Bootstrapping Success & Retention Strategies

Last Saturday, I had the privilege of moderating a stellar panel on Bootstrapping at Draper Startup House in collaboration with eChai Ventures – and it was truly a session to remember.

I was thrilled to host some of the most inspiring and talented founders:

Amal Mishra, Co-founder of Urban Vault, who shared his remarkable journey of bootstrapping to 57 managed workspaces in Bangalore. His story of overcoming asset-heavy challenges by leveraging his furnishing business showed us the power of strategic thinking.

Vikas Bardia, CFA, Co-founder of Shoffr, captivated the audience with how he led one of India’s first customer-led funding rounds, raising $1.1M from 110 customers! He bootstrapped to 57 cars, and post-funding, has now scaled to 110 cars. His insights on maintaining a bootstrapped mentality while growing were incredibly valuable. As he put it, “The service inside the car is broken, not the app.”

Jeevan Gnanam, from Sri Lanka’s Hatch Works – one of Asia’s top coworking spaces – and co-founder of SpectrifyAI, shared key insights on scaling businesses while managing multiple ventures. His focus on hiring champions who help you grow was a game changer.

Rishav Agarwal, founder of Picxele™ and angel investor in 60 startups (including Zypp electric & Crib), gave a masterclass on what angel investors look for in founders and the red flags to avoid.

Despite the rain, we had a full house with 82+ attendees – a testament to the energy and passion of the startup community.

Don't miss out! This Saturday, we’re back with an amazing VC panel to dive into fundraising strategies and expert insights from the best in the game.

The eChai Effect - In Their Words

"eChai has played a truly pivotal role in HummingBird’s journey — even before Day Zero. From ideation to establishment and into growth, it’s been a constant source of support. It connected me with incredible people who’ve become more than just friends. One of the biggest reasons I chose to stay in Ahmedabad is because of the eChai community. It has shaped my growth — both personally and professionally — in ways that are hard to articulate. Honestly, words fall short when I try to express what eChai means to me. I’m deeply thankful and forever grateful to eChai for being such an integral part of my journey."
Harsha Bhurani - Founder, HummingBird Consulting Group
Harsha Bhurani
Founder, HummingBird Consulting Group
"For me, eChai is a second home. I've been associated with it since the early days, when it was already setting a different tone for how startup communities could work. As a traditional business owner entering the new-age D2C space, eChai supported me in every direction. Over the years, it became my window to the startup world — and also gave me lifelong friends who continue to show up, for business and beyond."
Pankaj Bhimani - Founder, 58miles
Pankaj Bhimani
Founder, 58miles
"We found eChai to be a force multiplier throughout our startup journey. Through it, we connected with folks from DevX, Allevents, Plutomen, and more - many of whom became friends of IndiaBizForSale.com and even part of our clientele."
Bhavin S Bhagat - Co-founder of Indiabizforsale and IBGrid, TiE Ahmedabad President
Bhavin S Bhagat
Co-founder of Indiabizforsale and IBGrid, TiE Ahmedabad President

eChai Partner Brands

eChai Ventures partners with select brands as their growth partner - working together to explore new ideas, open doors, and build momentum across the startup ecosystem.