The Neon Show From Bootstrap to IPO ft. Rajdip Gupta, Founder, Route Mobile
Venture Capital or Angel investments aren’t a must have, to make your startup successful. This has been demonstrated again and again by several bootstrapped startups which have been very successful, namely - GrabOn, Zoho, Zerodha, Wingify & others.
The guest of our today’s episode Rajdip Gupta, CEO & Founder, Route Mobile, similarly has an exquisite journey of taking his company from being completely bootstrapped to getting listed in the share market and growing to a market share of Rs.11,000 crore+.
Just to understand the faith amongst retail investors in Route Mobile's strong growth potential, you must know that in September 2020 its Rs 600-crore IPO was oversubscribed 74 times. It made a stellar debut with a 105% rise on day one of listing.
As a niche player operating in an extremely dynamic, high-growth segment of the cloud-communications space and catering to the digital user engagement needs of enterprises, Route Mobile has a limited number of competitors and no publicly listed rivals.
During the podcast, Rajdip shares with us, what are the various offerings Route Mobile has for its enterprise customers, where it stands against its Indian competitors and how he personally tackles things to bring a work-life balance in his daily life.
Notes -
01:53 - Creating a story & value from India
04:17 - Solutions for enterprise customers
10:02 - Scale & revenue breakup across geographies
12:25 - Benchmarking against Indian competitors
16:07 - Challenges during the early phase of building Route Mobile
22:19 - Work-life balance and unavoidable circumstances in a startup journey
36:11 - Future plans for Route Mobile