The Rise of Earnicorns: Sustainable Success in the Indian Startup Ecosystem with Prof Dhruv Nath | Ep 200
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The Mohua Show is a weekly podcast about everything from business, technology to art and lifestyle, But done and spoken ईमानदारी से
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Mohua Chinappa: https://www.linkedin.com/in/mohua-chinappa/
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Professor Dhruv Nath: https://www.linkedin.com/in/dhruvnathprof/
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Book Link
The Earnicorns: Stories of Rare Profitable Unicorns: https://amzn.in/d/8rUj8N6
Episode Summary:
In this insightful episode, we have the privilege of hosting Professor Dhruv Nath, a prolific author, angel investor, startup mentor, and Director with Lead Angels Network. Formerly a Professor at MDI, Gurgaon, and Senior Vice President at NIIT Ltd., Prof. Nath has consulted with top management at companies like Glaxo, Gillette, Nestle, and Bajaj Auto, as well as leaders like the Prime Minister of Namibia and the Chief Minister of Delhi.
Prof. Nath, a bestselling author, introduces a groundbreaking concept in his latest book, The Earnicorns, where he redefines the Indian startup ecosystem by focusing on unicorns that prioritize profitability. Drawing from his extensive experience as an angel investor, he explores the success stories of four Indian unicorns that defied the odds to become profitable, despite the challenges that many others face.
We explore the mindset and strategies that drive these companies, highlighting the importance of a persistent business approach and a perfect attitude. Through insightful case studies of prolific B2C and B2B companies like Zoho, Zerodha, Naukri.com and Dream11, we uncover the key aspects that make a company an Earnicorn.
We also discuss the evolving role of investors and VCs in the Indian startup ecosystem, offering valuable advice for both founders and investors. Whether you're a startup founder, investor, or simply interested in the future of Indian startups, this episode provides practical insights and inspiring stories that showcase what it takes to build sustainable, profitable businesses.
Chapters:
00:00 - Introduction
02:53 - Inspiration Behind Writing The Book
06:00 - Key Aspects to Become an Earnicorn
08:43 - The Perfect Attitude: Key to Long-Term Success
17:23 - Evolving Roles of Investors Towards Indian StartUps
23:50 - Why Unicorns Fail?
31:05 - Lessons from Earnicorns in Driving Sustainable Growth
32:37 - Evaluating Upcoming IPOS in the Indian Stock Market
35:10 - More Unicorns in The Future
39:17 - Insights From The Book
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