Fynd

includes Fynd App

7 statements across 3 episodes · 3 bullish · 0 bearish · 3 people on the record · first statement Jun 1, 2020 by Anand Chandrasekaran · said 27 times in 4 episodes since 2020 · across every show →

Mentions by year, the whole family

brought up most by Siddhartha Ahluwalia (15), Farooq Adam (9), Kushal Bhagia (2), Aneesh Reddy (1)

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every mention, scene by scene, with the transcript →

Everything said about Fynd, oldest first

Jun 1, 2020 positive
Assertion Supported
Chandrasekaran: Fynd exited to Reliance for around $50M to $60M
“And for, I think it was like, around like a 50, sixty million dollar exit. And so, you know, all the investors did pretty well.”
Anand Chandrasekaran Jun 1, 2020 ▶ 25:01 Inside the mind of Anand Chandrasekaran, on building 5 products with 10m+ users and angel investing
Jun 28, 2021
Assertion Supported
Adam: Google invested $7 million in Fynd's $10 million funding round
“So Google, I think the round was 10, was total ten million dollars in which Google contributed seven million dollars. And the remaining came a mix of between ProRata and some other family offices also joining the round.”
Farooq Adam Jun 28, 2021 ▶ 39:29 Journey of Reliance acquiring Fynd, with Founder, Farooq Adam | 100x Entrepreneur Podcast
Jun 28, 2021 positive
Insight
Adam: Reliance wins markets by deploying at unmatchable, competitor-crushing scale
“You are going to win by deploying at scale. You launch at such a large scale that there is no one who can then kind of even come in compete with you. And this is what, you know, really Distinguishes, you know the reliance way of doing things as compared to any…”
Farooq Adam Jun 28, 2021 ▶ 49:52 Journey of Reliance acquiring Fynd, with Founder, Farooq Adam | 100x Entrepreneur Podcast
Jun 28, 2021
Disclosure
Adam: Fynd founders retained 16 percent equity following mid-2019 Reliance buyout
“Towards the, First half of 2019, first quarter, first month of 2019, we got a term sheet from then and mid mid 2019, I think August first or July 30th the deal was kind of completed. We still own, own large part of the company, the past founders and employees.…”
Farooq Adam Jun 28, 2021 ▶ 50:31 Journey of Reliance acquiring Fynd, with Founder, Farooq Adam | 100x Entrepreneur Podcast
Jun 28, 2021 neutral
Insight
Adam: Post-delivery NPS scores plummet because mostly dissatisfied customers respond
“So if you start collecting NPS after the order is placed, people will rate you really high. And if you collect NPS after the order is delivered invariably something would have gone wrong, right? So you will get rated low and fill rate of the order NPS is also …”
Farooq Adam Jun 28, 2021 ▶ 32:40 Journey of Reliance acquiring Fynd, with Founder, Farooq Adam | 100x Entrepreneur Podcast
Jun 28, 2021
Disclosure
Adam: Reliance priced the Fynd acquisition at 20 percent over previous valuation
“That's correct. I think the numbers, I don't think there was any, nothing wrong in the numbers. The way they went about doing the deal was whatever is your previous round. We will give an 18 or 20% bump because anyway, that money is going to go to the investor…”
Farooq Adam Jun 28, 2021 ▶ 51:30 Journey of Reliance acquiring Fynd, with Founder, Farooq Adam | 100x Entrepreneur Podcast
Nov 1, 2021 positive
Assertion Supported
Powai Lake Ventures backed Ola, Housing.com, Toppr, and Fynd
“Gagan there used to run Pawai Lake Ventures, which was like this, you know, network of founder angels from IIT Bombay who were reinvesting in founders that graduated from IIT Bombay. And that really worked. They ended up backing, you know, Ola, Housing, Topper…”
Kushal Bhagia Nov 1, 2021 ▶ 3:03 ​@firstcheque7252 CEO on Early Stage Investing and investments from founders ft. Kushal Bhagia
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