

#53 Sanjeev Bikhchandani, Co-Founder Naukri (Infoedge Group), on Customers, Innovation & Entrepreneurship (Repost)
Happy New Year. Reposting a gem from 2020.
Sanjeev Bikhchandani Co-Founder and Vice Chairman of Naukri chats with Amit Somani , Managing Partner Prime Venture Partners .
In this conversation, they discuss raising funds, customer insights, capital efficiency and international competition.
Sanjeev Bikhchandani is the Co-Founder and the Vice Chairman of Info Edge, the owner of Naukri.com India’s largest job portal. He was recently named as one of the recipients of the Padma Shri award.
Info Edge also owns web sites like Jeevansathi.com , 99acres.com , Brijj.com , Naukrigulf.com , Shiksha.com , Quadrangle and Firstnaukri.com
Listen to the podcast to learn about
1:20 - Capital efficiency & building Naurki.com
4:45 - How entrepreneurs can increase their odds of not being beaten by money
7:00 - Customer insights that led to formation of Naukri & Zomato
12:00 - Crowdsourcing customer feedback in real time
14:00 - How naukri built a virtuous circle as a moat
16:44 - Customer-led innovation Vs Competition-led Innovation
18:30 - Why Indian Businesses need Feet on the street
24:20 - Why customer’s money is more important than investor’s money
You can read the complete transcript here
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