Instabase
company on 3 shows · 9 statements across 3 episodes · said 20 times in 8 episodes since 2019
the MAD Podcast 14 
20VC 4 
the a16z Podcast 2
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- 20VC: Portfolio Construction, Optimising SPVs, Opportunity Investing "Between Rounds", Being Distribution-Centric Over Product-Centric and Capital Concentration Within Funds With Sumeet Gajri, Chief Strategy Officer @ Carta
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9 statements about Instabase, every show
Anant Bhardwaj: AI automation will fully replace legacy RPA
“The bet that we are taking is that AI will drive automation in a significant way. RPA would be fully eaten by AI automation, and the future is likely going to be more of decentralized, federated execution.”
Instabase tripled its revenue between 2021 and 2022
“We tripled our revenue that year, twenty-twenty-one to twenty-twenty-two.”
Bhardwaj: Automated systems process bank lending applications in under five seconds
“So now you can do lending in like less than five seconds. Rather than earlier, that would have taken several, several weeks.”
Bhardwaj: Enterprise AI clients prioritize predictability over baseline accuracy
“So I think in general what we have seen is enterprises are fine using AIs as long as we show them predictability. They don't care about, you know, 99% accuracy. You can be 90% accurate or even 80% accurate, But just tell us which 20% need to be reviewed or whi…”
Bhardwaj: Indian bank conducts entire lending process conversationally over WhatsApp
“I was working with a bank in India, and now given that AI is, has become reasonably reliable, they are offering entire lending over WhatsApp.”
Liu: Uber and Instabase use LlamaIndex for enterprise data applications
“We've seen people build these workflows at different settings from, for instance, like hacks on projects at startups building, for instance, like track GPT, like, plugin over, like, your Slack or your Notion all the way to kind of, like, bigger companies, for …”
Bhardwaj: Building loan processing apps typically takes over a year
“People spend, like, More than a year of engineering cycle to build these kind of applications.”
Bhardwaj: Instabase offers 40 applications across healthcare, finance, and higher ed
“There are, like, 40 different applications of different kinds. Some are used by universities, some are used by hospitals, some are used by insurance or banks or whatever.”
Instabase built its core from scratch to compile into a single binary
“The reason why we had to build all of those ourselves is because, ah, we had to run on-prem, or we had to run everywhere. So we could not use any other cloud stuff, but that also allowed us to kind of like rethink everything from scratch, which means that now …”