Founder Thesis

Rohit started FinancePeer - a peer-to-peer lending startup but showing remarkable agility, he soon pivoted the company to become a leading player helping fund school fees for parents. He shares his journey of discovering product-market fit for LEO1, and the journey of building multiple moats for what is a very profitable and sticky business.Read the text version of the episode here.Read more about LEO1:-1.LEO1’S Unique Fee Financing Model Making Quality Education Accessible To Parents In Karnataka2.How fee financing is creating a win-win situation for parents and schools3.Education’s commercialisation: Unraveling the constraints4.“Blended education is the way forward for the education sector.” Rohit Gajbhiye5.Financepeer founder Rohit Gajbhiye features in Forbes 30 under 30 Asia list

HomeLane changed India's home interior design scenario by using technology to offer personalized and professional interior services. Starting from his humble beginnings in 1993, Srikanth takes us all the way to the present with his current venture HomeLane.Read the text version of the episode here.Read more about HomeLane:-1.From 90 Days at Wipro to Founding a Rs 268 Crore Empire: A Young Techie's Incredible Journey2.How third-time entrepreneur Srikanth Iyer got it right3.[The turning point] How the book ‘uncommon service’ helped Homelane hit a home run in profitability4.Your business can't be good at everything; choose focus area carefully: Srikanth Iyer, co-founder and CEO, HomeLane.com

Not one to fit into the corporate straitjacket, Aanan kept experimenting until finding his calling in consumer health with his brainchild, Wellversed. Wellversed is a house of brands which are digital native with an online first sales strategy. The startup has 40+ brands in its kitty and it achieved this feat with just 3 mn dollars in funding!Read the text version of the episode here.Read more about Wellversed:-1‘Full stack wellness’: Indian brand Wellversed on ‘owning the ecosystem’ to understand the consumer2.How Wellversed is Planning to be a Unilever of the Wellness Category3.Creating a universe of modern-day health and wellness products4.Wellversed’s vision to make wellness accessible to all5.Wellversed Acquires And Scales Consumer Health and Wellness Brands To Build A House Of Brands

Quizzizz is the most unique ed-tech startup in India. It does not have a large sales team responsible for acquiring users. But it’s a product with massive global adoption. Deepak talks about his journey of finding product market fit and then scaling up through a product-led growth strategy.Read the text version of the episode here.Read more about Quizzizz :-1.Why US kids are raving about an Indian quiz app2.Edtech Startup Quizizz See Huge Spike In Global Adoption With 65 Mn MAU3.After tasting success in US, edutech startup Quizizz makes India debut4.Quizizz raises $31.5  million  from Tiger Global, Yahoo’s Yang

Ace Turtle is a 55 million-dollar fashion retailer behind some of the most loved brands in India and is truly setting a benchmark for retailers to go omnichannel. Nitin is a veteran of the retail space. He shares his journey from founding Ace Turtle as a SaaS venture, helping brands become omnichannel, to the pivotal aha moment of becoming a retainer themselves!Read the text version of the episode here.Read more about Ace Turtle :-1.Exclusive: Nitin Chhabra,Ace Turtle: Physical stores are now hubs for brand immersion, data acquisition and consumer satisfaction2.Vertical Commerce: The next chapter of the retail industry3.Technology implementation critical for omnichannel retailers4.Lee, Wrangler to transform India biz to omnichannel entities5.Ace Turtle enables puma, fossil, arrow and ray ban slash omnichannel transformation cost

Running a restaurant is incredibly operations-heavy, and making it profitable is even harder. Ashish discusses how he developed Posist to streamline operations and enhance profitability for his restaurant. He reveals insights into building a prosperous global SaaS business.Read the text version of the episode here.Read more about Posist:-1.For NewGen restaurateurs, technology is a natural starting point: Ashish Tulsian2.POSist Expands its Cloud-Based Restaurant Platform for F&B Industry3.POSist Takes Marketplace Route To Boost Foodtech Adoption, Digitise Restaurants4.Restaurant Technology Platform POSist to Empower Businesses with Digital Ordering and Digital Postpaid Dining Experience5.POSist Bridges Technology Gap In The Restaurant Industry, Introduces An Integrated Marketplace

HackerEarth is a platform powering the hiring of remote tech teams. Sachin talks about his rollercoaster journey, which started when he became a founder pretty much straight after passing out of IIT Rorkee, the years he spent bootstrapping HackerEarth, the journey of going global and his take on building a great organisation.Read more about HackerEarth:-1.Tech Talent Demands Transparency And Unbiased Hiring Practices: HackerEarth Study2. HackerEarth CEO: How to recruit talent for Web33.How Tech Companies Can Reassess Their Hiring Strategy In Times Of Economic Uncertainty

Vikalp Sahni is the man responsible for building the Aarogya Setu app in record time. Building the Aarogya Setu app inspired him to create Eka Care, a platform for managing personal health data. Eka Care's ambitious mission is to provide individuals with easy-to-understand line graphs, similar to tracking financial health, but for monitoring personal health metrics.Read the text version of the episode here.Read more about Eka Care:-1.Eka Care health app incorporates HRM, medical record management2.Eka Care Health App Brings Heart Rate Monitoring and Medical Record Management to Your Fingertips3.Eka Care releases Health Report 20224.Eka Care, a startup helping digitize health records of Indian patients, raises $15 million

How does Abhishek Sharman turn India’s unglamorous SMEs into durable consumer brands? In this Founder Thesis episode, the Carpediem Capital founder breaks down an operator-led private equity playbook for QSR, value retail, and organized services in India.Abhishek traces his path from traditional PE to building Carpediem Capital, a mid-market, control/large-minority investor focused on turning founder-led SMEs into professionally run category leaders. We unpack Carpediem’s co-build model—governance, MIS, org design, and capital discipline—that prioritizes cashflow and resilience over hype. He shares contrarian takes on why 2–3x repeatable outcomes can beat unicorn-chasing, lessons from exits like Yaantra→Flipkart, and how continuation funds (Yugadi) change the exit clock. We also cover scaling Bharat-first formats in QSR and value retail, AI’s real use in operations (not vanity), and how formalization, UPI, and policy tailwinds are reshaping consumer PE in India. If you care about PMF→process→profitability, this conversation is a masterclass.• How Abhishek Sharman built Carpediem Capital’s operator-led PE model • Playbooks for turning Indian SMEs into category brands (QSR, value retail) • Surviving the funding winter with unit economics and governance • Inside a strategic exit: Yaantra’s acquisition by Flipkart • Continuation funds (Yugadi): GP-led secondaries and longer hold periods • Bharat-scale distribution: store economics, payback, and format innovationSubscribe to the Founder Thesis Podcast Follow Akshay Datt on LinkedIn for exclusive content Visit founderthesis.com for more founder storiesChapters 00:00 - Abhishek Sharman’s Journey & Carpediem 05:10 - Operator-Led Private Equity in India 12:40 - Turning SMEs into Category Brands 20:05 - Unit Economics vs. Funding Hype 28:30 - QSR & Value Retail: Bharat Playbook 36:45 - Yaantra→Flipkart: Anatomy of an Exit 45:20 - Continuation Funds & GP-Led Secondaries 53:10 - AI in Ops, Governance, What’s Next#AbhishekSharman #CarpediemCapital #PrivateEquityIndia #ConsumerBrands #QSRIndia #ValueRetail #SMEtoBrand #OperatorLedPE #FundingWinter #UnitEconomics #Governance #ContinuationFunds #GPLedSecondaries #BharatScale #AIinOperations #UPIIndia #AIFCategoryII #Flipkart #Yaantra #FounderThesis

How did a first-time fund manager build one of India’s most influential fintech-focused VCs in the middle of a funding winter? In this Founder Thesis Podcast episode, Sagar Agarvwal, Co-founder & Managing Partner of Beams Fintech Fund, shares his journey of creating India’s first pure growth-stage fintech venture fund and the playbook for spotting winners at the 100→1000 crore inflection point.With over 17 years in private equity and venture capital, Sagar explains why fintech is the backbone of every economy, how Beams carved out a niche in India’s crowded VC landscape, and what it takes to convince both investors and founders when you’re a new name in the market. In this candid conversation with Akshay Datt, he breaks down Beams’ disciplined portfolio strategy, contrarian views on unsecured lending, and why fintech founders must think “fin first, tech second.” For anyone building, scaling, or investing in India’s financial services revolution, this episode is packed with practical insights and timely lessons.Key Highlights: How Sagar Agarvwal built Beams Fintech Fund into India’s first pure growth-stage fintech VC platform Lessons from scaling a $120M fund in India’s funding winter Beams’ unique investment thesis across payments, lending, insurtech, and infra Why “fin first, tech second” is the mantra for fintech founders Contrarian insights on unsecured vs secured lending in India Macro trends reshaping India’s financial services ecosystem👉 Subscribe to the Founder Thesis Podcast 👉 Follow Akshay Datt on LinkedIn for exclusive founder stories 👉 Visit founderthesis.com for more episodes00:00 - Sagar Agarvwal’s 17-Year Investor Journey 05:20 - Why Fintech Is the Backbone of Every Economy 13:15 - Building Beams Fintech Fund from Zero to $120M 21:40 - Convincing Investors and Founders as a First-Time Fund Manager 32:50 - Beams’ Investment Playbook: Profit Pools & Inflection Points 44:25 - Case Study: Niyo, Progcap & Credgenics Investments 53:10 - Funding Winter: How Smart Founders Survive 59:40 - Fintech Founder Mistakes and Investor LessonsSagar Agarvwal, Beams Fintech Fund, fintech VC India, fintech venture capital, fintech growth stage India, Niyo investment, Progcap funding, Credgenics startup, InsuranceDekho VC, India fintech funding winter, unsecured vs secured lending India, Akshay Datt Founder Thesis, India fintech ecosystem 2025, UPI growth India, RBI fintech regulations, fintech venture fund India, growth stage VC India, fintech investing playbook, Beams VC thesis, future of fintech India