The journey of building a 2000cr MCap MFI | HP Singh @ Satin Creditcare
Description
There are two types of entrepreneurs that we celebrate. The first one is the founder who raised a lot of money and built a highly valued startup on the back of investor money.
The second type of entrepreneur - which we think is really the more special type of entrepreneur, is one who started from scratch and built up a business brick by brick on the back of his hustle and grit.
HP Singh is a great example of the second type of entrepreneur. He was a CA who accidentally got a chance to start a lending business in the nineteen nineties and has since then built up Satin Creditcare into one of the few listed micro finance companies in India - which today employs about 12 thousand people and has a market capitalization of 2,000 crores.
This is truly a story of the old-fashioned approach of building a business using grit, resilience and a bit of luck and HP Singh shares tons of lessons for aspiring entrepreneurs.
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