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

"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
“You don’t plan to build a company via eChai. You just keep showing up … and one day, you realize you did.” I’ve known Jatin since 2012, when I was still deciding what kind of second innings I wanted to play as an entrepreneur. Over the years, through events, chai breaks, intros, and seemingly small conversations, eChai helped shape not just Upsquare but also refined the lens through which we see collaboration. At Upsquare, we’ve hired talent, met partners, discovered co-investors, and built lifelong friendships. One of our joint ventures exists today only because a casual eChai memory sparked a deeper trust. Now, as we build House of Starts — our venture builder — eChai continues to fuel our mission: co-creating a shared future. eChai isn’t just a startup network. It’s a trust network. And for business builders like me, that makes all the difference."
Utpal Vaishnav - Founder @ Upsquare & House of Starts • Angel Investor + LP
Utpal Vaishnav
Founder @ Upsquare & House of Starts • Angel Investor + LP
"From late-night brainstorming over chai to early morning founder calls, eChai has been more than just a network for me; it’s been home base for ideas, impact, and inspiration. What started as a simple meetup years ago turned into a powerful movement, connecting founders, creators, and dreamers. I’ve had the privilege of seeing startups find product-market fit, marketers (like me) find unexpected collaborations, and most importantly, people finding their tribe. संगच्छध्वं संवदध्वं – Let us move together, speak together. It’s not just a verse from the Rigveda — it’s how Jatin and the entire eChai community truly operate. We don’t just network, we grow together. Forever grateful to be a part of the eChai Effect.
Jaydip Parikh - Chief Everything Officer at Tej SolPro
Jaydip Parikh
Chief Everything Officer at Tej SolPro

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.