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- เผยแพร่เมื่อ 12 ก.ย. 2024
- Welcome to another episode of Two by Two, a weekly premium business podcast from The Ken. You’ll notice that this week, we’ve released a 30-minute version of our new episode. But if you’re a premium subscriber of The Ken, you can access the full, uncut episode on our app!
Click here ( the-ken.com/po... ) to listen to the full episode. Download the app to access all our full episodes, every single week!
On to today's episode:
The conventional wisdom is that Bengaluru is India’s Silicon Valley. It’s the cradle of India’s tech revolution. First there was Infosys and Wipro on the IT services side. Then when startups become cool and hip, the default location to get it all started was also Bengaluru.
Take the leaders across sectors, and you’ll see they belong to Bengaluru - Flipkart, InMobi, Swiggy, PhonePe, Myntra, Ola, Amazon, Unacademy, Byju’s…and much more.
But of late, it looks like something has changed. There’s now a sentiment that Bengaluru is for people who “want to” build startups, but Delhi is for people who build businesses.
Delhi companies are the ones who seem to be gutsier, more resilient, and stronger. The list of tech companies that have gone public - Zomato, Paytm, Mamaearth, Infoedge, Delhivery, have one thing in common i.e. Delhi.
Why is this distance so wide? Do cities really influence businesses that much?
Our guests for this episode have stories that might make you agree.
Our first guest is Prashant Singh, who’s the Head of Product at JAR, in Bengaluru. He’s spent 20 years in Delhi, where he set up his own startup and sold it to Paytm. He’s now in Bengaluru and he’s not convinced that a city can affect a company’s future…but he remembers the early building days of Delhi - a city with a get-thing-done attitude and massive “ops chops.”
Our second guest is Arnav Gupta, the Director of Engineering at JioCinema. He has also founded and sold his own edtech startup, as well as led the engineering and product for the Zomato app. Arnav worked in Delhi before VCs pulled him to Bengaluru - and now that he’s spent a few years here, he knows what sort of companies only Bengaluru can give birth to, and why.
Joined by hosts Rohin Dharmakumar and Praveen Gopal Krishnan, our guests discuss the unique cultural context each city adds to a business, why it’s causing a rivalry, and what this means for the Indian startups ecosystem, going forward.
If you like the episode rate us on your favorite streaming platform. Write to us with your opinions and suggestions on twobytwo@the-ken.com
Two by Two
Episode 4
August 8, 2024
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One big con of starting company in Delhi is that people take you less seriously and trust is less due to all the frequent fraud going around in Delhi
What are you talking about 🤣 delulu
Focus on learning kannada in traffic in your tier 2 town 😂
@@nnaman007traffic nahi h coz we got metro
Lol 🤣🤣🤣🤣
true
guys dont make this delhi vs bengaluru into north vs south. keep working hard and god bless us all.
Delhi has lower taxes, and cheaper electricity than Bengaluru. Bengaluru feeds entire Karnataka. 😂 Delhi's money stays in Delhi. 😂
That makes all the difference in purchasing power of the people, and in turn the profitability of startups.
PROVIDE TIME STAMP NOT EVERYONE HAVE THAT MUCH TIME FOR YOUR INTRO AND WHATNOT
These comparisons make no sense
Ola along with byjus is one of the worst companies to come out of India.
Zomato on the other hand gets into controversy regularly. Delhivery doesnt even deliver your products in the last mile.
The only big startup that has a quality product is Ather incubated in Chennai & now is headquartered in Bangalore. Most products from delhi are unusable. Why would start up founders want to rub shoulders with them?
ola and byju are from bengaluru and zomato is making profits they left swiggy far behind , and blinkit is leading in quickcommerce.
don't be jealous
@@sumit5639 mcdonalds, Starbucks & every junk food company also make profits. That doesn't mean they are quality products. Also please only reply if you understand english
Yeah Delivery sucks. I don't know why they accept orders of they are not gonna deliver it
Dude that's some gross generalization first of all 😂, and secondly both "one of worst companies to come out of India" that you named are bangalore based not Delhi on top of it Zomato and blinkit are the top food delivery and quick commerce apps in india, what're you even talking about man.
Shut up
Delhi has money , Delhi has business acumen, delhi is rude, delhi is less adaptive, delhi is unsafe, delhi is expensive , delhi has more access to capital , delhi demography is for mfg not for service🎉
delhi is polluted*
00:03 Delhi pricked the Bangalore bubble
02:19 Delhi has become the startup capital of India, surpassing Bangalore.
06:46 Comparison between Delhi and Bangalore
08:56 Debate between Delhi and Bangalore perspectives
13:26 Delhi's focus on building without distractions
15:31 Startups in Delhi operate differently from Bangalore
19:27 Delhi has a business-oriented culture
21:26 Delhi startups have better leverage and forcing functions for success
25:29 Craftsmanship is undervalued in Delhi's work culture.
27:20 Delhi startups dominating public market routes.
Ugh, that music in the background is intrusive as hell, and both people in the intro sound unnatural as if they're reading off a script. Please work on this. Also, you need a better sound engineer.
What? Loss making market leaders from Blr are not paying taxes, that is the crux of the argument. They are showing a loss to avoid tax.
I think the title and premise of this video is a bit myopic without going into the data and in depth tech strength.
When one talks about the tech startups and their success there are so many aspects from ecosystems, business models to corporate governance comes into play. It's like the debate in US about Texas stealing the March on California in the tech space during the last decade.
Bangalore startup culture is modelled after the US silicon valley companies... product after product and sector after sector. From the growth only long term cash burner models to now operationally profitable ones.
The strength of Bangalore lies in the transparent corporate governance for a majority of startups which massively lacks with firms from Delhi.
The product based technical prowess and advantage of connect with the SF silicon valley with Bangalore companies are again has no match in Delhi or Mumbai.
The success of Bangalore lies in still attracting talent in niche tech from AI to blockchain based on the foundation of it's legacy ecosystem of IT services from electro-defense like the silicon valley in US.
Even traditional sectors, leaving aside pure tech play, like interior designing worth more than ₹2.0 Lac crores annually where the actual spend is not even 10% in Bangalore has more than 70% of its tech startups and valuation.
In the EV space companies like Log9 and Ather prove that core engineering and scientific strength has depth in Bangalore.
Business acumen in manipulating the system or the stock market is indeed far superior in Delhi companies like Paytm or Zomato with ridiculous valuations.
Delhi lacks genuine credibility inherent in its companies due to the upbringing of the people who run it in that environment, the same people transform after spending a few years in Bangalore.
No wonder, even a Delhi woman feels a sense of safety in Bangalore.
Arnav has given such a spot on perspective about the entire issue.
So, Ken shifting to Delhi?
Spending 10 mins on introductions in a 30 min talk was a bit too much.
you should add video too. only audio is boring. content quality is good but pls add video too
the style is awesome and it's more like 3blue1brown and that's amazing
Without any animation or video explaining things.
With a terrible accent . Use ai voice at least
there is no need for bg sound pls. it was very nice to use it for buildup for 2-5 secs before speaking
Hey @theken just wondering by Delhi, if you actually mean Gurgaon/NCR. Small thing but perhaps a significant difference. Borders change, states change. The NCR is a huge demographic with a wider talent pool.
Something to pick on?
ofcourse he means the NCR region
Arnav, great to hear another DCE Alumni!
Ola electric is located in Hosur, Tamilnadu not Bengaluru.
Paytm is Noida and Zomato is Gurgaon in that sense 😅
Ola factory is in Tamil Nadu, but the headquarter is still located in Koramangala, Bangalore. Technically a Bangalore company.
HQ is in Kormangala.
Bengaluru boss.
That way even Ather electric also from Hosur, Tamilnadu but Ather bikes are best electric ev because CEO studied in IIT Madras
Why can't you give free it some students like me
Will u work for free 8 hrs a day for them.
You don't have any experience
@@user-vm8lr2hr7d if they want this in social media circus. today or tomorrow one day they have to release some free insights for everyone to grow and engage with in new audience.
I am studying that's why I am asking,yaa I will work for them if they join me@@user-vm8lr2hr7d
That's an ad hominem attack
The idea OP had was that students need this info the most
Besides everyone at some point has no experience
@@heramb575 That's not an ad hominem attack because op did not make an argument, he just made a statement. An ad hominem is when you use personal attacks to argue the invalidity of an argument. Just insulting someone doesn't qualify as ad hominem.
Delhi has business acumen while Mumbai and Bengaluru lack that
hence delhi is more business type while bengaluru and mumbai is more startup type
Bro I would disagree with your point of Mumbai having a startup culture. In my opinion, Pune would an apt addition along with Bangalore that have a startup - like culture
@@rushabhpatel3814 After analysing I would say Mumbai is hybrid, Delhi is business Bengaluru is startup
Guys, this is a gold mine...
Causation ≠ Correlation - can’t believe someone actually did a podcast on such BS themes
There's no value addition with keeping the camera off for podcasts. 🤦♂
Please work on voice quality.
and insert some visuals and informations.
Voice quality is fine, maybe try on earphones.
They sound quite clear when not in phone speaker mode.
But yes, some visuals would be nice.
pls dont 'hmmm' 'hmmm' guy pls stop. that is not contributing anything to the convo at all.
dont watch
content inspired from money control startup conclave but nicely presented
The audio quality could be better... it is decent now but definitely could be much better given the potential this podcast has.
I am the founder of Podcast Pundits, producing podcasts for some of the top shows across genres in the US and UK, would love to help out.
4:32 Swiggy IPO might be pushed
Flipkart is looking for an IPO for so long hahaa, based on a few SDE guys I talked to, they might IPO next June as this is a bit dull period of their core offerings
This is the reason they developed minutes as well, to have it mature a bit before IPO
Great podcasts guys
Try reality will come Only one you start talking in Local language (Hindi).
English me sahi emotion nahi nikal ke aata.
Bangalore vs Delhi vibe was one key reason in past
Delhi is unsafe due to delhites...
Great pod guys!
Intro is for first 10 minutes, free to skip. Thank me later
Don’t know how this came to my suggestion!
Heard it - Didn’t add any value.
Lot of things which we know/heard already just being presented without any data or depth.
How does it matter? Its same country. We dont see talk about New York vs California.
nah bro you are wrong ... People all around fight between cities like shanghai vs beijing vs gaugxau , st petersberg vs moscow , east coast vs west coast etc etc
Good to see that now in india
Thanks to hindi people.
I feel delhi culture which i believe is true for UP to is figure out the lowest hanging fruit that gets you some business and take it to market figure out the rest later
Nah! I’m not paying. The guy defending Bangalore sounds like a closed minded bitter mouthed repressed person. He won’t let the discussion grow. Get better guests like the other guy who shared solid observations from his Delhi trips.
I recommend creators of this video to really deep dive even more on the length & breadth of Bangalore before making any comparision!
Okay Thanks!
Even if you think Bangalore is going to be that winner with kannadiga attitude Bangalore will lose for example me n Frnds shifted to Hyderabad after multiple assaults from local just because we are non kannadiga
@@benbrinard007 this is concerning and issue is genuine and should be addressed. But i made point against some so called comparison and facts from the video.
@@benbrinard007 You did not shift because somebody assaulted. You would have gone to Hyd because your work demanded so. But you are rephrasing it here in a different way. Anyways, HYD can now take our junk. It doesnt matter anymore. Bangalore has now shifted to Aerospace & Electronics.
@@prashanthb6521 Coping wont help, if you cant accommodate the talent pool, the economy will eventually collapse. Dont reply with the generic "we don't need anyone" bs
@@Raj-mb6uk I am telling you honestly, we are fed up ! It doesnt feel like our old home anymore, so please respect our cultural privacy. No amount of money can compensate this.
Boring
Ok this is factually wrong.
MMT pays its corporate tax in US.
Infoedge has 80% investment in Bangalore startups.
A company like Paytm which is only losing money and customers deserves to be in delhi😂
You want to talk facts:
TCS,Infosys,Accenture,Wipro,AWS,IBM,NVIDIA all have headquarters in Bangalore.
Let’s talk startups: Zerodha and zoho (most profitable startups)
No Delhi startup has the capability to make those profits.
Zepto and Swiggy will eventually be acquired and zomato will die.
These businesses have no business model.
Don’t worry,time will tell.
Delhi sucks anyway no matter what mouth open garbage spills