How He Went From ₹0 To ₹1000+ Crores? | The 1% Club Show | Ep 18

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Join me for an eye-opening discussion with the extraordinary Mr. Punit Goyal, co-founder of BluSmart, the trailblazing eMobility RideHailing service and EV Charging Infrastructure network in India. With a wealth of experience spanning the clean mobility and clean energy sectors, he's a true standout in the industry! 🚗⚡

In today's episode, we uncover a multitude of fascinating topics:

🏆 Punit's strategic approach to competing with giants like Ola & Uber
💼 Insights into his first venture, including successes and failures
🤝 How he connected with Kumar Mangalam Birla, securing invaluable mentorship
🚀 BluSmart's innovative solutions for driver and car issues in the mobility industry
📱 Addressing common challenges in consumer cab booking
💰 Punit's personal salary and investment strategies

Entrepreneurs and eager learners, get ready for a wild ride! 🚀 This video is packed with priceless insights. Dive in now and share your thoughts in the comments below. Let's spark a conversation that breaks barriers! 🗣️👇🏻

Disclaimer: This video is for educational purposes only.

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Timeline

[0:00] : Highlights
[0:25] : Strategic Approach in Competing with Ola & Uber
[4:17] : First Business, Revenue, and Lessons from Failure
[8:00] : Mentorship Journey with Kumaran Birla
[10:30] : Solving Car & Driver Challenges in Mobility Industry
[14:44] : Tackling Consumer Cab Booking Issues
[18:50] : Solving Bangalore's traffic problem
[20:50] : Electric Vehicles & Charging Station Solutions
[24:50] : Investment in Charging Infrastructure & Returns
[26:00] : Mobility Industry Opportunities
[28:00] : Punit's Salary & Investment Approach
[29:54] : Entrepreneurial Advice
[30:18] : BluSmart's IPO Plans

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Sharan Hegde is a personal finance expert who has been featured in Forbes, Economic Times, Mint, Times of India and many more. He is the Founder of The 1% Club, India's biggest finance community which helps people achieve financial independence.

#financewithsharan #finance #sharanhegde

[RS-Wondrr]

Mr. SHARAN... One kind suggestion. The way you shoot questions is very rude, you should polish your way of questioning.

[athuldas]

Really a well understood person Mr Punith!
I too agree to your point on public transport!

[Truelyblessedgratitude]

I am from Gurgaon; used Blue smart many times
If their operating costs are lower then why do they charge Rs.50_60 extra for a ride compared to Uber
And for the airport ride it's 100_120 extra
Agree with you Drivers are calm and polite

[hits-lofi]

his story motivated me like anything, very good and helpful

[Pragitics]

we saw him on nikhil's ev podcast

[ritikgupta]

Bangalore traffic issue is not due to many two wheelers. Its mostly due to lack of public transport and improper infrastructure. Also one key factor is most working people have a good income and prefer to travel in their own cars causing congestion.

[AnkitG]

BluSmart is literally a game changer .Thank you for the conversation.

[shreyankmasrani]

One interesting question would be his views on battery swap technology what we have seen in China. That might enhance the utilization and efficiency of charging.

[peddireddyvarshith]

Handsome explanation about Blusmart and Ev business by Goyal. ❤ u Sharan

[Goodwill]

I agree there is no customer service from ola and Uber, very bad customer experience. Ola is running it on autopilot and taken customers for granted. Love the compitition

[RakeshSharma-pveq]

Your style of Podcast is much much better than many others famous ones currently on youtube. the choice of questions. The reaction to answers. Other still look like fools or kids doing podcasts with big personalities.

[aditya]

Uber solves the supply side of the thing by partnering with fleet partners, biggest player being Everest fleet with which they are doing amazing, quality of cars is also controlled & it is super beneficial for Drivers as now they have lot of options to lease the cars and not own to pay the high interest rates. Blu Smart is not on demand which is the biggest disadvantage .

[paulrajas]

Fascinated listening to his entrepreneurial journey.. thanks Sharan

[mufaddalhaidermota]

In India, currently the majority of electricity is still produced using fossil fuels.
It would be nice to discuss between EV vs Hybrid for feasibility and better in the Indian market.

[mr_anand_parekh]

My blu smart driver did denied to come drom electronic city to bellandur. And he didn't even inform customer. Just reported to care by msg or email something thats all😢

[niveyshak]

Excellent ideas shared here. Motivating

[shreeyanshkumar]

Same goes for IIT delhi btech students, Humare college me bhi haalat kharab hai, I m in NIT Jaipur, iss factor par govt. baat hi nhi krna chahti, problem hai thik hai par iss cheez pe baat to kre atleast govt. iss cheez ko to vo ackowledge hi nhi krna chahte

[fettuccinerecords]

There was so much to learn in this video 🎉

[nikhilbarboz]

Yes, they were right WRT unclean uber and ola cars; the drivers there are not professional.
One car is rented from owner by two different people, one driven for 12 hours in the day and by other for 12 hours in the night. I hope we have this or similar service in mumbai soon.

[suchetanamaitra]

I am living in NCR for lasr one year....I need cab every day....in last 365 days I have booked ola for 2 times....rest of the days I have booked only fan of BLU