1/ There are few companies that fundamentally change consumer behavior.

@Flipkart re-defined how we shop. @zomato changed the way we ate. @Olacabs did so with how we commute. However, the most significant shift was to the way we transacted.

@Paytm pioneered digital payments.
2/ @vijayshekhar is an unconventional entrepreneur who proved that heart and effort can take you to dizzying heights of success and glory. He has become iconic to Indian #entrepreneurship.
3/ PayTM started as One97 Communications Limited in 2000. For years they offered mobile content, messaging, commerce services, and made-to-order network applications and became India’s leading Mobile Value Added Service Company.
4/ In 2010, Vijay Shekhar Sharma recognized the potential to work on commerce transactions and made the pivot into PayTM.
5/ Initially pivoting into a mobile recharge and bill payments company, PayTM is now a full-stack digital payments platform with over 150 million monthly active users and over 1.2 billion payment transactions processed on the platform.
6/ Spurred by demonetization in 2016, PayTM was at the forefront to serve a primarily cashless society that had to adopt digital payments for the first time. Strong first-principles thinking and visionary #leadership from the top led to their incredible success.
7/ PayTM's IPO made me reflect on the maturity of our ecosystem over the last decade and how much we have to be proud of.

Congratulations Vijay Shekhar Sharma on this incredible milestone. You have paved the path for several entrepreneurs and companies emerging out of India.
8/ As we see more startup IPOs, we will see greater confidence in the #India opportunity.

This will be the decade of Indian startups.

#Fintech #Startups #Payments #PaytmIPO

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More from @VaniKola

10 Nov
1/ Life indeed comes to a full circle, and the Maharaja is back home!

Airlines is a tough #business. I hope the recent acquisition of Air India by Tata Group brings back the glorious days of the airline.
2/ There was a time when Air India's in-flight service was among the best in the world.

The government, though, for years had been trying to sell the airline, which had racked up losses worth $9.5bn.
3/ This year, my family and I had planned our travel at various times from Bengaluru to San Francisco non-stop via Air India flight. Most frustrating. They canceled on us twice with just 1 day's notice.
Read 7 tweets
9 Nov
1/ E-Sports to make a debut in Asian Games 2022 with 8 medal events!

The #ESports industry in India is expected to grow at 46% CAGR over the next four years & cross 1.5 million players, 85 million viewers, 20+ broadcasters while reaching INR 11 billion in market size. Image
2/ Advertisements, Content Creation, Tournament Organizers, and Publishers will be the key to defining the evolving landscape of E-Sports in India.
3/ For the industry to grow, we will require very robust infrastructure solutions to handle the massively growing audience, whether it is managing the upcoming talent, democratizing tournaments or simply helping viewers stream matches.
Read 4 tweets
13 Jul
The total global market cap of cryptocurrencies has witnessed unprecedented growth over the last year, currently standing at $1.6T.

Decentralized Finance has been an area of focus, attracting over $65B in Total Value Locked, driven by Lending Protocols & Decentralized Exchanges.
As part of the #DeepTech thesis at @Kalaari, we have been actively tracking the growth of this nascent ecosystem, with a genuine belief in its ability to change the way the world's finances are managed.
Now in the infancy of India's #DeFi movement, we intend to co-create with entrepreneurs & play a key role in driving the DeFi ecosystem over the coming years.

If you are envisioning & building a DeFi startup, we would love to hear from you.
Read 4 tweets
11 Jun
If you want to be an entrepreneur, you have to embrace crisis.

Yes, you read that right. In any entrepreneur's life, every day is a bit of a #crisis. Things go wrong, people misunderstand, conflicts occur — crisis is a constant companion.
Most #entrepreneurs learn to "deal with the crisis" over time. I don't think it's enough to treat crisis as unavoidable & hence reluctantly deal with it.

To be successful, we need to proactively embrace crisis & excel at dealing with it.
- Crisis can present opportunities
- It can enable the next generation of leaders to emerge
- It can inspire new ideas & solutions for problems that might not have otherwise been attempted
- Each crisis changes the way you do business
Read 4 tweets
9 Jun
जब तक सांस तब तक आस, they say in Hindi.

Roughly translating to "till there's life, there's hope". In my life, I've thought of it more like, "till there's work, there's hope." (1/6)
Because in our paths, disappointments will be plenty - Investors who don't understand the vision, employees who don't share your drive, friends who think you've very high expectations, customers who aren't ready yet - none of this your fault, but all of it inevitable. (2/6)
To be a successful entrepreneur, to build something that doesn't exist yet, you need to accept (even expect) finite disappointment without ever losing infinite hope.

Here are some ways to do it. (3/6)
Read 6 tweets
9 Jun
Alexander's last 3 wishes. A thread.
Alexander had created one of the largest empires in history by the age of 30, stretching from Greece to northwestern #India.

He was undefeated in battle and is widely considered as one of history's most successful military commanders.
Once he was returning home after conquering many kingdoms. On his way back, he fell ill. Physicians tried their best to cure him but couldn't, which resulted in his death at age 32.

Legend says these were Alexander's last 3 wishes. Over 2300 yrs later these are still applicable.
Read 7 tweets

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