Hemant Gangolia, founder of iNRI, shares his inspiring story as an immigrant entrepreneur. He discusses overcoming obstacles while developing a revolutionary investment platform for Indian expats. Hemant reveals his journey through prestigious institutions like IIT and IIM, his consulting experiences at McKinsey, and the challenges of starting a company on a dependent visa. He emphasizes the significance of trust in cross-border investments and provides insights into generating passive income. Don't miss out on his exciting giveaway for listeners!
Hemant Gangolia's journey from immigrant entrepreneur to founder of iNRI demonstrates resilience and the ability to leverage challenges for success.
The iNRI platform addresses the unique investment needs of Non-Resident Indians by providing tailored solutions for easy access to Indian markets.
Trust and accessibility are crucial in the financial sector, prompting iNRI to incorporate direct communication and support for new investors.
Deep dives
Shifting to Positive Narratives
The discussion focuses on moving away from previous episodes' somber themes to create a more light-hearted atmosphere. The hosts acknowledge the feedback they received from listeners, including family members, expressing a desire for more optimistic content. They intend to refresh the podcast by sharing inspiring stories rather than dwelling on tragic narratives. This pivot aims to re-establish a sense of joy and humor in their conversations.
Highlighting the Immigrant Experience
The episode features the story of an immigrant who has faced numerous challenges and has now established a successful startup. This narrative emphasizes resilience and determination in overcoming hardships, setting a positive example for others in similar situations. The founders illustrate the struggles faced by Non-Resident Indians (NRIs) in navigating investment opportunities in their home country, India. Their experience represents a broader theme of immigrant success stories emerging from adversity.
The INRI Investment Platform
The guest speaker discusses the startup INRI, designed specifically to aid NRIs in investing in India effortlessly. This investment platform aims to streamline the process for NRIs by providing tailored solutions that address their unique challenges, particularly in accessing financial markets in India. The speaker indicates that existing platforms often do not meet the needs of NRIs, as they are primarily designed for residents. By understanding the barriers faced by NRIs, the startup creates a product that offers a clear, easy path to invest.
Founder's Journey and Y Combinator Experience
The guest shares insights into his journey from working in corporate environments to pursuing entrepreneurship after multiple applications to Y Combinator. He reveals the personal sacrifices and challenges he faced while transitioning away from established jobs to build his company. The experience at Y Combinator was transformative, offering opportunities for networking and learning from fellow founders. This exposure helped him refine his vision and solidify his commitment to building INRI.
Building Trust in a New Financial Landscape
The conversation touches upon the critical aspect of trust in the financial sector, particularly for new investors in India via INRI. The founder emphasizes the importance of being accessible and approachable to potential customers, providing avenues for direct communication. Weekly Q&A sessions and direct booking options with him aim to establish credibility and familiarity with the platform. The overarching goal is to ensure that customers feel secure in their investment decisions through consistent support and open dialogue.
In today’s episode, we welcome Hemant Gangolia the founder of iNRI. Hemant is an immigrant entrepreneur who has faced his fair share of obstacles on the path to success. Rather than give in to these setbacks, he used them as stepping stones to propel himself forward. With a dream to democratize access to one of the fastest growing economies, he embarked on a mission to create iNRI, an investment platform that allows Indian expats to invest in Indian index and debt funds.
Join us as we trace Hemant’s journey through IIT, IIM, Mckinsey, Walmart, Meta, YCombinator and the US immigration system. For an immigrant entrepreneur there is a treasure trove of information as Hemant details how he launched his company while being on a dependent visa in America. If you’re interested in generating passive income, tune into the episode to understand more about iNRI.
At the end of the episode, Hemant has a giveaway for all the listeners. If you’d like to take advantage of the giveaway, reach out to us at accpodcast51@gmail.com.