Rahul Jairath’s Post

This Chasm will only increase further ! It is expected that stock market will grow 10 times in 20 years. Smart investors will make many times more. As a result of this lot of wealth will be generated and at the same time, lot of disruptions will also happen. Will everyone make money. The answer is Unfortunately “No”. Jio Mobile grew at the cost of other Cellular service providers (Aircel, R Com, Idea, etc). The Zeptos, Blinkits and Swiggy Instamart are growing at the cost of local Kirana Stores. AI is eating Coders, Softwares Engineers, Creators Job. I see some of my close friends and ex colleagues at LIC struggling. Be wise. Stay updated. Transform immediately. At the cost of blowing our own trumpet, we suggest get associated with “Geld Wealth Management” (Anil Jha’s latest Start Up). We will help you and your investors/clients grow exponentially! Happy Diwali ! Anil Jha, Coach, Speaker, Investor. Master Partner, Motilal Oswal. #disruption #technology #ai #lic

🚀 Exploring PhonePe's Growth Journey🚀 Thrilled to share the outcome of our latest team case study on PhonePe, one of the leading players in India's fintech space! 📱Our dedicated team— Mansi Gupta, Rohit Jaiswal, Rajvendra Rahi, Yogesh sharma—embarked on this project to uncover the strategies and technologies that have propelled PhonePe from its inception in 2015 by ex-Flipkart employees to the forefront of the digital payments revolution, boasting over 450 million users today. Together, we dived deep into: 📈 Growth Strategies: Uncovering how PhonePe addresses customer pain points and explores diverse revenue models. 🔍 Operational Mapping: Using ER diagrams to visualize key business processes. 🧠 Scenario-based Problem Solving: Tackling real-world challenges through strategic thinking. 📊 Cohort Analysis: Identifying customer behavior trends over time, helping to optimize retention strategies. 🧮 Guesstimates: Approximating key business metrics to evaluate market potential and operational scale. 🧪 A/B Testing: Highlighting the role of data-driven decision-making in shaping future strategies. This collaborative effort underlined PhonePe’s ability to adapt and innovate in the fast-paced fintech world, and I’m grateful to have worked with such a talented team! 🌐💡 🙏 Special Thanks: A big thank you to AlmaBetter for their robust learning material. Your resources have been invaluable in deepening my understanding of these essential techniques. #Fintech #CaseStudy #PhonePe #CohortAnalysis #Guesstimates #ABTesting #GrowthStrategy #DataDriven #Innovation #TechAnalysis #ContinuousLearning #ProfessionalGrowth #DataScience #AlmaBetter #TechSkills #DataScienceJourney #AspiringDataScientist

📌 𝐁𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐟𝐨𝐫 𝐄𝐯𝐞𝐫𝐲 𝐈𝐧𝐝𝐢𝐚𝐧: 𝐒𝐚𝐦𝐞𝐞𝐫 𝐍𝐢𝐠𝐚𝐦'𝐬 𝐕𝐢𝐬𝐢𝐨𝐧 𝐚𝐭 #𝐈𝐄𝐒2024 At the India Economic Summit 2024, Sameer Nigam, CEO & Co-founder of PhonePe, shared a compelling journey of how PhonePe democratizes digital payments for over 50 𝐜𝐫𝐨𝐫𝐞 𝐮𝐬𝐞𝐫𝐬 while ensuring no one is left behind. 🌍 Here are some key takeaways: 🔹𝐄𝐦𝐩𝐨𝐰𝐞𝐫𝐢𝐧𝐠 𝐁𝐡𝐚𝐫𝐚𝐭:  From Tier 1 metros to the smallest villages, PhonePe’s network has illuminated over 4 crore merchants, making digital payments accessible across India. 🔹 𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐈𝐧𝐜𝐥𝐮𝐬𝐢𝐨𝐧: Beyond payments, PhonePe is paving the way for insurance, digital lending, and investments—helping financial institutions design products for the masses. 🔹 𝐓𝐫𝐮𝐬𝐭 𝐚𝐬 𝐭𝐡𝐞 𝐂𝐨𝐫𝐧𝐞𝐫𝐬𝐭𝐨𝐧𝐞: With a staggering 99.8% repeat user rate and no cashback, PhonePe’s focus on reliability speaks volumes about building lasting relationships. 🔹 𝐒𝐜𝐚𝐥𝐢𝐧𝐠 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐲:  Achieving INR 5,000+ crore in revenue while staying non-cash profitable is proof of balancing growth and governance. At 𝐏𝐡𝐨𝐧𝐞𝐏𝐞 𝐀𝐝𝐬, we take pride in supporting this mission by enabling businesses to reach diverse audiences effectively. Whether a local Kirana store or a global brand, our ad solutions connect businesses with consumers in every nook and corner of India. 💡 🌟 Watch Sameer Nigam’s inspiring session here: https://lnkd.in/ggkijXWJ #BuildWithPhonePeAds #DigitalIndia #FinancialInclusion

Jayankanthan's story is all about turning tough challenges into big achievements. Having faced many challenges because of his disability, he now shines in his Catalogue Executive role at PhonePe, showing us all how hard-work has the ability to conquer all challenges. At Atypical Advantage, we help dreams come true. Seeing Jayankanthan succeed reminds us why we do what we do. He’s not just working; he’s making a big difference at PhonePe and helping us all learn the power of working together. Let's keep cheering for Jayankanthan and others as we work to make every workplace welcoming for everyone. Here’s to more success stories, one step at a time! #AtypicalAdvantage #InclusiveHiring #personswithdisabilities #DisabilityPrideMonth #hiring #SuccessStories #placed

PhonePe has proudly generated 22,000+ jobs across India since 2016. It currently employs 1,500+ of the country’s finest engineers who are building world-class technology solutions to power India’s digital payments and financial inclusion revolution. The same engineering team also develops new tools and products, to help our employees become more productive. While this has led to a significant amount of efficiency in how we manage functions like CX, we have never had to resort to layoffs in our 9 year history.  Any reduction in our CX force is the result of not backfilling positions that got created by natural attrition over the past 5 years. It is true that we managed to compensate for the attrition by building more intelligent systems. But we take pride in saying that we have never laid off an employee in any function just because we developed more intelligent tech platforms. Our focus is always on creating capability and expertise. 

Enjoyed a great discussion with Deeksha Anand on various topics that every product manager should listen to. I tried to bring out lessons from my own experience and crunched those in the 43 minutes. We discussed the following: - Skills that a great Product Manager in a startup should have - Fintech market evolution in India - What made the fintech market explode - Factors that led to PhonePe's growth - Feature work vs Growth work: what should PMs focus on now? - My advice if you want to succeed in the Fintech industry Watch the whole video, link in the comments. Deeksha Anand also has a lot of other product podcasts that are very insightful. #productmanagement #fintech #podcast

PhonePe, announced the release of its inaugural annual report, providing a comprehensive overview of the company’s vision, strategy, governance & financial performance. The report highlights PhonePe’s commitment to transparency and accountability while showcasing its approach to delivering innovative financial solutions for India. “At PhonePe, our goal is to build Internet platforms that empower Indian citizens to improve their lives and achieve their aspirations. We believe continuous innovation is key to shaping a modern, developed economy by India’s 100th anniversary of independence. Free market competition, driven by product innovation and service excellence, is the future. Transparency is central to this, which is why we are proud to release our first annual report. We hope that it will give readers a better understanding of our operating philosophy, culture and governance model, and our business strategy.” says Sameer Nigam, Founder & CEO at PhonePe. To know more and read the full report, please visit: https://lnkd.in/gB2sjf-Q #PhonePe #AnnualReport #FintechInnovation #FintechIndia #FinancialInclusion #KarteJaBadhteJa

𝐈𝐬 𝐢𝐭 𝐫𝐢𝐠𝐡𝐭 𝐭𝐨 𝐜𝐡𝐚𝐬𝐞 𝐬𝐜𝐚𝐥𝐞 𝐚𝐭 𝐭𝐡𝐞 𝐞𝐱𝐩𝐞𝐧𝐬𝐞 𝐨𝐟 𝐩𝐫𝐨𝐟𝐢𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲? 🤔 This is age old debate and has gained renewed significance in recent years, particularly amidst a tightening funding landscape. Upon reflection, I’ve identified a few scenarios where prioritizing scale over immediate profitability may still be necessary: 1️⃣ 𝐏𝐫𝐨𝐟𝐢𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐡𝐚𝐩𝐩𝐞𝐧𝐬 𝐨𝐧𝐥𝐲 𝐰𝐡𝐞𝐧 𝐲𝐨𝐮 𝐫𝐞𝐚𝐜𝐡 𝐜𝐞𝐫𝐭𝐚𝐢𝐧 𝐬𝐜𝐚𝐥𝐞: This situation arises when your fixed costs are so high that reaching a certain scale where profitability kicks in becomes inevitable. Platforms like Facebook and WhatsApp had high fixed costs initially, with negligible incremental costs even with the addition of millions of users. This case also applies to many marketplaces like Flipkart and Meesho. 💸💻 2️⃣ 𝐂𝐫𝐞𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐧𝐞𝐰 𝐦𝐚𝐫𝐤𝐞𝐭: Since this is a new market, here the initial focus is on user acquisition through incentives, which can temporarily sideline profitability. When likes of Ola, Swiggy/ Zomato started, they had to lure users in with irresistible discounts to create a new market. Recent relatable example is that of quick commerce when likes of Zepto started, which offered huge discounts until users got accustomed to the service. 🛵🍔 3️⃣ 𝐇𝐢𝐠𝐡 𝐬𝐰𝐢𝐭𝐜𝐡𝐢𝐧𝐠 𝐜𝐨𝐬𝐭/ 𝐋𝐨𝐜𝐤𝐞𝐝-𝐢𝐧 𝐥𝐨𝐲𝐚𝐥𝐭𝐲: Ever felt too invested in a platform to switch? That's the power of high switching costs. In these situations, companies focus on user acquisition first to reach certain scale. Banking and stock broking platforms like IDFC and Groww thrive on this principle, making it tough for users to jump ship. Zerodha, however, bucked the trend by leveraging its early mover advantage to cultivate loyalty sans burning cash. 🏦📈 4️⃣ 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐝𝐢𝐬𝐫𝐮𝐩𝐭𝐢𝐨𝐧: Changing the way of functioning by pumping in huge investments to disrupt the market and gain market share; Jio is the best example where in they entered a tough market with ultra-affordable data plans. They scaled rapidly, transforming the Indian telecom landscape, even though initial profitability was negative. 📱🌐 This high risk, high reward strategy can pay off if the required scale is achieved within the prescribed years. 🎲🏆 What do you think, folks? Do you agree with these scenarios? Can scaling up truly coexist with profitability, or is it a balancing act that's a gamble till it works? Let’s get the conversation started! 💬👥 #ScaleVsProfitability #businessstrategy #linkedindiscussion

Who says men use detergent bars as their skin care routine product? Breaking Stereotypes 💪! Did you know men make 44% of beauty & personal care purchases? 🚿💅 They're leading the grooming revolution! I took NextLeap's ' 2nd Learn in Public' challenge 📚 and dove into PhonePe's referral program 📊. Spent 3 hours on PhonePe Pulse 🕒, uncovering fascinating facts about monthly spending habits across India. Here's what I learned about PhonePe's referral program. #Fintech #PhonePe #ReferralProgram #LearningInPublic #Nextleap

An outstanding video that captures the essence of our Tech DNA, narrated by the brilliant architects behind it,Harsha Vardhan & Siddharth Jagani A must-watch to see how we are pioneering an industry-first tech infrastructure tailored for the affluent segment of the informal economy. 🚀🚀 #Fintech #NBFC #Lending