The start of something new!
Dear Investors and Friends,
We have not one, but two exciting things to share.
We did some digging around one thing all Indians love - food! And compiled 20 insights on it in our mini-report, ‘20 Things About How India Eats’.
What’s in store for you?
- Food trends in India
- Emerging opportunities in India’s food tech market
- VC activity in food tech, and much more!
This is the first report in our ‘20 Things About How India...’ series. More coming your way soon :)
Read the report here.
Coming to the second thing, we recently kicked off a new season of our High IQ Podcast with Rapido’s co-founder, Aravind Sanka!
It was a pleasure talking to him. We could feel the commitment and passion he had for Rapido’s drivers. Did you know that 75% - 80% of his team focuses on building products for their drivers, a.k.a. Rapido Captains, and the remaining for customers?
Aravind shared Rapido’s journey from when it was difficult to explain the concept of bike taxis to VCs to being present in 85 cities in India today and moving over a million customers daily. We dug deep into the behind-the-scenes of running a ride-hailing business and discussed India's gig economy, what can be built for blue-collar workers, and technological changes fueling ride-hailing services' growth in India.
Watch our High IQ Podcast episode with Aravind Sanka here.
We have saved some fun for last; here’s what our founders have been saying:
Ankit Agarwal shares his journey building Topmate on its 2nd anniversary.
Food for thought from Avlesh Singh, co-founder and CEO of WebEngage…
Lendingkart saw doubled profits and 43% revenue growth in Q1 FY24.
And finally, here’s Madhukar Sinha, Founding Partner at IndiaQuotient, on company culture 👇
Thank you for taking the time to read this newsletter. We hope you enjoyed it.
Do write back to us with your feedback.
Cheers,
Team IndiaQuotient.