From Idea To UNICORN - Step by Step EXPLAINED ft. Razorpay Founder Shashank Kumar | FO16 Raj Shamani

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  • čas přidán 26. 07. 2024
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    In this episode of Figuring Out, Raj Shamani talks with the Co-Founder of Razorpay, Shashank Kumar.
    In 2013, India did not have a homegrown payments solution for small businesses while US-based PayPal was struggling with regulations. With a vision to simplify online payments in India, Shashank co-founded Razorpay in 2013 after working with Microsoft US as a software developer.
    Razorpay is India’s first full-stack financial solutions company. They are on a mission to enhance the payment experience of over 300 million end consumers.
    Razorpay has grown from being a payment gateway provider to a solutions-driven organization boasting of an extensive products suite to accept and disburse payments as well as raise capital and park money.
    The company has powered digital payments for more than 1,000,000 small and large businesses such as Indigo, BSE, Reliance, Sony and Oyo, among others.
    Watch the video till the end and subscribe to the channel for more pieces of value like this!
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    • Figuring Out With Raj ...
    -------------
    Timestamps:
    00:00 Intro
    02:55 Razorpay Explained
    03:40 How did Raj Find Out About Razorpay?
    07:00 How to Contribute to the Growth of India?
    27:25 How did they Get their Initial Customers?
    39:05 Top 3 Things for Every Startup Founder
    46:55 Why did YC Take them in?
    49:45 Has their Vision Changed?
    52:55 Top 3 Things for an Entrepreneur Outside the Organisation
    59:55 Next Billion Dollar Opportunity
    01:02:10 Outro
    -------------
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    About Raj Shamani
    Raj Shamani is an Entrepreneur at heart that explains his expertise in Business Content Creation & Public Speaking. He has delivered 200+ speeches in 26+ countries. Besides that, Raj is also an Angel Investor interested in crazy minds who are creating a sensation in the Fintech, FMCG, & passion economy space.
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    #Podcast #FiguringOut #RajShamani
    About Figuring Out
    Figuring Out Podcast is a Candid Conversations University where Raj Shamani brings raw conversations with the Top 1% in India.
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Komentáře • 106

  • @rajshamani
    @rajshamani  Před rokem

    Subscribe To Our Other CZcams Channels:-
    www.youtube.com/@rajshamaniclips
    www.youtube.com/@RajShamani.Shorts

  • @oneartist1794
    @oneartist1794 Před 2 lety +174

    This podcast is more valuable than my boring school lectures!!

  • @digitaldeepak21
    @digitaldeepak21 Před 2 lety +87

    I joined Razorpay in 2016 and worked there for a year. I vested 25% of my stocks and went on to build my own startup. Today, my Razorpay ESOPs are worth 5x my 2016's salary. And this is after selling 50% of my stocks in 2 previous secondary sales. Razorpay has truly built wealth for 1000s of people.

    • @intelligenttrader
      @intelligenttrader Před 2 lety +1

      Can you please help me out. My settlement money in razorpay has put on hold approx money was 1 lakh ruppes and i am not able to contact anyone please sir help me out. Reply me as soon as possible. 🙏

    • @StoaHQ
      @StoaHQ Před 2 lety +1

      This is great, thanks for sharing these insights. Razorpay has truly changed the Indian transaction space.

  • @StoaHQ
    @StoaHQ Před 2 lety +6

    1.) Have to be on top of Week-on-Week numbers
    2.) Hire people who can replace you, especially in the core team
    3.) Focus on the culture
    Great points by Shashank for all the budding entrepreneurs out there. These are extremely critical for your growth as a business.

  • @apj5949
    @apj5949 Před 2 lety +22

    Today big achievement for india in startups
    India beats UK in unicorn and we Beats china in 2030 in billion dollars startups
    Razor pay also a unicorn
    But in 2028 one of the unicorn mine 🙏🙏🙏

  • @wickedgaming3886
    @wickedgaming3886 Před 2 lety +4

    For the people who dont know Harshil Mathur's(co founder of RazorPay) father is a Karate instructor and he has been my karate instructor for 6years but i came to know about RazorPay just last year when Harshil's mom died(RIP) and i was scrolling through my sir's facebook page....I was really surprised to find that the person i was in connection with and had played many national and international tournaments under him....had a son who is the co founder and ceo of a unicorn RazorPay......Also i hv studied in the same school as Harshil.......I look forward to him and want to build a startup just like him after college

  • @karangoyal7386
    @karangoyal7386 Před 2 lety +22

    Watched the whole podcast one thing I admire that every podcasts brings us a step closer to our idea their execution and learning from other successful entrepreneur and also the question that you ask are so relatable to what is going in our mind if we have to ask these questions

    • @rajshamani
      @rajshamani  Před 2 lety +8

      Glad you liked it! Try my best to share more info with you all!!

    • @StoaHQ
      @StoaHQ Před 2 lety +1

      True, these podcasts are insanely value-driven business lessons.

  • @siddharthvaghela8470
    @siddharthvaghela8470 Před 2 lety

    This is the best figuring out episode, Shashank literally explained and shared so well about the approach

  • @thelastminutetrade
    @thelastminutetrade Před 2 lety

    भाई ऐशे बेटर इंटरव्यू के लिए thanks.
    हमारे बेहल्फ पे questions पूछने के लिए 🙏.
    बहुत ही मोटीवेशन और प्रैक्टिकल रेस्पॉन्स। 🇮🇳🇮🇳

  • @piyushbhatt.official
    @piyushbhatt.official Před 2 lety +2

    This is the first podcast where I was religiously making notes 😁...great work

  • @dhirajmahadik2893
    @dhirajmahadik2893 Před 2 lety +6

    this products is just amazing it will help those who want to learn entrepreneurship , how to start their own start up and even those who are learning English/communication skills.

  • @ShivaniSingh-mq4pv
    @ShivaniSingh-mq4pv Před 2 lety

    Valuable podcast.No one should miss it

  • @sahilgupta2626
    @sahilgupta2626 Před 2 lety +1

    Simply Amazed

  • @mrunalshastrakar5668
    @mrunalshastrakar5668 Před 2 lety

    what i experence watching your video is that you felt the most transparent person from channels that i subscribe ♥

  • @ayushheda1
    @ayushheda1 Před 2 lety

    Mind Blowing

  • @abhishekchoudhary3736
    @abhishekchoudhary3736 Před 2 lety

    Loved this podcast...

  • @dushyant734
    @dushyant734 Před 2 lety +6

    Hey raj mind-blowing content and the way you just keep going thats fab ❤️⚡

  • @DrDipakkumar
    @DrDipakkumar Před rokem

    Awesome episode with so much of learning and knowledge that Shashank has shared. thanks very much Raj for this podcast

  • @kamaleshpramanik7645
    @kamaleshpramanik7645 Před rokem

    Very informative interview ... Thank you very much.

  • @jake_runs_the_world
    @jake_runs_the_world Před 2 lety

    GENIUS

  • @gurjotsingh9988
    @gurjotsingh9988 Před 2 lety

    Amazing 👍

  • @vishwapriya_07
    @vishwapriya_07 Před 2 lety

    just addicted to your videos😄😄

  • @StoaHQ
    @StoaHQ Před 2 lety

    ‘SIP for Causes’ is such a brilliant idea. There are a lot of people in India who have the resources to do charity but cannot because of how unorganised the whole field is. Therefore, streamlining it does make sense.

  • @thelastminutetrade
    @thelastminutetrade Před 2 lety

    Indian fintech sector is booming.
    Great effort 🤑🤑

  • @gauranshjuneja8855
    @gauranshjuneja8855 Před 2 lety

    very insightful .

  • @eren-qu9uu
    @eren-qu9uu Před 2 lety +1

    u literally ask really interesting questions

  • @sushantshankar8477
    @sushantshankar8477 Před rokem

    Quality 💯👌

  • @sainisanju278
    @sainisanju278 Před 10 měsíci

    proud to have been part of this journey as an engineer

  • @manthankhamkar7086
    @manthankhamkar7086 Před 2 lety

    Most informative

  • @snigdhaanand5948
    @snigdhaanand5948 Před 2 lety +10

    your podcasts are addictive man! please bring more unicorn founders like those of groww,meesho,oyo,pharmeasy

    • @rajshamani
      @rajshamani  Před 2 lety +1

      Stay tuned for more such podcasts🔥

  • @hiteshdua3746
    @hiteshdua3746 Před 2 lety +24

    Raj, great podcasts! But don't put your success stories in the highlights. We are here for the guests :)

  • @nikhilgangal3551
    @nikhilgangal3551 Před 2 lety +2

    getting addicted to the podcasts super informative

  • @HarshitKumar-xy3zi
    @HarshitKumar-xy3zi Před 2 lety +2

    "it broke our heart but not our spirit 😌 "

  • @booksdumbbells
    @booksdumbbells Před 2 lety +1

    Razorpay is amazing product

  • @Modi_ji1
    @Modi_ji1 Před 2 lety +1

    Really helpful conversation

    • @rajshamani
      @rajshamani  Před 2 lety

      Glad you liked it. Stay tuned for more such content!

  • @manhardangar2758
    @manhardangar2758 Před 2 lety +3

    2:02 in mobile screen insta running

  • @BillionMoonshots
    @BillionMoonshots Před 2 lety +1

    Latest episode w/ Shashank Kumar, founder of Razorpay : czcams.com/video/NxkV0U1av_0/video.html

  • @chandan_bhujabal
    @chandan_bhujabal Před 2 lety +1

    Everyone says about cryptography and cryptocoin.... This is crazy market and it's is in like internet was is 90s.
    I left my med preparation halfway to learn code and it's really pain in my ass to dump the dream of becoming a doctor but I have to do it to revolutionize the space that i love which is medical science. I may not be a doctor but i may help thousands of patients by helping them with cryptography and metaverse.
    Thanks for sharing such podcast bhai.....

  • @attharva2973
    @attharva2973 Před 2 lety

    7:00 really important for me

  • @piroonoob8461
    @piroonoob8461 Před 2 lety +1

    MAKE A ANOTHER PODCAST WITH FOUNDER OF GROWW OR UPSTOX

  • @chirag8250
    @chirag8250 Před 2 lety

    what was his shopify product? did he mafe any video regarding that folks?

  • @ishtuddmohit007
    @ishtuddmohit007 Před 2 lety +1

    You are doing a good job with these podcasts.
    One suggestion though - don't ask these "Top 3 things" and other Koffee with Karan sort of questions. It is good to ask open-ended questions but these questions are too open-ended and don't add much value. The questions should be pointed.

  • @fitnesswithsavan
    @fitnesswithsavan Před 2 lety +2

    Dr vivek Bindra after watching this video : Bada business team lets focus on weekly growth of company

  • @successstar6331
    @successstar6331 Před 2 lety +1

    ❤️❤️❤️❤️

  • @redmaxgameryt7501
    @redmaxgameryt7501 Před rokem

    Shashank is from my school ...St Xavier patna ❣️

  • @stackingflow
    @stackingflow Před 2 lety

    Bring more founders

  • @abhimanyubharadwaj8116

    Pls upload video in 4k.

  • @KejriwalBhakt
    @KejriwalBhakt Před 2 lety +1

    I hope Razorpay become decacorn by the end of mid 2022

  • @intelligenttrader
    @intelligenttrader Před 2 lety

    Can you please help me out. My settlement money in razorpay has put on hold approx money was 1 lakh ruppes and i am not able to contact anyone please sir help me out. Reply me as soon as possible. 🙏
    Please beer bicep it was mehnat 🥺

  • @saaileyshchheda4124
    @saaileyshchheda4124 Před 2 lety +2

    Such interviews are very much inspiring and can change someone’s life.
    I am seeing that now you are started using RODE Bluetooth microphone, please remove bulky wired mics in front of you. They are irritating to watch.

  • @yashshah8188
    @yashshah8188 Před 2 lety

    Bro bring the real OG Ashneer Grover on your channel and have a talk, THAT MAY MAKE YOUR YT CAREER!!! as far as views are concerned, as always epic ep

  • @anuragsen3059
    @anuragsen3059 Před 2 lety

    Can someone please tell me what product was Raj selling that made him 30cr. (5:36)

  • @sankalpjain8046
    @sankalpjain8046 Před 2 lety

    They went to YC because they funded stripe. The expertise they bring on the table was a no brainer

  • @parthjethva3972
    @parthjethva3972 Před 2 lety +1

    Why host is giving his own interview?

  • @santhoshreddy6965
    @santhoshreddy6965 Před 2 lety +3

    Just want to know what business you started during mar 2020 which made you to achieve 30 crore revenue in 60 days.
    This actually helps..
    People who also want to know please like the button so that he may share his 0 to 30 crore business in 60 days.
    Timeline 5:30 minutes

    • @mrakshith6801
      @mrakshith6801 Před 2 lety +1

      I don't think it's a new business. He said he created an online store for his existing offline business which is Shamani Industries if I'm not wrong.

    • @deveshmishra3830
      @deveshmishra3830 Před 2 lety +1

      Hahahaha chutiya banane ka business tha.😂😂

    • @santhoshreddy6965
      @santhoshreddy6965 Před 2 lety

      @@mrakshith6801 that also just want to know how someone able to get 30cr revenue in 60 days that too in lockdown of March 2020

    • @nitesh8604
      @nitesh8604 Před 2 lety

      @@santhoshreddy6965 it's a cooked up story . ..unless and until it's software business u can't have 30 crore revenue in 60 days during lockdown

    • @santhoshreddy6965
      @santhoshreddy6965 Před 2 lety

      @@nitesh8604 yes that’s what I believe.. at that time only essentials were allowed and 30cr is not a joke.

  • @user-um2lr8th1j
    @user-um2lr8th1j Před 10 měsíci

    please make video in Hindi language sir
    Mai aap ki video dekhta hu but bahut sari cheeje upar se nikal jati hai aap Hindi oe english dono mix karke banya karo sir please

  • @ashutoshnayak6579
    @ashutoshnayak6579 Před 2 lety

    Call Nithin Kamanth next

  • @pramodkumarsahoo9805
    @pramodkumarsahoo9805 Před 2 lety +1

    Hindi ma video kigea Raj bhaiya

  • @navjeevankhatana524
    @navjeevankhatana524 Před 2 lety +1

    How do u noe shoring lambs she was my senior in school

  • @razatkushwaha
    @razatkushwaha Před 2 lety +1

    I wish, there'll be Elon Musk one day in front of you.

  • @dheenadayalan2482
    @dheenadayalan2482 Před 2 lety +1

    He sounds like Sundar pichai !!!

  • @Pawan070
    @Pawan070 Před 2 lety +1

    Please Hindi me bnao

  • @itsparas4259
    @itsparas4259 Před 2 lety

    These podcasts - interesting
    School- boaring

  • @somnathghadge6267
    @somnathghadge6267 Před rokem

    Hindi me banao sir

  • @Brodragon2225
    @Brodragon2225 Před rokem

    I don't know but in India Google and Paytm captured the real financial market firbhi log aaj kal fintech startup hi bana rahe hain chutiya kisko bana rahe pata nhi

  • @devrajdumbre31a32
    @devrajdumbre31a32 Před 2 lety

    😂Bhaie caption theek Karo youtube ka 0:35 sec bik hi nahi Raha ko bikini kardiya h salo ne 😂 #tharki utube 😂😂😂😂😂

  • @annapl1
    @annapl1 Před rokem

    worst customer service banging with these people for the past few days they have stopped my settlement no customer service number only mail contacts BETTER STAY AWAY

  • @thelastminutetrade
    @thelastminutetrade Před 2 lety

    भाई ऐशे बेटर इंटरव्यू के लिए thanks.
    हमारे बेहल्फ पे questions पूछने के लिए 🙏.
    बहुत ही मोटीवेशन और प्रैक्टिकल रेस्पॉन्स। 🇮🇳🇮🇳