Vinay Agastya’s Post

🔥PhonePe Pe. In 2015, 🌟Sameer Nigam , 🔥Rahul Chari , and Burjin Engineer co-founded PhonePe, 🚀🔥Meet man, who left high-paying job at Flipkart, built Paytm's biggest rival, built Rs 99400 crore company,🚀🔥 🌟Courage to Change: Leaving a high-paying job at Flipkart to start his own venture showcases immense courage and belief in his vision, inspiring others to take bold steps towards their dreams. 🌟Visionary Leadership: Building a company valued at Rs 99,400 crore reflects his visionary leadership and ability to see opportunities where others might not. 🌟Innovative Thinking: By creating a formidable rival to Paytm, he demonstrated innovative thinking and the ability to disrupt the digital payments industry. 🌟Relentless Determination: His journey highlights relentless determination and perseverance, proving that success often comes to those who persist through challenges. 🌟Empowering Others: Through his company, he has empowered millions of users with easy access to digital financial services, contributing significantly to financial inclusion. 🌟Strategic Growth: His strategic approach to growth, from understanding market needs to scaling operations, serves as a blueprint for aspiring entrepreneurs. 🌟Adaptability: His ability to adapt to changing market dynamics and consumer preferences has been crucial in building a successful and resilient business. 🌟Creating Impact: Beyond financial success, his venture has made a significant impact on the digital economy, transforming how people transact and manage money. 🌟Inspiring Legacy: His story of leaving a secure job to build a billion-dollar company serves as an inspiration for those who wish to create their own legacy through entrepreneurship. 🌟Focus on Innovation: His continuous focus on innovation ensures that his company stays ahead in a competitive market, highlighting the importance of staying dynamic and forward-thinking. ✅️Share Your Startup Story 🚀📲 https://lnkd.in/ggir3Qap ✅️visite our website🌐 https://lnkd.in/dad4nH #VisionaryLeadership #InnovativeThinking #RelentlessDetermination #EmpoweringOthers #StrategicGrowth #Adaptability #CreatingImpact #InspiringLegacy #FocusOnInnovation #Entrepreneurship #DigitalTransformation #FinancialInclusion #scoopearth

It costs $0 to build connections. Yet it can open doors you never imagined. Here's how: 1: Connect genuinely on social media  → Maybe just ask for a 15 mins chat over coffee. 2: Support beginners in your field → That simple like or comment could make their day 3: Share your learnings openly → Someone out there needs to hear your story today You never know how these small gestures might shape your journey. Need proof? From being strangers to fixing the broken investment landscape in India These four friends from Flipkart came together to build not just another fintech app, But, they democratized wealth creation. - The tools were complex.  - The processes were intimidating.  - Millions had money, but investing felt like rocket science. Their solution? Groww. Today, that "small" idea is worth ₹25,000 Crore. But here's what fascinates me most: → 1.5+ crore users across 900+ cities  → Started with mutual funds, now offers everything from stocks to IPOs Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal literally changed how Young India thinks about money. Remember this next time you're having coffee with colleagues...  Your next billion-dollar idea might just be brewing there! But more importantly?  Be real. The best opportunities often come wrapped in genuine connections. P.S. What's that one connection you built opened the biggest door for you? Share your story below! #StartupIndia #FinTech #Entrepreneurship #Flipkart #Groww

An inspiring story about Rajan Bajaj, Founder of Slice: From Flipkart to Slice: Rajan Bajaj's Entrepreneurial Journey Rajan Bajaj, a seasoned entrepreneur, took a bold step when he left his comfortable job at Flipkart to pursue his dream. The Turning Point: During his tenure at Flipkart, Rajan realized that many young Indians struggled to access credit, hindering their financial independence. He saw an opportunity to make a difference. The Idea: Rajan conceived Slice, a fintech platform offering convenient, flexible payment solutions for young Indians. Challenges: 1. Leaving a secure job 2. Bootstrapping the venture 3. Navigating regulatory hurdles 4. Building a team Key Decisions: 1. Partnered with Rohan Mangal and Sanjay Singh 2. Conducted extensive market research 3. Developed a unique, no-interest credit line product 4. Focused on user experience and simplicity Slice's Early Days: 1. Launched in 2015 with a small team 2. Initial funding from friends, family, and angels 3. Iterated and refined the product Breakthrough: Slice gained traction, attracting millions of users and processing billions of transactions. Lessons Learned: 1. Identify real-world problems 2. Take calculated risks 3. Surround yourself with talented teams 4. Adapt and innovate Rajan's Advice: "Don't be afraid to take the leap. Believe in your idea, and be willing to put in the hard work." Today: Slice is a leading fintech player, empowering young Indians with financial freedom. E-Cell, IIT Bombay Department of Industries, Government of Bihar

In the context of recent developments where startups in India are facing bans on their apps and legal challenges, such as the case with Paytm, the mental health stakes for founders and employees are significantly heightened. These legal and operational hurdles not only disrupt business processes but also add a layer of stress and uncertainty for all stakeholders involved. For founders, who often pour their heart and soul into their ventures, such regulatory challenges can be particularly disheartening, leading to increased stress, anxiety, and in some cases, a sense of personal failure. This emotional toll can trickle down, affecting the overall morale and mental well-being of the entire team. Moreover, the ban on apps, a critical touchpoint for many startups to engage with their customers, can lead to financial strain and operational challenges, further exacerbating the stress levels within these companies. For employees, this could mean job insecurity, worries about their career progression, and concerns about the company's future. In these turbulent times, it is crucial for leadership within startups to acknowledge these challenges and take proactive steps to support the mental health of their teams. This might include transparent communication about the company's situation, providing access to mental health resources, and creating a supportive culture where employees feel valued and heard. The resilience of a startup is not only tested by its ability to overcome business challenges but also by how it supports its people during these trials. Mental health support should be seen as an integral part of a company's response strategy, ensuring that both founders and employees are equipped to navigate these challenges with resilience and strength. #StartupChallenges #MentalHealthInBusiness #FoundersWellbeing #EmployeeSupport #ResilienceInAdversity

Startup Employee Expenses: FY24 Trends Revealed! Employee expenses are a significant indicator of a company's growth, focus, and priorities. Analyzing FY24 data, some intriguing trends emerge: Flipkart leads the pack : With ₹5,177 Cr in expenses, growing 15.5% YoY, Flipkart demonstrates its massive scale and commitment to building strong teams. Lenskart.com A 51% increase to ₹71,086.4 Cr indicates Lenskart's aggressive expansion and talent acquisition strategies. Razorpay and Rapido Razorpay's 4% drop and Rapido's 16.61% decline in expenses suggest efforts to streamline costs and sustain operations. Astrotalk (28% increase) and InsuranceDekho (21.7% increase) demonstrate the importance of investing in talent for growth. This data highlights the significance of people in driving startup success. Each brand's approach to talent costs reveals their priorities and strategies. What's your take?Should startups prioritize investing in people or focus on efficiency? Share your thoughts! #startups #businessgrowth #teambuilding #talentacquisition #employeeexpenses #growthstrategies image courtesy- Inc42 Media

Greetings everyone! Today Ashneer Grover who is one of the founder of BharatPay came at PIET Panipat Institute of Engineering and Technology during its Lead Workshop and share his insights with us. It was a pleasure listening to Mr. Ashneer Grover today. His very first suggestion was -"let's get straight to the point." 1. Start a business after gaining good experience in the specific field. 2. Work in different startups before starting your own. 3. Calculated risk is necessary. 4. Don't go for losses when out of 100% you are getting profit from 10%. 5. People will come and go, focus on building up the idea 6. Every business is good specially if it is a family business. 7. Communication is the key factor in any business. 8. Strong foundational knowledge is crucial. 9. Understand and fill customer needs. 10. Money is success. He also told us about the inspiring stories of Flipkart , grofers and Zomato which started from the hostel wing and offices so that employees can order food between 1 to 4pm and then becomes a startup.

Flipkart is reportedly set to launch 10-15 minute delivery services in at least a dozen cities in the next six to eight weeks. The ecommerce major is settting up dark stores in cities including Bengaluru, Delhi-NCR and Hyderabad. Currently, Zomato's Blinkit is leading the quick commerce market in India. ********************* 🚀 Exciting News for Entrepreneurs, Investors, and Business Leaders! 🌟 The 2nd edition of Startup Story B2B Connect & Entrepreneur Awards is here, bigger and better than ever! 🌐 Connect, collaborate, and elevate your business with more startups, investors, and unparalleled opportunities. Don't miss this chance to reshape your entrepreneurial journey. 🚀 Register Now: https://lnkd.in/gqRAcgJ9 #flipkart #blinkit #zepto #quickcommerce #ecommerce #news #startupnews #startupstory

🌟 Hey Bangalore entrepreneurs! Let's take a journey back to where it all began with Sachin Bansal and Binny Bansal, the visionaries behind Flipkart! 💼🚀 In 2007, these two trailblazers had a vision to revolutionize online shopping in India. Through their leadership, Flipkart grew from a humble online bookstore to a colossal e-commerce giant, reshaping India's retail landscape along the way. 📚💻 They introduced groundbreaking features like Cash on Delivery and easy returns, setting new industry standards and capturing the hearts of millions of customers. Sachin Bansal and Binny Bansal exemplified the importance of innovation, adaptability, and community support. While Sachin focused on fundraising and industry relations, Binny handled day-to-day operations, proving that a balanced partnership is key to success. 🤝 So, what can we learn from their journey? Community support is paramount for small businesses to thrive. Just as Sachin and Binny built a network of support around Flipkart, small business owners in Bangalore need a strong community to succeed. 💪 That's where BIZLURU comes in! 🎉 We're more than just a platform for stall spaces; we're architects of opportunity! Our mission is to empower entrepreneurs by providing accessible stall spaces at diverse venues across Bangalore and offering value-added services to fuel your growth journey. 🌱 At BIZLURU, we believe in the strength of community and collaboration. Together, we can thrive, connect, and grow! Join us as we build bridges, forge relationships, and nurture a vibrant network of trailblazers in the local business landscape. 💼✨ Let's work hand-in-hand to create an environment where the spirit of entrepreneurship thrives, and each success story enriches the fabric of our ever-evolving community. 🌈 #BIZLURU #Entrepreneurship #CommunitySupport #BangaloreBusiness #SmallBusinessSuccess #Collaboration #SuccessStories

#ThePowerOfPartnerships Let's talk about the ace up one's sleeve to success: Strategic Partnerships. Startups, you're not in this alone. Partnering with the right companies can be your golden ticket to unlocking new markets, accessing crucial resources, and even making a positive impact on the world. Here's the deal: Diversity is your superpower: Collaborate with companies that challenge your thinking and bring fresh perspectives. Innovation thrives at the intersection of different worlds. 💡 Flipkart partnering with Walmart brought global retail expertise to the Indian market. Think global, partner local (and beyond): Expand your horizons and explore opportunities across cultures. A global mindset can open doors you never imagined. 💡 Paytm's partnership with Alibaba provided access to technology and investment, propelling its growth. Collaboration over competition: A rising tide lifts all boats. By working together, you can create something truly extraordinary. 💡 Ola and TaxiForSure merging to create a dominant player in the Indian ride-hailing market. In today's competitive landscape, strategic partnerships are no longer an option but a necessity. By embracing collaboration and diversity, startups can unlock their full potential and drive meaningful change. Let's build a stronger startup ecosystem together. 🤝 What qualities do you look for in a strategic partner? Let's discuss! Marwari Catalysts | Divya Multani Jain | Vaishvi Bansal | Bhupesh Kankariya | Richa Jain | Apoorv Singh | Shalabhh Sharma #startuplife #strategicpartnerships #collaboration #innovation #globalbusiness #socialimpact #partnerup #growthmindset #businessdevelopment

𝐈𝐧𝐬𝐩𝐢𝐫𝐢𝐧𝐠 𝐋𝐞𝐬𝐬𝐨𝐧𝐬 𝐟𝐫𝐨𝐦 𝐋𝐞𝐚𝐝𝐞𝐫𝐬 𝐏𝐀𝐑𝐓 (𝟎𝟒/𝟑𝟎) "Age doesn’t matter if you have the attitude and the drive to succeed.” - Sachin Bansal He is the founder of the company Flipkart which is India’s largest online e-commerce marketplace helped in getting global recognition for the Indian startup scene. Here are some practical lessons by him which will benefit start-ups as well as other businesses: 📍 𝐒𝐮𝐜𝐜𝐞𝐬𝐬 𝐢𝐬 𝐫𝐞𝐬𝐮𝐥𝐭 𝐨𝐟 𝐦𝐢𝐱 𝐨𝐟 𝐟𝐚𝐜𝐭𝐨𝐫𝐬: According to him, there is no one factor which can be credited to success, but success is a result of various actions taken by the founders, their team and various other stakeholders in the ecosystem. 📍 𝐎𝐰𝐧𝐞𝐫𝐬𝐡𝐢𝐩 𝐚𝐧𝐝 𝐥𝐞𝐚𝐫𝐧𝐢𝐧𝐠 𝐦𝐢𝐧𝐝𝐬𝐞𝐭: Sachin Bansal Sir believes that ownership and learning mindset are the two most significant factors he looks in any potential employee as it they are the most essential qualities for Start-ups success. 📍 𝐇𝐚𝐯𝐢𝐧𝐠 𝐚 𝐦𝐞𝐧𝐭𝐨𝐫: During tough economic environment like in 2008, Mentors advice helped flipkart a lot and he believes that during initial times, it is crucial to find the right mentor for guidance in one’s startup journey. Which is that one dream which you would have fulfilled if age is not the barrier?