In this episode of Matrix Moments, Asish Mohapatra talks with Vikram Vaidyanathan, Managing Director, Matrix Partners India, about his journey of building OfBusiness, and his transition from being an investor at Matrix Partners India to the founder of a fintech startup.
Key takeaways for building big #FinTech startups:-
1. Every commerce company, once it attempts to scale, essentially has to solve for financing. Even Amazon and other big players are realising the potential of installment economy.
2. To be able to make a financing transaction, you need to have different capabilities. And those should be around debt raising (because debt is cheaper than equity), underwriting, and collections.
3. People at the top have to have to speak the exact same language as the customers' requirements.
4. You have to force people to consciously develop a risk mindset, which not many of us do because fundamentally, we are empiricist in nature.
5. Being customer-centric is necessary but it is never sufficient.
6. You need to have technology in your businesses because without that you won't have access or low-cost access.
7. To scale a company, it is also important to have a strong team and a set of founders.
Read on
[Matrix Moments] Asish Mohapatra's journey from being an investor to building a fintech startup at scale
In this episode of Matrix Moments, Asish Mohapatra talks with Vikram Vaidyanathan, Managing Director, Matrix Partners India, about his journey of building OfBusiness, and his transition from being an investor at Matrix Partners India to the founder of a fintech startup.
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