From Idea To UNICORN - Step by Step EXPLAINED ft. Razorpay Founder Shashank Kumar | FO16 Raj Shamani

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In this episode of Figuring Out, Raj Shamani talks with the Co-Founder of Razorpay, Shashank Kumar.

In 2013, India did not have a homegrown payments solution for small businesses while US-based PayPal was struggling with regulations. With a vision to simplify online payments in India, Shashank co-founded Razorpay in 2013 after working with Microsoft US as a software developer.

Razorpay is India’s first full-stack financial solutions company. They are on a mission to enhance the payment experience of over 300 million end consumers.

Razorpay has grown from being a payment gateway provider to a solutions-driven organization boasting of an extensive products suite to accept and disburse payments as well as raise capital and park money.

The company has powered digital payments for more than 1,000,000 small and large businesses such as Indigo, BSE, Reliance, Sony and Oyo, among others.

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Timestamps:

00:00 Intro
02:55 Razorpay Explained
03:40 How did Raj Find Out About Razorpay?
07:00 How to Contribute to the Growth of India?
27:25 How did they Get their Initial Customers?
39:05 Top 3 Things for Every Startup Founder
46:55 Why did YC Take them in?
49:45 Has their Vision Changed?
52:55 Top 3 Things for an Entrepreneur Outside the Organisation
59:55 Next Billion Dollar Opportunity
01:02:10 Outro

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My gear for shooting this video:

Canon EOS 200D II 24.1MP DSLR Camera: https://amzn.to/3GuiPFK
Canon EF50MM F/1.8 STM Lens: https://amzn.to/3WZOSoi
Canon EF-S 18-55mm f/3.5-5.6: https://amzn.to/3ZpKBMy
Yunteng Aluminium Tripod (Vct-690, Black): https://amzn.to/3ItEzV0
Zoom H6 All Black (2020 Version): https://amzn.to/3irUCIf
Shure SM7B Cardioid Vocal Dynamic Microphone: https://amzn.to/3GPimiM
Shure MV7 USB Podcast Microphone: https://amzn.to/3Xjy63d
GODOX SL150II 150W LED Video Light: https://amzn.to/3XeN0aL

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About Raj Shamani
Raj Shamani is an Entrepreneur at heart that explains his expertise in Business Content Creation & Public Speaking. He has delivered 200+ speeches in 26+ countries. Besides that, Raj is also an Angel Investor interested in crazy minds who are creating a sensation in the Fintech, FMCG, & passion economy space.

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About Figuring Out
Figuring Out Podcast is a Candid Conversations University where Raj Shamani brings raw conversations with the Top 1% in India.