Sameer Nigam, founder and CEO of PhonePe, joins Unstarted for a candid conversation on building a company that now serves over 700 million users.
From a middle-class naval family to a failed music startup (Mind360), an acquisition by Flipkart, and the founding of PhonePe, Sameer breaks down the thinking behind his "asymmetric bets," why he chose UPI when the entire market was chasing wallets, and how the Big Billion Day payments collapse revealed the problem he'd spend the next decade solving.
He also opens up on his 31-year partnership with co-founder Rahul Chari, why he embraces regulators instead of fighting them, what PhonePe's data reveals about how India really spends, and the story behind the IPO that was pulled at the last minute.
A must-watch for founders thinking about co-founders, market timing, building for population scale, and knowing when to cut your losses.
Unstarted is a show about founders, for founders hosted by Avnish Bajaj.
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