Young Turks Masterclass

On the show today we bring you the story of D Lakshmipathy’s Five Star Business Finance, Chennai-based non-banking finance company that specializes in small ticket loans for India’s ‘un-banked’. Lakshmipathy took over the business in 2002 and Five Star over the years has established a unique underwriting model to assess businesses and extend collateralized loans to them. With a presence in over 150 locations across South India, serving 40,000 businesses and individuals; Five Star’s assets under management stand at Rs 1220 crores. Interestingly, Five Star’s net NPAs stand at less than 1%. This NBFC has raised over $150 million to date but its first cheque came from Matrix Partners India back in 2014. Today Lakshmipathy is in conversation with Matrix Partner India’s Managing Director Vikram Vaidyanathan

On the show, we bring you the story of Suchi Mukherjee’s ecommerce marketplace Limeroad. Founded in 2012, LimeRoad was focused on women’s fashion from day one, but it has recently expanded to men’s & kid’s wear space. Suchi is also looking to aggressively build a strong brick-and-mortar presence & has opened the first LimeRoad-branded store in Surat, Gujarat this year. The company has so far raised $50 million in three rounds of funding from Matrix Partners, Tiger Global and Lightspeed. Today Suchi Mukherjee is in conversation with Matrix Partner India’s Founder and Managing Director Avnish Bajaj.

CNBC-TV18’s Young Turks is India’s longest show on startups and since 2002, week over week we have been putting the spotlight on young entrepreneurs who have been pushing the boundaries to build innovative & sustainable businesses. Most of you who have taken the plunge know that an entrepreneur needs more than just a good idea, timing or even money. Sometimes to turn an innovative business idea into reality one needs guidance. So, over the years we have put together multiple tutorials with the who’s who of the startup world and corporate India via our Young Turks Mentor platform. And now through our brand new TV series – the Young Turks Masterclass – we are taking this a step further and expanding the range of mentorship.

In this episode of YT Master Class we have joined hands with Matrix Partners India. Part of the Boston based venture capital firm that manages $4 billion in assets across US, China and India – Matrix Partners India was founded in 2006 by founder of Bazee.com, Avnish Bajaj. With a focus on startups in the consumer tech, B2B, enterprise and the fin-tech space Matrix Partners India has $700 million under management. Over the years the #FOUNDERSFIRST philosophy has come to define their approach to investment and managing their portfolio of startups which include Ola Cabs, Practo, Quikr, Cloud Nine, Daily Hunt, Limeroad and MSwipe.

On the show today we bring you the story of Pranay Chulet's Quikr.

CNBC-TV18’s Young Turks is India’s longest show on startups and since 2002, week over week we have been putting the spotlight on young entrepreneurs who have been pushing the boundaries to build innovative & sustainable businesses. Most of you who have taken the plunge know that an entrepreneur needs more than just a good idea, timing or even money. Sometimes to turn an innovative business idea into reality one needs guidance. So, over the years we have put together multiple tutorials with the who’s who of the startup world and corporate India via our Young Turks Mentor platform. And now through our brand new TV series – the Young Turks Masterclass – we are taking this a step further and expanding the range of mentorship.

In our inaugural season of YT Master Class we have joined hands with Matrix Partners India. Part of the Boston based venture capital firm that manages $4 billion in assets across US, China and India – Matrix Partners India was founded in 2006 by founder of Bazee.com, Avnish Bajaj. With a focus on startups in the consumer tech, B2B, enterprise and the fin-tech space Matrix Partners India has $700 million under management. Over the years the #FOUNDERSFIRST philosophy has come to define their approach to investment and managing their portfolio of startups which include Ola Cabs, Practo, Quikr, Cloud Nine, Daily Hunt, Limeroad and MSwipe.

On the show today we bring you the story of Manish Patel’s MSwipe, a maker of point of sale or POS machines for merchants. MSwipe has deployed a network of 280,000 PoS terminals in India across 650 towns and cities since its inception in 2011. Apart from mobile PoS devices, the company also has a payment gateway for processing payments online and an automated payment settlement system for merchants. The venture has raised $65 million to date but its first cheque came from MSwipe back in 2013.

Today CNBC-TV18’s Megha Vishwanath is in conversation with Manish Patel and Matrix Partner India’s Managing Director Vikram Vaidyanathan.

Watch the video here.