Podcasts about zestmoney

In this episode, we will dive deep into the failure of ZestMoney, a once promising Buy Now, Pay Later (or BNPL) startup in India that saw a rapid rise, but faced an equally dramatic failure. In the podcast, we will cover the key reasons behind its failure, and lessons for the BNPL sector, globally.

In this episode of The Startup Operator Roundup, Gunjan and Roshan break down the week's startup news and more! 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! 00:00- Intro01:17- Apple's vision pro 204:13- Startup India's performance 12:55- Appraisal season of FY2517:39- DMI acquires zest money19:33- Supercomputing Hubs in India 22:01- Pixxel's spacecraft manufacturing facility 24:06- Fundraises of the week25:34- talk of the town ------------------------------------- Click here to get regular WhatsApp updates:https://wa.me/message/ZUZQQGKCZTADL1 ------------------------------------- Connect with Us: Linkedin: https://www.linkedin.com/company/startup-operator​Twitter: https://twitter.com/OperatorStartup​​ ------------------------------------- Useful Links:Unicorn Report(YourStory): https://yourstory.com/2024/01/indian-tech-unicorn-journey-shortens-orios-report Indus Valley Report (Blume Ventures): https://blume.vc/reports/indus-valley-annual-report-2023 Goldman Sachs Report: https://www.moneycontrol.com/news/business/markets/5-charts-from-goldman-sachs-that-capture-rapid-rise-of-affluent-india-12043901.html Roundup where Roshan talks about Zestmoney: https://youtu.be/zNbjDjLFzfo?si=bwE2KFJEqLfjN262&t=546 ------------------------------------- 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 The Startup Operator Roundup, Gunjan and Roshan break down the week's startup news and more! 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! 00:00 Intro02:20 Google's Gemini to take on GPT-408:14 Byju's liquidity crisis12:57 ONDC's new initiative 15:25 RBI's regulatory framework  18:27 Zestmoney shuts down 20:37 Zerodha's insane growth 25:00 Fund Raises of the week  ------------------------------------- Subscribe to our WhatsApp community for regular updates:https://www.whatsapp.com/channel/0029VaA80HPIN9ixCWykZO1C ------------------------------------- Connect with Us: Linkedin: https://www.linkedin.com/company/startup-operator/​Twitter: 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!

This week Mary Ann Azevedo, Kirsten Korosec, and Alex Wilhelm gathered to hash out the news over some coffee and good times. Here's what the gang got into today:Deals of the Week: Simply Homes raises $22 million for an interesting property play, SoftBank buys majority share of connected-vehicles company Cubic Telecom, and OurSky raises $9.2 million for its space-viewing software system.Troubles in Fintech: With ZestMoney shutting down, and layoffs at Navan (fka TripAction) it seems that fintech is not out of the woods yet. That said, Alex has some notes on enthusiasm in one area of financial technology.What's up with software? TechCrunch coverage of tech earnings is leading to a mess of mixed signals for startups, and VCs to interpolate; are valuations rising again, or will 2023 end as it began? For more on the software market today, head here.For episode transcripts and more, head to Equity's Simplecast website.Equity drops at 7 a.m. PT every Monday, Wednesday and Friday, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews foundersand more! Credits: Equity is hosted by Editor in Chief of TechCrunch+ Alex Wilhelm and TechCrunch Senior Reporter Mary Ann Azevedo. We are produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products.

Discord has rolled out a bunch of improvements to its mobile app on both Android and iOS, but first: Byju Raveendran is contemplating using his 10-12 percent direct shareholding in the test-prep chain Aakash to raise about Rs. 600 crore to shore up his beleaguered ed-tech venture, Think & Learn, The Arc reported yesterday, citing sources it didn't name. Thing & Learn, which operates the loss making BYJU'S online education platform, is under government scrutiny for a host of lapses. ZestMoney, a buy now pay later fintech startup in Bengaluru, is shutting down, and has informed its 150 remaining employees that it's done, according to multiple media reports. The company was founded in 2015 and provided loans to those without credit cards or any other formal financing options. One thing today: In one thing today, Discord, which is where you'll find many of the Gen Z, apart from Instagram, has overhauled its mobile app to work more like, well, a mobile app  “When we launched the Discord mobile app in 2015, our focus was on building great products for people who play games on PC, with mobile serving as a companion app for when you were away from your keyboard,” Francesco Polizzi, group product manager at Discord, says in a blog post on Dec. 5, announcing the new updates. “Now, with more users spending time using Discord on the go, we're excited to roll out a faster, more reliable app than before, designed specifically for mobile,” Francesco says. The updated app, on both Android and iOS, brings faster app loading, better navigation, improved media sharing and voice and video experience, and an updated night mode. Discord has previously implemented features such as the global DM search on the app. After yesterday's update, which is available in India also, app-open time is reduced by 43 percent on iOS and 55 percent on Android, and users can access more messages when offline, according to the company. Free users can now upload files of up to 25MB in size. Discord, which started as an online hangout for PC gamers has evolved into a wider platform where one can find groups of users with varied interests. Today the company says it has 150 million users around the world.  You can find the full list of improvements and updates on Discord's website. Or you can use the link to the blog post in our show notes. One area where Discord has faced criticism is with respect to how it dragged its feet on protecting youngsters, according to multiple media reports. The company implemented some limited parental controls since only July this year, when it added an opt-in feature called family center. This feature requires the consent of your child to set up the family center on both the teen's app and on the parents' smartphones. Once done it will provide some high-level information to parents on the teen's Discord activity. I would highly recommend reading a post titled A Parent's Guide to Discord by the Social Media Victims Law Center in the US. The center warns that Discord requires users to be 13 years of age but does not ask for any documentation for proof of age. Like many other internet platforms, Discord can also be used by youngsters to access pornography and even drugs. And if you are parents to young teens, especially, this might be a good time to find out if they use Discord, talk about it, and agree on using the Family Center feature.

What does it to take to be join the elite club of the world's wealthiest individuals? Billions of dollars. But that's only in the developed countries. For developing countries, say Philippines, it requires a comparatively humble $57,000. But why is there such a disparity?In other news, ZestMoney, a buy-now-pay-later startup is struggling dire need of funds. What went wrong with the BNPL company?Tune in to The Signal Daily, to know more on both stories!  You can listen to this show and other awesome shows on the IVM Podcasts app on Android, iOS or any other podcast app. You can check out our website at https://ivmpodcasts.com/. Do follow IVM Podcasts on social media. We are @IVMPodcasts on Facebook, Twitter, & Instagram. Follow the show across platforms: Spotify, Google Podcasts, Apple Podcasts,  Amazon Prime Music. See omnystudio.com/listener for privacy information.

In today's episode for 17th May 2023, we explain why a fintech startup that was once the poster child of the Buy Now Pay Later movement is in all sorts of trouble. Before we get to today's story. here's a quick sidenote from Team Ditto. If you're someone who has experience in recruitment especially from Colleges, Ditto is looking to hire a Campus Recruiter. So if you're interested or know someone who is, please click this link - https://bit.ly/42NhvYz

This episode has an extended introduction followed by two major stories.  Varun & Suchita deep dive into the history of the paparazzi in India and their journey from negotiating for space in print to building a sought-after social media clout & the World Startup Convention Disaster that looked very promising and gave hope to multiple founders but turned out to be a scam.  Apart from these, they talk about the Good Glamm Group's upcoming JV with Akshay Kumar, Softbank slashing Oyo's valuation before it's IPO, Alibaba breaking up into 6 companies, Substack inviting investments, GoMechanic's acquisition by Lifelong group, First Citizen Bank coming to SVB's rescue, Top techies signing a document asking to pause R&D in AI, PhonePe & ZestMoney's deal getting called off, Spotify & Zee's stuck licensing deal, ByteDance new viral app called Lemon8, Jio Cinema's IPL broadcast, Google pausing their free food policy for employees, Climate Tech seeing a decrease in investments, and a few more stories.  Suchita recommends the latest season of Succession & videos of Taylor Swift's Eras Tour. Varun recommends having and appreciating a foodie friend.  Varun & Suchita also answer a few listener questions on the show. Do share yours on the below-mentioned handles. You can follow Varun Duggirala on Twitter & Instagram You can follow Suchita Salwan on Twitter & Instagram  Check out video episodes on the Think Fast YouTube Channel. Find the show across audio streaming apps:Spotify | Apple Podcasts | Google Podcasts | JioSaavn | Gaana | Amazon Music Do follow IVM Podcasts on social media.We are @ivmpodcasts on Facebook, Twitter, & Instagram. You can listen to this show and other awesome shows on the new and improved IVM Podcasts App on Android or iOS.   See omnystudio.com/listener for privacy information.

ZestMoney, the BNPL platform, is in the final stages of being acquired by online-payments giant PhonePe. But ZestMoney has been unable to get enough scale online. Even after going offline, it failed to manage risks. It saw its losses shoot up by 3X in the last financial year.PhonePe, meanwhile, has ambitions to expand by venturing into lending.Can ZestMoney's loss be PhonePe's gain?Tune in to find out.

Hi everyone! We had a great time with Aman Gupta. Aman is an experienced Android and Flutter developer and is currently a developer at ZestMoney. In this episode, he shared with us about a package he created "Tailor", a widget that calculates the size of a widget in runtime! Listen now and share it with your friends!Resources:https://github.com/thealteriahttps://github.com/thealteria/tailorhttps://pub.dev/packages/tailor_flutterCredits:

Tarang Gupta has a conversation with Lizzie Chapman, Co-Founder & CEO of ZestMoney, India's largest EMI financing and Buy Now, Pay Later Network. In this episode you will hear about: - What fascinates Lizzie about the Indian fintech industry - Her experiences as a female entrepreneur - Her outlook on the future of the global buy now, pay later industry - Why Lizzie is excited about the Global Fintech Fest 2022 And much more! About Lizzie Chapman Lizzie started her career as an equity research analyst with Goldman Sachs in London. After a 5-year stint at Goldman Sachs, she moved to the buy-side as an investor at Wellcome Trust. In 2011, she moved from UK to India to spearhead operations for digital lender Wonga and in 2014, she led the launch of ‘Digibank', India's first mobile-app-only bank. She was recognized as among the Top 100 women in fintech globally by the Fintech magazine. About ZestMoney Founded in 2015, ZestMoney is India's largest and fastest-growing Digital EMI/Checkout Finance platform. ZestMoney is deeply integrated with large merchants in India including Amazon and Flipkart, and brands like Apple and Reliance Digital; increasing the affordability of their products and helping them facilitate frictionless sales. The company has built a platform that integrates mobile technology, digital banking, and AI, enabling people to get a digital credit line within seconds. ZestMoney's technology and work to make affordable finance accessible led to their selection as a 2020 Technology Pioneer by the World Economic Forum. This episode is brought to you in collaboration with the Global Fintech Fest (GFF) 2022. To attend the festival please visit https://globalfintechfest.com/ For more FinTech insights, follow us on: WFT Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech WFT Instagram: instagram.com/whartonfintech Tarang's Twitter: twitter.com/tg_tarang Tarang's LinkedIn: linkedin.com/in/taranggupta100

Buy now pay later also known as BNPL is a financing option that allows you to buy a product or service without having to worry about paying for it in one go and instead financing it over the subsequent weeks and months. Due to the rise of e-commerce and digital payments, low credit card penetration, and rapid increase in the adoption of FinTech, many of whom are disrupting traditional financial services, business models. The market for BNPL businesses is booming in India. The BNPL offers an alternative way of consuming goods and services via the ease of credit. And it's fast becoming the preferred purchase method among gen Z consumers and young millennial. In today's episode of Inside India, Ben Hayward is joined by Lizzie Chapman, CEO and Co-Founder of ZestMoney. ZestMoney is India's largest and fastest growing buy now pay later platform and uses mobile technology, digital banking, and AI to make life more affordable than millions of young Indian consumers. Lizzie has continuously been promoting the concept of digital finance and driving its adoption in India. She envisions a feature where India has a fully digital economy and every Indian has access to affordable credit, her passion for the potential of technology to disrupt the delivery of financial services to me encapsulates the new India.

This week, Karen is joined by Natalia Lyarskaya, Chief Data Officer at ZestMoney. With a background in applied economics, Natalia made her career in the financial technology sector as a data scientist and later on, as a data leader building data science teams and capabilities. In this episode, she talks about her excitement at working with start-ups and being at the foundation of something new, as well as of her experience building data science teams from scratch. Not only will you hear about the challenges she overcame building and leading distributed teams, but you will also get her insights on how companies can get the most value from their data scientists, and her best tips as to how to align data science work with business objectives while ensuring data scientists and business leaders understand each other.   Enjoy! ********************************* Show notes  ********************************* Natalia's LinkedIn: https://www.linkedin.com/in/nlyarskaya/

Top 5 Indian Startup News for the week ending 22nd Jan 2022 1. Govt taking significant steps to boost startup ecosystem: Piyush Goyal 2.BNPL platform ZestMoney see 300% increase in transactions 3. BharatPe's Ashneer Grover goes on leave, weeks after rant went viral 4. National Start up Day 5. Reliance Retail acquires 54% stake in robotics firm Addverb Technologies Visit our website here: http://brandingbypixels.com/digital-marketing-services/ Some of our success stories at our company include: 1. Ranking our preschool client consistently in the first page of google within 3 months without spending a single rupee on ads 2. Increasing the admission rates in a preschool from 20% to 70% by our SEO & Social Media Marketing Strategies 3. Achieve an ROI of 1600% for our E-commerce client. 4. Consistently ranking our clients in the first page of Google only with organic SEO 5. Increase page likes, shares & engagement by 500% for our restaurant client on Facebook. 6. Increasing revenues of our client selling on amazon by 3X times. I am Sirisha Varma, Founder, Chief Strategist at Branding by Pixels a Business Strategy Design and Digital Marketing company from India. Reach out to me for any business strategy and digital marketing questions on sirisha@brandingbypixels.com Youtube link - https://www.youtube.com/channel/UCNS8Qp9JskXUofeyIiOEa6A Website link - http://brandingbypixels.com/digital-marketing-services/ My E-book on "17 Business Rules for Dummies" on amazon.com - https://amzn.to/3mcU4BZ My E-book on "17 Business Rules for Dummies" on amazon.in - https://amzn.to/374Ii8n Happy Marketing!

In this episode, Jason talks to Natalia Lyarskaya, Chief Data Officer at ZestMoney, and one of the DataIQ top 100 most influential people in data. Their conversation focuses on building data science teams, how data is measured, and how to apply a business and product outcome-focused approach to it. Natalia also shares her role and experience as a Chief Data Officer, her set of principles in building out a data science team and the cultural challenges in different markets.

Zip Co Ltd (Z1P) Co-Founder, Peter Gray speaks with Tom Piotrowski about the company's expansion initiatives, including a move into India through the partnership with ZestMoney, as well as its plans in place to offer Cryptocurrency services. This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. This report is not a recommendation to buy, sell or hold any securities or financial products, and has been prepared without taking account of the objectives, financial or taxation situation or needs of any particular individual. For this reason, any individual should, before acting on the information in this report, consider the appropriateness of the information, having regard to the individual's objectives, financial or taxation situation and needs and, if necessary, seek appropriate professional advice. This report is produced by Commonwealth Research based on information available at the time of publishing. We believe that the information in this correspondence is correct and any opinions, conclusions or recommendations are reasonably held or made as at the time of its compilation, but no warranty is made as to accuracy, reliability or completeness. To the extent permitted by law, neither the Bank nor any of its subsidiaries accept liability to any person for loss or damage arising from the use of this report.

This week in Indian Startup News, Vinata Aeromobility to introduce their hybrid flying car, Freshworks successful IPO makes 500 employees crorepatis, OYO expected to file for IPO next week, Agnikul Cosmos signs a deal with ISRO to test their rockets, Karnataka bans ‘games of chance', Dream11 turns profitable, Ola sells electric scooters worth Rs 1,100 crore in two days, Infra.Market acquires RDC Concrete and Byju's acquires Tynker. In funding news, Cars24 raises $450 million, Medikabazaar raises $75 million and ZestMoney raises $50 million. Vinata Aeromobility to introduce their hybrid flying car: Vinata Aeromobility is all set to launch their autonomous hybrid flying car – which is said to be Asia's first – at the Helitech Expo in London on 5th October. They will be starting the trials of their hybrid-electric car by 2023 and expect commercial flights by 2025. Freshworks successful IPO makes 500 employees crorepatis: Freshworks has raised $1.03 billion in their IPO at a $10.13 billion valuation – making them India's first SaaS startup to go public in the US. In the process, more than 500 of their employees have turned crorepatis. OYO expected to file for IPO next week: Indian hotel chain startup OYO is expected to file for IPO as soon as next week. While the pandemic has been hard for them, they have already turned profitable at an operational level and are planning to raise $1.2 billion in the IPO. Agnikul Cosmos signs a deal with ISRO to test their rockets: After Skyroot Aerospace, Agnikul Cosmos has signed an agreement with ISRO to test their rocket systems at ISRO facilities. Karnataka bans ‘games of chance': Karnataka has passed a bill banning ‘games of chance'. While that doesn't seem like a big deal – what might be troubling for some online gaming platforms is the fact that Karnataka's Chief Minister Basavaraja Bommai has said that the government will act against operators and abettors who run ‘games of chance' disguised as ‘games of skill'. Dream11 turns profitable: India's most valuable gaming startup Dream11 has turned their finances around and joined the league of profitable startups like Zerodha, Nykaa, OfBusiness and Boat. Ola sells electric scooters worth Rs 1,100 crore in two days: Ola Electric managed to sell electric scooters Ola S1 and S1 Pro worth ₹1,100 crore in two days – concluding their first sale. Infra.Market acquires RDC Concrete: Marketplace for procuring construction materials Infra.Market has acquired RDC Concrete – which is the largest independent ready mixed concrete company in India – for $100 million. Byju's acquires Tynker: Edtech giant Byju's has acquired US-based coding platform Tynker – making it their 9th acquisition this year. Cars24 raises $450 million: Used car marketplace Cars24 has raised $450 million in a round led by DST Global, Falcon Edge Capital, Softbank Vision Fund 2 at a $1.84 billion valuation. Medikabazaar raises $75 million: B2B online marketplace for procuring hospital supplies Medikabazaar has raised $75 million in a round led by CDC Group, Creaegis Limited, CIF, HealthQuad Fund. ZestMoney raises $50 million: Buy now pay later (BNPL) platform ZestMoney has raised $50 million from Australia's Zip to strengthen their product suite by launching new insurance and savings products and add more merchants on their platform.

Evergrande Group, China's second biggest property developer, managed to rack up staggering debts of more than $432 billion dollars, on the brink of collapse. However, at the very last minute managed to ink a deal to keep it afloat. News of this deal helped the iron ore price surge and Aussie materials stocks make steep gains, lifting the broader market by 0.32%. In the US, all three benchmarks closed in the green. This comes after the Fed announced it was not ready to remove stimulus yet. While no specific timeline was provided as to when it may begin moderating its purchases, in the Fed's post-meeting statement, they noted “if progress continues broadly as expected, the Committee judges that a moderation in the pace of asset purchases may soon be warranted.”Following a strong night of trade on Wall Street, the futures are suggesting the Aussie share market will open 0.19% higher this morning.What to watch today:In economic news, the Manufacturing PMI Flash data and the Services PMI Flash data will be released today at 9am AEST.Companies ex-dividend today include Eagers Automotive (ASX:APE), NRW Holdings (ASX:NWH), Cochlear (ASX:COH) and Genesis Energy (ASX:GNE).Suncorp Group (ASX:SUN) holds its AGM today and Brickworks (ASX:BKW) are set to report today.The most traded stocks by Bell Direct clients yesterday included Zip (ASX:Z1P). Its shares lifted 4.3% yesterday to $6.51 following investors responding positively to the company's strategic US$50 million investment in India-based BNPL operator ZestMoney. ZestMoney was founded in 2015 and is now one of the largest and fastest growing BNPL platforms in India. Another highly traded stock yesterday by Bell Direct clients was Fortescue Metals (ASX:FMG). Its shares lifted 4.2% yesterday, bouncing off 14-month lows following the news that China's embattled real estate developer Evergrande will meet its bond interest payments due today. The oil price climbed more than 2%, following a greater than expected drawdown of US supplies. The gold price fell after the Fed signalled a sooner than expected interest rate hike, while the palladium price lifted over 6%.  Trading ideas:Bell Potter has maintained its BUY recommendation on iron ore company Fortescue Metals Group (ASX:FMG), however have decreased its price target to $20.87 (previously $22.52). At its current share price value of $15.37, this implies about 36% share price growth.Bullish charting signals have been identified in De Grey Mining (ASX:DEG), Aussie Broadband (ASX:ABB) & REA Group (ASX:REA), according to Trading Central.

Investors and young consumers are lapping up Buy Now Pay Later services that lend micro loans for online shopping without a credit score. Lizzie Chapman, CEO of ZestMoney and ET's Ashwin Manikandan explain the business model of these fintech credit platforms.Clip Credits: Moneysmart, Preet Banerjee, Finder Australia, Next Gen Personal Finance, App Of The Day, Youth Finance, NDTV, Yahoo Finance, CNBC Television, Bajaj Finserv, Warikoo

In this episode of our podcast Banking & Beyond catch Lizzie Chapman, CEO & Co-founder, ZestMoney share her journey with us, from being an investor in the UK to being a co-founder & an influential voice in the Indian fintech space. Transcript: Devika Garg Welcome to Power Conversations at RBL bank. This is a special […]

ZestMoney Chief Data Officer Natalia Lyarskaya explains how cutting-edge technology is helping consumers in India access credit where it was previously unavailable The appetite for credit is growing in India. However, compared to developed credit markets like the US, India is underserved. There are only three credit cards per 100 people in India, compared with 32 per 100 in the US. This may be starting to change. In this week's episode of the Business of Data Podcast, ZestMoney Chief Data Officer Natalia Lyarskaya explains how ZestMoney is using AI and machine learning technology to create a transparent and trustworthy credit solution where traditional banks have been unwilling or unable to do so. “There is a kind of chicken and egg problem where someone needs access to the credit products but has never been in the financial sector before and other banks, traditional banks, cannot evaluate their creditworthiness,” Lyarskaya says. She continues: “We believe that using data and technology, we can build this affordable, transparent, financial product for the Indian people that can be used by everyone and can increase also the trustworthy population in this new credit segment.” Evaluating customers using data, machine learning and AI ZestMoney has created a 100% digital user experience that uses an array of data coupled with machine learning and AI technologies to evaluate new credit lines in a matter of milliseconds. “Based on the AB testing that we've done we have collected quite a good amount of data,” Lyarskaya says. “[We built] some predictive models that allow us to differentiate between different groups of users, so we can propose different journeys and different options for users to apply for our product.” While the technology behind ZestMoney's model evaluates new credit applications and makes the final decision on credit approval, it also guides the user on a personalized journey assessing and modifying questions during the application process based on personal and historical data. “This [model] is basically behind every decision that we take along the journey,” she explains. “Like, what kind of questions we want to ask a user, or do we want to ask this question in one way or the other?”. She concludes: “There is a model that stands behind that tells us what exactly we need to do and who is the user that we see in front of us. So that is all based, not just on our assumptions, but on what the data has been telling us.” Key Takeaways Machine learning and AI are helping financial firms reach new credit markets in India. Where traditional banks have been slow to react, tech upstarts have been able to capitalize. Balance privacy and personalization for a better user experience. Understanding how much data an individual feels comfortable sharing is an important first step to creating outstanding user experiences. AI and machine learning solutions enable better products but do not create them. Human critical thinking is needed to make sure a system works. AI and machine learning make sure that the system is efficient.

In this episode, we chat with Arun Venkatachalam, who comes from the Murugappa Group - family, and is also an active Angel Investor. Arun has invested in 25+ companies including Posist, ZoomCar, ZestMoney, AdPushup among others. And he has also got successful exits from companies like Innov8 CoWorking (acquired by OYO Rooms), Yourbus (acquired by Naspers/Ibibo Group), Endless Robotics (acquired by Mojay) etc. During the podcast, he also shares how he initially invested in equity markets to build his own capital, which he later invested in his studies and his portfolio companies.For anyone looking to start up as an Angel investor, this conversation can be of great value. From gaining a deep understanding of a particular space, to sourcing potential deals, to making your first investment, this podcast will really help you start and build.Notes - 00:55 - Belonging to Murugappa Group (Family Enterprise); starting in Investment Banking04:56 - Initial investments as an Angel investor07:42 - “In order to be an expert down the line, someone has to start somewhere.” 12:50 - Creating an impact on Cap-table25:21 - Investing in Recykal; creating impact because of ESG28:01 - Advice for a first time Angel investor32:12 - Having a conservative approach as an Angel investor34:32 - “Opportunity isn't in running with the herd, it's always in running against the herd.”36:51 - Finding investment deals as a first-time investor39:17 - Having a nuanced view while investing in Fintech

Nexus Power: Founded by twin sisters Nishita and Nikita Baliarsingh in 2019, Nexus Power is building bio-organic and biodegradable batteries for electric vehicles. Initially, Nishita and Nikita wanted to actually build EVs, but after doing some research, they realized that India's EV space was still a really tough market to get into and they started creating batteries that could replace Lithium and were good for the environment. Little Black Book (LBB): Founded by Suchita Salwan in 2011, LBB started as a Tumblr blog and has now evolved into a discovery-led commerce platform. Suchita started building a small team of employees, freelancers, and interns, who would scour Delhi searching for interesting places that people could visit. They later started building their own website and app after Dhruv Mathur joined LBB as a co-founder in 2015. YourStory: Founded by Shradha Sharma in 2008, YourStory started as a platform that would tell stories of entrepreneurs who are not superstars yet but have the spark, drive and hope. After failing to raise funds from investors for her media and news startup, Sharadha Sharma bootstrapped YourStory for seven years before investors eventually realized the potential of her venture. Myelin Foundry: Founded by Aditi Olemann, Ganesh Suryanarayanan and Gopichand Katragadda in 2019, Myelin Foundry's flagship service called Fovea Stream is able to leverage the power of artificial intelligence and deep learning to upscale videos that viewers are watching on OTT platforms up to 4K, irrespective of the video's original quality or network bandwidth limitations. Doubtnut: Founded by husband-wife duo Aditya Shankar and Tanushree Nagori in 2016, Doubtnut provides its users with instant video solutions to doubts in a number of different educational categories like math, physics, chemistry, and biology. Students just plug in their question or even take a photograph of it and Doubtnut provides a solution to that question. SmartVizX: Founded by another husband-wife duo Gautam and Tithi Tewari in 2015, SmartVizX is a virtual reality startup that is changing the way architects communicate. Their flagship product Trezi is India's first VR-based design communication and collaboration product. SmartVizX's customers can use Trezi to seamlessly review, modify, and experience a project design with clients and colleagues. ZestMoney: Founded by Ashish Anantharaman, Lizzie Chapman, and Priya Sharma in 2015, ZestMoney is a fintech startup that partners with NBFCs and banks to offer EMI option to customers who do not have access to credit cards and can't afford to pay for products out of their pockets in full. Rivigo: In 2014, Deep Garg and Geet Kalra set out to make the profession of truckers more humane and address the growing need of truck drivers in the country by starting Rivigo. The company's innovative relay trucking model not only helps its drivers to go home to their families every day but also makes deliveries for their customers much faster. Today, Rivigo has become a unicorn and has raised more than $280 million. MobiKwik: Founded by Bipin Preet Singh and Upasana Taku in 2008, MobiKwik is a digital payments startup that was started before FreeCharge, Paytm and PhonePe. Initially, MobiKwik was a prepaid mobile recharge service but it has now expanded its portfolio to include a host of financial services. Nykaa: Founded by Falguni Nayyar in 2012, sells beauty, wellness, and fashion products for both men and women using an omnichannel channel approach: through their website and 70 offline stores across India.

You voted and we delivered! Social Media most voted country for a zoom-in was India and is this week's location for our "FinTech Journeys Across The World". This superpower shines on the Breaking Banks Europe with no other than our host Ajit Tripathi, bringing him two local experts: Lizzie Chapman (ZestMoney) and Amit Goel (MEDICI Global).  More on our guests:  Lizzie: Lizzie Chapman is the CEO & Co-Founder of ZestMoney - India's first and largest AI-Driven, digital financing platform. ZestMoney has built a platform that can meaningfully improve the lives of more than 300 million households who currently have no access to credit cards or other formal financing options because of insufficient credit history.Linkedln: https://www.linkedin.com/in/lizzie-chapman-a49430/Website: https://www.zestmoney.in/ Amit: Amit Goel is the Founder of MEDICI Global and leads the strategy and development of the company's products (Listening engine, MEDICI score, content, and reports) and the technology platform. He has been recognized as a Top 100 FinTech people in the world and Top 10 influencers in Asia multiple times by different agencies.Linkedln: https://www.linkedin.com/in/amitpayments/Website: https://gomedici.com/