

Founder Thesis
ThePodium.in
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

Dec 21, 2022 • 56min
The $3 Bn Stock Trading Startup | Raghu Kumar @ Upstox
Raghu Kumar is one of the unique founders we have featured. He and his brother grew up in the US and converted a ten thousand dollar investment into 2 million dollars through algorithmic trading in just 2 years. Upstox became a unicorn in 2021. In 2020, Raghu stepped down from the operational team of Upstox (but remains the largest shareholder of Upstox) to start his next venture. Raghu talks about his journey of making phenomenal wealth through trading and building Upstox in a highly competitive market.Know about:- Running the News Trading Strategy Making money in Forex trading Employing direct market access Competitive differentiation

Dec 21, 2022 • 48min
The SaaS Biz Powering Logistics Startups | Soham Chokshi @ Shipsy
Shipsy is like the operating system of logistics - helping companies run logistics operations efficiently, with minimal paperwork and information loss. Soham is an investment banker inspired by Bloomberg to build a platform business and has had a fascinating journey of discovering product-market fit and building Shipsy into a global Saas business.Know about:- Starting off as aggregators for last minute Pitch to investors Tackling local nuances in building a global product Generating inbound leads

Dec 14, 2022 • 1h 6min
Democratizing Concierge Wealth Management | Ujjwal Jain @ WealthDesk
Most headlines celebrate unicorn valuations of startups, but what we really need to celebrate is when a startup generates a healthy return on investment for its investors and founders. This episode is a celebration of a founder who raised less than 5 mn dollars while building his startup which eventually got acquired for 75 mn dollars.Know about:- Treasury and its importance after 2009 financial crisis Choosing a wealth basket for greater diversity Platform strategy and customer journey Acquisition by PhonePe

Dec 12, 2022 • 55min
Building The On-demand Edtech Platform | Imbesat Ahmad @Filo
Filo makes it possible for students to connect with teachers within 60 seconds for a live one-on-one learning session. Imbesat is a serial entrepreneur in the education space. He talks about building products that deliver real outcomes for students and how to scale mission-driven educational ventures.Know about:- Helping students in Kashmir 2 parts of learning- data transfer and data processing Reviews to install ratio Pricing strategy

Dec 9, 2022 • 1h 9min
Account Aggregation: the next UPI | Kumar Srivatsan @ Fego
Account aggregation is a process that enables one to gather all their financial data from multiple sources into a single location. This technology is set to change our relationship with finance fundamentally. Fego is an Open-Finance platform that is building products on the account aggregator framework.Know about:- 2 types of lending models History of account aggregator framework Reasons for multiple account aggregator operators Finance is no longer a separate vertical but an embedded feature

Dec 7, 2022 • 1h 32min
The Serial Mobility-Tech Founder | Brijraj Bhuptani @ Spry
Brijraj has explored the mobility space from multiple perspectives. His first venture Ridlr was an app to help people navigate public transport. He started Spry which is a full-stack digital health platform for physiotherapists to help their patients lead pain-free lives. Spry is a great example of a made-in-India product and Brijraj is targeting the US market as its primary revenue stream.Know about:- Solving for Indian traffic; building Ridlr Introducing mobile ticketing for unreserved category Competitive differentiation: using software Customer acquisition strategy

Dec 5, 2022 • 1h 20min
Purpose, Pivots & Building Altigreen's EV Dream | Dr. Amitabh Saran
"What do you want to be remembered for?"This was the pivotal question posed to Dr. Amitabh Saran during a corporate workshop at Hewlett-Packard that dramatically shifted his perspective on his career and life's work. It wasn't about being a good son or brother, but about tangible contributions to the planet. This profound moment of reflection eventually guided his impactful entrepreneurial journey towards founding Altigreen Propulsion Labs, a company aimed at solving India's critical transportation and environmental challenges.Dr. Amitabh Saran is the Founder & CEO of Altigreen Propulsion Labs, an innovative Indian electric vehicle (EV) company that has successfully raised nearly $50 million in funding, with major backers including Reliance New Energy. Under his leadership, Altigreen has developed a significant patent portfolio with over 29 patents granted across more than 60 countries, focusing on creating EVs "Made in India, Made for India."Key Insights from the Conversation: The "Epitaph" Moment: A simple question about one's legacy can be a powerful catalyst for re-evaluating your life's work and driving you towards more purposeful ventures. Solving for India, by India: Instead of merely replicating Western models, there's immense opportunity and need for building products and services tailored to India's unique challenges and environment. From Software to Hard Tech: The journey of an entrepreneur can take unexpected turns, leveraging foundational skills (like computer science) to tackle complex hardware and manufacturing challenges in new industries like EV. Pivoting with Vision: Knowing when to pivot a business—like moving from a content platform to being acquired, or from being a component supplier to a full-fledged OEM—is crucial for the long-term realization of a founder's vision.Chapters: 00:00 Introduction to Altigreen and Its Focus 01:28 Amitab's Early Career and Inspirations 07:54 First Startup: Computer Telephony Software 10:10 Second Startup: Buzzing Town's Focus 21:57 The Pivotal Question About Contributions 27:50 Genesis of Altigreen and Motivations 31:57 Innovation and EV Technology Development 40:49 Product Development and Testing Phases 51:22 OEM Partnerships and Manufacturing Shift 01:11:53 Current Status and Future ExpansionHashtags for YouTube:#FounderThesis #AmitabhSaran #Altigreen #ElectricVehicles #EVIndia #StartupIndia #IndianEntrepreneur #MakeInIndia #TechStartup #Innovation #Sustainability #CleanEnergy #Entrepreneurship #StartupJourney #Leadership #ElectricMobility #Podcast #BusinessPodcast

Dec 2, 2022 • 1h 5min
Masterclass: Building Viral Digital Brands in India | Anirudh Pandita (Pocket Aces & Loco)
"The default state of your business is usually dead." This stark insight from Anirudh Pandita, founder of Pocket Aces and Loco, underscores the harsh reality of entrepreneurship. It’s a reminder that survival and success are not givens, but outcomes of relentless effort, strategic pivots, and often, a bit of luck with timing.Anirudh Pandita is the co-founder of digital entertainment company Pocket Aces and founder of India's leading game streaming platform, Loco. An ex-investment banker with an engineering degree from the University of Illinois Urbana-Champaign and an MBA from Wharton, Anirudh transitioned to entrepreneurship, building Pocket Aces to a company reaching 70-80 million people weekly and reportedly in the ₹100-200 crore revenue range. Loco, after being spun off, raised over $50 million ($9M seed and $42M Series A), and its earlier trivia app avatar was once the fastest to hit 1 million daily active users in India.Key Insights from the Conversation: The Accidental Entrepreneur: Anirudh initially had ambitions to start a business but no clear path or family background in it, leading him through Wall Street to understand how businesses are built before taking the entrepreneurial plunge. Pivoting for Product-Market Fit: Pocket Aces started with an idea for films but quickly pivoted to digital content for mobile-first Indian youth upon recognizing the slow pace of the film industry and the shifting media consumption habits. Experimentation and Virality: The success of FilterCopy came from a culture of experimentation which helped identify what content resonated with audiences, while the initial version of Loco as a live trivia app achieved massive virality due to a unique interactive experience. Building a Moat with Community: Loco's shift to game streaming was driven by the insight that gaming was becoming a massive content category, and the strategy focused on building a strong community of gamers and streamers, an area where global players like Twitch were perceived to be weak in India.Chapters: [01:29] From Wall Street to Digital Entertainment in India [06:59] The Birth of Pocket Aces: Pivoting from Bollywood Dreams [18:03] Cracking Viral Content: FilterCopy, Dice Media & "Solving Boredom" [22:43] Funding Pocket Aces & The Frugal Startup Mentality [28:01] Loco's Origin: Acquiring Showtime & The Trivia App Craze [30:41] The Big Pivot: Why Loco Ventured into Game Streaming [47:13] Understanding India's Gaming Community & Twitch's Gap [56:21] Monetizing Gaming in India: Ads, Microtransactions & Future Vision [58:45] Raising $50M+ for Loco: Pitch, Execution & Global Ambitions [1:04:00] Anirudh's Advice to Founders & The Power of "Just Doing It"Hashtags for YouTube: #AnirudhPandita #Loco #PocketAces #FounderThesis #IndianStartups #GamingIndia #EsportsIndia #DigitalContent #Entrepreneurship #StartupJourney #VentureCapital #MobileGaming #Streaming #TechIndia #MakeInIndia #StartupStory #InvestmentBanking #Wharton #ContentCreation #MediaTech

Nov 30, 2022 • 1h 3min
Building India's 911 | Prabhdeep Singh @ StanPlus
Thousands of lives are lost every day due to delays in accessing ambulances on time. India can save over 20% of patients suffering cardiac arrest every year if ambulances/ first aid care facilities reach them in a timely manner. StanPlus is a medical emergency response platform that is solving the problem of access to ambulances. Prabhdeep talks about the unique challenges of building in the healthcare space in India, some of the smart decisions he took around following an asset-light approach and how he scaled up StanPlus.Know about:- Triaging and the related issues Integrating with hospitals Taking the transaction layer out of ambulance service Ambulances as dark stores

Nov 28, 2022 • 1h 8min
Fixing the employability gap | Santanu Paul @ TalentSprint
TalentSprint is the market leader in high-end deeptech boot camps for young working professionals, helping them acquire new-age tech skills. Santanu talks about the journey of building up TalentSprint with very little external capital, pivoting from an offline business to an online business, being acquired by NSE, and the road ahead.Know about:- “We collect before we deliver”- building a capital-efficient business The phase of shutting down the business Fate-turning moment- launching the first AI machinery program Fintech for Edtech