Rahm Shastry, DriveU - Building a Multi-Million Dollar Profitable Startup in India

Millionaire Mondays by Backstage with Millionaires

Rahm Shastry is a serial entrepreneur from Bengaluru and the Silicon Valley. He is also an active angel investor who helps companies with his vision and business strategies.

He talks about his journey, DriveU's growth, his exit form TaxiForSure, and unit economics.

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On today's episode:

00:00 Intro

00:52 DriveU's background

02:23 Who is Rahm Shastry?

03:23 A life changing advice

05:07 Entrepreneurial journey

08:50 The network effect

09:07 How did TaxiForSure happen?

10:23 What kind of investor is Rahm?

11:09 Cab situation back then

12:44 TaxiForSure VS Ola

13:23 DriveU's beginning

15:56 DriveU's journey

18:10 VC's toxic culture

20:07 DriveU's first investment

22:23 Unit economics

24:08 Smooth sailing?

25:57 A near-death experience

27:33 Genius move

28:16 Pivot point

29:46 DriveU's efforts for it's drivers

32:05 Covid consequences & tackle points

37:00 Unicorn culture

42:39 Outro

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Links-

Merch: https://merchter.com/stores/backstage-with-millionairesPodcast on Ola Electric and Bhavish Aggarwal: https://youtu.be/GyAdwp0OhR8Twitter: https://twitter.com/bwmillionaires/ LinkedIn: https://www.linkedin.com/company/backstagewithmillionaires/ Instagram: https://www.instagram.com/backstagewithmillionaires/ Audio Podcast: https://anchor.fm/bwmillionaires

Enjoy the content! ;)

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