SaaS from Scratch: Saahil Goel on Building Shiprocket: 7 Years of Pivots, β‚Ή10L to India's Largest E-Commerce Enablement Platform

PODCAST
CONVERSATIONS
2 min
April 28, 2026
We’re excited to share that our portfolio company, Digantara, has raised a $50 million Series B round.

We congratulate Anirudh, Tanveer and Rahul and the entire Digantara team on this incredible milestone. Since our seed investment in 2021, the team has demonstrated deep commitment to their core mission – making space more accessible and building a comprehensive space situational awareness & surveillance platform.

"We didn't start thinking we were a startup. We were starting a business. We just didn't know what a startup was."

Saahil Goel spent 12 years building Shiprocket starting with β‚Ή10 lakh each, a website builder nobody wanted, and a logistics problem that looked too thin to investors on every metric that mattered.

In this episode of SaaS from Scratch, Vani Kola sits down with Sahil to unpack how two first-time founders with no startup playbook and no product-market fit spent seven years figuring out the right problem before they found the right answer and built India's largest e-commerce enablement platform in the process.

They started by trying to build Shopify for India. Then added shipping. Then payments. Then realized the real opportunity was the 100,000 merchants trying to sell outside Amazon and Flipkart with zero infrastructure to support them.

What the episode covers:
β€” Why passion beats courage and why the startup idea becoming bigger than the startup is the fastest way to fail
β€” The "commit to the cause, not the product" principle that kept Shiprocket alive through seven years of iteration
β€” How Sahil's uncle's shoe brand accidentally pointed him toward a β‚Ή100Cr+ market gap
β€” The India SMB inclusion problem every founder sees and almost nobody wants to be patient enough to solve
β€” Why you should put your best people on what you haven't built yet, not what's already working
β€” Acquiring five companies and what everyone underestimates about merging systems while the engine is running
β€” The Longshots framework that changed how Shiprocket thinks about running a -1 to zero project alongside a 100 to 1,000 business
β€” Why a 10% better valuation means nothing and who you're getting into bed with means everything

This is a founder who didn't read the startup playbook because there wasn't one yet in India. He built the company as a business first, survived the pivot years, and came out the other side with a category-defining platform. Everything he learned the hard way is in this conversation.

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