The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 24 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Bhushan: Goyal and Majety will replace Tata and Reliance as role models
“I think, 50 years from now, we'll not talk about Reliance Starter. We'll probably talk about Dipinder and Harsha. I hope that happens, but they would be the next role model.”
Garg: Zomato can reach a $300B to $500B market cap
“Swiggy may exist, but Swiggy may be a, again, a very large company, a fifty, hundred billion dollar company, but Zomato can be a 304 105 hundred billion dollar company.”
Garg: Zomato will steal market share when Swiggy raises money this year
“They will have to go this year to raise money. And whenever that happens, Zomato will again take market share away.”
Bajaj: 2024 tech IPO wave proved venture liquidity in India
“24 of many IPOs happened. You know, we had Ola Electric go public. We had Five Star go public in 22. Many LPs saw a lot of liquidity, Swiggy, First Cry. All of these things are great for the market, right? So that changed the narrative that this time India is …”
Goyal: Indian founder ambition scales as ecosystem benchmarks like Swiggy emerge
“Now when a Swiggy goes public at a more than a ten billion dollar valuation, You will find people thinking much, much bigger than what they used to in the past. So I think just the bar of the ecosystem gradually changes, but I think we are progressing there ve…”
Zomato and Swiggy reported Chaayos retention is unheard of
“We hear from Zomato and Swiggy that the kind of repeat behaviors and retentions that we have for this business is pretty much unheard of in, in in any kind of delivery space.”
Aprameya: TaxiForSure could have become India's consolidated super-app
“We should have, as in we were the first ones to do hyperlocal stuff, right? So we could have done a Dunzo, we could have done a Swiggy, we could have done all the groceries, delivery startups, all that put into one company is valuable. Right? Like, in Southeas…”
Radhakrishna: Swiggy offers a better user experience than Careem or Grab
“The Swiggy experience is actually better than the Kareem experience or Grab experience.”
Scaled Organic Growth Is Impossible Without True Product-Market Fit
“No matter how build an organic lever you build, right? Unless you have true PMF. Like when I say true PMF, I don't mean your great retention numbers and all. For me, true retention is if I shut my product down today, will 25 people line out outside of my offic…”
Founders in their 40s must prove domain edge, unlike 20-somethings
“So, when you're looking at entrepreneurs in their twenties, it's about, you don't ask the question, why will you succeed, and others won't, because it doesn't make any sense, and it's this, I have the raw energy and the power, right? And the desire. In your fo…”
Khan: Founders who scale massive businesses do not take offense
“I think the biggest reason, and this may seem like an odd one, is that I feel people who build big businesses or people who are successful in life don't take offense. People who take offense, you know, or something has happened to me, those people get stuck in…”
Delivery workers are in as much demand as top Google tech talent
“Delivery boys, especially bikers are in hot demand. They are in as much demand as the best tech folks that join companies like Google.”
Akash Sinha: Swiggy, Zepto, Cred, and IRCTC are Cashfree customers
“Actually, Swiggy is already a customer. Exepto is a customer. Dunzo is a customer. So there's a lot of customers we have from Hyperloop industry. ICTC is one of the big names that work with us. We have someone like, you know, as I mentioned, Cred is one of the…”
Domkundwar: Restaurants need a Shopify-style platform to escape food delivery aggregators
“There is also an opportunity for a Shopify for the restaurant. So let's say Amazon aggregated all the smaller product sellers in Shopify said, well, if you wanted to really stand out and have your own brand, then you come to me and we all know what a phenomena…”
SAIF fully exited MakeMyTrip and secured secondary liquidity in Paytm and Swiggy
“So we exited all our stake in make my trip some time back. We had some secondary exit in Paytm. We had some in Swiggy.”
Reddy: Why Blume passed on Swiggy's predecessor Bundle
“Similarly with Swiggy, when I can't remember which two founders I met on the rooftop of UB, but they were selling more of a courier aggregator. It's called Bundle, which is the original name of the company. It's still used today. And I said, no, I don't think …”
Kushal Bhagia: Elevation's Mukul Arora is on 7-10 unicorn boards
“I think Mukul's track record even there is exceptionally good. I think he's on the board of some seven or 10 unicorns, first cry, swiggy an academy on this, the whole list of them”
Bajaj: Z47 passed on Swiggy due to a portfolio conflict
“Swiggy where, you know, he emailed us proactively, but we already had a competing investment.”
Siddhartha: India has over two million gig delivery workers across major platforms
“There are currently more than two million delivery boys in India across platforms like Swiggy, Zomato, Blinkit. Zepto. Big basket. 20 lakh delivery boys or girls.”
Cashfree CEO: We Built Stacked Modular Solutions for Swiggy and MPL
“And which we have done in our journey with likes of Swiggy or MPL, right? We have done such a stacking and giving them the solution, which exactly they are looking for.”
Venture-Backed B2C Unicorns Drove 80% of Exotel's Early Revenue
“70%, 80% of our revenues were still coming from. On the back of a venture capital enabled companies in the B to C space. So we were really supporting Flipkart and Ola, Uber and Swiggy and Zomato and all of these guys.”
Josh Talks co-founder lived with Swiggy delivery workers for product research
“When all of us are like sort of living here in Gurgaon, et cetera, in our apartments, he chooses to live where most of the swiggy delivery bhaiya stay in Sikandarpur. Because he just wants to be able to track their behavior day in and day out, actually work wi…”