Listen "₹40,000 Crore Profitable Unicorn | Monish Darda on AI’s Future, Entrepreneurship & SaaS Success."
Episode Synopsis
About Guest:Monish Darda is the Co-founder and CTO of Icertis, a leading SaaS company valued at $5 billion. With over 16 years at Icertis, he has driven innovation in contract lifecycle management. He also co-founded CloudMoyo and Websym Technologies, showcasing his entrepreneurial expertise. Monish has held leadership roles at BMC Software, BladeLogic, and Storability Software, making significant contributions to the tech industry with his visionary leadership.In this podcast, Monish Darda shares insights on building Icertis into a $5 billion SaaS leader, the importance of contract lifecycle management, and how AI is transforming enterprise solutions. He discusses leadership lessons, scaling challenges, and the significance of innovation. Monish also touches on entrepreneurship, the future of AI in legal tech, and the need for strong company culture to drive long-term success in a competitive market.Timestamps:00:00 Introduction00:06 Building a Consequential Company00:17 The Hunger for Success00:29 Journey into Computers01:03 Challenges of Early Programming01:45 The Dot-Com Boom Experience02:24 Founding Icertis02:32 Understanding Contract Lifecycle Management02:57 The Birth of Icertis03:02 First Steps into CLM03:31 Securing Microsoft as a Client04:36 Scaling Up with Enterprise Clients06:47 The Importance of Focus07:26 Transition from Mechanical Engineering to Software07:55 The Role of Serendipity08:57 Early Programming Challenges12:24 Returning to India14:09 The Entrepreneurial Journey18:49 The Importance of Culture and Values28:27 The Role of Serendipity in Success34:24 Pioneering Legal Tech: A Conservative Field35:17 Legal Tech's Evolution and Market Dynamics35:30 Icertis: Beyond Legal Tech36:50 The Role of LLMs in Legal Tech37:47 AI's Impact on Contract Drafting38:29 Legal System Challenges in India39:24 India's Leapfrogging Potential with AI42:10 Replicating Success: Lessons from Retail and Tech43:00 Building for the World from India43:17 Creating or Riding the Wave: A Founder's Perspective46:13 The Brain Drain and Its Reversal49:37 The Role of Multinationals in India's Growth51:04 The Importance of Mentorship and Local Expertise51:40 Balancing Work and Personal Interests52:28 Gaming and Reading: Stress Relievers55:10 Recommended Reads and Their Impact56:07 Identifying White Spaces and Opportunities01:00:22 Advice for Aspiring CTOs01:02:52 Predicting Customer Behavior with AI01:04:21 Rapid Fire: Personal Insights and PredictionsCredits: Host: Shivank Joshi - https://www.linkedin.com/in/shivankjoshi-2001/Thumbnail: YaaSPost Production: YaaSSupport: Zerodha ( https://zero1byzerodha.com/network )Disclaimer:The views, thoughts, and opinions expressed by the speaker and host are their own and do not represent those of the Exploring Minds platform. The information provided in this podcast is for educational purposes only and does not constitute financial or investment advice. All products and company names mentioned are the property of their respective owners, and their use does not imply any endorsement or opposition.#MonishDarda #Icertis #CloudMoyo #WebsymTechnologies #BMCSoftware #BladeLogic #StorabilitySoftware #SaaS #EnterpriseSoftware #AIinBusiness #ContractManagement #LegalTech #Entrepreneurship #TechLeadership #AIInnovation #FutureOfAI #StartupJourney #BusinessGrowth #LeadershipLessons #TechTransformation #ScalingAStartup #SaaSSuccess #EnterpriseAI #InnovationInTech #EntrepreneurLife #SaaSUnicorn
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