19 episodes

McKinsey on Start-ups is an original podcast series from Fuel, McKinsey’s startup practice. In each episode, our experts cut through the noise to help startups and investors accelerate growth. We feature conversations with founders/leaders, investors, and industry experts to share the latest perspective across borders and sectors.

McKinsey on Start-ups Fuel, a McKinsey company

    • Business
    • 5.0 • 16 Ratings

McKinsey on Start-ups is an original podcast series from Fuel, McKinsey’s startup practice. In each episode, our experts cut through the noise to help startups and investors accelerate growth. We feature conversations with founders/leaders, investors, and industry experts to share the latest perspective across borders and sectors.

    Next on the menu for food delivery

    Next on the menu for food delivery

    Any number of companies and industries have been upended by the pandemic of the past two years, but few consumer sectors have been more radically reshaped than food delivery. At the outset of COVID, lockdowns and physical-distancing requirements gave the category an enormous boost, as delivery became a lifeline for the ailing restaurant industry. Two years later, food delivery has gone from a steadily-growing but still small piece of the restaurant (and grocery) business to a major growth driver, worth more than $150 billion globally and having doubled in the US. Whereas restaurants largely used to handle the limited delivery options that existed, these days a complex ecosystem of players is involved, led by delivery platforms such as DoorDash, GrubHub, PostMates, and Uber Eats, just to name the dominant ones in the US. The fact that the sector has largely remained unprofitable hasn’t diminished the appetites of investors, especially as a new group of global quick-delivery or q-commerce players are raising the stakes, promising the arrival of groceries, restaurant food or virtually anything else in only 10 or 15 minutes. In this episode, McKinsey partners Vishwa Chandra and Victoria Lord, co-authors of a recent report on the food delivery sector, join us to discuss the rapidly evolving economics, the emerging battlegrounds, and new opportunities and challenges on the horizon.

    • 35 min
    Turning India into a SaaS Power

    Turning India into a SaaS Power

    Over the last decade, the rise of software-as-a-service (or SaaS) has dramatically transformed the software industry and the myriad enterprises it serves. As the pace of digital transformation and growth of cloud computing has accelerated, SaaS has rapidly become the software-delivery model of choice and preferred alternative to legacy, on-premise products. This paradigm shift to an on-demand, subscription-based model opens up a number of opportunities for new entrants and start-ups to make their mark in the sector, and India is one market particularly well positioned to do so. Earlier this year, SaaSBOOMi, a community of founders of Indian SaaS companies, released a report, Shaping India’s SaaS Landscape, that sought to quantify the country’s opportunities in SaaS and identify specific measures for how the industry could reach its full potential. Today, two guests who were involved with the report join us to discuss the challenges and opportunities facing the burgeoning SaaS sector in India. Manav Garg is the founder of SaaSBOOMi and the Founder and CEO of Eka Software Solutions, a cloud-based enterprise solutions provider. Sid Tandon is a partner in McKinsey’s Silicon Valley office, where he serves executives and boards of technology, media and telecom (TMT) companies on strategic and value creation efforts.

    • 26 min
    Fintech off the shelf: Making an all-in-one approach pay off

    Fintech off the shelf: Making an all-in-one approach pay off

    When it comes to start-up fundraising these days, new records seem to be broken practically every quarter. But few digital sectors are booming as much as the business of money known as fintech. Globally, the industry raised more than $90 billion in funding in the first three quarters of this year, almost double the pace in 2020, with 42 new fintech unicorns minted in the third quarter alone. Helping fuel this massive growth is the desire of so many different kinds of companies to be a fintech player, to one degree or another. As Arik Shtilman, the co-founder and CEO of Israeli fintech unicorn Rapyd, explains on today’s episode, companies “understand that the way to monetize on the relationships that they have with their customers is through payments.” Shtilman, a serial entrepreneur, founded the global fintech-as-a-service platform provider to make it relatively easy and simple for any digital business to do embed a wide array of financial services into their offerings.

    • 37 min
    What tech innovation means for the business of fashion

    What tech innovation means for the business of fashion

    When you think about the pandemic’s impact on fashion, what comes to mind? For most people, the answer is probably sweatpants or jeans and t-shirts, really any super casual attire or cozy athleisurewear that so many of us around the world started wearing every day as our homes suddenly became (and have remained) our offices. But behind the scenes the business of fashion has been undergoing a much more serious, technology-fueled makeover. This has impacted not only how the customer interacts with brands and retailers, but just as critically, how the industry operates far from the spotlight, whether managing its inventory, pricing and supply chain or designing and producing its products. A growing wave of fashion tech startups is both driving and benefitting from this shift, and venture investors’ interest in the sector is likewise growing. To help us understand how technology is fundamentally reshaping the business of fashion and fashion innovation, we are pleased to be joined today by Anita Balchandani, a McKinsey partner based in London who leads the firm’s Apparel, Fashion & Luxury Practice in the UK, Europe, the Middle East, and Africa.

    • 39 min
    Can fintech fuel Nigeria’s economic resurgence?

    Can fintech fuel Nigeria’s economic resurgence?

    Like several countries in Africa, Nigeria was already enduring tough economic times even before the pandemic. Yet one of the real bright spots in the economy of the continent’s most populous country has been its burgeoning fintech sector. Nigeria has a large, young population, accelerating digital and smartphone adoption, and a focused regulatory drive to increase financial inclusion, conditions that create a strong foundation for fintech to become a major economic engine. Between 2014 and 2019, the fintech sector in Nigeria raised more than $600 million in funding; in 2019 alone, it attracted fully 25% of the nearly $500 million raised by all African tech startups. In an episode of the McKinsey Africa podcast from earlier this year, Kerry Naidoo, McKinsey Director of Communications for Africa, spoke to two partners based in the firm’s Lagos, Nigeria office, Topsy Kola-Oyeneyin and Mayowa Kuyoro, about the state of fintech in Nigeria, the challenges and opportunities it presents, and what the various stakeholders may need to do in order for the sector to reach its full potential.

    • 33 min
    How online marketplaces are making secondhand fashion a first choice

    How online marketplaces are making secondhand fashion a first choice

    Buying used clothes is far from a new phenomenon; a certain segment of every new generation of teens and 20-somethings invariably gets drawn into spending time combing through the racks at thrift shops. But in the last decade, the emergence of online, peer-to-peer fashion resale marketplaces has turned the act of purchasing and selling used clothes into a much more mainstream activity. Even before the pandemic, the growing interest in sustainability and the circular economy had helped increase interest in this brand of grassroots-driven ecommerce. Once Covid-19 began, more and more people forced to stay at home found themselves going through their closets to see what potential merchandise they had to offer. Vestiaire Collective is one of the top start-ups helping to drive this trend, and its CEO, Max Bittner, joins us to talk about the challenges and opportunities in the thriving space.

    • 39 min

Customer Reviews

5.0 out of 5
16 Ratings

16 Ratings

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