Published: July 31, 2023, 3 a.m.
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We spoke with Nishith Gupta, Director\\xa0
Sapana Carpet-Mats\\xa0- a leading brand with a market share of 50-55% among branded plastic mats in India.
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\\nConsidering the lower propensity to spend on home d\\xe9cor among Indians vs. the west, Sapana decided to explore the world of plastic mats as they were much more affordable than conventional carpets.\\xa0
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\\nThe company operates through an omnichannel distribution model with over 30,000 retail stores across India and a robust online presence. The 100% family-owned business recently clocked revenues of INR135cr.
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\\nListen in for a super interesting chat to understand how Nishith, a 2nd generation entrepreneur is navigating and scaling a business in a rather traditional industry through rapid technological and distribution disruptions.
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\\nHope you enjoy this TRANSFIN. Podcast with
Nikhil Arora and
Sharath Toopran, where we converse with entrepreneurs and business operators running successful startups, profitable SMEs and family promoted firms on one end, and top investment professionals representing VC/PE/credit funds on the other.
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\\nThe objective is to bring out an "actionable" perspective converging the world of business and investing.
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\\nIf you\'re a founder and if you\'d like us to drill down your model, feel free to drop us a line at edit@transfin.in
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