1947 Rise 58 :Ankit Mehrotra (Dineout) | Sold Dineout to Swiggy for $100M and now building "Celebrity-led fund with Star Cricketer Shikhar Dhawan" | 1947 Rise
Ankit Mehrotra is the Co-founder and CEO of Dineout. He started Dineout in early 2012 and through multiple acquisitions over the last eight years, has grown Dineout’s portfolio to include both B2C & B2B services and has been successful in positioning it as the Largest Dining Out and Restaurant Tech Platform in India. Dineout was acquired by Swiggy, India's Largest On-Demand Delivery platform for $100M, in July 2022. Ankit also recently co-founded a celebrity-led fund called Da One Global Ventures with the star cricketer Shikhar Dhawan Timeline : 00:00 Top Moments 00:32 Intro to pod with Ankit 02:00 How did Ankit's upbringing and environment shape him? 04:00 What valuable experience did he gain from working in the UK? 05:54 What made Ankit move back to India and the founding story of Dineout? 13:14 How did Ankit launch Dineout without Internet, Angels or VC? 18:52 What is Dineout today after selling it for over $100 million to Swiggy? 26:13 What lesson does Ankit share with new entrepreneurs? 27:17 What is the investment thesis of Da One Global Ventures? 31:46 How much of his success would he attribute to luck and why? 33:10 Is it money or power for Ankit? 33:31 What is his relationship with money? 34:14 If money and attention are not needed anymore what would he work on? 35:44 What do Ankit's friends know him for? 36:00 What is Ankit's day like?