Building A $250 Million SaaS Startup: Abhishek Nayak, Appsmith - Backstage With Millionaires
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 Published On Mar 13, 2023

Listen to this podcast as audio: https://open.spotify.com/episode/4VEW...

In this episode of Backstage With Millionaires podcast, we sit down with Abhishek Nayak, founder and CEO of Appsmith, to discuss his entrepreneurial journey.

00:00 - Intro
03:34 - Time at BITS Pilani
07:28 - Saying NO to a Job
09:10 - Meeting Co-Founder
11:03 - GharPay - First Startup
15:54 - Clink - Second Startup
19:00 - Wise - Third Startup
20:24 - Building Bicycle AI
24:50 - Pivot to Mobshow
28:50 - Time at Accel Launchpad
29:29 - Idea for Appsmith
34:30 - Initial Response
36:48 - Tasting Success
38:50 - Difficult Times
42:19 - Outro

Abhishek started his entrepreneurial journey in 2011, when he built 'GharPay', a platform to let e-commerce companies collect cash payments.

He then started Clinknow, a product in the transaction marketing space with the Gharpay team and investors.

After Ezetap acquired Clink, Abhishek worked as director of products at Ezetap before moving on to his next venture.

He started 'Wise' in 2015, a hardware startup, where their team built two products, but couldn't find a product-market fit, and hence pivoted to an AI started called Bicycle AI.

Bicycle AI applied deep learning and machine learning to automate customer service for companies. The team saw success there but had issues with the working on AI and hence shut it down.

Abhishek started Appsmith in 2019, an open source project that makes it easy to build and maintain custom internal business tools.

It has since raised over $51 Million, and is currently valued at over $250 Million.

Appsmith currently has a team of 140, and their clients are present in every country on the globe.

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#startup #entrepreneur #saas

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