Z47 Moments

Z47

Zero to Infinity, by Z47, is a podcast series dedicated to the founders, startups, and all within the ecosystem through candid conversations on what we think it really takes to survive in this wild startup world. In a world where we are endlessly engulfed with information in all its forms and sizes, this is our attempt to create, curate, and bring to you the insights and reflections that we have had the luxury of having learned the hard way through all the years spent in truly understanding what it takes to build and nurture a startup from ground zero.

  1. How Rebel Foods Built the World's First Cloud Kitchen Empire | Jaydeep Barman | Unstarted

    -4 J

    How Rebel Foods Built the World's First Cloud Kitchen Empire | Jaydeep Barman | Unstarted

    What happens when you spend 13 years building something, and for most of those years, the people around you think it's not going to work out?Jaydeep Barman left a gilded career at McKinsey's London office to bet on a single roll shop in Pune. What followed was a decade-plus journey through India's costliest real estate market, the invention of an entirely new category (cloud kitchens — before anyone called it that), and the slow, painful work of staying in the game while companies that started years after him became unicorns overnight. In this conversation, Avnish and Jaydeep wrestle with: 1. How do you find the one insight nobody else has, and trust it when the world disagrees? 2. What do you do when your investors mentally write you off? 3. Why does every real innovation at Rebel come from the moments they were closest to shutting down? 4. How do you build a team that stays for 13 years, through the pain, the doubt, and the long wait? 5. This is a conversation about what it actually costs to stay in the arena longer than everyone expects you to, and what that buys you that nothing else can. Chapters:  00:00 The reality of startup comparison & investor pressure01:30 Why we didn’t pivot to food delivery (despite the hype)02:30 From McKinsey to starting a food business04:10 The first roll shop: how Fasos began09:00 Learning the business & why curiosity matters most11:20 Insight v/s timing: finding your “right to win”13:40 Building a cloud kitchen breakthrough17:30 Founder mentality vs CV mentality20:00 Hiring, ownership & building real culture24:50 Performance vs culture: who stays, who leaves27:20 Rock bottom moments: running out of money & pushing through Follow Z47 Website - https://www.z47.com/Instagram - https://www.instagram.com/z47.vc/LinkedIn - https://www.linkedin.com/company/z47-vc/

    43 min
  2. Raised $12.5M to eliminate US healthcare's biggest problem | Coral AI

    -6 J

    Raised $12.5M to eliminate US healthcare's biggest problem | Coral AI

    What does it take to fix the most broken system in America — from the outside? Ajay and Aniket, co-founders of Coral AI, had zero healthcare experience when they started. What they had was a burning problem, a one-way plane ticket to the US, and a relentless drive to understand healthcare from the ground up — visiting 17 cities in 30 days, becoming interns, and reading thousands of faxes doctors still send in 2026. In this episode of Zee47 Moments, Ashwin and Vikram sit down with the founders to unpack how Coral is using AI to eliminate the administrative chaos of patient referrals — cutting weeks of back-and-forth down to minutes — and how they're building one of the most AI-native companies in healthcare. 🔍 What we cover: • Why 40% of primary care visits result in a referral — and how that process is broken• How fax machines still run US healthcare in 2026• The technology behind going from 80% to 99.1% accuracy on medical documents• Why Epic and OpenAI can't solve this problem — but Coral can• Winning head-to-head against a competitor that raised $100M+• The "forward deployed engineer" model and why it's not services• Building a lean, 10x team of future founders Coral just raised $12.5M led by Zee47. This is their story. ─────────────────────────────CHAPTERS 0:00 17 days to get a scan2:22 Picking healthcare with zero healthcare background4:48 17 cities in 30 days and the Mamba mentality8:26 Inside the fax machine: how a US referral actually works14:16 Getting to 99% accuracy (and why 95% isn't enough)20:48 Beating a competitor with 10x the money24:56 $100K to $500K without a sales team28:07 The 10X-only team and the FTE model done right33:40 Failure, rapid fire, and what's next Follow Z47 Website - https://www.z47.com/Instagram - https://www.instagram.com/z47.vc/LinkedIn - https://www.linkedin.com/company/z47-vc/

    38 min
  3. Built a $70M company because he wasn't invited to birthday parties

    16 AVR.

    Built a $70M company because he wasn't invited to birthday parties

    Sanket Shah started thinking about business at 17. His first idea was putting ads on Mumbai's auto-rickshaws. The government said no. He went to Mantralaya three times, met the Chief Minister, got sent to the transport commissioner, and received government letters at home for four years.He got 4 rickshaws approved. Twenty-something years later, he's the founder of Invideo — a video creation platform operating at serious scale, with under 100 people. And right now, he's stopped looking at his revenue numbers entirely. He has two people running the existing business. He is fully allocated to what comes next. In this conversation with Avnish Bajaj, Sanket talks about why you can't optimise your way through a ceiling — and what it actually costs to do something drastic. He talks about the one conversation he had in San Francisco where he and his co-founder both knew they had to change course, chose not to, and paid for it all year. Founder questions tackled in this episode:  1. What's the difference between an L1 insight and the insight that actually can't be copied? 2. When does persistence become stubbornness? How do you know which side you're on? 3. How do you talk to customers without asking leading questions — and what do you do with what you hear? 4. When everyone's going agentic, how do you actually stand out? Recorded in association with Tech Entrepreneurs Association of Mumbai (TEAM), ahead of Mumbai Tech Week 2026  May 29–30 at Jio World Convention Centre. Register at mumbaitechweek.com. Follow Z47 Website - https://www.z47.com/Instagram - https://www.instagram.com/z47.vc/LinkedIn - https://www.linkedin.com/company/z47-vc/

    37 min
  4. 150 rejections, a government ban and starting over | The Dream11 story | Unstarted Ep 7

    9 AVR.

    150 rejections, a government ban and starting over | The Dream11 story | Unstarted Ep 7

    Harsh Jain built Dream11 from a family business detour and a love of fantasy football into a company that sponsored every IPL team, sent athletes to the Olympics, and had 300 million users.Then the government effectively ended the business he'd spent 15 years building. This conversation isn't about the rise. It's about what happens after the nuclear bomb falls — how you grieve something you loved, how you decide whether to fight or pivot, and how you keep 1,000 people from walking out the door. The questions Avnish and Harsh wrestle with: 1. Do you really need an original idea, or do you need to be obsessed with a problem? 2. What's the difference between being in love with your company and just being attracted to the outcome? 3. How do you keep going after 150 investor rejections — and is "keep going" always the right answer? 4. What do you do when the nuclear bomb falls on everything you built? 5. Can culture actually survive catastrophe, or does it only exist in the good times? In the end culture is the only thing that scales. Not the product or funding. The team and whether you built something worth staying for. YouTube Chapters00:00 The neighbour who built Dream11 05:09 Love vs. lust: the only thing that keeps you going 06:39 Q1: Do you really need an original idea? 10:27 150 rejections: the napkin, the car ride 18:37 Q2:How to know if you actually have product-market fit 22:03 Culture is the founder's DNA 27:43 The nuclear bomb falls 32:54 What happens after you grieve together 39:45 Why Harsh never left Mumbai 41:21 — What Mumbai Tech Week is actually for 44:10 — B talent. A culture. One big problem. Follow Z47 Website - https://www.z47.com/Instagram - https://www.instagram.com/z47.vc/LinkedIn - https://www.linkedin.com/company/z47-vc/

    46 min
  5. AI won't take your job, here's why | Intelligent Indians Ep 3

    7 AVR.

    AI won't take your job, here's why | Intelligent Indians Ep 3

    OpenClaw went from zero to more GitHub stars than React, a library that took a decade to build that following, in 60 days. One graph, vertical, like nothing the developer community had ever seen. When Z47’s founder, Avnish Bajaj saw that graph, something shifted.Six months earlier, the at Z47 had sat down to look at the velocity of AI deal-making, the valuations, the volume of capital flooding in, and called it a bubble.  The consensus was clear: enterprise adoption would lag, the economics wouldn't close, and the correction would come.Then that graph happened. Then agentic AI happened. Then self-healing code happened. And the thing everyone assumed would lag — enterprise adoption — is now about to explode. Avnish sits down with Rajinder on Intelligent Indians to work through what changed, what it means, and what every founder and operator needs to do right now before the window closes. The conversation covers: 1. Why the bubble call was wrong, and the specific moment that broke the consensus thesis 2. The AI Agency vs. Mastery K-curve an what it means for your trajectoryAnswering the question “Will AI take my job?” 3. How India is positioned to build AI services 4. What AI-native actually means (And no, it is not using ChatGPT)  5. A live demo of Avnish's WhatsApp-based agent Zen Chapters  00:00 "I Called a Bubble. I Was Wrong 06:15 The Moment That Changed Everything: OpenClaw and the Enterprise Unlock 08:16 The K-Curve: Why AI Won't Take Your Job — But Someone Else Will 14:29 India's Real Opportunity (It's Not What You Think) 22:16 What Founders Should Actually Do Right Now 27:48 Live Demo: Avi's AI Agent "Zen" 33:24 I've Been Waiting 35 Years. It's Finally Here Follow Z47 Website - https://www.z47.com/Instagram - https://www.instagram.com/z47.vc/LinkedIn - https://www.linkedin.com/company/z47-vc/

    36 min
  6. Raising $7 Million for your AI startup | Utkrishta Kumar | Unstarted Ep 5

    2 AVR.

    Raising $7 Million for your AI startup | Utkrishta Kumar | Unstarted Ep 5

    Most people know what they want. The problem is they keep waiting for certainty that never comes. Oolka founder, Utkrishta Kumar built India's first just-in-time fulfilment network at 27, helped scale Meesho through one of India's biggest social commerce pivots and then left before the IPO. Not because he had to, but because the regret of not starting felt heavier than the risk of failing. In this episode, Avnish and Utkrishta work through the questions early founders actually get stuck on: 1. How do I know I'm ready to start up?2. How do you find PMF and is tracking PMF enough?3. How do I build an AI product that ChatGPT can't just replace tomorrow?4. If I've already made money, why does failure still terrify me?5. The conversation lands somewhere honest: you won't see the whole road. 6. You just need to be okay with the fog A new episode of Unstarted - every Thursday 00:00  Leaving before the IPO00:56  Introduction: the one question every aspiring founder is asking 01:55  Growing up risk-averse 04:54 Q1: How do you know if starting up is the right move? 07:12 How to build a founder's operating system without an MBA 11:43 Q2: How do I know if I've reached PMF? 13:47 What Oolka does — and why every credit problem is individual 16:51 Why he left Meesho before the IPO — and the fear money doesn't fix 19:58 Q3: How do you build with AI without being replaced tomorrow? 26:49 Final advice: more than 70% never fire the bullet

    29 min
  7. He shut down his first company and built a bigger one | Anil Goteti, Scapia | Unstarted Ep 5

    26 MARS

    He shut down his first company and built a bigger one | Anil Goteti, Scapia | Unstarted Ep 5

    What does it actually take to go from employee to founder — after 8 years inside one of India's greatest startups? In Episode 5 of Unstarted, Avnish Bajaj sits down with Anil Goteti, CEO of Scapia, to talk about the real founder journey — not the highlight reel. From leaving McKinsey after just one year, to carrying a US loan back to India, to building and shutting down his first startup before finding PMF with Scapia.This episode covers: - Why entrepreneurs are made, not born- The Monday Morning Test — knowing when to quit- What 8 years at Flipkart actually teaches you- Why competition never killed a company — customers did- How to know when your product is (and isn't) working- The failure before Scapia and what it taught him In the end, the destination was always clear and the route was never going to be linear. Finally, the Monday morning test doesn't lie. Unstarted is a podcast by Z47 - by founders, for founders. Whether you've started or you're yet unstarted. YT Chapters 0:00 - Introduction & What is Unstarted1:45 - Meet Anil Goteti — IIT, McKinsey, Flipkart & Scapia4:00 - Are Entrepreneurs Born or Made?7:30 - The Kid Who Wanted a Product in Every Indian's Hand11:00 - IIT Electrical vs Computer Science — The First Detour14:00 - Leaving McKinsey After 1 Year: "I Want to Be the King"18:30 - Joining Flipkart - Taking One Notch of Risk22:00 - 8 Years at Flipkart: The Best Projects & Lessons31:00 - The Monday Morning Test35:30 - Who Inspires Anil Goteti?39:00 - How Do You Know When Your Product Is Working?45:00 - Competition Never Killed Anyone - Customers Did49:00 - The Failed Startup Before Scapia54:00 - What's Next: Building Scapia

    34 min
  8. He built a $1.5B seafood empire from India that nobody knows about | Utham Gowda -Captain Fresh

    24 MARS

    He built a $1.5B seafood empire from India that nobody knows about | Utham Gowda -Captain Fresh

    Most people have never heard of Captain Fresh. In 2020, Utham Gowda walked into Z47's office with one belief: take a shrimp from Chennai to New York, and it's a very profitable business. Nobody believed him. He built it anyway. Five years later: ₹10,000 Cr in revenue. ₹550 Cr EBITDA (annualised Q4 FY26). Distribution across 15 of the top 20 European retailers. One-third of the white-cloth restaurant market in the US. Three oceans, six countries, ten acquisitions — zero leverage, 100% management rollover on every deal. And by Utham's own accounting, another ₹600-700 Cr of EBITDA still on the table. In this episode, Z47's Sudipto Sannigrahi and Tarun Davda sit down with Utham in Bangalore for the most detailed conversation he's had on how Captain Fresh was designed, how it survived the most volatile macro environment in years, and what comes next, ahead of what is shaping up to be one of India's most significant IPOs. The quiet empire is about to become impossible to ignore. Chapters 00:00 The original bet: "Take a shrimp from Chennai to New York"03:22 Six years on: what's changed, what hasn't05:08 The problem that stayed the same: why seafood is broken everywhere08:10 Why India wasn't enough: the pivot to US and Europe09:00 What Captain Fresh actually is today: US restaurants, European retail20:33 The supply side: three oceans, six countries, 250 factories22:29 The numbers, the growth, and how acquisitions drive both23:45 The acquisition playbook: zero leverage, 100% management rollover29:24 Wallet share and the platform magic (the Coral story)35:10 The FTA windfall they never modelled36:58 Tariffs, the rupee, and why the macro actually helped42:56 "Are you just playing multiple arbitrage?" 45:00 The four pillars: multi-species, multi-geo, vertical integration, tech49:31 The next 10 years: from supply chain to innovation powerhouse

    55 min
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À propos

Zero to Infinity, by Z47, is a podcast series dedicated to the founders, startups, and all within the ecosystem through candid conversations on what we think it really takes to survive in this wild startup world. In a world where we are endlessly engulfed with information in all its forms and sizes, this is our attempt to create, curate, and bring to you the insights and reflections that we have had the luxury of having learned the hard way through all the years spent in truly understanding what it takes to build and nurture a startup from ground zero.

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