Prime Venture Partners Podcast

#53 Sanjeev Bikhchandani, Co-Founder Naukri (Infoedge Group), on Customers, Innovation & Entrepreneurship (Repost)

Prime Venture Partners: Early Stage VC Fund Season 1 Episode 53

Happy New Year. Reposting a gem from 2020.

Sanjeev Bikhchandani Co-Founder and Vice Chairman of Naukri chats with Amit Somani , Managing Partner Prime Venture Partners .

In this conversation, they discuss raising funds, customer insights, capital efficiency and international competition.

Sanjeev Bikhchandani is the Co-Founder and the Vice Chairman of Info Edge, the owner of Naukri.com India’s largest job portal. He was recently named as one of the recipients of the Padma Shri award.

Info Edge also owns web sites like Jeevansathi.com , 99acres.com , Brijj.com , Naukrigulf.com , Shiksha.com , Quadrangle and Firstnaukri.com

Listen to the podcast to learn about

1:20 - Capital efficiency & building Naurki.com

4:45 - How entrepreneurs can increase their odds of not being beaten by money

7:00 - Customer insights that led to formation of Naukri & Zomato

12:00  - Crowdsourcing customer feedback in real time

14:00 - How naukri built a virtuous circle as a moat

16:44 - Customer-led innovation Vs Competition-led Innovation

18:30 - Why Indian Businesses need Feet on the street

24:20 - Why customer’s money is more important than investor’s money

You can read the complete transcript here

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