K. Ganesh
Co-Founder and Partner, GrowthStory. On 1 show, 1 appearance. The Shows tab opens the full record on each.
founderinvestorexecutiveauthor@ganeshk03 ↗LinkedIn ↗growthstory.in ↗
K. Ganesh is an Indian entrepreneur who built and exited ventures including IT&T, CustomerAsset, Marketics, and TutorVista. Through his venture-builder platform GrowthStory, he has co-promoted companies such as BigBasket, BlueStone, and HomeLane.
1shows
1appearances
26statements
10resolved
5supported
1contradicted
50%fully supported
24said about them ↓ Everything K. Ganesh said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Horizontal Giants Wipe Out Vertical Startups by Adding a Tab
“Then what will Flipkart and Amazon do? Wait till the category becomes large enough. Then they will open one more tab and you will be wiped out. And we have seen enough examples of that happening across fashion, across baby products.”
Noel Tata Rejected BigBasket, Claiming Nobody Buys Groceries Online
“We went and met Noel Tata at that time. Trent. So for this, he said, listen, people will buy books and all the stuff, grocery, nobody's going to buy online. That is, those are his words. So he rejected investing in our business because we are looking for this.…”
Doubtnut Declined a $150M Byju's Offer Before Selling for $10M
“And obviously you've heard all the stories about how they were offered one, fifty million by uses and acquisition. And finally they got sold for ten million and all that stuff”
Ganesh: Effort to Collect One Rupee Equals Collecting One Hundred Rupees
“The effort involved in collecting one rupee, I would argue the same as the effort involved in collecting hundred rupees.”
There Is No 'Twitter of India' Because Twitter Owns the Network
“Koo is a great product, great founders, ok. I would love to see them succeed, but there is no Twitter of India. Twitter of India is Twitter. Same thing with Facebook.”
Ganesh: Hyperlocal Sourcing Defends Online Grocery Against Horizontal Giants
“Grocery because there is a lot of local sourcing and it's more hyper local than a typical Amazon Flipkart, which is large warehouse national distribution.”
Ascent Capital's BigBasket Investment Returned More Than Its Entire Fund
“Rather, I mean, they returned more than the fund, and as it so happened, the infrastructure and other sectors went down. This is a, one of the best dream returns for a fund.”
Ganesh: Indian consumers pay for painkillers, not vitamins
“So core sectors, big pain points, follow the money, more like the cliche that, you know, people will pay in India for a painkillers rather than will they pay for vitamins or vitamin supplements.”
Education Is India's #2 Discretionary Spend, But #7 in the US
“In India, Next to grocery. I mean, house expenses are not considered. Assume you're living in house. Next to grocery, education is where the parents have the maximum propensity to spend their discretionary money on. Second, same thing in US. It is seventh prop…”
Americans Trade Money for Time; Indians Trade Time for Money
“There, I guess the behavior is different. Also they value time. They would, you know, they would rather trade money for time. Here we'll trade time for money.”
Quick Commerce Caught BigBasket's Leadership by Complete Surprise
“Both, ah, personally, as a professional or as a management, ah, thinker, ah, and as part of, ah, Big Basket, ah, shareholder, this has caught us by complete surprise.”
GrowthStory Takes a 50% Equity Stake at Founding
“Typically we take 50% stake and 50% is with the employee and the founders, and then we all dilute accordingly.”
Ganesh: Consumers Never Revert to Offline Buying After Experiencing Convenience
“Because when the consumer gets used to a certain convenience. He's not going to go back to buying offline. Okay. It's like asking you and me to go and stand in a train ticket counter to buy ticket. Ain't going to happen.”
Ganesh: Institutional Investors Bet on Operating Founders, Not Venture Promoters
“It's extremely important that the founders who actually run it have to be strong and they're betting on that founder. They're not betting on me. They trust me and it's one. The level of credibility higher, but they're betting on the founder.”
K. Ganesh: Being a First Mover Gives Room to Fail Without Incumbent Comparisons
“So all our businesses, the common theme has been, can I be the first mover? What it does is not for any other reason. It gives me a long rope to experiment to fail.”
Ganesh: GrowthStory focuses exclusively on core necessity sectors with direct monetization
“We stick to core sectors. Roti, Kapda, Makaan. Education, healthcare, and entertainment. That's, that those are the core sectors. So we choose for the sectors where people are willing to pay. We follow the money.”
Ganesh: New software and fintech companies must be built ground-up with Gen AI
“Today it has to be done with a Gen AI element. Core Gen AI, it has to be done in a reverse manner where we start with, Utilizing generative AI and machine learning to build grounds up companies in that space.”
70% of Private Tutoring Time Is Spent Clearing Doubts
“Almost 70% of the tuition time, personal tuition time that you send your kids to is for clearing doubts.”
Ganesh: Fewer Than 5% of Freemium Users Typically Monetize
“Typically less than five percent of the freemium users actually monetize.”
Ganesh: Quick commerce is here to stay permanently despite discount cuts
“Lot of it driven by discount, but that'll, that has been keeping on, will reduce. But this is a change in consumer behavior phenomena, which has been, which has caught lot of us by surprise. But now it's here to stay. There is no, no, this one, No, no, no ques…”
Ganesh: BigBasket co-founders previously operated 300 physical Trinetra grocery stores
“Hari Menon can take a bunch of rice in his hand and tell you what the quality is, because they ran actually 300 Trenetra stores, physical brick and mortar grocery stores.”
Ganesh: Ascent Capital broke its mandate to invest in BigBasket
“Ascent Capital is a private equity fund. They have never done a, written the first check. They have never written in a startup check. They have not done an e-commerce company, focused primarily on real estate and infrastructure, large later stage ticket sizes,…”
Ganesh: Tata owns 66% of BigBasket with 33% held by founders and investors
“Tata's now own 66% balance. 33% is held by us, by founders and by as I send capital a bit and much later stage investors.”
The other half of the tape: K. Ganesh's own voice is left out of every number here. Other people bring the name up 23 times in 4 episodes across the shows. 1 statement on the record names them. every mention, with the transcript →
Who brings them up most V.S. Sudhakar 10Siddhartha Ahluwalia 8Hari Menon 3Sameer Guglani 1Meena Ganesh 1
Statements about K. Ganesh, by other people (1)
Every mention by year
tap a year for its mentions
the Neon Show 23
2023 10 mentions in 1 episode
2022 12 mentions in 2 episodes 6 per episode
2021 1 mention in 1 episode
One line per show, most statements first. The link opens K.'s full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
| NEON SHOWLEDGER | Co-Founder and Partner, GrowthStory | 1 | 26 | 50% 5/10 | full record on the Neon Show → |