada C and Devina Sengupta write about these Initiatives, which include more helplines, safer travel options like hotel stays near airports during assignments, self-defence training, and gender sensitization classes. Amidst rising harassment cases, firms are now more focused on gender diversity and safety, with measures such as SOS applications and secure transportation partnerships. The importance of creating a safe and inclusive work environment is underscored by reports of women contemplating leaving their jobs due to various workplace challenges. The National Payments Corporation of India, or NPCI, has announced that it would hive off Bharat Interface for Money (BHIM), a payment app based on UPI, into a separate subsidiary. The move aims to boost BHIM's market position amid competition from other UPI apps like Google Pay and PhonePe. The NPCI hopes that with a dedicated team focusing on its development, BHIM's market share will improve. Additionally, BHIM is looking to increase its user base by foraying into the e-commerce sector via the Open Network for Digital Commerce (ONDC), explains Gopika Gopakumar. During his Independence Day speech, Prime Minister Narendra Modi reaffirmed India's aim to achieve 500 gigawatts of non-fossil energy capacity by 2030. This includes renewables and nuclear power. Despite missing a previous target, recent progress indicates India is on track, having added 15 gigawatts in the first half of 2024 alone. Manjul Paul writes that the government's plan to invite bids for 50 gigawatts annually until 2027-28 supports this ambition. With renewables now accounting for 33 percent of India's energy capacity — up from 18% in 2017 — the push towards a greener grid is evident. However, meeting the 2030 goal also requires overcoming challenges like India's reliance on coal and ensuring budget allocations are fully utilized. After leaving his position as CEO of PayU India in 2019, Amrish Rau envisioned starting afresh in India's fintech scene. He approached Sequoia Capital for funding. Instead of funds, he was offered the leadership of Pine Labs by Shailendra Singh, a company well-established in the payments industry with a key focus on point-of-sale terminals and solutions. Samikha Goel writes that Rau was Initially hesitant to build a new venture. But he accepted, recognizing the growth potential and existing 1.6 billion dollar valuation. Under his leadership since March 2020, Pine Labs has soared to a 5 billion dollar valuation, positioning itself as India's fourth-largest fintech firm and contemplating a billion-dollar IPO. This would potentially raise its valuation over 6 billion dollars, marking a significant milestone in India's fintech landscape. As climate change intensifies, it's impacting vehicle reliability. This is pushing the automotive industry to adapt. Manufacturers now prioritize rigorous testing of air conditioning systems and tyres to ensure they withstand extreme weather conditions. For instance, Subros, a leading car AC maker in India, tests products in temperatures up to 55°C, while tyre manufacturers like JK Tyre address challenges in natural rubber production due to weather impacts by initiating projects to secure quality rubber supplies. Alisha Sachdev writes that the rise of electric vehicles  adds another layer of complexity, requiring effective heat management for their numerous electronic components to maintain performance and longevity. This industry-wide push towards resilience and sustainability reflects a proactive response to our changing climate. Show notes:Dressing Pine Labs for IPO: What ‘fintech bully' Amrish Rau can learn from PaytmTransport, timings, SOS: How India Inc is trying to keep women staff safeWhat is NPCI's game plan for BHIM app?  Your car's AC and tyres need a climate-driven upgrade. Here's whyData explainer: India's green energy goals face stiff test 

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.

"In the evolution of employee recognition, we've transitioned from annual bonuses to dynamic R&R programs. Today, it's not just about monetary rewards; organizations celebrate well-being with unique incentives like cars, vacations, and gift coupons. Quality and quantity both earn appreciation, marking a shift towards holistic acknowledgement in the workplace."In this episode of The Shape of Work podcast, we're excited to host Akshansh Bhardwaj, an HR Partner in Analytics at IndusInd Bank. With key roles at Pine Labs, iTV Network, and HCL Technologies, Akshansh, holding a Biotechnology degree from Manipal Academy of Higher Education and an MHROD in Human Resources Development, offers a unique perspective on the intersection of biotechnology and HR. Join us for a captivating conversation exploring the dynamic career landscape and the evolving nature of work with our distinguished guest.In this episode, Akshansh Bhardwaj, HR Partner in Analytics, offers insightful perspectives on the evolution of employee rewards and recognition, emphasizing the shift from traditional bonuses to well-being-centric programs. He discusses the significance of adapting to technological changes, particularly in predictive analytics. The conversation concludes with a focus on future workplace challenges and opportunities. A must-listen for HR enthusiasts and those interested in evolving workplace trends.  Episode HighlightThe transition from yearly bonuses to dynamic R&R programsEmbrace performance points and tokenizationEnhancing satisfaction through personalized reward programsFocus on role orientation and meaningful experiencesAnticipation of evolving workplace trendsFollowAkshansh on LinkedinProduced by: Priya BhattPodcast Host: Riddhi AgarwalAbout 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, and

Paying for things digitally is now a part of daily life – but this wasn't always the case. In 2013, long before the reality of cashless payments had become the norm in many parts of India and the world, Amrish Rau co-founded Citrus Pay, an online payment provider built with a mobile-first focus. This was one of many ventures in his two-decades-long journey to pioneer India's payment ecosystem in the digital age, culminating in his most recent appointment as CEO of Pine Labs. On this episode of Moonshot, Peak XV Managing Director, Shailendra Singh, speaks with Amrish about his early life and how it defined his approach to company-building, his transition from Citrus Pay to Pine Labs, and how building a company with a heart will help a startup as it scales.Show notesIntroduction [0:38]From passbook printer salesman to CEO [4:04]Focus on product-market fit and get cheesy [8:36]Retiring at 40 and other startup exit myths [15:02]The Pine Labs approach to digital payments [21:20]“Be nice to everybody” and other advice for startup founders [26:30]Stay unsatisfied [29:10]

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

#ula #ecommerce #Internet #Indonesia Ula's Nipun Mehra: Conquering Indonesia's Vast and Fast-Growing E-Commerce Market  Nipun Mehra, the Founder and CEO of Indonesia-based e-commerce firm Ula, came to entrepreneurship late in life, having first worked at Sequoia Capital, Flipkart, Pine Labs, Amazon and Boston Consulting.  The delay didn't hurt though, with Ula now counting Jeff Bezos, Prosus Ventures, Tencent and B-Capital Group among its investors, hoping to capture a portion of the $300B+ retail market in the region. This is his story and life- and business lessons.  (This interview was part of a collaboration with CGS-CIMB and Endeavor Malaysia as part of the 'Thought Inspire' Series, filmed at the Asia School of Business, a partnership between MIT Sloan School of Management and Bank Negara Malaysia.)  ---  CONTENTS  00:00:00 - Intro 00:00:53 - Which Came First: Employment or Entrepreneurship?  00:03:22 - Get a Job First?  00:05:05 - When Was the Plunge Taken?  00:06:11 - Which Skills Were Most Valuable?  00:07:15 - What Do Blue-Chip Investors Like Sequioa Seek in Entrepreneurs?  00:12:49 - Does Academic Excellence Matter?  00:15:31 - Should Entrepreneurs Expand to Indonesia, ASEAN's Biggest Market?  00:18:24 - In New World Order, Should Entrepreneurs Pivot to Profit Instead?  00:22:08 - How To Choose A Market to Operate In?  00:28:46 - In Tech, Layoffs & Cost Cuts. Discuss.  00:31:19 - Have Valuations Suffered in the Current Market Conditions?  00:34:48 - Managing Investors When Valuations Fall  00:38:27 - Where to List? Asia or US?  00:42:36 - Why Did Jeff Bezos Invest in Ula (And In His Personal Capacity)  00:45:31 - Nipun's 60-Second Pitch to Amazon's Jeff Bezos  00:46:20 - What Does it Take to Succeed in Indonesia?  00:48:18 - How to Scale In Indonesia  00:49:26 - How to Develop Expectations Jointly With Investors  00:52:40 - What Are Tencent's Expectations?  FOLLOW NIPUN HERE:  LinkedIn: https://t.co/8lI1IVZcuf  Twitter: @nipunmehra  Endeavor: https://endeavorindonesia.org/nipun-mehra/  --- Follow Chuang here: URL: http://www.domore.my/ LinkedIn: https://www.linkedin.com/in/hsu-chuang-khoo-ab199343/ FB: https://www.facebook.com/khoo.chuang/ IG: https://www.instagram.com/khoohsuchuang .. Follow DoMore here: WEBSITE: https://www.domore.my/ YOUTUBE: https://www.youtube.com/c/DoMoreTakeChargeofYourLife ITUNES: https://apple.co/2lQ47mS GOOGLE PLAY: https://bit.ly/3b1l8iO SPOTIFY: https://tinyurl.com/y6zufvcp PODBEAN: https://domoreasia.podbean.com/ INSTAGRAM: https://www.instagram.com/domore.asia/

In a career spanning 25 years, Amrish Rau has been on multiple sides of the leadership equation. He's been a corporate leader, founder, professional CEO and angel investor. As the CEO of Pine Labs, the payments solution provider whose point of sale terminals can be seen in most Indian shops and stores, Rau says his ambition is to “make money from every transaction”.In 2016, Citrus Pay, an online payments provider Rau co-founded, was acquired by rival PayU for $130 million in cash. It was one of the biggest acquisitions back then.But Rau says it is also one of his biggest regrets. As a first-time founder, he made the decision to sell his company too quickly. As an entrepreneur, he says, “at the end of the day, you need your own horse and your own carriage. And you need to be able to hug it every day and saying, this is mine.”In this wide-ranging conversation Rau touches upon a range of topics. From creating corporate cultures to “FU money” to risk-taking to the evolution of fintech, there's interesting themes every few minutes.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.

India's digital payment ecosystem is taken by storm as the RBI opens the floodgates to a much-awaited discussion - Should transactions be free or paid for? Fintechs, banks and the digital ecosystem weighs in even as the government stands pat that UPI will remain free. Host Anupriya talks to Amrish Rau, CEO at Pine Labs, Rajnish Kumar, Chairman BharatPe, Akhil Handa, Chief Digital Officer at Bank of Baroda & Saloni Shukla, Deputy Banking Editor at The Economic Times Credits:- ET NOW, India in PixelsSee omnystudio.com/listener for privacy information.

Check out Ditto Insurance and book a call with their team for free by clicking on the link - https://bit.ly/3QiQi9L 00:00 Introduction 00:12 Ola Drivers Go to Court against Company 03:45 Startup Spotlight 05:14 Bird's Eye Segment 07:01 OYO Acquires Danish Vacation Home Company 07:21 Mswipe receives RBI's nod for payment aggregator license 07:53 Sponsored Segment 11:01 Side Note This week in Indian Startup News, Ola Drivers allege Fraud by company, OYO Acquires Danish Vacation Home Company To Expand in Europe, Mswipe receives RBI's nod for payment aggregator license. In Startup Spotlight, we have EdTech unicorn upGrad, who have recently raised $210 Million and are planning to hire 3000 more employees over next few months. In Funding news we have, upGrad, Clevertap, Jodo, Lenskart and 8 other Indian startups raise more than $1 Million. Ola Drivers Go to Court against Company: Ride hailing giant Ola is under big legal trouble as hundreds of it's former drivers have alleged that the company has committed fraud, and they are now going to Allahabad high court against the company. So the whole issue started when Ola started leasing out cars to the drivers under it's subsidiary company Ola Fleet Technologies and it gave 4 years times to drivers to make payment in the form of daily rentals. Due to COVID, when it couldn't happen, Ola started taking back cars from these drivers and so now these drivers are taking legal route. (https://inc42.com/features/how-indias-cabbies-are-fighting-legally-against-mobility-giant-ola/) Startup Spotlight - upGrad: upGrad has recently announced closing of a funding round of $210 Million and they had earlier announced that they will be hiring 3000 employees in the next three months. One reason, where upGrad seems to make itself stand apart from other edtech players, is instead of focusing on TAM (total addressable market), which a lot of major edtech players focus on, upGrad focuses on profitability. (https://economictimes.indiatimes.com/tech/funding/edtech-unicorn-upgrad-raises-210-million-from-marquee-investors/articleshow/93413012.cms) Funding this week: This week saw at least 12 Indian startups raising more than $397 Million. Edtech Sector - upGrad raised $210 Million SaaS startups - CleverTap raised $105 Mn Fintech startups - Jodo raised $15 Million OYO Acquires Danish Vacation Home Company To Expand in Europe: Hospitality giant OYO has announced acquisition of Danish vacation home company ‘Bornholmske Feriehuse'. This acquisition will allow OYO to expand it's footprint in Europe. This company, Bornholmske Feriehuse, manages around 737 vacation homes in Denmark and now all of these properties will be listed on OYO's platform. (https://inc42.com/buzz/oyo-acquires-danish-vacation-home-company-bornholmske-feriehuse-to-expand-footprint-in-europe/) Mswipe receives RBI's nod for payment aggregator licence: After Razorpay, Pine Labs and Innoviti, now payment startup Mswipe has received a payment aggregator license from RBI. Currently Mswipe is a mobile point-of-sale (mPOS) network provider for merchants and its target market is mainly MSMEs of India. Currently, it helps them to accept card payments from smartphones and feature phones and now with payment aggregator license, they will be working on building an in-house online payment gateway, which will be able to offer full-stack payment solutions to offline and online merchants. (https://www.business-standard.com/article/finance/mswipe-technologies-gets-rbi-approval-for-payment-aggregator-s-licence-122080901096_1.html)

This week in Indian Startup News, Swiggy Delivery Partners Go On Big Strike, Innoviti Gets Payments Aggregator License from RBI, Arzooo To Launch B2C Platform To Help Offline Stores. In Founder Spotlight, we have the founder of Bambrew, Vaibhav Anant - who started a company to remove single use plastic, after watching a video of a marine biologist removing a plastic straw stuck in a sea turtle's nose. In Funding news we have, Jai Kisan, SuperShare, ChattyBao, Tracecost and 8 other Indian startups raise more than $1 Million. 00:00 Introduction 00:11 Swiggy Delivery Partners Go On Big Strike 05:14 Founder Spotlight 06:50 Bird's Eye Segment 08:17 Innoviti Gets Payments Aggregator License from RBI 08:43 Arzooo To Launch B2C Platform 09:15 Sponsored Segment 10:25 On a Side Note Swiggy Delivery Partners Go On Big Strike: Last week, thousands of Swiggy delivery partners went on a strike in Bengaluru and later the same thing in Mumbai and now it's happening in Delhi. They have three main demands; higher payouts, recognition as employees rather than ‘partners', and a face to face communication with management. And it is not that only Swiggy is facing this. Even delivery partners of Dunzo have announced a strike. (https://www.newsclick.in/Swiggy-Delivery-Partners-strike-Bengaluru) Founder Spotlight - Vaibhav Anant: This week for the founder's spotlight we have Vaibhav Anant, who is the founder of Bambrew. Vaibhav came across a similar video of a marine biologist removing a plastic straw stuck in a sea turtle's nose. And this video affected Vaibhav so much that he quit his job as Associate Vice-President at a leading edtech company, and decided to work on eco-friendly packaging. Bambrew uses its proprietary technology to provide alternatives to ecommerce mailer bags, food packaging in the F&B industry, pouches and foldable cartons in the FMCG industry and PVC in the pharmaceutical industry. Funding this week: This week saw at least 12 Indian startups raising more than $48.6 Million. Fintech Sector - Jai Kisan raised $18 Million Online Content startups - SuperShare raised $6.5 Mn Hyperlocal startups - ChattyBao raised $7.5 Million Innoviti Gets Payments Aggregator License from RBI: Bengaluru based Fintech startup Innoviti has received authorisation from the RBI to operate as a payment aggregator. As many as 185 companies had applied for this payments aggregator license from RBI, it includes CRED, Razorpay and PhonePe. Earlier this month, the RBI granted the licence to Razorpay, Pine Labs and Stripe. RBI is soon going to announce the names of other startups who have received this licence. (https://economictimes.indiatimes.com/tech/startups/innoviti-gets-rbi-nod-for-payment-aggregator-licence/articleshow/93118715.cms) Arzooo To Launch B2C Platform To Help Offline Stores: B2B retail tech startup Arzooo is all set to launch a new B2C platform. According to a source quoted by Inc42, the startup is planning to invest around $6 Mn-$8 Mn for this and this platform will help offline retail stores to connect with customers. Currently, Arzooo is a B2B retail tech platform and it helps offline retailers, particularly in the consumer electronics segment, solve their sourcing problems and buy different products from a single platform. (https://inc42.com/buzz/retail-tech-startup-arzooo-to-launch-b2c-platform-with-6-mn-8-mn-dollar-investment/)

Sign up for my Daily Fintech or Daily Digital Banking Newsletters here. Check out my latest podcast episode below: Welcome to another episode of our Daily Fintech Podcast. THE NEWS HIGHLIGHT OF THE DAY IS Digital Bank Volt Bank shuts down. The chief executive of failed neobank Volt still believes there is merit in trying to disrupt Australia's banking oligopoly, saying his firm's technology and products were competitive, but it just couldn't raise the capital to keep growing. JUST IN: Atlantic Money has secured a license with the National Bank of Belgium to operate in Europe and access all 30 EU and EEA member states. ALSO: Amount, a fintech that reached unicorn status last year, has laid off 18% of its workforce.. WHAT ABOUT FUNDING ROUNDS AND INVESTMENTS? Paris-based cybersecurity insurtech Stoïk has raised €11m in a Series A round led by US investment giant Andreessen Horowitz. Greenfield Partners, a Tel Aviv, Israel-based investment firm, closed new investment funds totaling $350m. Blockchain fintech firm PolySign, Inc. has raised $53 million in a Series C funding round. WHAT ABOUT CRYPTO? Wirex announced that it is operational in the UK again, following “discussions” with the UK Financial Conduct Authority (FCA). LET'S HEAR ALL ABOUT MERGERS AND ACQUISITIONS: Delhi-based merchant commerce platform Pine Labs announced that it is acquiring Bengaluru-based API start-up Setu. NOW, LET'S COVER NEW LAUNCHES AND FEATURES. StellarFi

Last week, Apple informed its customers in India that it will no longer store their card information on file and will not be accepting payments made by debit cards and credit cards for purchases or subscriptions on the App store or other Apple services in light of the upcoming RBI regulations.  It will still be accepting payments through UPI. The decision of the US giant surprised many. But not those who are scrambling to meet the RBI deadline on tokenisation of cards which is June 30, 2022. Come July 1, merchants, payment aggregators, payment gateways and acquiring banks can no longer store the card details of customers. Only card issuing banks and card networks can store the actual card data.  With businesses still reeling with the disruption caused by RBI's rules for card-based recurring payments that came into effect January 1 this year, another storm is brewing for them. Businesses and other entities that have stored any such data will have to purge them and apply tokenisation. Tokenisation is the replacement of a card number with an alternative code called the “token”. Once created, the tokenised card details will be used in place of the actual card number for online purchases initiated or instructed by the cardholder. A tokenised card transaction is considered safer as the actual card details are not shared with the merchant during transaction processing. It will cut the chances of card information leakage. For transaction tracking and reconciliation purposes, entities can store the last four digits of card number and card issuer's name. The customer's consent and OTP-based authentication is required for creating a token. A customer can, however, still choose not to tokenise his or her card. In such a case, customers will have to enter complete card details everytime they make a payment. This could lead to a decline in revenues for merchants as a significant number of conversions happen through saved cards. First RBI deadline to tokenise the card details was June 30, 2021. But at the request of merchants and payment aggregators, as well as card companies and banks, it was extended to December 31, 2021. And the deadline was again extended by six months. Earlier this month, Paytm said it had tokenized 2.8 crore cards across Visa, Mastercard and Rupay, accounting for 80% of monthly active cards on the the app. Other businesses are also nudging users to tokenize their cards in order to enjoy a seamless experience from July 1.   For instance, everytime a user opens the Swiggy app, he is greeted with a message at the bottom of the screen to secure his cards before June 30.  PayU, Razorpay, PhonePe, Worldline, Cashfree Payments and Pine Labs are among the companies that have come up with tokenisation solutions to help businesses transition to the new framework. Khilan Haria, VP and Head of Payments Product, Razorpay told Business Standard said that Visa, Mastercard, Rupay and Diners Club have gone live on its tokenisation platform with American Expresses expected to go live soon. However, it is not just card networks, but card issuing banks too have to come onboard.  With just about five weeks to go, where does the payments ecosystem stand in terms of its preparedness? Speaking to Business Standard, Khilan Haria, VP and Head of Payments Product, Razorpay says, he doesn't expect any large scale disruptions from July 1. According to him, 100% of Razorpay merchants are live on its tokenisation solution, and post tokenisation, card networks are ready to process transactions at scale. Majority of the banks are also expected to be ready, he added. Meanwhile, a lack of compliance by banks with RBI's rules on recurring payments is already leading to a large number of recurring transaction failures.   Razorpay's Haria said it would take about 6-9 more months for reaching the stabilisation phase where coverage would be near complete. Several banks are yet to integrate with m

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.

Vedanta, Foxconn to invest $7.4 billion to build India chip foundry In a move that could give India at least a toehold in the global semiconductor fabrication market, Vedanta Group and Foxconn are partnering to build a chip foundry in India that could be ready as early as 2024, Economic Times reports. The fab will focus on 28nm technology to make chips that could go into smartphone components, among other things, and Vedanta Group will invest $7.4 billion in the project, according to ET. Apple expected to release new laptops with the faster M2 chip Apple is gearing up to release several new Macs with an M2 chip later this year, according to Bloomberg reporter Mark Gurman's Power On newsletter. The company will debut a 13-inch MacBook Pro, Mac Mini, 24-inch iMac, and a redesigned MacBook Air, all running on the new M2 chip, and Gurman expects the new chip to be slightly faster than its predecessor. He expects the M2's CPU to also share the same eight-core architecture as the M1, but have more graphics cores. In more Apple news, some retail employees are beginning to quietly unionise, in part because hourly wages have remained stagnant while Apple's profits have soared, Futurism reports, citing news from the Washington Post that is behind a paywall. Two store locations are preparing to file paperwork with the US National Labor Relations Board and more are in earlier stages, and many of the organisers have switched to Android phones to avoid any potential spying from Apple, according to the report. Pine Labs raised $150 million at the valuation of over $5 billion Pine Labs has raised $150 million in a mix of primary and secondary funding from Alpha Wave Global, in a deal that values the New Delhi fintech company—headed for an IPO—at more than $5 billion, Economic Times reports. The equity and secondary investments are about half and half, according to ET. CRED in talks to invest in smallcase In more fintech startup news, CRED, entrepreneur Kunal Shah's credit card and data company, is in talks to invest in another Bangalore startup, smallcase that helps people invest in small, curated baskets of stocks, TechCrunch reports. CRED's proposed investment values smallcase in the range of $300 million to $400 million, according to TechCrunch. smallcase is backed by investors including Amazon, Sequoia Capital and Zerodha, India's biggest online broker. BigBasket acquires Kerala startup Agrima Infotech BigBasket, India's biggest online grocer, has acquired Agrima Infotech, a startup incubated by Kerala Startup Mission, which has developed a customer vision technology platform, the company said in a press release. BigBasket will implement Agrima's technology at the self-checkout counters of its offline stores—a segment that the company has been looking to expand into, after its acquisition by the Tata Group last year. Theme music courtesy Free Music & Sounds: https://soundcloud.com/freemusicandsounds

This week in Indian startup news, Pine Labs files for confidential IPO in the US, Edtech startups looking to self-regulate the edtech sector and GlobalBees acquire three more D2C brands. In funding news, Lead School raises $100 million to become a unicorn, Refyne raises $82 million, FPL Technologies raises $75 million, and Curefoods raises $62 million. Pine Labs files for confidential IPO in the US: Indian fintech giant Pine Labs, which offers an end-to-end payment solution for merchants, has filed for a ‘confidential' IPO in the US - planning to raise around $500 million which would value the company anywhere between $5.5 to $7 billion. Unlike traditional IPOs, while filing a confidential IPO – a company does not need to disclose any details or their DRHP to the public until it is approved by the regulatory body. Edtech startups looking to self-regulate the edtech sector: A few weeks back, the Indian government had issued an advisory for parents and students - cautioning them against misselling done by some edtech companies. Amid all this, 15 edtech companies which include some of India's biggest edtech startups like Byju's, Unacademy, Vedantu, and upGrad have come together to set up an autonomous body called ‘India EdTech Consortium' under the Internet and Mobile Association of India (IAMAI). With this, these companies want to create a self-regulatory code for the industry and adhere to a ‘common code of conduct'. GlobalBees acquires three more D2C brands: Thrasio-style D2C house of brands unicorn GlobalBees has acquired three more D2C brands this week - including The Butternut Company (a healthy snacks brand), Mush (a sustainable clothing brand) and Strauss (a sports and fitness equipment brand). With these acquisitions, GlobalBees already has 11 brands in their portfolio. The startup plans to acquire more than 100 brands within the next three years - across categories like FMCG, sports, lifestyle and home organisation. Lead School raises $100 million to become a unicorn: Edtech startup Lead School, which is focused on providing technology solutions to schools enabling them to conduct online classes via virtual classrooms, has raised $100 million in a round led by GSV Ventures and WestBridge Capital – making them India's 3rd unicorn this year. Refyne raises $82 million: Early wage access platform Refyne, which allows employees to access their salaries on-demand without waiting for the end of the month, has raised $82 million in a round led by Tiger Global Management. FPL Technologies raises $75 million: Fintech startup FPL Technologies, which operates credit scoring platform OneScore and issues its own credit card called OneCard, has raised $75 million from QED Investors, Janchor Partners, Sequoia Capital India, Matrix Partners and Hummingbird Ventures at a $750 million valuation. Curefoods raises $62 million: Cloud kitchen startup Curefoods has raised $62 million from Iron Pillar, Chiratae Ventures, Sixteenth Street Capital, Accel Partners and Binny Bansal (Flipkart co-founder).

This is our Monday show, our short ramp into the week. Yes, it's Monday again. No, you can't stay in bed. Things are already happening!Take-Two is buying Zynga: In a cash and stock deal worth around $12.7 billion (enterprise value), the transaction has delighted Zynga shareholders and bummed out Take-Two's own.Paytm is taking shots, as other 2021 IPOs slim down.The macro environment that startups exist in is about to change for the first time, from a monetary perspective.Pine Labs is looking to go public in the United States, China venture capital data is looking pretty strong, Assent Compliance raised a huge round, and Arive is apparently a thing.All that and we are just getting ready for earnings season, so stay hype as there is a lot of data coming in short order.Welcome to the week! The Equity team is entirely back from vacation now, and we are ready to freaking rock this year. Let's kick some ass!

Shruti Talks about what makes a good product , Roles & Responsibilities of a PM , Coming up with goals and measuring success , Knowing when to launch and much more.

While the Buy Now Pay Later (BNPL) service has been gaining traction and recognition as an alternative payment method, there are also concerns surrounding it such as incurring unnecessary debt and spending beyond one's means. Amrish Rau, CEO, Pine Labs provides an overview of the BNPL landscape, the effectiveness of regulatory frameworks on its usage, and some of the possible impacts.  See omnystudio.com/listener for privacy information.

Welcome to #46 episode of The Startup Operator Roundup. Today we have Roshan Cariappa and Gunjan Saha discussing - 1. Policies & Government Push 2. Unicorns this week: Mobikwik, Car Dekho 3. Tata Motors & EV Tech 4. Pine Labs launches Plural 5. Deep-dive into India Crypto Landscape and more! Click here to get regular updates on WhatsApp: https://wa.me/message/ZUZQQGKCZTADL1 Hit the like button if enjoyed this roundup, and do not forget to share among your operator friends! Listen to our interviews and conversations with investors, operators, and founders on your favourite podcast platforms. #startups #unicorns #technology #roundup #podcast #news --- Send in a voice message: https://anchor.fm/startup-operator/message

On this special 150th episode of Shunya One, Shiladitya and Amit are joined by Amrish Rau, CEO of Pine Labs. They talk about the early days of Amrish, what was the next big thing he saw was going to blow up and how he came up with the idea of Pine Labs. Amrish explains what the company is, what it does, having massive ambitions, why digital QR code is a thing of the future; and what is BNPL and why it is the coolest thing. Shiladitya and Amit ask Amrish about the biggest underlying reasons for fintech growing in India and if Pine labs will do something in the Crypto space. Tune in for this and much more on this informative chat.Follow Pine Labs Linkedin & Twitter:https://www.linkedin.com/company/pinelabs/https://twitter.com/pinelabsFollow Amrish Rau on Linkedin & Twitter:https://www.linkedin.com/in/amrish-rau-4158339/https://twitter.com/amrishrauTweet to hosts @shiladitya & @doshiamit for your questions or reactions to this episode.http://ivmpodcasts.com/shunyaoneYou 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://www.ivmpodcasts.com/

Yeoh Chen Chow is the co-founder of Fave, next generation fintech loyalty platform in South East Asia. Fave was acquired by Pine Labs in April 2021. In this episode, I speak with Chen Chow about his entrepreneurial journey in cofounding South East Asia's leading fintech loyalty company, successes, failures, and key takeaways through it all. This is one episode you cannot miss, enjoy!

Anirudh Singh sits down with Peter Sanborn, Head of Corporate Development at PayPal and Managing Partner of PayPal Ventures. In this episode they discuss: - Peter's early career at HSBC - Transitioning to PayPal and launching PayPal Ventures - Developing a thematic investing approach - Leveraging PayPal's broader network to invest globally And much more! Peter Sanborn: Peter Sanborn serves as Vice President, Head of Corporate Development at PayPal and Managing Partner of PayPal Ventures, responsible for identifying, evaluating and executing global M&A and corporate venture capital investments. At PayPal since 2014, Peter is focused on the intersection of financial services, commerce and technology and on providing strategic thought leadership and business insights within PayPal and to PayPal's venture portfolio companies as an investor & board observer. He has led or helped manage the acquisitions of Honey, Xoom, Hyperwallet, Swift Capital, Happy Returns and Paydiant as well as investments in Acorns, Toss, Pine Labs, Tala, Paidy, Paxos, Neon, Divvy, Flutterwave and MercadoLibre. Prior to PayPal, Peter worked in financial services at HSBC for over nine years in Asia (Hong Kong) and Latin America (Mexico City) in M&A/investment, strategy, finance and investor relations roles. Peter enjoys working with passionate entrepreneurs and serves as an advisory board member for Village Capital's US Fintech program and as a mentor in the Endeavor network. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech LinkedIn: www.linkedin.com/company/wharton-fintech-club/ WFT Twitter: twitter.com/whartonfintech Anirudh's Twitter: twitter.com/avsingh_24

This week in Indian Startup News, Zomato IPO date and Paytm IPO update, CCI could probe Zomato and Swiggy for anti-competitive behaviour, Ather Energy's plans to compete with Ola Electric, Flipkart's foray into social commerce, MPL to enter the US market and PlaySimple gets acquired for a whopping $360 million. In funding news, Pine Labs closes $600 million round, Digit Insurance raises $200 million, Licious raises $192 million and Furlenco raises $140 million. Zomato IPO date and Paytm IPO update: Zomato's IPO is all set to launch on July 14th – offering shares worth Rs 9,375 crore ($1.25 billion) for sale – valuing the food delivery giant at around $9 billion. However, since Zomato is a loss-making company – retail investors will only have access to 10% of these shares. Also, Paytm is expected to file for IPO later this month. CCI could probe Zomato and Swiggy for Anti-Competitive behaviour: National Restaurants Association of India (NRAI) has asked the Competition Commission of India (CCI) to probe Zomato and Swiggy for anti-competitive behaviour – accusing them of deep discounting and data masking. Ather Energy's plans to compete with Ola Electric: While Ola Electric is busy doubling down on their electric scooter manufacturing facility, their competitor Ather Energy is also ramping up the capacity of their manufacturing facility from 110,000 to 500,000 units by the end of 2022. They have already set aside $87 million for their factory and are also expanding their charging network from 140 to 500 by the end of this year. Flipkart's foray into social commerce: E-commerce behemoth Flipkart has launched its own social e-commerce platform Shopsy to empower 25 million entrepreneurs by enabling them to set up their own businesses by 2023. MPL to enter the US market: After a successful run in India and foray in Indonesia, Mobile Premier League (MPL) is now expanding into the US to replicate their success through their paid games and competitions. PlaySimple gets acquired for a whopping $360 million: Swedish gaming firm Modern Times Group (MTG) has acquired Indian mobile gaming startup PlaySimple in a deal worth a whopping $360 million – making it one of the biggest exits in the Indian startup ecosystem. Pine Labs closes $600 million round: Digital payments and commerce platform Pine Labs has raised $600 million in a round led by Fidelity and BlackRock as they look to IPO in the next 18 months. Digit Insurance raises $200 million: Insurtech startup Digit Insurance has raised $200 million in a round led by Sequoia Capital India and IIFL Alternate Asset Managers at a valuation of $3.5 billion. Licious raises $192 million: Fresh meat and seafood delivery startup Licious has raised $192 million in a round led by Temasek and Multiples Private Equity. Furlenco raises $140 million: Online furniture rental startup Furlenco has raised $140 million in a round led by Zinnia Global Fund.

Pine Labs, which provides digital payments technologies to merchants, has closed a $600 million funding round that values the Noida fintech company at $3.5 billion. Rival PayU may be in talks to acquire BillDesk for as much as $4 billion. And in today's tech conversation, CEO Sameer Sawarkar talks about the next phase of growth at Neurosynaptic Communications

eicker.TV - Pressefreiheit in Europa, GitHub Copilot, ManoMano, Pine Labs - Frisch aus dem Netz. Weiterführende Links und Zitate zu allen angesprochenen Themen finden sich immer via eicker.media und für diese Folge direkt unter: https://eicker.digital/eicker-tv-pressefreiheit-in-europa-github-copilot-manomano-pine-labs/ eicker.TV ist der Videokanal von Gerrit Eicker und eicker.digital zu Technews und Netzpolitik. Wir sprechen Online. Frisch aus dem Netz. https://eicker.digital Wir sprechen Online. - eicker.TV - https://YouTube.com/eickerTV - eicker.video - https://TikTok.com/@eickerTV - eicker.pictures - https://Instagram.com/eickerTV - eicker.news - https://SoundCloud.com/eickerTV - https://Twitter.com/eickerTV #eickerTV #Pressefreiheit #Europa

Arjun Patnaik is Head of Pricing & Commercial Finance at Pine Labs. He used to work at GE as an Audit Manager.  In this episode, Arjun talks about how the role of pricing is richer in subscription businesses than any traditional business as it allows you to pull many pricing levers. He shares how triangulating the three important factors of knowing your value, communicating it, and figuring out people's willingness to pay drives the whole point of pricing.    Why you have to check out today's podcast:  Learn to differentiate and understand how pricing works in a traditional versus subscription business Learn about the whole customer lifecycle and lifetime value in pricing subscription Find out the three pillars of subscription pricing where everything flows from there   “Don't undervalue yourself. Don't leave money on the table. Do the hard work. Don't just go for a cost-plus or competition-based pricing. Spend the time, talk to your customers, understand their value equation and willingness to pay. It's going to pay off. So, spend time, money, and effort on pricing, and it will pay you back.”   - Arjun Patnaik    Topics Covered:  01:46 - Arjun's accidental entry into the world of pricing  02:46 - What pricing for him is  03:56 - What was GE's pricing approach, as he used to work there  06:13 - How was it like for him moving from cost-plus pricing to value-based pricing  08:51 - Why is the role of pricing much richer in subscription business than any regular sales business  10:18 - What he thinks of subscription pricing  14:11 - The business he was involved in at GE  14:56 - Talking about businesses transitioning from traditional ones to subscription  15:58 - His thoughts over Finance people being the wrong people to run pricing  17:59 - The need to marry data and solid customer research    Key Takeaways:  "When I think about pricing, I need to think about the whole customer lifecycle, especially in my business, right? So, I need to think about, at what price is my sales team acquiring customers efficiently? So, at what price can I maximize productivity and lower the cost of acquisition? - Arjun Patnaik  "Beyond just the core product that I'm selling, which I'm getting the recurring revenue for, how do I sell more services to this customer because it's much easier, you get a much larger bang for the buck, monetizing compared to acquiring." - Arjun Patnaik  "I think that's why we need to marry data, which we have an abundance of, with solid customer research. Because if someone says the customer wants this versus that and they're not able to prove that, it just comes down to, like, a bit of faith, experience, and gut feel. But then I just believe in customer research, and there are so many tools in pricing to figure out what the price range is." - Arjun Patnaik    Resource Mentioned:  GE: https://en.wikipedia.org/wiki/General_Electric   Connect with Arjun Patnaik:  LinkedIn: https://www.linkedin.com/in/arjun-patnaik-63abb56/   Connect with Mark Stiving:    Email: mark@impactpricing.com LinkedIn: https://www.linkedin.com/in/stiving/

Today, we have Mr. Gaurav Bhushan Sharma in the second episode of To A Talk Season 2. He is currently the Senior Vice President-Growth at Pine Labs. He has also served as the Vice President-Marketing at Paytm. As an Alumni of IIM Ahmedabad, his insights towards the field of Marketing are incredible and he is a great Market enthusiast. We had an opportunity to interact with him on how brands actually influence the buyers' purchase decisions. He throws light on how Marketing used to be different say a 100 years back and how things changed as time flew. How new ventures enter the market with a low budget where Marketing involves huge expenditure. Look out for some subtle marketing cues, which we tend to oversee in our day-to-day lives, even though they are right in front of our eyes, and which in some way or the other impact our purchasing decisions. How Brands Influence Your Decisions Ft Gaurav Bhushan Sharma

In November 2020, PhonePe had about 250 million registered users. In the next six months, the company added 50 million more, taking the total count to 300 million users. With over 125 million monthly active users and transactions worth over $390 billion (May 2021) happening over its platforms, PhonePe is the largest payments company in India. The company has set an ambitious target of getting to 500 million Indians by 2023, which is nearly half the country's population. With such a large user base, every new product and feature needs to be well thought through. How does PhonePe approach product management and prioritize building the right features? How does it balance agility and still get scale right? In this episode, Vishal Gupta, the head of products at PhonePe, dives deep into these questions. Tune in.Get $10,000 free credits to use Freshworks products (including the brand new Freshworks CRM packed with AI-based lead scoring, phone, email, activity capture, and more) by joining the Freshworks for Startups program. Click here to check eligibility.About the GuestVishal Gupta heads Product at PhonePe. Before PhonePe, Vishal was Director - Product Management at Flipkart, where he led Flipkart money and payments. Before that, he was GM for returns at Flipkart and was also instrumental in delivering the supply chain product. Vishal has built and scaled products at leading organizations such as Pine Labs, AOL & Schlumberger. He has 21 years of industry exposure in telecom, retail, e-commerce, social & payments. Vishal holds a Bachelor's degree in Electronics Engineering from the University of Pune and is also an alumnus of IIM Bangalore's Executive General Management Programme.Sign up for regular updates from The Orbit Shift Podcast.The Orbit Shift Podcast is powered by Freshworks Inc, a global SaaS company headquartered in San Mateo, California. If you enjoyed listening to this podcast, consider giving us a five-star rating on Apple Podcasts. Host and Producer - Jayadevan PKAssistant Producer - Shashwath JAudio Engineer - Rajesh Subramanian  

This week in Indian Startup News, Ola launches EV category in London, Simple Energy to launch their Ather 450X killer - Mark 2, PUBG starts pre-registrations, Made in India cryptocurrency Polygon makes it among the global top 20, Emeritus acquires iD Tech and PhonePe looking to acquire Indus OS. In funding news, Pine Labs raises $285 million, Moglix raises $120 million, Lenskart raises $95 million, GOAT Brand Labs in talks to raise $20 million, Agnikul Cosmos raises $11 million and another space tech startup Skyroot Aerospace raises $11 million. Ola launches EV category in London: Ola has launched the EV category for their customers in London – allowing them to book electric vehicles exclusively. The company claims to have onboarded 700 drivers already and they are hoping to get more drivers soon as they are not going to charge any commission from their drivers for the first three months. Simple Energy to launch their Ather 450X killer - Mark 2: Simple Energy is launching its electric scooter Mark 2 on 15th August (Independence Day). With a range of 240 km and a top speed of 100 km/hr, Mark 2 is priced at Rs 1.1 lakh – making it a perfect competitor to Ather 450X. PUBG starts pre-registrations: After months of wait and trying to launch PUBG India, the game is finally back as Battlegrounds Mobile India. While the official launch date is yet to be announced, the game has started pre-registrations. Made in India cryptocurrency Polygon makes it among the global top 20: Polygon (formerly known as Matic Network) has a market capitalization of $13 billion – making it the 15th largest cryptocurrency in the world. Its market cap has grown 10X since February. Emeritus acquires iD Tech: Edtech startup Emeritus has acquired iD Tech for $200 million as it looks to enter K12 learning and eyes the US market – pitting them against Byju's Future School. PhonePe looking to acquire Indus OS: PhonePe is in advanced talks to acquire Indus OS for $60 million as it looks to strengthen its mini-app store ‘Switch' and eyes its own super app. Pine Labs raises $285 million: Digital commerce and payments platform Pine Labs has raised $285 million from the likes of Marshall Wace, Baron Capital Group, Duro Capital, Moore Strategic Ventures & Ward Ferry Management at a valuation of $3 billion. Moglix raises $120 million: B2B ecommerce startup Moglix has raised $120 million led by Falcon Edge Capital and Harvard Management Company – making it India's 12th unicorn this year. Lenskart raises $95 million: Omnichannel eyewear brand Lenskart has raised $95 million from KKR as it plans to expand abroad and strengthen its VR technology. GOAT Brand Labs in talks to raise $20 million: GOAT Brand Labs is expected to raise $20 million from Tiger Global, Mayfield Fund and Flipkart's venture fund. Agnikul Cosmos raises $11 million: Space tech startup Agnikul Cosmos has raised $11 million led by Mayfield India as it gears up to become India's first private company to launch satellites in space next year. Skyroot Aerospace raises $11 million: Space tech startup Skyroot Aerospace has raised $11 million led by Greenko Group founders Anil Kumar Chalamalasetty and Mahesh Kolli for the development of their Vikram rocket.

Ouça nosso compilado semanal das principais notícias que aconteceram no cenário fintech no Brasil e no mundo! O Boletim conta com o patrocínio da Conductor, plataforma líder na América Latina em meios de pagamento e Banking as a Service. A Conductor atende as principais fintechs, bancos, varejistas e diferentes empresas, permitindo que ofereçam soluções de pagamento inovadoras a seus clientes. Acesse www.conductor.com.br e entenda melhor como transformar o seu negócio! Nesta edição: - A Divibank levantou R$ 20 milhões, em uma rodada liderada pelo fundo Better Tomorrow Ventures; - A Hashdex levantou R$ 135 milhões em rodada liderada pelo Valor Capital Group em conjunto com o SoftBank, Coinbase Ventures e Igah Ventures; - A fintech de pagamentos Cloudwalk levantou US$ 190 milhões em uma rodada series B liderada pela Coatue; - A Méliuz segue ritmo acelerado de aquisições e compra a Promobit e a Melhor Plano; - A Getnet, braço de adquirência do Santander, adquire Eyemobile para expandir suas ofertas; - A Startse torna-se sócia majoritária da Captable, plataforma de investimento em startups; - O Guiabolso realiza parceria com a fintech mexicana Finerio para ampliar sua atuação em Open Banking na América Latina; - A Creditas expande sua atuação e entra no mercado de revenda de automóveis; - As Lojas Americanas expandem sua oferta de Pix para todas as suas lojas físicas; - A fintech argentina Pomelo, focada no mercado de fintech as a service, levanta US$ 9 milhões; - A startup indiana de pagamentos Pine Labs levanta US$ 285 milhões e se torna a terceira maior fintech do país; - O fenômeno das SPACs se expande pelo mundo e veículos focados em fintechs latino americanas são criados; - A fintech norte-americana Brex cria programa de recompensas para empresas focado em criptoativos; - A eBay passa a ofertar empréstimos para vendedores em sua plataforma e o pagamento das parcelas pode ser feita através de um percentual das receitas da tomadora; - Na Alemanha, o banco digital N26 está sendo questionado pelos reguladores a respeito de lavagem de dinheiro; - Hong Kong anuncia próximos passos na implementação local do Open Banking; * Entenda mais sobre revenue based financing e venture debt no artigo publicado por Bruno Diniz no link http://bit.ly/bdnoomid5. * Acesse também nosso parceiro Finsiders e fique por dentro das últimas novidades do segmento fintech! https://finsiders.com.br/ Estamos também no Instagram, Facebook, Youtube, LinkedIn e Spotify! Siga-nos em: https://www.instagram.com/fintechtalksbr https://www.facebook.com/fintechtalksbr/ https://www.youtube.com/fintechtalks https://www.linkedin.com/showcase/fintech-talks/ https://open.spotify.com/show/2AVngeMgLIO7r8cqwGYBPY

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines.This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here and myself here.There was lots to get through today, so, in order, here's the rundown: Early-stage founders can still apply for the impending Disrupt Battlefield even. You can sign up here if that's you. It's going to be a lot of fun tbh. From the weekend: San Francisco real estate is a mess; Twitter Blue is coming and I am hype about it; Elon Musk roiled crypto markets by being himself, which doesn't speak too highly of the asset class. AT&T is getting out of the TV game to some degree, selling media assets to help pay down debt. Just like Verizon did by selling TechCrunch and family to Apollo. We also chatted about two Indian mega-rounds: Pine Labs raising $285 million and Moglix raising $120 million. From the early-stage front, two rounds this morning for your pleasure: Telda's super-cool pre-seed round, and recent Y Combinator-grad Houm's latest investment, which explains why the accelerator program is still so popular. Extra Crunch Live this week is Shaun Maguire (Sequoia) + Samir Vasavada (Vise) on Wednesday, May 19th, at 11:30AM PST / 2:30PM EST.

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines.This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here and myself here.There was lots to get through today, so, in order, here's the rundown: Early-stage founders can still apply for the impending Disrupt Battlefield even. You can sign up here if that's you. It's going to be a lot of fun tbh. From the weekend: San Francisco real estate is a mess; Twitter Blue is coming and I am hype about it; Elon Musk roiled crypto markets by being himself, which doesn't speak too highly of the asset class. AT&T is getting out of the TV game to some degree, selling media assets to help pay down debt. Just like Verizon did by selling TechCrunch and family to Apollo. We also chatted about two Indian mega-rounds: Pine Labs raising $285 million and Moglix raising $120 million. From the early-stage front, two rounds this morning for your pleasure: Telda's super-cool pre-seed round, and recent Y Combinator-grad Houm's latest investment, which explains why the accelerator program is still so popular. Extra Crunch Live this week is Shaun Maguire (Sequoia) + Samir Vasavada (Vise) on Wednesday, May 19th, at 11:30AM PST / 2:30PM EST.

In this conversation with Sanjay Tambwekar, CTO of Qwikcilver is in conversation with Chitra where he shares his experiences aroundHis first exposure to engineering while witnessing his father building barges in shipyardsWriting software at TUL after his graduation from IIT BombayWorking at Bell Labs and developing systems engineering understanding Being part of the supercomputer team at CDAC and enabling its power for actual use by other government agenciesWorking at Verifone on digital payments software solutionsCustomer empathy and customer relationship experiencesHow he transitioned to management at Verifone and later managing a very large team at Sasken, along with his philosophy on management and leadershipExperiences and learning in his role as CTO, from managing delivery, to understanding different customer personas, scaling transactions and conceptualizing product featuresA critical message on road safety through a foundation that he and his wife started and parents being role modelsHis 2 part message for aspiring software and technology engineersFocus on the process to improve, your first competition is yourselfBeing an entrepreneur or being an employee, an marriage analogyAs the CTO, Sanjay leads the evolution of prepaid solutions at Qwikcilver, now merging into Pine Labs. Prior to this, his journey covers different domains across parallel computing (CDAC), payments (Verifone), wireless communications (Sasken) and digital storage (NetApp). He has a degree in EE from IIT Bombay, MS in CSE from NCSU, and a Diploma in Practicing Management from INSEAD. In the memory of their daughter, his wife and he run The Arundhati Foundation with the primary aim to improve road safety. Sanjay loves swimming, and occasional sketching.Sanjay's LinkedIn profile Social media handles related to The Arundhati Foundation : Twitter : @4stambwekarFacebook : https://www.facebook.com/thearundhatifoundation

Fave dibeli Pine Labs: Apa strategi pengembangan di India?Pada 14 April lepas Pine Labs lapor telah beli Fave, dengan nilai RM185 juta. Ini akan merangka strategi untuk Fave masuki pasaran India dan teroka peluang dengan 500,000 perniagaan yang gunakan Pine Labs. Pengambilalihan ini tidak akan ubah struktur kepimpinan Fave. Malah Fave dijangka gaji 100 pekerja baru di Asia Tenggara dan India. Editor Astro AWANI, Rizal Zulkapli menemubual Pengasas Bersama dan Ketua Pegawai Operasi Fave, Chen Chow Yeoh berkenaan pengambilalihan berkenaan dan trend e-dompet di Malaysia.

Fave dibeli Pine Labs: Apa strategi pengembangan di India?Pada 14 April lepas Pine Labs lapor telah beli Fave, dengan nilai RM185 juta. Ini akan merangka strategi untuk Fave masuki pasaran India dan teroka peluang dengan 500,000 perniagaan yang gunakan Pine Labs. Pengambilalihan ini tidak akan ubah struktur kepimpinan Fave. Malah Fave dijangka gaji 100 pekerja baru di Asia Tenggara dan India. Editor Astro AWANI, Rizal Zulkapli menemubual Pengasas Bersama dan Ketua Pegawai Operasi Fave, Chen Chow Yeoh berkenaan pengambilalihan berkenaan dan trend e-dompet di Malaysia.

This week in Indian Startup News, Minus Zero's attempt at building India's first fully autonomous electric car, Upstox data breach, Pradeep Poonia vs WhiteHat Jr, Flipkart partners with Adani Group to strengthen supply chain and data capabilities, Flipkart acquires Cleartrip, Pine Labs acquires Fave and Nykaa acquires Pipa Bella. In funding news, Zeta in talks to raise $250 million, DealShare raises $100 million, CarTrade raises $25 million, WeWork India raises $26.5 million, Miko raises $6.6 million and Beldara raises $7.4 million. Minus Zero's attempt at building India's first fully autonomous electric car: Indian EV startup Minus Zero is trying to build India's first level 5 fully autonomous electric car. They have successfully tested their technology by retrofitting an e-rickshaw. Their level 5 fully autonomous electric car should be ready by the late 2023. Upstox data breach: India's second largest discount broker Upstox has witnessed a data breach in their system leading to personal data of 2.5 million users being leaked on the dark web. The company has acknowledged the situation – saying that the financial data of their customers is secure and that they have strengthened the security on their servers. Pradeep Poonia vs WhiteHat Jr: Pradeep Poonia has decided to file a lawsuit against Byju's while he continues to defend himself in the defamation case. The next hearing for the case us scheduled for 25th May. Flipkart partners with Adani Group: Flipkart has partnered with the Adani Group to strengthen its supply chain by building a fulfillment centre in Mumbai and to strengthen their data capabilities by building a data centre in Chennai. Flipkart acquires Cleartrip: Flipkart has acquired Cleartrip in a deal which is expected to be worth $40 million – which is a discount for Flipkart as the entire hospitality and travel industry has been hit by the pandemic and this will strengthen Flipkart's ticketing business. Pine Labs acquires Fave: Pine Labs has acquired Malaysia-based payments and discovery platform Fave as the company looks to strengthen its own loyalty program across India and also expand its consumer-based business in the Southasian markets. Nykaa acquires Pipa Bella: Nykaa has acquired online jewelry platform Pipa Bella as the company looks to expand its jewelry business ahead of its IPO. This acquisition will give them access to more than 1,500 jewelry styles while offering them the option to design their own jewelry. Zeta in talks to raise $250 million: Fintech startup Zeta is in talks to raise $250 million in a round led by SoftBank Vision Fund 2 – which could make value Bhavin Turakhia's latest venture a unicorn. DealShare raises $100 million: Social ecommerce startup DealShare has raised $100 million in a round led by Tiger Global Management. CarTrade raises $25 million: Online marketplace for buying and selling used cars CarTrade has raised $25 million – pushing the startup closer to being a unicorn at a valuation of $967 million. WeWork India raises $26.5 million: Coworking space provider WeWork India has raised $26.5 million in a mix of equity and debt funding to focus on profitability. Miko raises $6.6 million: Robotics startup Miko has raised $6.6 million in a round led by IvyCap Ventures to further invest in product development. Beldara raises $7.4 million: B2B ecommerce marketplace platform Beldara has raised $7.4 million from Hindustan Media Ventures as the company looks to promote their agro B2B product – Farm 2 Guide.

Why has Grab chosen to go public through this route? What is happening with Fave in India? How will the suspension of Johnson and Johnson's COVID-19 vaccine impact the US' vaccination plans?  Michelle Martin and Ryan Huang discuss the latest headlines making news. See omnystudio.com/listener for privacy information.

This week in Indian Startup News, MobiKwik's potential data breach, WhiteHat Jr to offer space education, InMobi plans an IPO in the US, Pine Labs to IPO in 2022, Two Delhivery co-founders exit ahead of IPO, Nazara's successful IPO, NPCI issues guidelines for implementing 30% cap on UPI transactions, Amazon acquires Perpule and Byju's is in talks to acquire online reading platform Epic. In funding news, Byju's raises $460 million, FirstCry raises $315 million, Uniphore raises $140 million, DotPe raises $27.5 million, HealthPlix raises $13.5 million and Chingari raises $13 million. MobiKwik's potential data breach: According to multiple media reports and independent cybersecurity experts – MobiKwik's data has been breached leaving personal data of their 100 million users exposed. While the company has denied the reports of any data breach on their servers, RBI has asked them to conduct a forensic report. WhiteHat Jr to offer space education: WhiteHat Jr has partnered with satellite company EnduroSat which will give them access to two satellites in space and help their students to learn more about space technology. InMobi plans an IPO in the US: India's first unicorn and a mobile advertising platform InMobi is all reportedly all set to launch their IPO in the next three months. They might raise as much as $1 billion through the IPO - valuing the company at $13-15 billion. Pine Labs to IPO in 2022: Pine Labs is expected to IPO in 2022 in the US – valuing the company at $5 billion. Two Delhivery co-founders exit ahead of IPO: Two of Delhivery's co-founders' Mohit Tandon and Bhavesh Maglani have reportedly left the company ahead of their IPO. Nazara's successful IPO: Nazara shares were issued at Rs 1,101 but they hit a 80% premium at the time of listing. NPCI issues guidelines for implementing 30% cap on UPI transactions: The 30% cap on overall UPI transactions came into effect starting this year but the UPI apps like PhonePe, Google Pay and Amazon Pay have until the end of 2022 to comply. When any UPI app hits 30% limit, they will be asked by the NPCI to stop onboarding any new customers in a bid to bring down their number of transactions to keep them within the 30% limit. Amazon acquires Perpule: E-commerce giant Amazon has acquired Perpule for $14.7 million as they plan to strengthen their presence in India's offline commerce space which generates 95% of the sales by helping them get online using their latest acquisition. Byju's is in talks to acquire online reading platform Epic: India's most valuab;e edtech startup Byju's is reportedly in talks to acquire Epic as the company plans to expand its overseas presence in the US. Byju's raises $460 million: Byju's has raised a massive $460 million in their ongoing series F round from MC Global Edtech Investment Holdings at an expected valuation of $13 billion. FirstCry raises $315 million: Omnichannel retailer for baby products has reportedly raised $315 million as they plan to expand their presence in the Middle East. Uniphore raises $140 million: Conversational AI startup Uniphore has raised $140 million from Sorenson Capital Partners to help them focus on video-based AI applications. DotPe raises $27.5 million: DotPe has raised $27.5 million from PayU at a $90 million valuation to help offline businesses to sell online. HealthPlix raises $13.5 million: HealthPlix has raised $13.5 million in series B round led by Lightspeed Venture Partners to onboard 50,000 doctors on their platform. Chingari raises $13 million: Chingari has raised $13 million from OnMobile for a 10% stake to enhance its content portfolio and expand its user base.

In this episode, Rajul Garg, Founder & Managing Partner @Leo Capital, joins our host Digjay, to talk about his experience of being an entrepreneur, an angel investor & now a venture capitalist. He also talks about collaboration & competition among VCs, importance of building a personal brand in venture capital, Founder-VC fit and why he thinks fundraising should be a core skillset for a founder today. Leo Capital is an early stage VC fund that makes tech investments into India, SEA and US companies. Some of their portfolio companies include the likes of Sheroes, BeatO, Edureka, Flixstock. Rajul was the founder of Pine Labs, the largest PoS payment company in India and GlobalLogic, a leader in outsourced product development – both of which are multi-billion dollar businesses today. Before starting Leo Capital, Rajul consulted with top tier venture capital firms such as Sequoia Capital and Aavishkaar and was a sought after angel investor. He also founded Sunstone, an innovative technology-led business school. Rajul is an alum of IIT Delhi. You can reach out to him here on Linkedin / Twitter. ---- If you liked our episode, you can subscribe to our podcast on any of the major podcasting platforms like Spotify, Apple iTunes and Google Podcasts. Please leave us a review on Apple iTunes to help others discover this podcast. You can visit thevcpreneur.com and follow us on Twitter @thevcpreneur_ & Instagram @thevcpreneur for more episodes and interesting insights on the startup ecosystem. You can also follow our host Digjay on Linkedin & Twitter ---- Show notes – 1. (01:20) Rajul's path leading upto venture capital – from being a 3x entrepreneur, to becoming an angel investor and now a VC 2. (03:05) Challenges faced when starting Leo Capital and raising external funds 3. (04:25) About Leo Capital – Thesis, Fund size & sector focus; What differentiates Leo Capital vs other VC funds 4. (07:30) Choosing the right investor for your startup; Founder-VC fit 5. (11:55) Why fundraising is an important skillset for founders today? 6. (19:30) Dynamics among different VCs in the ecosystem – competition & collaboration 7. (21:52) Importance of building an individual brand equity as a VC 8. (23:40) Rajul's learnings as an entrepreneur building Pine Labs & GlobalLogic 9. (27:00) How much equity should founders ideally retain at Seed stage? 10. (31:30) Rapid fire and closing remarks