Investors का Doglapan? Ashneer Grover ने BharatPe से क्यूँ Resign किया?

Summary

In this engaging discussion, the speaker shares insights into the journey of Bharat Pe, a payment solution that rapidly scaled to a $3 billion valuation within four years. Highlighting the challenges of the fintech industry, the speaker reflects on innovative strategies, including zero transaction fees to attract merchants. They emphasize the importance of adaptability and understanding market needs while also addressing the complexities of investor-founder relationships. The narrative culminates in a call for maturity in the startup ecosystem, advocating for better communication and transparency among stakeholders to foster growth and sustainability.

Takeaways

• 😀 Emphasizes the importance of effective communication in personal and professional settings.
• 😀 Highlights the role of active listening in improving relationships.
• 😀 Discusses the impact of body language on conveying messages.
• 😀 Suggests techniques for enhancing public speaking skills.
• 😀 Points out common barriers to effective communication.
• 😀 Recommends practices for giving and receiving constructive feedback.
• 😀 Explores the significance of emotional intelligence in communication.
• 😀 Provides tips for managing conflicts through better communication.
• 😀 Urges the necessity of adapting communication styles to different audiences.
• 😀 Advocates for continuous learning and improvement in communication skills.

Q & A

What is the core idea behind Bharat Pay according to the speaker?

The speaker emphasizes that Bharat Pay aims to simplify payments for merchants by eliminating transaction fees, allowing them to receive payments without additional charges.

How did the speaker perceive the payment charges imposed by other companies like Paytm?

The speaker questioned why merchants should pay transaction fees when individuals could transfer money without such charges. This led to the idea of offering services with a 0% charge.

What significant growth did Bharat Pay achieve within a short time frame?

Within four years, Bharat Pay grew into a $3 billion company, showcasing rapid growth compared to traditional businesses.

What strategy did the speaker mention regarding loan offerings to merchants?

The speaker discussed providing loans to merchants based on their transaction history, allowing Bharat Pay to understand their business performance and offer financial support.

What was a critical challenge faced by Bharat Pay regarding banking licenses?

The speaker mentioned that obtaining a banking license was difficult for startups, as established companies struggled to secure one, yet Bharat Pay was able to achieve this in a short period.

What does the speaker convey about the relationship between founders and investors?

The speaker highlights a disconnect between founders and investors, suggesting that investors often view themselves as superior due to their financial backing, which can complicate decision-making in companies.

How did the speaker's past experiences shape their perspective on business and investment?

The speaker reflects on their journey, indicating that experiences of overcoming challenges and restructuring their approach to business influenced their understanding of investor dynamics and operational challenges.

What does the speaker mean by the statement 'I was not Tommy'?

The speaker uses this phrase to illustrate their self-identity as a leader who is not submissive to external pressures, contrasting with the idea of being a mere follower or 'Tommy.'

What role did the speaker's previous experience at PC Jewelers play in their career?

The speaker's experience at PC Jewelers helped them recognize market gaps and motivated them to innovate in the payment sector, leading to the founding of Bharat Pay.

What important lesson does the speaker impart regarding the startup ecosystem?

The speaker emphasizes the need for maturity in the startup ecosystem, advocating for clear documentation of the challenges faced by founders and the importance of healthy communication between investors and operators.