Everything Abdul Nasar (Nachika) said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Nachika: Founders chose potential shutdown over taking interest-bearing debt
“Then we decided to, if it closed, let it close. We don't want to take interest.”
Nachika: Unhygienic third-party batter packets sparked the idea for iD Fresh
“We used to sell around five, five, six packet per week, every week. But customer started asking the hygiene, the manufacturing date. There was nothing in the pack.”
Nachika: iD Fresh began with a 50,000-rupee initial trial investment
“So initially we have invested only 50,000 rupees in the trial and error time.”
Nachika: Traded free batter for recipes from street-vendor grandmas for six months
“Initial days, you know, it was a, there was no result at all. Then once we started discussing with street vendors, what I offered them, if you can give the, your recipe, I can give you the better. Freely. Then they started giving their recipe. That was also no…”
Nachika: iD Fresh launched batter at a premium ₹20 over market's ₹15
“When people were selling 15 rupees, 16 rupees better, our price was 20 rupees. When we started with 20 every day.”
Nasar: Designed 100,000-square-foot Bangalore plant without external consultants
“So actually, when I say I have, I did my best, for example, the Bangalore plant, I did the biggest plant. It's almost one lakh square feet manufacturing center. There is no proper consultant for that plant. We, myself, I have done the layout. As per the layout…”
Nachika: Left his village for Bangalore at 19 with only 100 rupees
“I had only a hundred rupees in my hand.”
Nachika: Early veg stall failed because supermarket staff ate inventory overnight
“The staff over there, you know, they used to eat all the fruits after we close the store, and, ah, there was a huge shortage of product in the next day of the morning... So, there was a huge loss, and we decided to close the store.”
Nachika: First tea stall required selling 14 liters of milk to break even
“Meanwhile, I managed to get a small store in the market. It was 80 rupees rent per day. That was a huge rent by the time. It was very huge. In, it was in 1996. So, we started T-Start there. Initially, if you want to get the breakeven, we have to sell minimum 1…”
Nachika: Early tea stall charged a 33% premium over competitors
“The one tea was two rupees. So the surrounding area all the tea stalls, you know, they sell at one 50, but we sell at two rupees.”