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

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

JLive Music

17 min
Business & Finance
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Description

<p>A 3-part podcast series, in partnership with OfBusiness, India&#39;s youngest profitable unicorn!</p> <p><br></p> <p>Background:</p> <ul> <li>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. </li> <li>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.</li> <li>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.</li> </ul> <p><br></p> <p>The first part of this series covers:</p> <ol> <li>How did the idea of OfBusiness evolve?</li> <li>Key pain areas/challenges that founders observed in the procurement sector?</li> <li>Composition of their founding team and complementary skill sets?</li> <li>Some of the challenges founders faced in the early stages, and the way they overcame them?</li> <li>Advice for the founders/B2B startups that are at the initial stages?</li> <li>Key milestones in the early growth of OfBusiness, and how did they navigate their first fundraising?</li> </ol> <p><br></p>

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