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Ashish Jhina

Co-Founder and COO, Jumbotail · 1 appearance on the record.

computed by AI from the episodes · how this works → · full disclaimer →

founderexecutiveoperatorjumbotail.com ↗

Ashish Jhina is the co-founder and COO of Jumbotail, a B2B e-commerce and retail platform for mom-and-pop grocery stores. An alumnus of IIT Delhi and Stanford GSB, he previously worked at Boston Consulting Group.

11statements → 6claims → 2claims resolved → 3.91/5average certainty → 1.91/5average debate potential → 1said about them ↓

1 supported 0 partly supported 1 contradicted 4 not checkable as stated how the 6 claims stand · each chip opens the sources

2 predictions · 4 assertions · 3 insights · 2 disclosures · every statement was checked. The predictions and assertions are the 6 claims: statements the public record can support or contradict. 2 are resolved, and 4 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Ashish argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable supported claim

Prediction Held up
Jhina: Indian food staples will increasingly become processed as GDP rises
“As, you know, GDP per capita goes up, as the country becomes richer, more and more staples will become, you know, processed, et cetera.”
Ashish Jhina Apr 14, 2021 ▶ 34:34 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur

Their most notable contradicted claim

Prediction Didn’t hold up
Jhina: Jumbotail will build a $7B-$10B business in five years
“And now we're, you know, looking at expanding, you know, three, four X you know, over this year and over the next five years building a, you know, seven to ten billion dollar business because of the fact that, you know, the model is replicable.”
Ashish Jhina Apr 14, 2021 ▶ 21:49 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur

Expressed certainty vs assessment result

none yet certainty 1
none yet certainty 2
0% certainty 3
100% certainty 4
none yet certainty 5

weighted support: a fully supported claim counts one, a partly supported claim counts half. Each filled bar is clickable and opens exactly those claims; "none yet" means nothing said at that certainty level has resolved yet

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Ashish Jhina on measured tape to publish a rate. This says nothing about how they speak.

Everything Ashish Jhina said on the Neon Show that made the record, most notable first. Filter by type, assessment or year in the ledger →

Prediction Didn’t hold up
Jhina: Jumbotail will build a $7B-$10B business in five years
“And now we're, you know, looking at expanding, you know, three, four X you know, over this year and over the next five years building a, you know, seven to ten billion dollar business because of the fact that, you know, the model is replicable.”
Ashish Jhina Apr 14, 2021 ▶ 21:49 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur
Insight
Ashish Jhina: Competitors educating Kiranas makes market share capture easier for Jumbotail
“Wherever other platforms have done that job, it's actually easier for us to go and, ah, you know, actually take on, ah, you know, more share, ah, because we've, you know, somebody else has done the hard job of actually educating the retailer and, you know, get…”
Ashish Jhina Apr 14, 2021 ▶ 25:40 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur
Insight
Jhina: Agri supply chain issues are best solved working backwards from demand
“Karthik's a lot smarter than I am. He figured out very early on that, you know, starting on the supply side is probably not a great idea. I went around, you know, I tried a lot of different things in that year and a half, you know, looked at food processing, s…”
Ashish Jhina Apr 14, 2021 ▶ 7:18 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur
Insight
Jhina: Producing without demand visibility drives India's food supply issues
“Agriculture is one, or food is one of the few industries in, in this country where, you know production happens without necessarily knowing what demand exists. And that's actually a root of a lot of the issues.”
Ashish Jhina Apr 14, 2021 ▶ 7:38 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur
Assertion Not checkable as stated
Jhina: 100% of Jumbotail orders are placed directly via its app
“We don't have a large sales force on the ground. In fact, you know a hundred percent of our orders actually come, come through the app with the retailers going and, you know, ordering themselves.”
Ashish Jhina Apr 14, 2021 ▶ 20:26 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur
Assertion Not checkable as stated
Jhina: Jumbotail's customer acquisition cost is under $2
“CAC is, you know, less than two dollars. We are operationally profitable, so, you know, we don't end up spending a lot of capital.”
Ashish Jhina Apr 14, 2021 ▶ 22:34 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur
Assertion Not checkable as stated
Ashish Jhina: Typical Kirana stores deal with 100 to 125 suppliers
“The Kirana store, you know, on a typical basis actually deals with over a hundred to a 125 different suppliers today.”
Ashish Jhina Apr 14, 2021 ▶ 24:46 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur
Prediction Held up
Jhina: Indian food staples will increasingly become processed as GDP rises
“As, you know, GDP per capita goes up, as the country becomes richer, more and more staples will become, you know, processed, et cetera.”
Ashish Jhina Apr 14, 2021 ▶ 34:34 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur
Disclosure
Jhina: Jumbotail has raised $54M total, including $25M recently
“You know, with the, we, you know, we've companies raised about fifty four million dollars over the history of this company. 25 of that has come over the last you know, three months.”
Ashish Jhina Apr 14, 2021 ▶ 21:34 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur
Assertion Not checkable as stated
Jhina: Jumbotail processes over 1M deliveries annually
“It throughputs, you know, more than a million deliveries every year and all without you know, all, all based on an in-house platform that we've built today that allows when we start a new city, we can do it in the order of a few weeks, right?”
Ashish Jhina Apr 14, 2021 ▶ 23:01 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur
Disclosure
Jumbotail raised seed funding without a pitch deck or financial model
“And we raised this money without even having a, You know, having a PowerPoint presentation or a model. I mean, it was just, you know, on the back of a conviction about, you know, a business in the way that we believe that it was.”
Ashish Jhina Apr 14, 2021 ▶ 27:58 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur

The other half of the tape: Ashish Jhina's own voice is left out of every number here. 1 statement on the record names them. every mention, with the transcript →

Statements about Ashish Jhina, by other people (1)

Assertion Supported
Venkateswaran: Ashish Jhina Led the BCG Project Underlying India's Aadhaar System
“The project, you know, that he worked on actually changed the biometric identification system in India and served as a base for, you know, what eventually turned out to be Aadhaar. And he has worked on, you know, in the first, you know, million enrollments tha…”
Karthik Venkateswaran Apr 14, 2021 ▶ 40:34 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur

Appearances (1)

EpisodeDateSpeaking time
Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepr Apr 14, 2021 17m
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