

Founder Thesis
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Dickens said, it was the best of the times, it was the worst of the times. The words have never been truer. Best because there’s never been a better time to be an entrepreneur. Worst because the clutter is mind-numbing. Founder Thesis breaks through the noise to bring you stories of success & failure, grit & struggle, bouquets & brickbats from some of the most brilliant entrepreneurs in India.
Episodes
Mentioned books

Jun 9, 2023 • 1h 3min
Breaking the paywall of high-skilled jobs | Prateek Shukla @ Masai School
Inspired by the teachings of the Masai tribe in Kenya, Prateek started Masai School to help Indian students bridge the skill gap. He’s been through a rollercoaster ride as a founder and he shares his journey of building Masai School, a journey that began soon after he graduated from IIT Kanpur.Additional links:-1. Outcome-Based Education! Know How This Platform Prepares Industry-Ready Tech Talents Through Skill-Based Learning2.This IIT Kanpur alumnus built a coding school in Bangalore that enrols students for free3.How Masai school is helping launch careers and accelerate growth for tech companies by bridging the skill gap

Jun 7, 2023 • 59min
Building the D2C success stack | Sonakshi Nathani @ Bik
Bik helps companies increase the sales of their online stores through AI-powered customer engagement and communication tools. Sonakshi shares the journey of first building up Bikayi as a WhatsApp commerce tool for small businesses before making the pivot to Bik which offers solutions to large global enterprise clients.Additional links:-1.Strengthening Conversational Commerce Bikayi Plans To Scale Bik.ai2.Bikayi partners with WhatsApp to launch BIK.ai, which aims to revolutionize e-commerce marketing globally3.“We enable brands to drive up to 66x ROI” – Ms. Sonakshi Nathani, Co-founder and CEO of BIK (Interview)4.Rebranding of the company and how it stands out in the e-commerce segment : Sonakshi Nathani, Co-founder and CEO of BIK

Jun 5, 2023 • 43min
Empowering founders with debt | Eklavya Gupta @ Recur Club
Recur Club is solving the problem of access to funds for startups with predictable revenue streams. Their secret sauce lies in the deep tech integration that they are able to do with the borrowers.Additional links:-1. Recur Club allocates $15 million in financing to Indian start-up founders affected by SVB crisis2.Most Companies Die Because They Don’t Get Capital At Right Point: Recur Club Founder

May 24, 2023 • 54min
Building the health tech super app | Prasad Kompalli @ Mfine
Prasad Kompalli embodies the playbook for entrepreneurial success. With a strong technological background and 8 patents under his belt, Prasad had a rewarding tenure at SAP, the German tech giant that honed his skills and expertise. He recounts the challenges faced by Mfine, navigating through a near-death experience that ultimately forged a stronger and more resilient company.Additional links:-1.How Bengaluru-Based Startup Mfine Is Bringing Doctors, Clinics To Patients Through AI2.Mfine co-founder Prasad Kompalli on covid-19 impact on healthcare, shift in consumer trends, and growth3.How healthtech startup Mfine is using ai to make virtual consults easier4.Mobile phone now an examination tool in the hands of doctors: Mfine CEO

May 22, 2023 • 57min
Building platforms to empower jobseekers | Tarun Matta @ IIMJobs and Juno School of Business
As an IIM alumnus, Tarun's passion for empowering his fellow batchmates with job opportunities drove him to create IIMJobs.His dedication paid off when Infoedge acquired his venture for a staggering $12mn in 2019. Now, Tarun is taking on his next challenge with Juno School of Business, a game-changing endeavour focused on closing the skill gap in sales and transforming employability.Additional links:-1.Engage with new employees at the earliest: Tarun Matta, Founder, iimjobs.com2.Naukri.com acquires recruitment portals iimjobs.com and hirist.com

May 19, 2023 • 58min
From Gensol to BluSmart: Anmol Singh Jaggi's roller-coaster Journey
Can an electric ride-hailing startup take on Ola and Uber in India and actually reach profitability? In this episode, we uncover how Anmol Singh Jaggi is building BluSmart Mobility, India’s all-electric cab service, into a potential EV unicorn reshaping urban mobility.Anmol Singh Jaggi’s entrepreneurial journey began in college, scaled with a public IPO at Gensol Engineering, and has now pivoted to solving the toughest problem in ride-hailing: profitability. With BluSmart, he’s betting on an asset-heavy EV fleet model, charging infrastructure as a moat, and a no surge, no cancellations customer promise. In this candid conversation with Akshay Datt, Anmol reveals the hard lessons of building during India’s funding winter, his contrarian bet against the “asset-light” VC playbook, and why EV fleets and charging hubs could be the real moat in the future of ride-hailing. This episode is packed with insights on unit economics, funding, policy shifts, and market disruption that every founder, operator, and investor should hear right now.Key Highlights: How Anmol Singh Jaggi built Gensol from dorm-room startup to IPO The founding story of BluSmart and its all-EV ride-hailing model Lessons from scaling during India’s funding winter and COVID shocks Why owning EV fleets and charging infra may beat asset-light models The no surge/no cancellation promise as a customer-first growth lever Policy, capital cycles, and the macro future of EV mobility in IndiaSubscribe to the Founder Thesis Podcast for more deep-dives with India’s top founders. Follow Akshay Datt on LinkedIn for exclusive insights and behind-the-scenes content. Visit founderthesis.com for more inspiring founder stories.YouTube Chapters 00:00 - Anmol Singh Jaggi’s Startup Journey 05:20 - From Carbon Credits to IPO at Gensol 13:15 - Why BluSmart Chose EV Ride-Hailing 21:40 - Breaking the Asset-Light VC Myth 29:55 - BluSmart’s No Surge, No Cancellation Promise 38:20 - Building EV Charging Infrastructure as a Moat 46:30 - Scaling BluSmart During India’s Funding Winter 55:10 - India’s EV Policy & Market Shifts 01:02:40 - Competing With Ola & Uber in India 01:09:15 - What’s Next for BluSmart and EV MobilitySEO Tags Anmol Singh Jaggi, BluSmart, BluSmart Mobility, EV startups India, India EV revolution, electric vehicle startups India, EV funding trends India, ride hailing EV India, EV charging infrastructure India, Ola vs Uber vs BluSmart, BluSmart no surge pricing, future of mobility India, clean mobility startups India, EV ride hailing business model, EV fleet ownership India, BluSmart IPO unicorn, funding winter Indian startups, EV disruption India 2025, Gensol Engineering IPO, Anmol Jaggi founder story, EV policy India

May 15, 2023 • 51min
The first principle path to employability | Ashish Munjal @ Sunstone
Sunstone—an educational disruptor that’s solving India’s unemployability problem with first principle thinking. Ashish is a serial founder and he shares his lessons of finding product market fit, building pricing power, and growth hacking to reach scale.Additional links:-1.This edtech startup is focusing on employability to help students in tier II, III cities2.Sunstone partners with NSDC to provide upskilling courses3.Sunstone adopts a corporate-first approach; gets students job ready with ‘Applied Certification’ courses4.Invest in the right partnerships to hire future-ready professionals: Sunstone’s Piyush Nangru and Ashish Munjal

May 12, 2023 • 1h 15min
Building the B2C communication stack | Shivakumar Ganesan @ Exotel
A small idea that grew into giant success- Shivkumar Ganesan shares his story of building one of India’s pioneering SaaS companies and the rollercoaster ride of building it into the giant that it is today. Listen on for some amazing nuggets about market sizing, finding product market fit, fundraising and lots more.Additional links:-1.AI is changing the way businesses interact with customers: Exotel CEO Shivakumar Ganesan2. Catalyzing the Future of Customer Conversations: How Exotel is Changing The Way Businesses and Customers Connect.3. My mantra was to ensure people don’t go through same kind of mess I did, says Shivakumar Ganesan of Exotel.

May 10, 2023 • 1h 35min
Building the e-commerce platform for factories | Siddharth Vij @ Bijnis
Siddharth spills the beans on starting up Bijnis while still in college. He talks about finding product market fit, raising funds without having an IIT or IIM pedigree, and how they continue to scale Bijnis profitably despite facing competition from extremely well-funded competitors like Udaan and Ajio B2B.Additional links:-1.India’s Bijnis lands $30 million to help manufacturers build digital identity and sell to retailers2.Matrix moments: building a B2B platform that helps digitise manufacturing in India

May 9, 2023 • 59min
Making health insurance frictionless | Mayank Kale @ Loop
Mayank wanted to make healthcare as easy as pie by offering health insurance solutions to companies for their employees. But finding product-market fit became tough. Not one to give up easily, Mayank’s hard work paid off and Loop became the most well-funded startup in the space. He shares his journey of building Loop.Additional links:-1. Mayank Kale and Amrit Singh's Loop is filling the gaps in health insurance2.How Loop Health’s group insurance plans go beyond securing lives to improve healthcare delivery3.How Loop Health is transforming care delivery in India with a focus on preventive care


