Micromax
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WTF is with Nikhil Kamath 11 
the a16z Podcast 1
Mentions by year, every show
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WTF is with Nikhil Kamath 11the a16z Podcast 1
2025 11 mentions in 1 episode
2019 1 mention in 1 episode
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8 statements about Micromax, every show
Sharma: Micromax revenue quickly surged to 100 crore rupees around 2003
“From three, four crore rupees annually. We started doing around hundred crore rupees in, you know, very quickly we scaled up.”
Sharma: Micromax Scaled to Selling 3 Million Phones per Month
“From selling 10,000 phones a month a month, we were selling three million phones a month.”
Sharma: Micromax Surpassed 25% Market Share in India at Peak
“So when we were doing a three million at that time, our market share was around 20 five percent plus plus.”
Sharma: Micromax was raising an $800M round in 2014
“At that time we were raising, what, around eight hundred million dollars round at that time.
[3076] Nikhil Kamath: This is in 2000?
[3078] Rahul Sharma: 14.
[3079] Rahul Sharma: And secondary.
[3080] Rahul Sharma: Most of it.”
Sharma: Micromax hired Nokia's top R&D team after Nokia sale
“When Nokia got sold, we had the, you know, we took all the top Nokia, they had the gold, you know, division. We got all gold guys from Nokia and doing the R&D at that time.”
Sharma: Micromax stopped burning capital and pivoted to manufacturing in 2019
“So we said, okay, let's stop burning money. And wait for your turn and start focusing on, on manufacturing. And that's how we started building more factories in 1920, 21 and now. And that's how we, you know, pivoted on the manufacturing game.”
Sharma: Micromax's current manufacturing revenue exceeds its peak smartphone brand revenue
“Today, our manufacturing is bigger than, you know, the revenue is way more bigger than what we used to do in our brand, which probably not most of the people will know. But we are doing way more better than what we used to do earlier.”