Co-founder and CEO of Credgenics, Rishabh Goel shares his incredible journey on the podcast. A number crunching enthusiast, he was passionate about entrepreneurship since his early days at IIT Delhi. It was what led him to seek certain experiences and skills in his professional career at Deutsche Bank and BlackRock. After years of ideations and iterations, today Rishab is heading a million dollar high growth B2B startup which is set to revolutionize debt recovery and NPA management in India. Credgenics prides in being India's leading recovery and collections platform with the aim of 'Converting Bad Debts into Good Assets'. It is a brilliant amalgamation of litigation, finance and technology to create exceptional value in the financial sector. Credgenics has recently raised ₹27cr from leading investors such as Accel India, Titan Capital and Kunal Shah of CRED in their pre-Series A round, which sends a strong signal to the market that they are here to stay for the long game. Towards the end, he also addresses the buzz around Credgenics' intention to raise money in the future.
Time codes 0:00 - Introduction 0:44 - Credgenics' genesis & tackling NPA crisis 4:35 - How Credgenics contains bad debts 10:47 - Covid19 induced growth for Credgenics 11:52 - Rishabh's journey to entrepreneurship 16:22 - On taking calculated risks in life 20:50 - Imp. of pivoting for product market fit 22:30 - Co-founders & the chemistry decoded 26:38 - Buzz around fundraise for Credgenics