In this episode of the 100x Entrepreneur podcast, we chat with Ranjeet Pratap Singh, Co-Founder of Pratilipi.

Ranjeet Pratap Singh is the Co-founder & CEO of Pratilipi. Prior to Pratilipi, he worked at Vodafone with stints in Marketing, Retail, and Channel Sales.

Pratilipi, is the largest vernacular Indian story-telling platform with over 320,000 writers in 12 languages and over 25+ million Monthly Active Readers.

There are several sub-categories and sub-products within the brand such as – Pratilipi Literature, Pratilipi Comics, Pratilipi FM & their latest acquisition IVM Podcasts.

During the podcast, Ranjeet talks about simplifying the creation of online consumer internet companies, creating their own definition of growth, giving ownership to employees to define their plan of action, and set their individual North star metrics amongst other work culture practices followed at Pratilipi.

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Notes –

00:00 - Introduction
01:03 – Pratilipi – Vernacular self-published content platform
02:53 – Problem statement behind starting Pratilipi
05:04 – Onboarding first set of users & building traction on the platform
06:11 – Current scale in terms of authors, stories, & readers
07:19 – Revenue model: Brand advertising for IVM Podcasts
08:34 – Revenue model: Subscription & Virtual gifting for Pratilipi Literature
10:22 – Revenue model: Early access model for Pratilipi Comics
11:45 – Optimising your odds based on a long-term future as a founder
12:49 – Challenges while raising initial funding
16:12 – Transparency & Ownership amongst employees
19:10 – The thought process behind hiring: “We don’t look at people as dots, but we look at people as journeys.”
21:22 – Adopting things from work culture at Freecharge, CRED & Flipkart amongst others
25:31 – Setting product-wise North-star & check metrics
28:44 – Not following the general Growth Playbook
31:22 – Future goals as a platform: Democratizing Storytelling
32:33 – Thesis behind Audio Content: IVM Podcast & Pratilipi FM
39:24 – Things that didn’t work out at Pratilipi

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