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

"If there’s one phrase that sums up my journey, it’s truly ‘The eChai Effect.’ Six years ago, I simply walked into my first eChai event, not knowing what to expect. The honest conversations, energy, and inspiration from founders and entrepreneurs struck a chord within me. That eChai spark became the catalyst for everything to follow. I proudly say: my entrepreneurship journey started—and keeps evolving—because of eChai. Redicine Medsol’s story is integrally linked to this community. I’ve gained so much, not just as a founder but as a forever volunteer and grateful member of the eChai family. With all my heart, thank you Jatin Bhai and everyone at eChai for shaping, guiding, and supporting my dreams. The eChai Effect will always be a part of my story."
Kush Prajapati - Founder, Redicine Medsol
Kush Prajapati
Founder, Redicine Medsol
"At DevX.Work, we’ve greatly benefited from our association with eChai. Their events and networking forums have connected us with high-potential startups, ecosystem leaders, and innovation-driven professionals — many of whom have become valuable partners, collaborators, and even clients. What stands out most is the openness and accessibility of the community — whether you're an early-stage founder or an experienced entrepreneur, eChai provides a welcoming space to learn, collaborate, and grow. It's more than just a network — it's a catalyst for real, collaborative growth. We’re proud to be part of the eChai community. Highly recommended for any organization aiming to grow within the startup space."
Umesh Uttamchandani - Co-Founder, DevX
Umesh Uttamchandani
Co-Founder, DevX
“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

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.