EP#34 Rahul Mathur – The ‘build in public’ approach for startups, challenges faced by a first time founder and the Insurtech landscape in India

In this episode, Rahul Mathur, Founder & CEO @BimapPe, joins our host Digjay, to talk about his background & path leading upto BimaPe, the current insurtech landscape in India, striking a balance between founder vision & customer feedback, challenges faced as a first time founder, key advantages of ‘building in public’, fundraising at a pre-product stage and benefits of having multi-stage investors on your cap table.

BimaPe is a Mumbai based Insurtech startup that is trying to demystify insurance and its management for individuals and families across India. Prior to starting BimaPe, Rahul was the Startup Lead at Accenture’s FinTech Innovation Lab and a Product Manager at Laka Insurance, an early-stage InsurTech startup based in London. He is also an Ambassador at the Asia InsurTech podcast. Rahul holds a master’s degree in Statistics from the University of Warwick. You can connect with him here on Linkedin / Twitter

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Show notes –

1. (01:25) Rahul’s background & path leading upto BimaPe

2. (03:06) Current insurtech landscape in India – key wins & challenges

3. (07:46) The problem that BimaPe is trying to solve in the insurance space

4. (12:21) Striking a balance between founder vision & customer feedback

5. (16:30) Challenges faced as a first time founder

6. (22:27) Going from unorganized to organized chaos in the early stages of a startup

7. (27:16) Advantages of ‘building in public’

8. (31:08) Fundraising at a pre-product stage; Benefits of having multi-stage investors on your cap table

9. (38:50) Rapid fire and closing remarks
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