Karthik Venkateswaran

Co-founder & CEO, Jumbotail · 1 appearance on the record.

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founderexecutiveoperatorLinkedIn ↗jumbotail.com ↗

Karthik Venkateswaran is the co-founder and CEO of Jumbotail, an Indian B2B marketplace and retail platform providing supply chain and fintech infrastructure to kirana stores. A former Indian Army Major, he later worked in product leadership roles at eBay and Flipkart.

6statements → 4claims → 2claims resolved → 4/5average certainty → 1.83/5average debate potential → 4said about them ↓

1 supported 0 partly supported 1 contradicted 2 not checkable as stated how the 4 claims stand · each chip opens the sources

1 prediction · 3 assertions · 1 opinion · 1 insight · every statement was checked. The prediction and assertions are the 4 claims: statements the public record can support or contradict. 2 are resolved, and 2 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 Karthik 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

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

Their most notable contradicted claim

Prediction Didn’t hold up
Jumbotail expects to surpass $250M scale by end of 2021
“We will be, by end of this year we would well cross two fifty million dollars scale”
Karthik Venkateswaran Apr 14, 2021 ▶ 24:13 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur

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 Karthik Venkateswaran on measured tape to publish a rate. This says nothing about how they speak.

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

Assertion Not checkable as stated
Venkateswaran: Jumbotail is operationally profitable in wholesale food and grocery
“Today, one of the, we operate under the lowest cost supply chains in the world. I would say that for food and grocery, we are an operationally profitable company for a wholesale food and grocery with such low gross margin profiles.”
Karthik Venkateswaran Apr 14, 2021 ▶ 13:53 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur
Prediction Didn’t hold up
Jumbotail expects to surpass $250M scale by end of 2021
“We will be, by end of this year we would well cross two fifty million dollars scale”
Karthik Venkateswaran Apr 14, 2021 ▶ 24:13 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur
Opinion
Venkateswaran: The B2C grocery delivery model cannot win in India
“The entire world was saying it is, you know, Groffers, Pepper Trap, Local Banya, Zopper, Zopnow. So everybody was going on B to C grocery, and Nexus had a conviction that grocery cannot be won in this model, and we had the same conviction too.”
Karthik Venkateswaran Apr 14, 2021 ▶ 32:37 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur
Insight
Venkateswaran: Engineers must build for underlying utility rather than specific use cases
“Build for utility, not for use case. Right? So break down the use case into underlying utilities and build for those utilities, then that can be mixed and matched, right?”
Karthik Venkateswaran Apr 14, 2021 ▶ 12:45 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur
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
Assertion Not checkable as stated
Jumbotail has over 50,000 retailers on its platform
“We are having over you know, 50,000 retailers on our platform”
Karthik Venkateswaran Apr 14, 2021 ▶ 23:42 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur

The other half of the tape: Karthik Venkateswaran's own voice is left out of every number here. Other people bring the name up 4 times in 1 episode on the Neon Show. every mention, with the transcript →

Who brings them up most Nansi (Nancy) 4

Every mention by year

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Appearances (1)

EpisodeDateSpeaking time
Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepr Apr 14, 2021 19m
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