Indian Silicon Valley with Jivraj Singh Sachar
Business:Entrepreneurship
E72 - Pioneering E-Commerce 2.0 w/DealShare's Vineet Rao & Sourjyendu Medda
In this Episode, I (@Jivraj Singh Sachar) speak with Vineet Rao & Sourjyendu Medda, Co-Founders of DealShare.
Dealshare is India's fastest growing social e-commerce startup, an online buying platform for multi-category consumer products. It is defining how the next billion Internet shoppers of India transact online! This movement is being enabled by a unique model that leverages some wonderful first-principle mechanisms such as group buying, hyper-local influencers, SME integration on the supply side and much more. All of this on top of operational brilliance and mind-blowing capital utilisation, making DealShare a legendary organisation.
Through this episode we discuss the following:
1. (01:52) : Deciding to go after the large E-Commerce opportunity of India!
2. (06:17) : The practical on-ground early consumer reaction to DealShare ~ Going over the early the 0 to 1!
3. (10:31) : Doing things that Do-Not-Scale at Scale!!
4. (13:27) : The secret behind the Operational Brilliance in the DealShare Model
5. (18:38) : How does DealShare execute the principles of Capital Efficiency & Profitability?
6. (23:14) : Tackling the adverse aspects of the Journey!
7. (26:20) : Building a mission driven when disrupting a Category!
8. (30:01) : Staying connected across the Team as the Company Scales ~ the role of the Founders when scaling culture!
9. (33:11) : Thinking from First-Principles and Pioneering Original Mechanisms in the Market! ~ Group Buying, Hyperlocal Influences, Supply-Side integration.
10. (39:29) : Short Term Execution v/s Long Term Vision ~ Lessons for Scaling Exponentially Fast!
11. (44:09) : Time Bracketing & Prioritisation amidst multiple co-founders!
12. (48:34) : Scaling as Founders along the journey exponential growth!
13. (52:36) : The core motivation as a Builder
14. (56:43) : Conclusion
Hope you liked the 72nd Episode of the Indian Silicon Valley Podcast - Pioneering E-Commerce 2.0!
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