Udit Agarwal

CLSA published a detailed research report on India quick commerce. Recommended reading. Who will be the first to create a $50-100Bn company in India internet? #Zepto #Zomato #IndiaInternet

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Some Indian consumer apps show blatant unethical #productmanagement . Case in point - Payment page of Zee5 - user is unlikely to do mental math & calculate how much is being taken out of his pocket. So the PM hardcodes 'Frequency' to 'As Presented' - because if the number is shown, the user will likely catch product fraud. Low effort and fishy :( The Start and End date is auto-populated to one year even if user opted for a 6 month plan. And user is NOT given option to edit date range. Again, low effort and cagy :( Finally, user is forced to opt-in for Autopay. No other CTA available :( I wonder if such desperation to squeeze and trap every penny out of each customer comes to compensate for a lack of quality product/content?

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🚀 Excited to share a snippet from my latest interview on the Founders Podcast with the brilliant @11aryansingh . At just 22, Aryan is the founder of Syntax Error, a cutting-edge app development agency in Mumbai that delivers MVPs in just 45 days. 🌟 In this episode, Aryan dives into his entrepreneurial journey, the challenges he faced, and his vision for the future. Tune in to get inspired by his incredible story and learn valuable insights on building a successful tech startup. Check out the full episode here https://lnkd.in/gj8NSB6w. Don't forget to like, comment, and share! #FoundersPodcast #Entrepreneurship #TechStartup #MVP #Innovation #Podcast

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Zomato's Q1FY25 Earnings Soar: Revenue Up by 74% to Rs 4,206 Crore, Profit Skyrockets to Rs 253 Crore https://lnkd.in/d4YNQHFi Great to see regular profits from startup darlings of India. way to go 🎉🥳 #zomato #startup #india #indiastartup

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India’s Oyo, once valued at $10 billion, is finalizing new funding at a $2.5 billion valuation. This marks a steep decline from its $10 billion valuation in 2019. The startup, which has raised over $3 billion from backers like SoftBank, Peak XV Ventures, Lightspeed, Airbnb, and Microsoft, has struggled to attract institutional investors. In recent months, it has aggressively pitched to high-net-worth individuals after withdrawing its IPO application twice in the past four years. Once a red-hot Indian startup active in markets including the U.S. and Europe, Oyo has now scaled back its international presence. #venture #downround https://lnkd.in/gE2GjYnM

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Santosh Sharan famously said, “Gains from the best (GTM) practices decay over time” After experiencing this firsthand over the last year, I completely second this. We've seen various go-to-market motions adopted by different companies. In my first journey at Innovaccer, we used an outbound email go-to-market motion, which was successful back then. However, even after knowing this method worked in the past, trying it for six months at kim.cc proved it wasn’t the right fit, and we had to stop. This reinforced my belief in the importance of finding your mojo - a GTM motion that aligns perfectly with your current market conditions. For example, Adam Robinson successfully used LinkedIn as a go-to-market motion. Others have leveraged SEO for inbound, while some have used Shopify. The key is understanding where your customers are and ensuring your positioning or pitch resonates with them. What GTM strategy has worked for your startup, and how did you discover it? #gtm #businesslessons #startups #dtcbrands #entrepreneurship

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A little mortified Ajay Bulusu posted my tweets on "Cab Company CEO" here. Twitter & LI are like Oil & Water - they don't mix well. But to summarize my thoughts, the attempt by the Cab Company CEO to package Cloud and AI as a "nationalistic" venture, is dubious & unworkable. Very soon it will turn into an attempt at regulatory capture in the name of patriotism & national security (he has already called for data localization using the CrowdStrike outage as an excuse - never mind that these have no relation). I have seen Gaurav and Ajay build NextBillion.ai into a viable alternative to Google maps for enterprises. Krutrim is welcome as well - but no special favors because it's 'Indian'. The world of digital products & ideas is global. More innovation lies ahead than behind - and it will come from talented people - not legacy factories or fertile land. Countries that do well in this will be the ones who attract the best innovators. Technologists tend to cluster around these leading innovators. Capital too is globalised and will fund these innovators wherever they are. Digital innovators are nomadic - they only need an internet connection as a tether - & the world's leading and wannabe tech hubs are all competing to attract them. Our benchmark for success should be how many innovators setup companies in India, work from here, patent their IP here, bill their clients from here. Today, most of our innovators incorporate abroad & emigrate at the first chance. News of relaxed entrepreneur visa norms in the US gets a million views and likes. Many of our best engineers are always looking for emigration opportunities. If the Indian Govt. is interested in capturing more of the value of this ecosystem - it should try to align governance to attract this crowd. That means low and predictable regulation, economic and social freedoms, moderate taxes, great livable urban spaces and so on. This is a far far cry from the India of today - with it's urban hells, parasitic taxation levels in certain areas, ridiculous and high friction regulation around global currency movement and securities transactions, and lack of a trustworthy judicial and L&O system. Hucksters step into this lack of an internationally competitive environment - and claim that "protectionism" in the name of "nationalism" is the answer. It is most definitely not. We won't get our own Facebooks and LinkedIns by erecting walls. Such walls will only help give these hucksters' ventures a leg-up - so their otherwise shoddy goods and services are not exposed to international competition. And in fact such walls will only drive further emigration of genuine innovators. To the contrary - we should be tearing down walls like FEMA laws - that harass economic freedom today. We are the kids of 1980's India. We don't want to go back there. We don't want our internet captured by reincarnations of the Bajaj Auto regulatory capture model (the sheer irony). Compete fairly in the global marketplace and win.

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🥭 -- How Mukesh truly is an Aam Aadmi ​​-- 🥭 You might be wondering how someone who just spent ₹5,000 crores on his son's wedding and put the entire city of Mumbai to a stop, can be considered a common man. While Ambani (or as I call him "Mukesh") is far from a common man in the traditional sense, he has a unique connection to the term "Aam Aadmi." Bro is the world's largest exporter of mangoes, a business that started as an innovative solution to a different problem. Read on...👇 Back in the 1990s, Reliance Industries set up the Jamnagar oil refinery, now the world's largest. But it faced accusations of severe air pollution and even received warnings from the Pollution Control Board. What did Ambani do? My bro pulled an ingenious move and acquired 600 acres surrounding the refinery and initiated a massive tree-planting project to combat air pollution. But these weren't just any trees—he planted over 100 varieties of mango trees! 🥭 Fast forward to today, and that initiative has blossomed into the world’s largest mango orchard, raking in export revenues of hundreds of crores (tens of millions of dollars). 🥭 💸 Thus, Ambani transformed from a petrochemical tycoon to an "AAMbani," cleverly converting an environmental problem into a profitable and sustainable business venture.

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Can technical founders become effective CEOs? Srinath Sridhar knew he needed to step out of his comfort zone when he founded Regie.ai four years ago. Now he and cofounder Matt Millen have raised more than $20 million and landed on G2’s list of fastest-growing software products of 2024. My full conversation with Sri is in the comments.

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Yeh bhi theek hai.

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If you're an entrepreneur venturing into building SaaS for a global audience, heed the wisdom of those who have successfully navigated this path.

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🚨 Making of a billion-dollar exit 💰 Accel has sold shares worth over $300 mn in Freshworks over the last 12 months, according to research done by The Arc The VC firm had not sold any shares during the IPO in 2021. It still holds over 13% stake in the Nasdaq-listed company 👨‍💻 The returns on this will be a multi-bagger for Accel 🤑 Series A entry price - $0.05 a share Current price - $18.44 a share Accel's average price increased as it participated in follow-up rounds. More 👇 #venturecapital #software #saas #freshworks #accel #vc #exits #returns https://lnkd.in/g65TbjGR

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These are all the hindi (hinglish) queries we tried in our webinar on AI in ONDC. You can also try youu search queries here: https://lnkd.in/gMz5hEju

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Building Consumer Apps in India - Series 1 Currently there are about 17L apps on Playstore out of which, 13.83L do not have any rating, not even from friends and family. You can consider them to be not so serious about pushing the app. If you care about your app, you are already ahead of 77% of the apps. Then comes the apps with rating less than 3.5 which shows your tech team is not actively debugging or your app is really short lived and has no consumer utility. If you stay consistent and do even bit of user research prior to build, you would be ahead of another 1.5L apps. Staying ahead of 86% apps. The real struggle for power happens between the remaining 2.5L apps. Considering the current scenario, about 1.6% of apps are social media and 4% are shopping apps and since we are building in the intersection of them, we are head-on with 14000 apps. This is where geography and other factors come in to support, and you finally have to fight against 5% of 14000 apps, ie. you effectively are competing against 700 apps to be the best amongst them. Now comes real product play. What do you think is the reason most apps fail? (Consumer Apps) #consumerapps #koo #product #appstore #playstore #developers #apps #shopping #socialmedia #social

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Live streaming is all about CDN 🤦‍♂️ If you are one of them, watch this podcast to understand the infra setup, the scaling techniques, and the challenges it takes to livestream a cricket match to 20 million concurrent users without hiccups. I spoke with Prachi Sharma, a Sr. Engineering Director at JioCinema leading the Backend Platform pod to understand the nuances of live streaming at scale and some fun wartime stories. Fun fact, it was Prachi's 6th IPL 🤯 give it a watch - youtu.be/36N1Bz7qW0A I am on a mission to bring out the best engineering stories from around the world and make you all fall in love with engineering. If you resonate with this then follow along, I always keep it no-fluff. #AsliEngineering x #JioCinema

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PhonePe is hiring a Product Manager! ✨ Here’s what you’ll get to do: → Own and drive the product roadmap for platform and user-centric products. → Collaborate with cross-functional teams, ideating and executing product objectives at scale. → Craft detailed product specs, identifying key problem statements and aligning them with business goals. → Prioritize and influence stakeholders with strong data-driven insights. → Manage communication and product cadences to ensure seamless execution across teams. → Constantly innovate and refine product features based on user feedback. If you’re passionate about solving complex problems, enjoy working with data, and want to make a real impact, this could be the perfect role for you! Apply here ⬇ https://lnkd.in/ejvFbmXd --------- Worried you don't have a portfolio website to showcase your PM skills? 🤔 What if I told you that you could launch your portfolio website in less than 5 minutes? 🕒💨 That's exactly why we built Designfolio! Launch your portfolio website right now 👉 www(.)designfolio(.)me (Link in the first comment) ✨ Tag your Product Management friends and share this opportunity! Let's spread the word! ♻️

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