How to Build a Profitable Unicorn Startup? (Part-1)

How to Build a Profitable Unicorn Startup? (Part-1)

18 Minuten

Beschreibung

vor 2 Jahren

A 3-part podcast series, in partnership with OfBusiness, India's
youngest profitable unicorn!


Background:


OfBusiness is a B2B procurement and fintech platform, which
is the youngest profitable Indian unicorn that has crossed over
$2 bn in revenue in FY2022-23.

The 7-year-old startup which turned unicorn in July-2021 has
leapfrogged with a $6+ Bn valuation, operating across 20+
countries. It has impressive backing from top global
investors like TigerGlobal, Norwest, Softbank, etc.

Both co-founders, Nitin Jain and Vasant Sridhar will share
valuable insights based on their own journey of building
OfBusiness into the profitable unicorn that it is today.



The first part of this series covers:
How did the idea of OfBusiness evolve? Key pain
areas/challenges that founders observed in the procurement sector?
Composition of their founding team and complementary skill sets?
Some of the challenges founders faced in the early stages, and the
way they overcame them? Advice for the founders/B2B startups that
are at the initial stages? Key milestones in the early growth of
OfBusiness, and how did they navigate their first fundraising?

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