Shows
Zero to InfinityMeet the Founders of Finnable: ₹3,000 Cr Phygital Lending Powerhouse | Zero to InfinityIndia’s largest creditworthy segment remains invisible to the lending ecosystem, not because of a credit problem, but because of a design problem.
When every lender chased the top tier or flooded the informal market, Finnable saw an opportunity to build for the 60–70% in between: salaried, PF-backed Indians earning ₹15–40K a month.
Join co-founders Amit Arora and Nitin Gupta on the Z47 podcast as they trace their vision behind building a full-stack, risk-first, and collections-led lending engine—designed to scale, but built customer-backward.
The duo, in conversation with the Z47 team, reflect on the decisions...2025-06-2749 min
Zero to InfinityFrom (Z)omato to (A)ther: India’s Tech IPO Shift Decoded | Avnish Bajaj | Rajinder BalaramanIndia will see 100 tech IPOs by 2030. While Silicon Valley still waits for $5B+ exits, Indian founders are going public earlier - at $600 million.
Why? Because market receptivity has fundamentally shifted. The buyers want this asset class.
On the #ZeroToInfinity podcast, Avnish Bajaj and Rajinder Balaraman define what it actually takes to go public in India today. Through the lens of four distinct IPO waves, the duo traces how market expectations have evolved — from the early public-market pioneers, to the pricing missteps of 2021, and into a new phase where predictability and return on capital lead the way.2025-06-1947 min
Zero to InfinityBeyond ISRO: India's SpaceTech Startups Are Firing UpThe next 30 global SpaceTech giants will be built and 10 could come from India.
But DeepTech is clunky, Series A is brutal & government still writes 70% of the cheques. So what makes a SpaceTech startup VC-backable and what makes one global? That's where the duo of Anurag Srivastava & Sudipto Sannigrahi from the Z47 team map out the government to private inflection point, opportunity, the reality, and the path forward for India’s SpaceTech ecosystem.
This episode of the #ZeroToInfinity podcast isn’t about rockets but what comes after launch. ISRO gives us the talent & India gives us the cost...2025-05-2331 min
Zero to Infinity4 P&L Secrets D2C / Consumer Brand Founders Use to MAXIMIZE GrowthHow do India’s top founders actually think through a P&L?
This special episode of #ZeroToInfinity podcast takes you inside Z47’s experimental panel event with India’s leading consumer founders, including voices from Mamaearth, Urban Company, and Mosaic Wellness.
From CAC to contribution margin, & retention to revenue models, Kishan Kashyap, Avnish Bajaj & Chandrasekhar Venugopal, share insights on what it really takes to build a durable consumer business in India today.
Listen for a break down of the P&L as a series of strategic choices: It starts with revenue, where TAM is reframed...2025-05-0942 min
ASYMMETRICZ47 (Matrix Partners) MD, Tarun Davda, on Founder Salaries, Board Meetings, & All Things GOVERNANCEThe ASYMMETRIC Crew today:Revant: Founder, Mosaic WellnessShantanu: Founder, Bombay Shaving CompanyChirag: Founder, GoKwikTarun Davda: Managing Director at Z4700:00 Coming Up00:55 Intro and Welcome to Tarun!2:22 Context for the Topic4:52 USA vs India Board Cultures10:36 The Debate on Taking Board Seats16:46 Thoughts on Governance23:49 The Slippery Slope to Malpractice27:39 Thoughts on Founder Salary41:25 Ex-Operators as Board Members43:27 Do VCs and Investors Add Value?50:54 How...2025-05-021h 55
Zero to InfinityHow B2B Companies Scale to Infinity | Zero to Infinity | Avnish Bajaj | Sudipto SannigrahiWhat if the next great Indian startup isn’t another consumer app — but a B2B company quietly owning a supply chain, exporting to 40 countries, and compounding capital without ever chasing a billion-dollar valuation?
This #ZeroToInfinity podcast episode walks us through a decade-long arc of insight — from Z47’s first B2B bets to the inflection points that changed everything: GST, UPI, COVID, and the rise of trust-based distribution models.
Avnish Bajaj and Sudipto Sannigrahi lay out the real arc of India’s B2B evolution - from ignored category to unstoppable force. From how horizontal and vertic...2025-04-1737 min
Zero to InfinityThe Last Software You Will Ever Shutdown - Meet the founder of WizCommerceZ47 invested in WizCommerce in 2022. Since then, Divyaanshu Makkar and team have scaled to $1mn in revenue from the B2B Commerce SaaS mid-market.
In this episode of #ZeroToInfinity, Divyaanshu Makkar, Co-founder & CEO of B2B Commerce SaaS startup WizCommerce -, joins Sudipto Sannigrahi and Ashwin Pandian to unpack:
🚀 WizCommerce's pivot from SourceWiz
📈 Scaling to $1M ARR in 5 Quarters
💥 India-made SaaS is eating the world
From selling to enterprises to winning trust in slow-moving industries — this episode is a crash course in building category-defining SaaS.
Tune-in2025-04-0734 min
The Neon Show10 Unicorns, 5 IPOs, 26 Acquisitions – India’s OG VC, Avnish Bajaj On Why Only Founders MatterIn this episode, Avnish Bajaj, Founding Partner at Z47 (formerly Matrix Partners India), shares what it takes to build one of India's most competitive VC firms and land the best startup deals.With over 20 years of experience, Avnish has been at the forefront of India’s venture capital industry. He co-founded Matrix Partners India in 2006 after a successful entrepreneurial journey with Baazee.com, which he later sold to eBay, serving as its Chairman & Country Manager.From founder to angel investor to VC, Avnish has done it all—scaling businesses, backing category-defining startups, and navigating the chal...2025-03-211h 18
Zero to InfinityMeet the Founders of Wootz.work: Reimagining Indian Manufacturing for the World | Zero to InfinityWhat if India transformed from outsourcing hub to global engineering powerhouse?
In this episode of #ZeroToInfinity, Sudipto Sannigrahi, Z47's investor in B2B Commerce and Manufacturing, sits down with the visionaries making it happen—Karan Anand and Himanshu Uniyal, founders of Wootz.work.
Their conversation unlocks the ambitious blueprint behind India's largest advanced engineering export company.
Witness how they're breaking the "build to print" ceiling, catapulting Indian manufacturing into the elite "build to spec" territory—where cutting-edge solutions aren't just manufactured but conceptualized, engineered, and perfected on Indian soil.
The founders reveal how they...2025-03-1346 min
Zero to InfinityThe Next Tech-Ade of FinTechFinTech is transforming the economy at every level.
India’s financial ecosystem is at an inflection point, where technology isn’t just enabling transactions but engineering entirely new economic structures.
In this episode of the #ZeroToInfinity podcast, Avnish Bajaj, Pranay Desai, and Vikram Vaidyanathan bring the sharpest insights to the table, revealing the forces shaping FinTech’s next decade.
The businesses that will define the next decade are not where everyone is looking right now. This conversation reveals the contrarian bets, the high-stakes risks, and the market forces shaping the biggest opportunities ahead.
If...2025-02-2418 min
Zero to InfinityWhy Z47, Why Now: Developed Nation Building | Zero to InfinityWelcome to 'Zero to Infinity,' the new face of the Z47 Podcast.
In this series premiere, tech veterans Avnish, Rajinder, Vikram, Tarun and Rajat chart the remarkable evolution of India's 25 year internet revolution. From the early dot-com pioneers to today’s AI-innovators today, travel back in time to the moments that shaped India’s digital transformation.
Learn about Z47's mission: Developed Nation Building, as we work towards India’s emergence as a global digital superpower by 2047. This is one of those rare, unfiltered chats about the future of Indian startups that you wouldn't want to miss...2025-02-0824 min
Zero to InfinityFounder Archetypes - The First Time Founder Edge Part 2Going deeper into their discussion on first-time and experienced founders, Avnish Bajaj and Chandrasekhar Venugopal dissect everything from failure zones founders should watch out for, to increasing one’s chances of success and finding purpose.
But the question remains: How first-time founders truly leverage this evolved ecosystem to outpace seasoned counterparts? Can there be just one winner?
Watch the second and final part of the #Z47Podcast on Founder Archetypes and find out! And, if you haven't already, catch episode 1 here: • Founder Archetypes: The First Time Fo...
▶️Some more of our podcasts that came up in the...2025-01-1037 min
Zero to Infinitydd-Matrix CEO Sid Sheth Shares His Blueprint for Chip Success | Seed to SiliconThe DMII: Seed to Silicon edition in Bangalore brought together builders in India’s semiconductor story. Z47’s Sudipto Sannigrahi hosted d-Matrix CEO Sid Sheth on the panel about India’s rising semiconductor potential and d-Matrix’s growth. d-Matrix’s commitment to lowering adoption barriers and hyper-interactive video solutions promises to reshape the industry.
The riveting chat was a goldmine: Sid’s insights about a vital space for India’s tech-ade are a blueprint for how Indian founders can chart a path to success in semiconductors.
5 Key Takeaways:
Breakthroughs Take Time: d-Matrix Took a Year
Even thoug...2024-11-1541 min
Zero to InfinitySaaS in the Era of AI: How to build an enduring SaaS AI company"If you are an AI founder, buy a .com domain and not .ai domain" says Pranay Desai (MD, Z47) as CIOs often restrict access to most .ai domains within their organisational networks.
In conversation with Ashwin Pandian, Pranay addresses the facets of AI in SaaS, talking about various dimensions of the trade and shares insightful nuggets on the subject:
He engages with key topics, including:
▶️ The shift in role of CIOs - from enabling businesses and creativity to protecting them.
▶️ The future being consolidated stacks instead of point solutions, as clients are sceptical about giving aw...2024-10-0446 min
VC10X - Investing, Asset Management, Venture Capital, Private Equity, Family OfficeVC10X - India Will Add $5 trillion in Market Cap in Next 10 Years - Aakash Kumar, MD, Z47 & DeVCAakash Kumar is a Managing Director at Z47 & DeVC. Aakash likes to partner with founders in that early stage to enable them to generate maximum momentum.
In the past, as an active angel investor, he has enabled 100+ founders to start and build compelling businesses.
In this episode, we talk about -
- Aakash's operator experience at companies like Housing(dot)com & Hotstar
- The investment thesis at Z47
- Why did they rebrand from Matrix Partners to Z47?
- The thinking behind investing in companies like Ola...2024-09-2545 min
Zero to InfinityEconomic PMF is the ONLY PMF: App Economy 3.0.How do you monetise your app business from 600 million connected smartphone users in India? This is the only question founders in India’s App Economy 3.0 need to ask themselves.
Vivek Ramachandran, Chandrasekhar Venugopal and Aakash Kumar from Z47’s consumer team talk about the shifts in India’s app economy over the years and how engagement, retention and monetisation became the key pillars for app-based businesses.
They answer questions useful to any and every founder trying to succeed in India’s app economy 3.0:
▶️ What is the core nature of the value exchange in the app economy...2024-09-2444 min
Zero to InfinityHow this founder turned 1000 interviews into a potential Rs.1000 Cr brand?Romita Mazumdar is channelling her love for skincare into a Rs. 1000 Cr Brand.
She started with almost 1000 interviews over a course of six months to find a market gap. And now, inspired by the likes of P&G, she has her eyes set on the Rs. 1000 Cr mark for Foxtale.
As a former VC, she closely observed consumer brands before shifting her focus to building in skincare, a category where she is a power user.
In conversation with Z47’s Rajat Agarwal, Romita recounts her journey from investment banking to founding Foxtale and answers gripping questions th...2024-09-1035 min
Zero to InfinityHow Unsecured Lending Became More Viable in India | Vikram Vaidyanathan | Anish PatilIf you’re a founder working to solve for an underserved market in unsecured lending, this episode is required listening! Vikram Vaidyanathan and Anish Patil trade trendlines in unsecured credit landscape, and highlight four key insights that underpin the Z47 thesis for this sector.
👥Solving for Under-served Market Potential
Borrowers with low, but stable incomes and good credit culture have been under-served by traditional lenders, presenting an opportunity for new lenders.
🗂️Forecasting with Robust Payments Data
The evolution of UPI, account aggregators, and GST has streamlined underwriting, enabling precise borrower profiling, and accurate cash flow estima...2024-08-1319 min
Zero to InfinityThe Future of E-commerce is Kwik & Bright! | Chirag Taneja | Avnish Bajaj | Rajat AgarwalHOW IS THE INDIAN E-COMMERCE TRANSFORMING?
With the adoption of quick commerce, the launch of the latest GenAI technology, and the increasing purchasing power of GenZ, the Indian e-commerce industry is poised for transformation.
In this episode of Matrix Moments, we analyse it further with Chirag Taneja, founder of GoKwik, a rapidly expanding e-commerce enablement startup, our founder Avnish Bajaj, who also launched one of India’s pioneering e-commerce ventures, Bazee, and Rajat Agarwal, MD at Matrix Partners India (aka Z47).
📲Digital penetration of Indian e-commerce stands at just 6% today.
It is set to inc...2024-07-1342 min
Zero to InfinityFounder CompensationAs a founder how do you determine what your own compensation should be? & what is the right salary to be drawn across stages?
Here's how we Matrix Partners India think about it, tune in:2021-04-2202 minZero to InfinityCo-founder DisputesA conflict within the founding team is a situation that unfortunately arises more often than not, but when conflict does occur amongst two or more founders, how should one tackle it?
Tune in to hear how Avnish Bajaj thinks about it.2021-04-2002 min
Zero to InfinityLTV-CAC – what’s the right number?LTV-CAC – what’s the right number early-stage founders should track?2021-04-0601 minZero to InfinityIs marketing scalable?Is marketing a scalable function for companies to leverage? Avnish Bajaj, Founder & MD, Matrix Partners India, decodes how marketing is used to “fuel the fire” and why it’s far more impactful for digital businesses. Tune in for more.2021-04-0101 min
Zero to InfinityReverse Vestings founder reverse vesting standard practice? Avnish Bajaj, Founder & MD, Matrix Partners India & Rajinder Balaraman, Director, Matrix Partners India, decode how we think about this at Matrix Partners India. Tune in for more
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2021-03-3001 minZero to InfinityFounder Ownership StructuresHow should founders think about it at across the different stages of a startup? Avnish Bajaj, (Founder and MD, Matrix Partners India) shares his perspective, while in conversation with Salonie Ganju, ( Marketing Manager, Matrix Partners India ) Tune in to find out2021-03-2602 min
Zero to InfinityValuation versus DilutionValuation versus dilution is something all founders spend a lot of time thinking about. Avnish Bajaj (Founder & MD, MPI) shares his point of view on how founders should approach this.2021-03-2403 min
Zero to InfinityThe Hack Job – Hacking Your Way Through Growth and ProfitsWhat matters more – growth or profitability? In this episode, Rajinder Balaraman, Director, Matrix Partners India, and Avnish Bajaj, Founder and MD at Matrix Partners India talk about hacking the way to profitable growth vectors and loops.2021-03-1739 min
Zero to InfinityFrom both sides of the table: Kunal Bahl unpluggedIn today’s episode, we have Tarun Davda Managing Director at Matrix Partners India, with Kunal Bahl, co-founder of Snapdeal and Titan Capital. Through the course of this conversation, we cover Kunal’s early childhood and background that helped him shaped him into who he is today. The biggest learnings from his journey at Snapdeal, transitioning from an entrepreneur to an investor. 2021-03-151h 09
Zero to InfinityWhat role does human capital play in venture investing?Here's a snippet from an upcoming episode where Debleena Das & Rajinder Balaraman share learnings and insights on team building at the early stages.2021-03-0119 min
Zero to InfinityRedefining wellness, one mosaic at a timeIn today’s episode, we have Revant Bhate, the co-founder of Mosaic wellness in conversation with Sanjot Malhi, Director and the lead for the consumer sector at Matrix Partners India. Mosaic Wellness is a house of brands, focused on redefining the Indian wellness market and on today's episode we cover Revant’s transition from investor to founder and what that was like, what it takes to build a consumer brand in India and the problem they aim to solve through their recently launched brands ManMatters and Bodywise. Tune in to know more.2021-02-1935 min
Zero to InfinityProfit Pools – fishing in the right pond!The pandemic & recent global trends have brought about a shift in the way companies are thinking about profit pools at the early stages, but what’s really changed? and how does one go deeper into the value chain of an industry in quest of the right profit pool - tune in to find out.2021-02-1138 min
Zero to InfinityOZiva unplugged: building India’s leading clean, plant-based nutrition brandIn this episode, Sanjot Malhi (Director & consumer sector lead at Matrix Partners India) sits down with Aarti Gill & Mihir Gadani, the co-founders of OZiva, to dissect & decipher their journey of building India’s leading clean, plant-based nutrition brand.2021-02-0429 min
Zero to InfinityGaming+: some games are companies but all companies need to up their game!In this episode, we explore the concept of “gamification” and the impact it has on user growth & retention at the early stages, tune in to know more.2021-01-2939 min
Zero to InfinityA look back at 2020 & forecast for 2021In today’s episode we take stock of the biggest learnings from the last 12 months and trends we think will explode in 2021. Tune in to find out!2021-01-0837 min
Zero to InfinityCommerce N.0 - crystal ball gazing!In today’s episode, Rajinder & Avnish are crystal ball gazing into the future of commerce – tune in to know more about trends and sectors we expect to explode in 2021.2020-12-2134 min
Zero to InfinityWorking from home to working from anywhere to finally from work – our experience!While choosing to ‘work from office’ is a personal & company specific decision, we at Matrix Partners India have slowly inched back towards operating from the office, with all measures & protocols in place.
Tune in to hear what our experience has been like over the last few months.2020-12-1806 min
Zero to InfinityFrom dream to reality - the journey of Dream11Harsh Jain, CEO and Co-founder, Dream11, sits down with Tarun Davda, Managing Director at Matrix Partners India to retrace the journey of building Dream11 – they discuss the key inflection points, fundraising struggles, winning the IPL title sponsorship, Harsh’s personal growth journey as a leader & much more. Tune in.2020-11-0451 min
Zero to InfinityThe untapped opportunities in agritechWelcome back to episode 5, the last episode of this series. In today’s episode we talk about the unsolved opportunities in the agri-tech space. We have with us Thirukumaran Nagarajan, co-founder of Ninjacart, Shashank Kumar, Founder & CEO, DeHaat, Karthik Jayaraman, Co-founder of WayCool and Shobhit, Co-founder of VeGrow. The conversation was moderated by Ankush Goyal, Sanjot Malhi & Tarun Davda who look over the investments in the agri-tech sector for Matrix Partners India.2020-10-2307 minZero to InfinityThe role of tech in the Agri sectorWelcome back to part 4 of this series. In today’s episode we discuss the importance of technology adoption in the Agri tech sector and how behavioural change plays a large role in the farmer community when it comes to leveraging tech. This episode is part 4 of a 5 part series on the Indian Agritech ecosystem, with insights from Thirukumaran Nagarajan, co-founder of Ninjacart, Shashank Kumar, Founder & CEO, DeHaat, Karthik Jayaraman, Co-founder of WayCool and Shobhit, Co-founder of VeGrow. The conversation was moderated by Ankush Goyal, Sanjot Malhi & Tarun Davda who look over the investments in the agri-tech sector for Matrix Partners In...2020-10-2206 minZero to InfinityLearnings from Ninjacart on building a sustainable agritech modelWelcome back to part 3 of this series. In today’s episode, we discuss about the journey of Ninjacart and learnings on building unit economics positive business in Agri. We have with us Thirukumaran Nagarajan, co-founder of Ninjacart, Shashank Kumar, Founder & CEO, DeHaat, Karthik Jayaraman, Co-founder of WayCool and Shobhit, Co-founder of VeGrow. The conversation was moderated by Ankush Goyal, Sanjot Malhi & Tarun Davda who look over the investments in the agri-tech sector for Matrix Partners India.2020-10-2010 min
Zero to InfinityThe inception of Waycool – insights from Karthik’s journeyWelcome back to part 2 of this series. This episode is focused on the inception of WayCool and insights from Karthik's journey on building and scaling the company. Also part of this episode are prominent founders from the agri-tech startup industry, Thirukumaran Nagarajan, co-founder of Ninjacart, Shashank Kumar, Founder & CEO, DeHaat and Shobhit, Co-founder of VeGrow. The conversation was moderated by Ankush Goyal, Sanjot Malhi & Taun Davda who look over the investments in the agri-tech sector for Matrix Partners India. Tune in. 2020-10-1605 min
Zero to InfinityAgri – tech startup advice – for founders, from founders.In this episode we deep dive into one of India’s largest industries, which is agriculture, and the associated agri-tech disruption that is underway in India, we discuss the opportunities and the pitfalls in agri-tech, with Thirukumaran Nagarajan, co-founder of Ninjacart, Shashank Kumar, Founder & CEO, DeHaat, Karthik Jayaraman, Co-founder of WayCool and Shobhit, Co-founder of VeGrow. The conversation was moderated by Ankush Goyal, Sanjot Malhi & Taun Davda who look over the investments in the agri-tech sector for Matrix Partners India.2020-10-1522 min
Zero to InfinityIndia venture opportunity – part 2This episode is part 2 to the India venture opportunity, a podcast we hosted last year. We cover the state of affairs in the Indian startup and Venture community, the recent China ban, and its ramifications. Jio’s impact on start-ups and the fund-raising environment and the COVID effect on India’s digital economy among other topics. Tune - in2020-09-3038 min
Zero to InfinityThe Whole Truth, and nothing elseIn today’s episode we have Shashank Mehta the founder of The Whole Truth, (formerly known as and nothing else) with Sanjot Malhi, Director, Matrix Partners India. Sanjot and Shashank dive deep into the brand story, starting with Shashank’s real motive and personal journey behind founding The Whole Truth and the reason behind the recent brand transformation exercise.2020-09-0834 min
Zero to InfinityMobility trends & leanings from redBus's journeyIn an episode focused on the mobility sector, Tarun Davda, MD, Matrix India & Prakash Sangam, CEO, redBus decode the bus ticketing ecosystem, they talk about COVID recovery patterns, changing consumer behavior, and learnings from redBus’ journey in the international markets.2020-09-0148 min
Zero to InfinityMoatsIn today’s episode, we do deep dive on the importance of economic moats for early-stage startups, and why they matter.2020-08-2539 min
Zero to InfinityPerformance Management Systems Decoded In today’s episode, we have Rupali Sharma, ( VP, Human Capital, Matrix Partners India ) and Rajinder Balaraman, ( Director, Matrix Partners India ), they cover performance management systems & HR best practices for early-stage startups. We work closely with founders in this area and have tried to summarize some of the key learnings from our experience. Tune - in2020-08-0532 min
Zero to InfinityThe Journey of building RazorpayIn today's episode, we talk to Harshil Mathur and Shashank Kumar, the Co-founders of Razorpay, as well as Vikram Vaidyanathan, Managing Director at Matrix Partners India. This episode is primarily focusing on the early part of the founder’s journey, we cover their fundraising process. Living together as founders and building an amazing product culture and much more.
2020-07-2842 min
Zero to InfinityDailyhunt’s Journey – Part 2Welcome back to part 2 of the Dailyhunt episode, with Virendra Gupta (Founder, Dailyhunt) and Umang Bedi (Co-Founder, Dailyhunt), as well as, Vikram Vaidyanathan (Director, Matrix Partners India). We talk about the dynamics of their partnership and also the cover the changing face of content consumption in India, and how Dailyhunt has been at the forefront in each of these changes. Tune in. 2020-07-1730 minZero to InfinityDailyhunt’s Journey – Part 1In today’s Matrix Moment episode, we have Virendra Gupta ( Founder, Dailyhunt ) and Umang Bedi ( Co- Founder, Dailyhunt ), with Vikram Vaidyanathan ( Director, Matrix Partners India ). We talk about the dynamics of their partnership and also the cover the changing face of content consumption in India, and how Dailyhunt has been at the forefront in each of these changes. Tune in. 2020-07-1730 min
Zero to InfinityMarketplacesWith Marketplaces on the rise, today’s episode covers how Marketplaces have evolved as a sector and an analysis of the differentiated business models that work for different markets. Joining us to discuss this is Rajinder Balaraman ( Director, Matrix Partners India ) and Avnish Bajaj ( Founder & Managing Director, Matrix Partners India ). Tune in to know more.2020-07-1438 min
Zero to InfinityThe Journey of building OfBusiness – Part 2Welcome to part 2 of Matrix Moment episode with Asish Mohapatra, Co-Founder & CEO – Ofbusiness opens up to Vikram Vaidyanathan, Managing Director, Matrix Partners India, about transitioning from an investor to entrepreneur, building Ofbusiness from ground zero, co-founder relationships & dynamics, his thoughts on profitability vs growth and much more2020-07-0930 min
Zero to InfinityThe Journey of building OfBusiness – Part 1In today’s Matrix Moment episode Asish Mohapatra, Co-Founder & CEO – Ofbusiness opens up to Vikram Vaidyanathan, Managing Director, Matrix Partners India, about transitioning from an investor to entrepreneur, building OfBusiness from ground zero, co-founder relationships & dynamics, his thoughts on profitability vs growth and much more.2020-07-0820 min
Zero to InfinityCOVID -19 & its after effects on the grocery business.In today’s Matrix Moment episode, we will cover the opportunities in the grocery and E-Commerce space post-COVID-19, joining us for this discussion are Vineet Rao and Sourjyendu Medda, the co-founders of DealShare as well as Tarun Davda, Managing Director at Matrix Partners India, and Gourav Bhattacharya, Director at Matrix Partners India.2020-06-2541 min
Zero to InfinityThe journey of building Country DelightToday’s Matrix Moments episode is a masterclass on the journey of building Country Delight, India’s leading direct to home, mass premium, dairy, and fresh grocery brand. Country Delight currently serves 200,000 families across Delhi, Mumbai, Pune, and Bangalore. With a $50 million run rate along with the 3x year on year growth rate. The episode outlines the highlights and milestones of the journey with insights and inputs from both sides of the table – founders and investors. Tune in to know more.2020-05-2746 min
Zero to InfinityMarginal Value addIn this episode Avnish and Rajinder talk about why not all margin is equal and how margins relate to valuation.2020-05-0630 min
Zero to InfinityExit Strategy for startupsWhat is the change required to survive this crisis and how will each sector navigate their way through it? In this episode of Matrix Moments, the Matrix team shares their thoughts from a macro + sectoral view point. Tune in to know more. 2020-04-2035 min
Zero to InfinityOverreaction is the only reaction for FintechsIn this episode of #MatrixMoments, Vikram Vaidyanathan, ( Managing Director, Matrix Partners India ) and Rajat Agarwal, ( Director, Matrix Partners India ) share guidelines for Fintech firms on how to navigate their way through the perfect storm that is Covid-19 and why overreaction is the only reaction at this point. Watch the full episode to know more. 2020-03-2622 min
Zero to InfinityCovid - 19 & its implications on startup IndiaWith rapid evolution taking place in the business environment world over, we’re dedicating today’s #MatrixMoments episode to discuss and decode the implications of the Covid-19 on the startup ecosystem. Here’s how we at Matrix are thinking about it. Tune in to know more2020-03-1719 min
Zero to InfinityBuilding India’s first discount broking model, ZerodhaIn this episode, Vikram sits down with Nithin to uncover what it takes to build and scale India’s largest tech broking discount firm, Zerodha. Nithin talks about the early years of his career, co-founding a company with his best friend and brother, what he looks for in a person when hiring, why he hasn’t raised any form of external capital till date and his future plans for Zerodha2020-03-1130 min
Zero to InfinityDecoding the Founder – VC RelationshipJoining us in this episode of Matrix Moments is Asish Mohapatra, Co-Founder of OfBusiness – India’s leading tech driven B2B lending platform, and is also a Matrix portfolio company, along with Avnish Bajaj, Founder & MD, Matrix India. Prior to founding OfBusiness, Asish actually worked at Matrix as part of the investment team and worked very closely with Avnish during that time. This episode follows a role reversal of sorts, where Asish in the capacity of a founder interviews Avnish on all things fundraising, early stage and VC investing, he asks the hard questions that first time founders have always want...2020-02-1138 min
Zero to InfinityCreating new Consumer brands digitallyIn today’s episode, we talk about DINVIBs i.e. Digitally Native Vertically Integrated Consumer Brands and our thesis behind investing deep into this sector. Joining us to discuss this is, Sanjot Malhi (VP & Consumer Sector Lead at Matrix Partners India), Avnish Bajaj (Founder and Managing Director at Matrix Partners India ) and Rajinder Balaraman (Director, Matrix Partners India). Tune in to know more.2020-01-2825 min
Zero to InfinityCrafting Your Company CultureIn today’s episode we cover the importance of inculcating a strong and health culture in your company right from the early stages. Joining us to dicuss this is Ahana Gautam, ( Co Founder & CEO, Open Secret ), along with
Avnish Bajaj, (Founder & MD, Matrix Partners ) and Rajinder Balaraman, (Director, Matrix Partners India)2020-01-2126 min
Zero to InfinityA look back at 2019With 2019 coming to an end, we decided to do a quick look back and summarize some of the macro themes that emerged from the year. In some ways it’s been a record year for the Indian VC industry and a very busy year for Matrix, Avnish Bajaj (Founder and Managing Director Matrix Partners India), Vikram Vaidyanathan (Managing Director Matrix Partners India ) Tarun Davda (Managing Director Matrix Partners India), and Rajinder Balaraman (Director, Matrix Partners India) take us through the highlights of the year gone by and what to expect from 2020. Tune in to know more.2020-01-0731 min
Zero to InfinityPOS FrameworkIn this episode, Avnish Bajaj, Founder & Managing Director, Matrix India, talks about decision-making and applying the 'POS framework' as a guiding tool to navigate through hard decisions, both personally & professionally. Tune in to know more.2019-12-2709 min
Zero to InfinityFounding TeamToday’s episode, Founding Team, is about a topic that we as a firm are very passionate about, it’s also a topic that forms the basis of Matrix’s investment philosophy, foundersfirst!. In this episode, Avnish Bajaj talks about the importance of a strong founding team, how this can shape a company’s journey, frameworks that can help reach the ideal founding team, learnings from Avnish’s experience with his 2 prior co-founders at Baazee and then Matrix Partners India.
2019-12-1013 min
Zero to InfinityWhat’s "Neo" about them?!With the recent spate of investments made by Matrix Partners India in the NeoBank space, we decided to host an episode with serial entrepreneurs, Jiten Gupta (Co-Founder of a Neobank venture, Jupiter and previously founder of Citrus Pay) and Anurag Sinha (Founder of neocard, OneCard and previously founder of Walnut, a personal finance management startup) to discuss the current landscape and what makes Neobanking so exciting at a time like this. The episode was hosted by Rajat Agarwal, Director and fintech sector lead for Matrix India as well as Vikram Vaidyanathan, MD, Matrix India who has led the investment in...2019-11-2832 min
Zero to InfinityGTM for startupsIn this episode, Avnish Bajaj, Founder & Managing Director, Matrix India talks about the varied GTM strategies used by startups to drive a wedge into the market. 2019-11-1916 min
Zero to InfinityFundraising & ValuationsIn this episode of Matrix Moments, Tarun Davda, (Managing Director, Matrix Partner India) guides founders on how to think about fundraising & valuations at the early stages. He covers how much capital is required to be raises at each stage, what the typical dilutions are at each stage, the downside that comes with raising too much capital and that at the end valuation is vanity, what matters is a founders percentage of ownership. Tune in to know more.2019-11-0514 min
SAS DimensionRègle T7Dans la situation de prise en charge pour soins spécifiques de stomies, prothèses, autres appareils, le DP fait appel aux catégories Z43 à Z47 ainsi que Z49.0. Exemples :
patient ayant subi quelques mois plus tôt une résection sigmoïdienne pour perforation diverticulaire, ré-hospitalisé pour fermeture de la colostomie (rétablissement de la continuité colique) : DP Z43.3 ; l’affection ayant motivé la prise en charge n’existe plus, par définition elle n’a pas sa place dans le RUM (sinon éventuellement comme donnée à visée documentaire19).
séjour de mise en place d’un système diffuseur i...2019-10-3104 min
Zero to InfinityStanza Living: transforming the student housing sectorStanza Living is one of India’s largest student housing networks, co-founders Sandeep and Anindya share their journey of building the company from ground zero, with guest moderator, Gourav Bhattacharya (Director, Matrix India) and also the investment lead for Stanza Living. 2019-10-2223 min
Zero to InfinityStartup Temperature CheckIn this episode, Avnish Bajaj (Founder & MD, Matrix Partners India) and Rajinder Balaraman, (Director, Matrix Partners India) discuss the current environment in the startup and investments ecosystem.
Funding in early stage companies versus later stage, repeat entrepreneurs, investment cycle bubbles and the trends expected to play out in 2020, tune in to know more.
2019-10-1421 min
Zero to InfinityLearnings from Serial Entrepreneur, Bhavin Turakhia – part 2In part 2 of a 2 part episode, serial entrepreneur, Bhavin Turakhia, founder and CEO of Flock and Zeta, joins us to share learnings from his journey on what it takes, personally and professionally, to build and sell a series of successful companies. Tune in to know more.2019-10-1029 min
Zero to InfinityLearnings from Serial Entrepreneur, Bhavin TurakhiaIn part 1 of a 2 part episode, serial entrepreneur, Bhavin Turakhia, founder and CEO of Flock and Zeta, joins us to share learnings from his journey on what it takes, personally and professionally, to build and sell a series of successful companies. Tune in to know more.2019-10-0932 min
Zero to InfinityExitsIn this episode of Matrix Moments, Avnish Bajaj, Founder & MD, at Matrix Partners India shares his views on Exits: learnings from his journey with Baazee.com which was acquired by Ebay, key factors to evaluate when making this decision, and how to deal with multiple investors at a time like this.2019-09-0312 min
Zero to InfinityFinding & Scaling PMFAs a company scales, how you scale & grow with it as a founder is crucial to business success. A fundamental part of this transition includes knowing how to shift your strategy pre and post attaining PMF, in this episode Avnish Bajaj, Founder & MD, Matrix India sums up the key indicators and metrics to keep in mind at each stage.2019-08-2009 min
Zero to InfinityThe journey of building Citrus Pay & learnings on the fintech landscapeVikram Vaidyanathan, MD, Matrix India, catches up with Amrish Rau and Jiten Gupta, Founders of Citrus Pay, which was later acquired by PayU, where both founders took on the role of CEO and MD, respectively. In this episode they go over the journey of building Citrus from ground up, the decision making process that went behind exiting Citrus, their investment strategy as angel investors and lastly their advice to founders looking to startup in the fintech space.2019-08-0637 min
Zero to InfinityInvestor Value Add & EngagementIn this episode of Matrix Moments, we deep dive into the relationship dynamics between a founder and his/her board. Specifically for first time founders, board room etiquette is an unknown area and thus we decided to put together an episode that covers all queries founders may have on this subject. From setting the right rules of engagement to knowing how to deal with a difference in opinion in the board room, Avnish Bajaj, Founder & MD, Matrix Partners India shares his views on the best practices to keep in mind when dealing with a board of investors.2019-07-2318 min
Zero to InfinityMetrics & DashboardTracking and measuring your company’s performance is crucial not just at the early stages but through the course of your companies lifecycle. In this episode of Matrix Moments, Tarun Davda & Vikram Vaidyanathan, Managing Directors at Matrix Partners India, share learnings from their experiences with founders on why tracking the right metrics can help you measure what is working for your company and what isn’t. In addition to measuring performance, picking a North Star metric as the one metric to align the entire company on what is important helps keep all teams focused on working towards the same goal. List...2019-07-1624 min
Zero to InfinityStructuring incentive plans – ESOP, Cash and Balanced ScorecardStructuring and designing an effective incentive plan is key at the early stages to help promote retention as well as high levels of motivation among the team. From cash versus equity, how much equity is apt at each stage, bonus plans to measuring employee performance through a balance scorecard, in this episode of Matrix Moments, Avnish Bajaj, Founder & MD, Matrix Partners India, outlines simple thumb rules to keep in mind when structuring your employees incentive plan.2019-07-0916 min
Zero to InfinityThe State of the Indian Venture Market 2019In this episode of Matrix Moments Tarun Davda, (MD, Matrix Partners India) and guest speakers, Miten Sampat, (VP Corporate Development, Times Internet) and Samidha Sharma (Emerging Business Editor at Economic Times) discuss the current state of affairs within the Indian startup and VC ecosystem and the way forward from here
2019-07-0243 min
Zero to InfinityThe Terms of Term SheetsIn this episode of Matrix Moments, Avnish Bajaj, Founder & MD, Matrix Partners India, and Rajinder Balaraman, Director, Matrix Partners India, do a deep dive on the significance of terms within a Term Sheet, what founders should focus on, and essentially provide a guide for founders who are working on a Term Sheet for the very first time.2019-06-1832 min
Zero to InfinityThe Journey of Building LoadShareIn this episode of Matrix Moments, we spoke with Raghuram Talluri, Co-Founder, LoadShare Networks, on the learnings of being a first time founder and scaling an asset light logistics platform. Rajinder Balaraman, Director, Matrix Partners India, also joined this episode to share insights from an investor perspective.2019-06-1320 min
Zero to InfinityBudget & BurnAt the early stages a critical factor that determines your startups success or failure, is the level of spending or burn rates. Practicing extreme financial discipline is a crucial part of controlling your companies burn rate. Tune in to this episode of #MatrixMoments, where Avnish Bajaj, Founder & MD, Matrix Partners India, talks about the importance of business performances, plans, burn rates and budgets.2019-06-1111 min
Zero to InfinityOrg 3.0Every successful company goes through 3 distinct phases, the startup phase (0 – 1), the scaling / growth phase (1 – 10) and finally profitability (10 – 100). The archetypes of people required to help the company transcend all phases, is different at each stage. Avnish Bajaj, Founder & MD, Matrix Partners India, shares his experience on building the perfect Org in this episode of Matrix Moments.2019-06-0409 min
Zero to InfinityThe journey behind building ItiliteEpisode description: Founded by Mayank Kukreja and Anish Khadiya, Itilite is a corporate travel management solution that balances company’s savings and the traveler (employee’s) experience. Itilite is also a Matrix portfolio company and this episode features a conversation between Gourav Bhattacharya (Director, Matrix India) and Mayank (Co-Founder, Itilite) on what it’s like to make the shift from a stable job at Myntra.com to founding your company.2019-05-0717 min
Zero to InfinityThe InMobi journeyVikram Vaidyanathan, MD, Matrix Partners India, catches up with Naveen Tewari, Co-founder, InMobi, who unravels the journey behind building India’s first unicorn startup. Naveen gets candid about strategies implemented for expansion to international markets, creating a family-like work culture and rising above the challenges that come with building a weatherproof company.2019-04-2336 min
Zero to InfinityCODS2019-04-0913 min
Zero to InfinityDiscovering Fintech Religion - Part 2As part of our guest series, Vikram Vaidyanathan, MD, Matrix India catches up with Rajeev Ahuja, Executive Director, RBL, Bank on “Discovering Fintech Religion”. The conversation is spread across a 2 part episode, and covers the transformational journey of Ratnakar to RBL Bank, a debate on Fin versus Tech, and phygital as a means for fintech companies and banks to scale.2019-03-2825 min
Zero to InfinityDiscovering Fintech Religion - Part 1As part of our guest series, Vikram Vaidyanathan, MD, Matrix India catches up with Rajeev Ahuja, Executive Director, RBL, Bank on “Discovering Fintech Religion”. The conversation is spread across a 2 part episode, and covers the transformational journey of Ratnakar to RBL Bank, a debate on Fin versus Tech, and phygital as a means for fintech companies and banks to scale.2019-03-2626 min
Zero to InfinityExtreme HiringHiring at the early stages helps define the momentum at which a company grows. In this episode, Vikram Vaidyanathan, MD, Matrix Partners India, captures some of his learnings from having worked closely with founders on what works when hiring for a startup. Dna based hiring versus hiring for skill set is another challenge that founders deal with and in most cases founders have found the former to be more effective at least in the initial phase of their company. Listen in to know more.2019-03-1223 min
Zero to InfinityExtreme ReferencingHiring a strong team is the one of the proven ways to ensure startup success. Yet, it’s the biggest issue that founders / CEOs face when building their organization. In this episode of Matrix Moments, Tarun Davda talks about ‘Extreme Referencing’, and how this helps him go beyond the surface level interview process when trying to hire for senior executive positions.2019-02-2624 min
Zero to InfinityState of the Indian Venture Ecosystem - Part 2: Forecast 2019In an attempt to forecast for 2019, this episode of Matrix Moments talks about the trends we expect to play out, sectors expected to explode (or not), the changing face of the average Indian entrepreneur and how 2018 will impact the momentum of 2019. Tune in to hear Avnish Bajaj, Founder & Managing Director, Matrix Partners India, take us through this.2019-02-1211 min
Zero to InfinityState of the Indian Venture Ecosystem - Part 1: A Look Back at 2018A snapshot of the year gone by for the Indian Venture ecosystem: the aftermath of the Flipkart – Walmart deal, government policies surrounding angel tax, the possible rise of trade unionism within startups and the question on everyone’s mind – will India ever see IPOs for consumer internet companies in the near term?2019-01-2913 min
Zero to InfinityLiving in the Middle of the Funnel (MoFu)In this episode, Avnish Bajaj, (Founder & MD, Matrix India) talks about MoFu: what it takes to continue retaining & engaging your users post the initial burst of customers, how to evaluate CAC, and what metrics to keep a track of.2019-01-0811 min
Zero to InfinityExtreme ProductivityWhy do some people seem to have more bandwidth than others, and how do they achieve extreme levels of productivity? This episode talks about the principles and practices followed by successful leaders when it comes to time management, prioritization and clarity of thought.2018-12-1813 min
Zero to InfinityMaking Sense of ValuationsGoing back to the fundamentals of investments and valuations, and to ascertain whether a company's valuation is more than just a quixotic pursuit. Avnish Bajaj (Founder & Managing Director, Matrix Partners India) gives us a piece by piece break down of the valuation techniques and strategies used to analyse and determine a company's real value versus price.2018-12-1121 min
Zero to InfinityOperator VCs versus Investor VCsAddressing the much debated question of who makes a better venture partner - operators or investors? Tarun Davda, Managing Director, Matrix Partner India, talks about his journey of transitioning from an intrapreneur to a venture investor, what his experience has been like having been on the other side of the table as an operator, his views on both types of venture investors: operator VCs and investor VCs and the biases that come with each.2018-12-0414 min
Zero to InfinityFear & GreedIn this episode, Avnish Bajaj (Founder & MD, Matrix Partners India), talks about the investment cycles of fear and greed with reflections from his first exposure to the high's and low's of the cycle. From Peter Lynch to Warren Buffet, he touches upon the investment philosophies that helped shape his own strategy and approach to the cycles, how to avoid the most common mistakes made in investing and navigate your way through a bear market.2018-11-2714 min
Zero to InfinityIntrinsicsWe chose to launch our series with an episode on a topic that we believe is extremely integral for both personal and professional development, a concept that is at the core of Matrix’s ideologies and forms a large part of the foundation, intrinsics. In this episode, Avnish Bajaj (Founder & Managing Director, Matrix India) takes us through what he thinks are the traits required by an individual to succeed against all odds, the ingredients of what goes into the makings of the best founders, and the essence behind our foundersfirst! philosophy.2018-11-1912 min