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Havish Gupta
Figuring Out • 3m
I analyzed 40 Indian founders from 30 popular Indian startups like Zepto, and here's what I found: 1) Most founders are between 30-40 years of age. 2) Most founders come from Delhi (5) and Maharashtra (8). 3) 95% of founders are male. 4) 87% of founders have an MBA Or BTech degree. 5) 82% have attended IIT or IIM, with IIT Delhi being the most popular (with 15 founders) 6) Only 5 founders (12%) have pursued foreign education. 7) ALL founders HAD prior work experience (except the 2 Zepto Boyz). 8) 38% of the founders lived in the USA. 9) 65% are first-time founders. (ie having work experience is enough) 10) Only 3 founders sold their previous company. They being VSS, Sachin Bansal, and Mukesh Bansal. 11) Only 3 companies were part of the YC program: Razorpay, Zepto, and Groww 12) 14 companies had 2 co-founders, while 24 had 2 or more founders (out of 31 companies). In short, almost all founders had quality education (from IIT And/Or IIM), had work experience, and got 2 or more co-founders. This clearly shows the kind of profiles investors fund! Note: AI has been extensively used to compile this, and not all data has been manually verified by me. Still, it provides a pretty good overview.
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