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Share Episode 20 - Building a $30 Mn ARR Audio-Social Network App for Tier 2 & 3 India - ft. Bhanu Tanwar and Harshvardhan Chhangani (Founders of Frnd)
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Episode 20 - Building a $30 Mn ARR Audio-Social Network App for Tier 2 & 3 India - ft. Bhanu Tanwar and Harshvardhan Chhangani (Founders of Frnd)
Most people in Tier 2 & 3 India have yet to have a meaningful & respectful conversation with the opposite gender because of the stigma surrounding such interactions. Dating isn’t a problem to be solved for them yet, & traditional interaction & social network apps, often visual & Western first, fail to cater to the needs of this audience. So, how do you solve for 'people discovery' in small towns in India? That’s where Frnd comes in—an audio-social network app that creates safe virtual spaces for genuine interactions in conservative settings.
In this episode, Bhanu Pratap Singh Tanwar & Harshvardhan Chhangani (co-founders of Frnd) share their 5-year-long journey of building a social network product for Tier 2 & 3 audiences & scaling it to $30 Mn ARR.
Tune in to hear them discuss:
- Why dating isn’t a mass market problem to be solved in India right now.
- What are the nuances of building for the next billion users?
- How do you build a strong product team that iterates quickly & truly understands user needs?
- What opportunities are yet to be tapped in India's social space? & much more...
Topics covered in the episode:
0:00 - 1:50 - Episode preview
1:51 - 3:57 - What is Frnd?
3:58 - 7:15 - What’s the impact it’s creating?
7:16 - 8:57 - End-user & product relatability
8:58 - 9:55 - What's a Pre-dating ecosystem?
9:56 - 12:40 - Why should a platform like Frnd exist?
12:41 - 14:16 - The challenge around growing loneliness
14:17 - 15:37 - Inspirations from Yahoo Chatrooms & Orkut
15:38 - 18:53 - Why audio first?
18:54 - 19:27 - Is Frnd a marketplace or matchmaking place?
19:28 - 21:02 - Various kinds of user interactions on Frnd
21:03 - 22:28 - What is the aim of the Frnd app?
22:29 - 23:45 - Pseudo-anonymous environment
23:46 - 23:59 - How much revenue does Frnd make?
24:00 - 26:07 - What was the focus of Frnd when it started?
26:08 - 28:00 - First-mover experience for Frnd
28:01 - 30:10 - What’s the user feedback experience?
30:11 - 32:43 - Motivations in the early years of Frnd
32:44 - 39:45 - What are the growth plans for Frnd?
39:46 - 43:20 - 30 Under 30 team
43:21 - 45:01 - Is a team of 30 people better than that of 200?
45:02 - 48:23 - Future product pipelines
Rapid Fire Round
48:35 - 48:54 - What’s your favourite dating app?
48:55 - 48:55 - If your start-up had a mascot, what would it be?
48:56 - 49:18 - What’s the weirdest thing you have done in the name of market research?
49:19 - 49:24 - If your to-do list was a movie, which would it be?
49:25 - 49:29 - If someone said Frnd is a sleazy app, what would be your reaction?
49:30 - 49:30 - What is more terrifying - bug in your code or typo in your investor email?
49:36 - 49:45 - What’s the most bizarre place you have ever taken a business call?
49:46 - 49:56 - What’s your favourite productivity hack at work and in personal life?
49:57 - 50:56 - Any US or Indian company that you really admire?
50:48 - 51:30 - Which is your most favourite Bangalore thing to do?
View all episodes
By IndiaQuotientMost people in Tier 2 & 3 India have yet to have a meaningful & respectful conversation with the opposite gender because of the stigma surrounding such interactions. Dating isn’t a problem to be solved for them yet, & traditional interaction & social network apps, often visual & Western first, fail to cater to the needs of this audience. So, how do you solve for 'people discovery' in small towns in India? That’s where Frnd comes in—an audio-social network app that creates safe virtual spaces for genuine interactions in conservative settings.
In this episode, Bhanu Pratap Singh Tanwar & Harshvardhan Chhangani (co-founders of Frnd) share their 5-year-long journey of building a social network product for Tier 2 & 3 audiences & scaling it to $30 Mn ARR.
Tune in to hear them discuss:
- Why dating isn’t a mass market problem to be solved in India right now.
- What are the nuances of building for the next billion users?
- How do you build a strong product team that iterates quickly & truly understands user needs?
- What opportunities are yet to be tapped in India's social space? & much more...
Topics covered in the episode:
0:00 - 1:50 - Episode preview
1:51 - 3:57 - What is Frnd?
3:58 - 7:15 - What’s the impact it’s creating?
7:16 - 8:57 - End-user & product relatability
8:58 - 9:55 - What's a Pre-dating ecosystem?
9:56 - 12:40 - Why should a platform like Frnd exist?
12:41 - 14:16 - The challenge around growing loneliness
14:17 - 15:37 - Inspirations from Yahoo Chatrooms & Orkut
15:38 - 18:53 - Why audio first?
18:54 - 19:27 - Is Frnd a marketplace or matchmaking place?
19:28 - 21:02 - Various kinds of user interactions on Frnd
21:03 - 22:28 - What is the aim of the Frnd app?
22:29 - 23:45 - Pseudo-anonymous environment
23:46 - 23:59 - How much revenue does Frnd make?
24:00 - 26:07 - What was the focus of Frnd when it started?
26:08 - 28:00 - First-mover experience for Frnd
28:01 - 30:10 - What’s the user feedback experience?
30:11 - 32:43 - Motivations in the early years of Frnd
32:44 - 39:45 - What are the growth plans for Frnd?
39:46 - 43:20 - 30 Under 30 team
43:21 - 45:01 - Is a team of 30 people better than that of 200?
45:02 - 48:23 - Future product pipelines
Rapid Fire Round
48:35 - 48:54 - What’s your favourite dating app?
48:55 - 48:55 - If your start-up had a mascot, what would it be?
48:56 - 49:18 - What’s the weirdest thing you have done in the name of market research?
49:19 - 49:24 - If your to-do list was a movie, which would it be?
49:25 - 49:29 - If someone said Frnd is a sleazy app, what would be your reaction?
49:30 - 49:30 - What is more terrifying - bug in your code or typo in your investor email?
49:36 - 49:45 - What’s the most bizarre place you have ever taken a business call?
49:46 - 49:56 - What’s your favourite productivity hack at work and in personal life?
49:57 - 50:56 - Any US or Indian company that you really admire?
50:48 - 51:30 - Which is your most favourite Bangalore thing to do?