Sanjeev Bikhchandani on Finding Zomato & Taking the First Tech Company in India to IPO

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Today I have with me the entrepreneur who I’ve always looked up to. I consider him the Dronacharya of the Indian startup ecosystem.

This man has never shied away from expressing himself freely.

His company was the first tech company in India to go public and inspired a generation of companies to go public like MakeMyTrip, Zomato, and PolicyBazaar.

All entrepreneurs dream of taking their companies public and the very few who reach that milestone remain busy managing that company or end up taking retirement.

But this man never rested. He is responsible for many startups in India that have gone public.

Today I have with me Padma Shri awardee Sanjeev Bikchandani Sir.

This episode is about the unconventional choices of Sanjeev Sir and his philosophy of making India great.

I would also like to thank our sponsors Prime Venture Partners for sponsoring the Neon Show.

Hope you enjoy it.

Sponsor Shoutout
Looking to build a differentiated tech startup with a 10X better solution? Prime is the high conviction, high support investor you need. With its fourth fund of $120M, Prime actively works with star teams to accelerate building great companies.



To know more, visit https://openinapp.co/n94yu

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🎇CHAPTERS🎇

00:00 Highlights of the Episode

00:45 Meet Sanjeev Bikhchandani, InfoEdge Founder

01:55 Journey to Entrepreneurship: Sanjeev's Story

06:54 Building InfoEdge

08:03 Finding a Repeatable Profitable Unit as a Startup

13:58 InfoEdge's Unique Sales Strategy

15:37 Why They Wanted to Build a Public Company?

16:15 His Experience of Making His Company Public

18:01 Investing in Startups

22:15 Building Info Edge Ventures

26:15 Taking 10 Years to Make Naukri.com Public

28:06 Global Market Before and After 2022

29:20 2 Tips from his 33 Years of Experience

31:36 Sacrificing Profits - Is It Worth Doing?

33:35 Is Aggregator Business Model The Best?

44:40 Is TAM Important?

50:23 Is Investing A Great Business?

51:55 Investing is a Long-Term Game

54:29 When Should a Company Go Public?

58:45 The 1 Defining Trait of an Entrepreneur

1:00:09 What Makes InfoEdge Successful?

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Hi, I am your host Siddhartha! I have been an entrepreneur from 2012-2017 building two products AddoDoc and Babygogo. After selling my company to SHEROES, I and my partner Nansi decided to start up again. But we felt unequipped in our skillset in 2018 to build a large company. We had known 0-1 journey from our startups but lacked the experience of building 1-10 journeys.

Hence was born The Neon Show (Earlier 100x Entrepreneur) to learn from founders and investors, the mindset to scale yourself and your company. This quest still keeps us excited even after 5 years and doing 200+ episodes.

We welcome you to our journey to understand what goes behind building a super successful company. Every episode is done with a very selfish motive, that I and Nansi should come out as a better entrepreneur and professional after absorbing the learnings.


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