Shiprocket

14 statements across 2 episodes · 10 bullish · 2 bearish · 2 people on the record · first statement May 3, 2020 by Pankaj Makkar · said 45 times in 7 episodes since 2020 · across every show →

Mentions by year

brought up most by Siddhartha Ahluwalia (23), Saahil Goel (14), Arjun Sethi (3), Viral Bajaria (2), Varun Alagh (1), Abhishek Goenka (1)

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every mention, scene by scene, with the transcript →

Everything said about Shiprocket, oldest first

May 3, 2020 positive
Assertion Not checkable as stated
Eruditus and Shiprocket scaled into great businesses using very little capital
“One, you know, so a few companies on ours, but the one that kind of stands out is Eruditis, which is a company being run by Ashwin Damera and Chaitanya, and both the entrepreneurs have built a fantastic company with very little capital. Another company in our …”
Pankaj Makkar May 3, 2020 ▶ 24:24 Pankaj Makkar, Bertelsmann India Investments, on Investing in Growth Stage Startups
Mar 14, 2022 negative
Insight
Goel: Scaling operators will fail if put on early-stage experimental projects
“If you put a guy who's great at doing a hundred to thousand journey, And you put them on a minus one to zero, they'll, they'll fail, you know, because they, and vice versa, right? Because it just requires very different skill sets and very different kind of DN…”
Saahil Goel Mar 14, 2022 ▶ 59:04 How He Built A ₹7,000+ CRORE Logistics Tech Company! ft. Co-Founder of Shiprocket, Saahil Goel
Mar 14, 2022 positive
Assertion Not checkable as stated
Goel: Shiprocket saw over 150% cohort transaction retention by month six
“In terms of you know, volume retention or transaction retention that was again, something we had never seen. It was north of 150%, you know right. As early as like the sixth month into the cohort.”
Saahil Goel Mar 14, 2022 ▶ 16:40 How He Built A ₹7,000+ CRORE Logistics Tech Company! ft. Co-Founder of Shiprocket, Saahil Goel
Mar 14, 2022 positive
Assertion Not checkable as stated
Goel: Shiprocket reached net profitability in March 2019
“We actually turned net profitable in March of 2019.”
Saahil Goel Mar 14, 2022 ▶ 20:52 How He Built A ₹7,000+ CRORE Logistics Tech Company! ft. Co-Founder of Shiprocket, Saahil Goel
Mar 14, 2022 bullish
Assertion Supported
Goel: Shiprocket is processing over 7 million shipments per month
“When we crossed our first million shipments a month mark, it was not very far back. It was only two years ago. Or two and a half years ago. And, you know, it's today we are processing in excess of seven million shipments a month.”
Saahil Goel Mar 14, 2022 ▶ 30:17 How He Built A ₹7,000+ CRORE Logistics Tech Company! ft. Co-Founder of Shiprocket, Saahil Goel
Mar 14, 2022 negative
Insight
Goel: Never combine core business teams with experimental innovation teams
“One of the things I've learned is it's not a great idea to put like a growing franchise, you know, with a very different rhythm and focus with an experimental research oriented team in the same team, right? They need to be dedicated separate set of people even…”
Saahil Goel Mar 14, 2022 ▶ 54:05 How He Built A ₹7,000+ CRORE Logistics Tech Company! ft. Co-Founder of Shiprocket, Saahil Goel
Mar 14, 2022 positive
Disclosure
Goel: Deepinder Goyal wrote a personal angel check before Zomato invested
“DP put in an angel check at that time just to, just so we could be in touch and then post that as we started raising around, you know, and then I think things just transpired, you know, they just sort of one thing led to another. And they said like, we're happ…”
Saahil Goel Mar 14, 2022 ▶ 43:00 How He Built A ₹7,000+ CRORE Logistics Tech Company! ft. Co-Founder of Shiprocket, Saahil Goel
Mar 14, 2022 neutral
Disclosure
Goel: Shiprocket never had heavy negotiations in any funding rounds
“We've not had a lot of negotiation in any of our rounds, by the way, right? It's been quite straightforward in terms of structuring, quite straightforward in terms of you know, because like I said, we cared more about the color of the money always”
Saahil Goel Mar 14, 2022 ▶ 44:45 How He Built A ₹7,000+ CRORE Logistics Tech Company! ft. Co-Founder of Shiprocket, Saahil Goel
Mar 14, 2022
Assertion Not checkable as stated
Goel: Almost 40% of Shiprocket's transaction volume is entered manually
“A large part of our, almost 40% of our volume of our transactions actually punched in by hand, right?”
Saahil Goel Mar 14, 2022 ▶ 22:35 How He Built A ₹7,000+ CRORE Logistics Tech Company! ft. Co-Founder of Shiprocket, Saahil Goel
Mar 14, 2022 positive
Assertion Not checkable as stated
Goel: Shiprocket powers $2B GMV across nearly 70,000 monthly sellers
“Out of this market today, you know, we power about two billion dollars of GMV, right? Through this sort of direct commerce enablement channel. You know, we work with nearly 70,000 total sellers every month, right? About 150,000 sellers a year who are actively …”
Saahil Goel Mar 14, 2022 ▶ 19:45 How He Built A ₹7,000+ CRORE Logistics Tech Company! ft. Co-Founder of Shiprocket, Saahil Goel
Mar 14, 2022 positive
Assertion Not checkable as stated
Goel: Early Shiprocket leads converted at 20% to 25%
“Our leads were converting at 25%, 20% again, unheard of in a B to B business.”
Saahil Goel Mar 14, 2022 ▶ 15:57 How He Built A ₹7,000+ CRORE Logistics Tech Company! ft. Co-Founder of Shiprocket, Saahil Goel
Mar 14, 2022 positive
Insight
Goel: Experimental corporate innovation programs must have high failure rates
“Everything we do in those programs they're supposed to have a high death rate. Right. If they don't, then we're just not doing enough. Like we're not doing too many, we're taking, we're not taking enough risk in experimenting.”
Saahil Goel Mar 14, 2022 ▶ 58:16 How He Built A ₹7,000+ CRORE Logistics Tech Company! ft. Co-Founder of Shiprocket, Saahil Goel
Mar 14, 2022 positive
Assertion Not checkable as stated
Goel: 70% to 80% of early Shiprocket merchants onboarded fully self-service
“We were seeing self-service sign up, you know, almost like almost 70, 80% of the merchants, they were coming in, signing up, putting their address paying money into a wallet without a single human intervention, right? It was all happening in a few hours of the…”
Saahil Goel Mar 14, 2022 ▶ 15:34 How He Built A ₹7,000+ CRORE Logistics Tech Company! ft. Co-Founder of Shiprocket, Saahil Goel
Mar 14, 2022 positive
Assertion Not checkable as stated
Goel: Shiprocket generates over $100M in annualized revenue
“We make up north of a hundred million dollars in, in revenue at an annualized basis.”
Saahil Goel Mar 14, 2022 ▶ 20:35 How He Built A ₹7,000+ CRORE Logistics Tech Company! ft. Co-Founder of Shiprocket, Saahil Goel
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