Z47
December 1, 2021

Executive coach: what role do they play in a company’s success?

Here's #AMatrixMoment with our take on the role of an executive coach, tune in to find out.

Salonie:

What is the role of an executive coach and would you recommend that early-stage founders work with one?

Avnish:

i think there is a role and i think in india we really underestimate the importance of these things.

i think our founders have not yet fully internalized how much coaches can help. We had in another discussion we were talking about the different stages of an entrepreneur and how you go from hacking in the jungle to flying a plane and how it’s difficult. See the reality is, by the way, this is only relevant post-product-market fit for companies and when companies are thinking about scaling. See the reality is i think being a founder is almost always wartime and therefore all founders including myself have generally worn it as a badge of honor, right. But at some stages when you’re trying to scale a company you do need to think like a peacetime.

So if you are not that person- we had discussed there was another A Matrix Moment we did. Should we get a CEO, don’t get a CEO, get a coach, get a peace time coach and look at we should include a link to this book of called Trillion-Dollar Coach which is about Bill Campbell. Eric Schmidt had a coach. Larry & Sergey of Google got Eric Schmidt as a coach, then he got a coach which was Bill Campbell. Steve Jobs had a coach, so i mean if these guys who are the ultimate and notice all of them are wartime founders. So, if these guys can have it you know why not, why not us.

So, i think i think it is very important. i think it complements our wartime founder with a peace time kind of a persona which is great for the organization, but i also believe that the coach should not be just a "gyani’’, right? Should not be somebody just giving advice. There should be some accountability and i would love to see coaches who actually come on the boards of companies, like Bill Campbell and he was, he took accountability for some decisions so i think it would be great to actually have a coach who is different than just a concept of a mentor and is involved in the business, is involved in the decision making, takes some kind of joint responsibility not necessarily to the board but at least morally on the success of the founder and the company.

Salonie:

Got it

Salonie:

Thanks for tuning in. For more Matrix Moments episodes, you can head to www.matrixpartners.in/blog. You can also follow us on Twitter, Linkedin, and YouTube for more updates.

For more information, write to us: namaste@Z47.com.
Stay connected with Z47.

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December 1, 2021

Executive coach: what role do they play in a company’s success?

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Here's #AMatrixMoment with our take on the role of an executive coach, tune in to find out.

Salonie:

What is the role of an executive coach and would you recommend that early-stage founders work with one?

Avnish:

i think there is a role and i think in india we really underestimate the importance of these things.

i think our founders have not yet fully internalized how much coaches can help. We had in another discussion we were talking about the different stages of an entrepreneur and how you go from hacking in the jungle to flying a plane and how it’s difficult. See the reality is, by the way, this is only relevant post-product-market fit for companies and when companies are thinking about scaling. See the reality is i think being a founder is almost always wartime and therefore all founders including myself have generally worn it as a badge of honor, right. But at some stages when you’re trying to scale a company you do need to think like a peacetime.

So if you are not that person- we had discussed there was another A Matrix Moment we did. Should we get a CEO, don’t get a CEO, get a coach, get a peace time coach and look at we should include a link to this book of called Trillion-Dollar Coach which is about Bill Campbell. Eric Schmidt had a coach. Larry & Sergey of Google got Eric Schmidt as a coach, then he got a coach which was Bill Campbell. Steve Jobs had a coach, so i mean if these guys who are the ultimate and notice all of them are wartime founders. So, if these guys can have it you know why not, why not us.

So, i think i think it is very important. i think it complements our wartime founder with a peace time kind of a persona which is great for the organization, but i also believe that the coach should not be just a "gyani’’, right? Should not be somebody just giving advice. There should be some accountability and i would love to see coaches who actually come on the boards of companies, like Bill Campbell and he was, he took accountability for some decisions so i think it would be great to actually have a coach who is different than just a concept of a mentor and is involved in the business, is involved in the decision making, takes some kind of joint responsibility not necessarily to the board but at least morally on the success of the founder and the company.

Salonie:

Got it

Salonie:

Thanks for tuning in. For more Matrix Moments episodes, you can head to www.matrixpartners.in/blog. You can also follow us on Twitter, Linkedin, and YouTube for more updates.

We are excited about the innovation and growth opportunities in this sector.

If you are considering building in the footwear space, we’d love to chat.
Drop us a line at consumer@matrixpartners.in

Learnt something new? Follow us!

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Index Performance

+28.1%
Since Jan 2024
NIFTY 500
+19.0%
Since Jan 2024

Z47^fortyseven is up +23.9% since its January 2024 base date, versus Nifty 500's +18.4%, ahead by 550 bps.

The cohort moved +4.7% over the month versus Nifty 500's +2.5%, leading by 220 bps.

Anchored in domestic demand and rising digital adoption, the cohort remained resilient amid global headwinds.

Consumer Tech was the best-performing sector at +9.2% last month, driven by sustained growth in consumer demand and strength in consumer-internet platforms.

Largest Constituents  ·  The Names That Anchor The Index

1.
Eternal
Quick-commerce leadership and continued investment
▲ +12.8%
2.
Groww
Broking market-share gains and margin-funding growth.
▲ +10.4%
3.
Lenskart
Store densification and margin expansion.
▲ +2.4%

Top Gainers  ·  Key Drivers

1 MONTH RETURN
1.
CarTrade
Auto-marketplace dominance and a cash-rich balance sheet.
▲ +59.4%
2.
 Amagi Media Labs
Profitability turnaround and AI-led cloud media adoption.
▲ +31.4%

Top Laggards  ·  Key Drivers

1 MONTH RETURN
1.
Fractal Analytics
Enterprise AI spending trends and post-listing share supply.
▼ -10.8%
2.
MedPlus Health
Pharmacy-margin pressure and competitive intensity.
▼ -6.6%

Key Themes  ·  Latest Results

In Q4FY26, Z47^fortyseven's cohort grew top line ~39% YoY, more than 3x the broad market's ~12% growth.

Operating leverage lifted net margins around 500 bps into positive territory, even as broad-market net margins remained roughly flat.

With 40 of 47 companies now profitable, the cohort reflects a broader shift toward profitable growth over growth at any cost.

AI adoption runs deeper across this cohort than in the broader market, with companies using it to drive growth and reshape demand, not just improve efficiency.

Cash generation is increasingly defining the winners, enabling market leaders like Eternal, CarTrade, and PB Fintech to fund acquisitions and expansion from their own balance sheets.

Market & Macro Context

The cohort saw several block deals this month, including sizeable stake sales in Lenskart, Delhivery, Honasa, and Shadowfax.

Ownership continues to shift from foreign investors to domestic institutions, creating a more durable shareholder base.

AI remained the defining technology investment theme, driving capital deployment across both private and public markets.

IPO Takeaway · Kissht

Listed May 2026

A modest listing pop followed by strong post-listing gains reinforced the market's preference for asset quality and disciplined underwriting over pure loan-book growth.

The listing helped reset perceptions around unsecured lending, creating a constructive valuation anchor for the issuers that follow.

The buyer mix was a notable positive — strong participation from long-only domestic institutions supporting a durable post-listing ownership base.

Net Read

Fundamentals continued to strengthen across the cohort, with growth, margins, and cash generation improving in tandem.

Performance dispersion widened, with profitability and earnings quality increasingly distinguishing the strongest performers from the rest.

Disclaimer

Z47^fortyseven is published for informational purposes only and does not constitute investment advice, or any offer, solicitation, or recommendation to buy or sell securities. Index performance is historical and should not be construed as indicative of future results.

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