BigBasket co-founder V.S. Sudhakar recalls the company's frugal office setup during its high-growth years.
Opinion
Sudhakar: India's major weakness is poor process orientation
“And if you really look at in an Indian context, one of the weaknesses we have as a country is our process orientation, right? Very poor process orientation.”
What-if
Sudhakar: UPI Adoption Would Not Have Happened Without Reliance Jio
“Without the UBI wouldn't have happened. A lot of things wouldn't have happened. I think it's a phenomenal change in technology landscape itself because of that.”
Insight
Sudhakar: Founders claiming success came purely from merit are fooling themselves
“Anybody who says, I've become successful purely on the basis of my merit alone, I think fooling themselves, because I think God has to be with you, and you have to have a lot of luck. Whether you call it luck, God, fate, whatever you want to call it, I think t…”
Disclosure
Sudhakar: All older BigBasket business lines are order-profitable before HQ costs
“See, the good thing is all our businesses, especially the older businesses make money on a, If you take that business, you know, per order, I mean, it makes money at a, other than corporate costs, right? Everybody makes money. All the older businesses. That's …”
What-if
Sudhakar: E-Commerce in India Would Not Have Boomed Without Jio
“I don't think e-commerce would have boomed as much as it has without that one big revolution that happened.”
Insight
Sudhakar: Walmart's Flipkart Acquisition Opened Floodgates for Indian Startups
“Flipkart-Walmart deal didn't, what it did was, I think it suddenly Open the gates to startups. Yeah. I think suddenly a lot of people said, wow, this is like big money.”