Episodes
In this episode of the Backstage With Millionaire Podcast, Caleb and Pankaj sit with Riten Debnath of Fueler.io to discuss his journey of building his startup, Fueler.    Fueler is an online platform to help you showcase your work on the internet. It's like Github but for Generalist individuals.
Published 12/13/22
Permissionless, a deep-tech startup founded by Roshan Vadassery, is  building open-source public infrastructure on the internet. Backed by ex-General Partner a16z Balaji Srinivasan, their viral Gen Z startup culture is attracting some of the brightest minds in India. Check out Permissionless here: https://prmsnls.xyz/ Roshan Vadassery's LinkedIn: https://www.linkedin.com/in/roshan-vadassery-951708138/ Roshan Vadassery's Twitter: https://twitter.com/roshanvadassery Merch:...
Published 11/21/22
Will Poole started Capria Fund as a fund-of-funds, with a network of more than 15 managers and a collective AUM of more than $1 billion and presence in the leading tech hotspots in Africa, Latin America,  Southeast Asia, and India. Capria's second fund is structured as a  conventional venture fund, investing in individual early-growth  startups selected from the 350-company portfolio of their partners  across the global south. Will Poole first came to India in 2003, leading Microsoft's...
Published 11/16/22
In this episode of Backstage With Millionaires, Caleb discusses ONDC with founders of Gogappi, Arvind Sekhar and Samhitha Kotaamasu, one of India's first ONDC buyer apps.   Gogappi is one of the first startups on ONDC.   ONDC is short for Open Network for Digital Commerce, it is an initiative by the government of India to promote an open network for exchange of goods and services over the Internet. This basically means that the government is trying to create a level playing field for all the...
Published 11/08/22
We tried ONDC. Here's how it went. Twitter: https://twitter.com/bwmillionaires/  LinkedIn: https://www.linkedin.com/company/backstagewithmillionaires/  Instagram: https://www.instagram.com/backstagewithmillionaires/  Discord: https://discord.gg/XySGGhXKep Podcast: https://anchor.fm/bwmillionaires
Published 11/01/22
Rahm Shastry is a serial entrepreneur from Bengaluru and the Silicon Valley. He is also an active angel investor who helps companies with his vision and business strategies.    He talks about his journey, DriveU's growth, his exit form TaxiForSure, and unit economics.    ----------------------------------------------------------------------------------------------------------------  On today's episode:   00:00 Intro  00:52 DriveU's background  02:23 Who is Rahm Shastry?  03:23 A life...
Published 10/31/22
Check out BWM's Merch: https://merchter.com/stores/backstage-with-millionaires  Our Podcast on Ola Electric and Bhavish Aggarwal: https://youtu.be/GyAdwp0OhR8  --------------------------------------------------------------------------------------------------------------------------------------------------------------------- This week in Indian Startup News: BYJU'S shut down their Kerala office, 900+ restaurants opted out from Swiggy Dineout, Ola Electric has launched its third e-scooter...
Published 10/29/22
In this third episode of Backstage With Millionaires podcast, Caleb and Pankaj talk about recent controversy on Ola's toxic work culture.    Bloomberg in a recent article, talked about several instances where Bhavish Aggarwal, founder and CEO of Ola, behaved in a manner which could be termed as 'toxic'.   During one of the instances, "When Bhavish Aggarwal arrived for a recent visit at the Ola Futurefactory, marketed as the world’s largest electric two-wheeler plant, the company’s founder...
Published 10/25/22
This week in Indian Startup News: Ola Employees reveal hostile work culture, BYJU’S raises $250 Mn, Karnataka HC Allows Ola, Uber, Rapido To Continue Auto Services and Flipkart launched Flipverse.  ------------------------------------------------------------------------------------------------------------------------------------------------ 00:00 Introduction 00:06 Ola Employees reveal hostile work culture 01:27 BYJU’S raises $250 Mn 02:50 Bird's Eye Segment 03:48 Karnataka HC Allows Ola,...
Published 10/25/22
00:00 - Intro 00:30 - What's going wrong? 03:33 - Blinkit Deal 06:33 - Why are restaurants unhappy? 08:33 - What does Zomato have to say?  When Zomato went public last year, it was considered as the biggest startup IPO in the Indian market. Its valuation was just around $5 Billion before going public, and they were targeting a valuation of over $8 Billion post IPO.   And that did happen, honestly. Zomato’s IPO was super-successful. Their investors made 65% gains on listing day itself....
Published 10/21/22
In this second episode of BWM Podcast, Caleb and Pankaj discuss current situation at BYJU's and their future plan of going global.   BYJU's recently revealed their numbers for FY-21 and it's revenue from operations barely grew  4% to Rs 2280 crore in FY21 from Rs 2,189 crore in the previous fiscal year (FY20). However, the company’s losses ballooned 14.9X to Rs 4,564 crore during the same period.  After this announcement, BYJU's fired 2500 of it's employees and announced a plan to become...
Published 10/18/22
Check out BWM's Merch - https://merchter.com/stores/backstage-with-millionaires  This week in Indian Startup News: Karnataka government bans Ola, Uber and Rapido Auto, Byju's are going to layoff 2,500 employees, RBI to soon pilot Digital Rupee  ------------------------------------------------------------------------------------------------------------------------------------------------  Karnataka government bans Ola, Uber and Rapido Auto: 1. The transport department of Karnataka issued...
Published 10/15/22
In this first episode of our new 'Unnamed' podcast, Caleb and Pankaj discuss the impact of UPI going Global.  UPI (Unified Payments Interface) is an instant real-time payment system developed by National Payments Corporation of India. The interface facilitates inter-bank peer-to-peer and person-to-merchant transactions.  Currently, more than 15 countries have either adopted or are in process of adopting UPI. These include Singapore, Malaysia, France, Japan and Oman.  Recently because of...
Published 10/10/22
This week in Indian Startup News: UPI is off to International markets, ONDC launches its Beta tests!, Meesho crosses Amazon in festive sale orders. UPI is off to International markets: 1. On 3rd of April, 2020, the NPCI registered a subsidiary company called NPCI International Payments Limited (NIPL) with a motive to make UPI an internationally accepted and used payments service. The NIPL’s primary focus is to make UPI and RuPay as widely accepted as possible and it seems like they are on...
Published 10/08/22
This week in Indian Startup News: Swiggy will soon start the pilots for middle-mile drone deliveries, Flipkart will reportedly enter Metaverse with the launch of "Flipverse", Mahindra Logistics acquired Rivigo for an undisclosed amount.   ------------------------------------------------------------------------------------------------------------------------------------------------  00:00 Introduction 00:13 Swiggy pilots middle mile drone deliveries 02:07 Flipkart will reportedly enter the...
Published 10/03/22
This week in Indian Startup News, OYO has filed for an IPO, UPI can now be used in credit cards too, ONDC beta testing to begin soon, Co-founder of Zepto, recently emerged as the youngest Indian to have a net worth of over Rs 1,000 crore in a survey.  00:12 Introduction 02:37 OYO filed for an IPO 03:50 UPI can now be linked to Credit Card 03:53 Sponsored Segment 04:57 Bird's Eye Segment 07:12 Quick Updates  OYO has become EBITDA positive for the first time since its registration in 2012. The...
Published 09/30/22
In the first and second part of ‘How Bengaluru became India’s Silicon Valley’, we discussed the journey from Bengaluru’s early history, to setting up of Indian Institute of Science, and then finally the post dot-com bubble burst scene.   In this video, we take a look at how Amazon’s arrival into India changed Bengaluru’s entrepreneurship scene forever. Amazon hired best talent in India and focussed obsessively on customer satisfaction, and this was adopted by two of it’s employees, Sachin and...
Published 09/29/22
In this video, we take a look at top 10 startups based out of the city of Pune.  CHAPTERS:  0:00 Intro 1:30 Noccarc Robotics 2:37 EventBeep 3:33 Pariksha 4:29 Bamboo India 5:27 Repos Energy 6:48 Haber 7:56 RoadBounce 8:56 Fittr 9:55 Moonshine 10:48 Biddano   1. Noccarc Robotics: Noccarc invented a solar panel cleaning machine that doesn’t use water and is fully automated. They were off to a really great start as a company - they raised a $1.6 million seed round from the Indian Angel Network....
Published 09/22/22
This week in Indian Startup News, Instant Grocery Delivery startups extend their delivery time, Byju's losses pile up, ONDC beta testing to begin soon, Lido learning files for bankruptcy.   00:00 Introduction 00:30 Instant Grocery Delivery startups extend their delivery time 03:33 Byju's losses pile up 04:30 Bird's Eye Segment 06:13 ONDC beta testing to begin soon 06:38 Lido learning files for bankruptcy 06:50 Sponsored Segment 08:15 BWM Update   Instant Grocery Delivery startups extend...
Published 09/17/22
upGrad was started by Mayank Kumar and his two friends Ravijot Chugh & Phalgun Kompalli. They were later joined by serial entrepreneur Ronnie Screwala as the fourth co-founder.   Mayank got the idea for upGrad when he saw a major gap in India's education sector. Mayank discovered that brick & mortar higher education was reaching less than a quarter of TAM - that’s 150 million people that make up the total addressable market, who should be in college, but aren’t, and Mayank saw this as...
Published 09/15/22
This week in Indian Startup News:  1. “Unacademy One” launched by Unacademy 2. Flipkart launched a new hotel booking service- Flipkart Hotels 3. Bengaluru is flooded 4. Tata 1mg becomes a unicorn 5. Ola Electric’s EV registrations have fallen.  00:00 Introduction 00:10 Flipkart launches Flipkart Hotels 02:14 Unacademy launches Unacademy One 04:21 Bird’s eye Segment 05:50 Quick Updates 07:05 BWM Update  Unacademy launched Unacademy One - a collection of 50 youtube channels: Indian Ed-tech...
Published 09/15/22
This week in Indian Startup News, Zomato just launched an Intercity Food Delivery Pilot, Indian Govt to promote over 10,000 startups, NPCI looking to pick 9-10% stake in ONDC.   00:00 Introduction 00:13 Zomato just launched an Intercity Food Delivery Pilot 02:21 Bird's Eye Segment 03:12 Sponsored Segment 06:14 Indian Govt to promote over 10,000 startups 07:09 NPCI looking to pick 9-10% stake in ONDC 08:30 BWM Team Update   Zomato just launched an Intercity Food Delivery Pilot: Food delivery...
Published 09/04/22
This week in Indian Startup News, Ex-unicorn Rivigo looking for Buyers at discounted price, Dezerv raises funding, Unacademy's Relevel shuffles 100 employees internally, ONDC to open for public from September.  00:00 Introduction 00:12 Ex-unicorn Rivigo looking for Buyers at discounted price 02:17 On the side 03:00 Bird's Eye Segment 04:33 Startup Spotlight 08:45 ShopX shuts down 09:40 Unacademy's Relevel shuffles 100 employees internally 11:03 ONDC to open for public from September...
Published 08/27/22
In this interview, I sit with Pratham Mittal of Masters' Union School of Business.    00:00 Introduction 02:23 Early Entrepreneurial life 09:04 College Hackathon  15:00 How to deal with Failure? 18:01 First company 25:28 Moving back to India 27:07 Why education? 29:01 Why India? 31:17 How Masters' Union started? 36:15 Problems with current Education System 37:37 Starting Masters' Union 49:15 Profitability in Edtech   We talk about Pratham's journey, from Jalandhar to Doon School and then to...
Published 08/23/22
This week in Indian Startup News, PRAVAIG announce their first EV, Ola launches Electric Car and S1 scooter, PhonePe building Grocery Delivery App, Cred’s acquisition of Smallcase falls through. PRAVAIG announce their first EV: Pravaig Dynamics has officially announced their first production EV. Company has been developing this EV in stealth mode for sometime now however there is no fixed timeline on when this EV will hit the market. Ola launches Electric Car and S1 scooter: Ola has finally...
Published 08/20/22