
ScaleApp Podcasts with Prof Dan Isenberg
ScaleApp is chock full of content and interviews with successful scalers that will help you grow your company better. DO NOT LISTEN IF YOU ARE A STARTUP: ScaleApp is for growing ventures, not starting them. (But if you are a startup with serious growth aspirations, ScaleApp IS for you).
ScaleApp Podcasts with Prof Dan Isenberg
Episode 8 - Amazon and Ikea love Wify - Post-purchase service for big-brand sales in India
Vikram Sharma and Deepanshu Goel founded Wify in 2020 to solve a big e-commerce and in-store pain point facing the Ikeas and Amazons of the 1 billion plus population - Not used to self-assembling and self-installing furniture and appliances at home, Indian consumers simply bought less. Building on their experience in larger companies, Vikram and Deepanshu built a tech platform to connect consumers, brands, and their army of Wify-trained professionals. Today Wify seamlessly connects all three, increasing brand sales, customer satisfaction, and creating skill-development and career paths (and income) for previously low-skilled people.
WIth just $6 million in angel and VC financing, Wify will be scaling 10x in the coming 3-5 years, growing from 3000 to 30000 professionals and from $6 million to - well you can do the math.
Notables:
- "Do it faster, sooner. Don't wait to get it so perfect."
- Most of the world is NOT a DIY world, and although the Indian market is huge, they anticipate expaning to Africa, Latin America and other markets.
- India, once conservative and venture-leary, is changing, and it is easier to recruit top talent, raise capital, and generate shareholder liquidity.