Shiprocket’s Post

My dad said that he was the founder of Rapido But years back! I had this conversation with my dad the other day who works as a consultant in Arab and he dropped something interesting. He said that he had this idea of commercializing Bike taxis years before Rapido was founded. By 2018 Rapido had become an interesting business model that even Uber and Ola had to catch up on. What am I trying to say? Idea in its raw form and reaching your first 1$ in sales are two different things. There is a lot that goes into building a product - Brainstorming - Product ideation - Product Market Fit - Minimum Viable Product - Marketing strategy - GTM This is just the tip of the iceberg. And that's what separates an entrepreneur from some common person coming up with the same idea This is day 12 of building Impact Artists in public Are you building your idea this weekend? #startupidea #ideation

“A lot of investors shy away from building complex businesses. For us, we love complex businesses.” – Pankaj Makkar, MD, BII Throwback to Shiprocket’s appearance on Brunch Labs, when we discussed how Shiprocket’s journey with Bertelsmann took off! In their first few meetings, Pankaj challenged Shiprocket’s founders to think bigger—and they did. Within just 30 days, Saahil Goel, co-founder, and his team built a new product that wowed both Pankaj and Rohit Sood, Partner at BII. This pivotal moment set the foundation for a lasting partnership, fueling Shiprocket’s journey to becoming India’s leading e-commerce enabler. As Saahil put it, “Bertelsmann allowed us to find our path, instead of typecasting us into a mould from day one.” 🚀 From bold ideas to billion-dollar impact—this is what visionary investing looks like. 📺 Watch how BII and Shiprocket built something extraordinary together: https://lnkd.in/d8jVsSXK Gautam Kapoor Akshay Ghulati Vishesh Khurana #BertelsmannIndiaInvestments #Shiprocket #ecommerce #IndianStartups #Innovation #Growth #venturecapital #BrunchLabs

The story of Carvana is nothing short of extraordinary—a testament to resilience, strategic pivots, and market dynamics. In December 2022, Carvana’s market cap had dwindled to just $393.98 million. Analysts were skeptical, competitors were circling, and the company appeared to be on the brink of collapse. Fast forward two years, and Carvana’s market cap has skyrocketed to $53.1 billion—a staggering 120x increase in public market value. How did this turnaround happen? #Carvana capitalized on shifting #consumer preferences for online car buying, optimizing its digital platform to provide a seamless and innovative customer experience. By addressing pain points like pricing transparency, ease of delivery, and trade-in processes, Carvana became a trusted name in an industry ripe for #disruption. Real-world examples further highlight this phenomenon. Tesla, once a niche player in the electric vehicle market, grew its market cap from $50 billion in 2017 to over $1 trillion in 2021 by leveraging innovation and consumer trust. Similarly, Shopify saw exponential growth by redefining e-commerce infrastructure, reaching a market cap of over $150 billion at its peak. The lesson here is clear: businesses that combine bold vision, operational excellence, and the ability to adapt to market conditions can achieve unprecedented growth, even in seemingly dire circumstances. Carvana’s turnaround is not just a story of survival but one of reimagining an industry and delivering exponential value to stakeholders. For #founders, #investors, and #entrepreneurs, it serves as a powerful reminder of the potential for transformation when strategy meets opportunity. #zulfiqarhaidershah #syedzulfiqarhaider #sparkofbrilliance #Founder #Funding #BusinessGrowth #Investing #VC #VentureCapital #Entrepreneurship #StartupSuccess #MarketTrends #GrowthStrategy #Innovation #Leadership #PublicMarkets #BusinessInsights #DigitalTransformation #Ecommerce #ConsumerBehavior #MarketTurnaround #InvestorSuccess #Disruption #ScalingBusiness #SuccessStory #EconomicTrends #TechInnovation #VisionaryLeadership

🚀 Rapido’s Journey: Disrupting India’s Ride-Hailing Market 🛵 Rapido’s rise showcases how a lean, locally tailored approach can disrupt even competitive markets dominated by giants like Ola and Uber. Founded in 2014, Rapido capitalized on India’s heavy reliance on two-wheelers, launching a bike-taxi service that offered faster, cheaper rides—perfect for the country’s commuters. By focusing on Tier 2 and 3 cities and a driver-centric model, Rapido grew from 500 rides a day in 2016 to 16.5 lakh by 2024. Though challenges remain, Rapido’s innovative strategy has transformed the ride-hailing landscape. 🌟 #Rapido #BikeTaxi #Cognizive #Innovation #BusinessGrowth #Disruption #RideHailing #Entrepreneurship #Tech https://lnkd.in/gUh-DHpu

A moment of reflection on the first 4 months of OUNO's second year in business, I've learned valuable lessons about high-growth companies and the importance of focusing on daily progress. Instead of solely looking at monthly targets, breaking down each day's achievements and challenges has brought clarity and kept us on track towards our goals. Celebrating each new client and measuring growth in % rather than numbers has been key. This approach not only provides a more granular view of our progress but also helps in maintaining motivation and momentum. Moreover, I've realised the significance of analysing our performance comprehensively. By scrutinising what we've achieved each day, identifying areas for improvement, and strategising for the future, we can continuously refine our efforts and strive for excellence. One of the most valuable insights has been the need to find my "sweet spot" in the business and not get caught up in being pulled pillar to post. Spending time after hours to review our daily accomplishments, assess what could have been done better, and plan for the next day has proven instrumental in optimising our operations and maximising our impact. As we continue our journey of growth and innovation at OUNO, these lessons will remain fundamental in guiding our strategies and ensuring sustained success. Every day I leave the office proud of at least one thing we have achieved in the day and even more excited about what we have on tomorrow! Here's to embracing the daily grind and achieving even greater milestones ahead! #Entrepreneurship #BusinessGrowth #DailyProgress

💫 How is Zepto Scaling Up Business with Profit at the Same Time? Zepto has masterfully centered its business model around profit and cash flow while achieving exponential growth. Here’s how: 1. Focus on the Dark Store Model: Instead of diversifying their solutions, Zepto zeroed in on a single approach - the Dark Store model. What does this do? Solves Customer Problems: By significantly saving customers time, they have achieved their trademark promise - "Delivery in 10 minutes." 2. Strategic Expansion: With the Dark Store model at the core, their strategy revolves around increasing the number of these stores. This results in: Decreasing Delivery Time Increasing Profit per Store Attracting More Funding #Zepto #BusinessGrowth #Profitability #DarkStoreModel #zeptocafe Credits: Youtube: https://lnkd.in/gX58nUUj Backstage With Millionaires

“𝗦𝗰𝗮𝗹𝗶𝗻𝗴 𝗮 𝗺𝗮𝗿𝗸𝗲𝘁𝗽𝗹𝗮𝗰𝗲 𝗶𝘀 𝗼𝗻𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗵𝗮𝗿𝗱𝗲𝘀𝘁 𝘁𝗵𝗶𝗻𝗴𝘀 𝗶𝗻 𝘀𝘁𝗮𝗿𝘁𝘂𝗽𝘀. 𝗕𝘂𝘁 𝘄𝗲 𝗳𝗼𝗰𝘂𝘀𝗲𝗱 𝗿𝗲𝗹𝗲𝗻𝘁𝗹𝗲𝘀𝘀𝗹𝘆 𝗼𝗻 𝗳𝘂𝗹𝗳𝗶𝗹𝗹𝗺𝗲𝗻𝘁 𝗮𝘀 𝗼𝘂𝗿 𝗻𝗼𝗿𝘁𝗵 𝘀𝘁𝗮𝗿 𝗺𝗲𝘁𝗿𝗶𝗰." 𝘏𝘰𝘸 𝘥𝘰 𝘺𝘰𝘶 𝘵𝘶𝘳𝘯 𝘢𝘯 𝘦𝘷𝘦𝘳𝘺𝘥𝘢𝘺 𝘷𝘦𝘩𝘪𝘤𝘭𝘦 𝘪𝘯𝘵𝘰 𝘢 𝘨𝘢𝘮𝘦-𝘤𝘩𝘢𝘯𝘨𝘪𝘯𝘨 𝘮𝘰𝘣𝘪𝘭𝘪𝘵𝘺 𝘴𝘰𝘭𝘶𝘵𝘪𝘰𝘯? In the second episode of Lunch Break with Lightspeed, Romit Mehta caught up with Aravind Sanka, Co-Founder of Rapido, to discover how Rapido flipped the script on urban transport in India. From bikes to auto rickshaws, Rapido has found a way to make everyday vehicles work smarter, scaling to 75+ cities and millions of rides every day—all while keeping things simple, affordable, and customer-first. Discover how they solve mobility challenges, build trust in two-sided marketplaces, and create a sustainable path to profitability. Link to the full video in comments ⬇️

𝐁𝐔𝐈𝐋𝐃𝐈𝐍𝐆 𝐀 𝐌𝐎𝐁𝐈𝐋𝐈𝐓𝐘 𝐆𝐈𝐀𝐍𝐓: 𝐓𝐇𝐄 𝐑𝐀𝐏𝐈𝐃𝐎 𝐒𝐓𝐎𝐑𝐘 🏍️ ⁣ Had a mind-blowing conversation with Aravind Sanka, the founder of Rapido, on the latest edition of Lunchbreak with Lightspeed. 🎧 ⁣ ⁣ We explored his journey of building India's largest mobility player from the ground up, battling giants, and transforming how India commutes.⁣ ⁣ 𝐊𝐞𝐲 𝐭𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬 𝐟𝐨𝐫 𝐟𝐨𝐮𝐧𝐝𝐞𝐫𝐬:⁣ * 𝘚𝘰𝘭𝘷𝘦 𝘳𝘦𝘢𝘭 𝘱𝘳𝘰𝘣𝘭𝘦𝘮𝘴: Don't chase trends. Focus on solving everyday challenges that people face. Rapido identified the need for affordable and efficient commuting and built a solution around it. 💡⁣ * 𝘙𝘦𝘴𝘰𝘶𝘳𝘤𝘦𝘧𝘶𝘭𝘯𝘦𝘴𝘴 𝘪𝘴 𝘬𝘦𝘺: Look for creative ways to leverage existing resources. Instead of adding more vehicles to already congested roads, Rapido tapped into India's abundance of two-wheelers. ♻️ * 𝘚𝘵𝘢𝘳𝘵 𝘧𝘰𝘤𝘶𝘴𝘦𝘥, 𝘵𝘩𝘦𝘯 𝘴𝘤𝘢𝘭𝘦: Begin with a specific geographic area and target audience to validate your concept and gain early traction. Rapido initially focused on a small area in Bangalore and young office goers. 🎯⁣ ⁣ 𝐎𝐭𝐡𝐞𝐫 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐟𝐫𝐨𝐦 𝐀𝐫𝐚𝐯𝐢𝐧𝐝:⁣ * 𝘛𝘩𝘦 𝘗𝘔𝘍 𝘱𝘶𝘻𝘻𝘭𝘦: Product-Market Fit is not a one-time event; it's an ongoing process. Continuously experiment, gather user feedback, and iterate your product until it truly resonates with your target audience. 🧩⁣ * 𝘌𝘮𝘱𝘰𝘸𝘦𝘳 𝘺𝘰𝘶𝘳 𝘱𝘢𝘳𝘵𝘯𝘦𝘳𝘴: in Rapido’s case, they treated drivers/captains as partners, not just resources. They understood their needs and preferences. Rapido switched from a commission model to a subscription model to provide more transparency and stability for their drivers. 👍⁣ * 𝘋𝘢𝘷𝘪𝘥 𝘷𝘴. 𝘎𝘰𝘭𝘪𝘢𝘵𝘩: Don't be intimidated by larger competitors. Focus on cost efficiency, customer satisfaction, and outmaneuvering the giants. Rapido proved that even with limited resources, you can disrupt the market. 💪⁣ ⁣ Listen to the full podcast for more invaluable insights🎙️⁣ #mobility #startups #india #growth #entrepreneurship #venturecapital #rapido

A passion for building a transformative company, rather than a mere pursuit of wealth, is what drove the success for #Zepto– the company with a market valuation of $5 billion, said co-founder and CEO Aadit Palicha. Click on the link below to know more... Zepto I Aadit Palicha I Kaivalya V. #quickcommerce #qcommerce #quickdelivery #retailindustry #retailgrowth #retailing #businessgrowth #Indianretailmarket #retailresults #retailindia #retailupdates #retailsectornews #businessnews  #retailbusiness #ir #IndiaRetailing

100 Days 100 Unicorn companies 41/100 Spinny Spinny achieved unicorn status in November 2021. They secured a Series E funding round of $285 million, led by ADQ and Tiger Global. This funding pushed their valuation to over $1.5 billion, officially making them a unicorn. Identifying Customer Pain Points and Solutions: Pain Point: Lack of Transparency and Trust: The used car market is often plagued by hidden issues and unreliable sellers.Uncertain Pricing and Haggling: Negotiation and fluctuating prices can be stressful and time-consuming.Inconvenient Transaction Process: Buying a used car often involves tedious paperwork and logistics. Solution: Spinny conducts a thorough 200-point inspection on every car. Detailed reports highlight the condition of the vehicle, building trust and transparency.Spinny offers fixed, transparent pricing based on market data and vehicle condition, eliminating the hassle of haggling. Spinny streamlines the process with online browsing, doorstep delivery, and assistance with paperwork, making it convenient and hassle-free.