Episode Description
Podcast guest is Atul Shinghal, founder and CEO of Scripbox, a company that has played an important role in making it easy for people to invest in mutual funds in India. And Scripbox is now evolving into a broader wealth management platform. Shinghal is also co-founder of Probe Information Services, which provides financial information on companies in India. He has a degree in naval architecture from IIT Madras and an MBA from IIM Bangalore.
() Brief bio of Atul Shinghal
() How Scripbox was started — marrying the combination of investing and the power of digital
() An old boys gang in a manner of speaking — the three founders of Scripbox
() About Scripbox, the idea it was started with, and what it has evolved into today
() The scale of Scripbox’s operations today
() The first product — just one basket of four funds, for long-term money, based on the analysis that too much choice is counter-productive
() Seven thousand rupee millionaires who got that way on via Scripbox — with an average growth of 7X; Mantra of ‘stay invested, keep investing’
() Evolution into broader wealth management platform — ‘one home for all your money’
() If you have 100 rupees, play with 5 but protect and grow the remaining 95 rupees.
() The tech that power Scripbox — applied intelligence, but not artificial intelligence.
() Early challenges of getting Scripbox off the ground
() Breakthroughs that helped Scripbox grow
() Advice to the man on the street on approach to investing in an uncertain world
() Accidental entrepreneur
() From naval architecture to finance
() Lessons from building Scripbox — the need for speed, but also patience
() From just specific mutual funds to a ‘full-stack’ wealth management platform — 4X growth in last 18 months
() Lessons learnt in transitioning from founder of a small venture to CEO of a bigger company
() Early influences
() Going to South Africa
() Coming back to India
() Low points and high points — from skipping salaries to customers loving Scripbox
() Rapid fire questions
