Gagan Biyani

Last updated
Gagan Biyani
Born (1987-05-30) May 30, 1987 (age 36)
NationalityAmerican
Known forSprig, Udemy, Lyft
Website https://www.gaganbiyani.com

Gagan Biyani (born May 30, 1987) is an American of Indian descent [1] serial entrepreneur, marketer, and journalist. [2] [3] He was a co-founder of Udemy, an online education company, and was co-founder and CEO of Sprig, a food delivery company. [4]

Contents

Life and career

Biyani was born to Indian parents in Fremont, California. [5]

Early career

Biyani attended the University of California, Berkeley, and received a bachelor's degree in Economics. He began his career working at Accenture before transitioning into technology entrepreneurship and journalism. As a journalist, he covered mobile applications and technology at TechCrunch. [6] While there, he wrote a number of investigative journalism pieces, including one about a PR firm that was writing fake reviews on the App Store. [7] He broke the story in TechCrunch. According to The New York Times , [8] the findings led to an FTC investigation and Biyani's findings were quoted by the FTC's official documents.

Udemy

In 2009, Biyani co-founded Udemy, [9] [10] one of the first MOOC platforms. [2] Courses are offered across a breadth of categories, including business and entrepreneurship, academics, the arts, health and fitness, language, music, and technology. [11] Most classes are in practical subjects such as Excel software or using an iPhone camera. [12]

At Udemy, Biyani focused mainly on marketing, instructor acquisition, investor relations, finance, business development, and public relations. [13] As of 2018, the company claims to have over 24 million students and offers more than 80,000 courses [14] from thousands of teachers. As of 2019, Alexa counts Udemy among top 500 most-visited websites. [15]

Lyft & Growth Hackers Conference

After Udemy, [16] Biyani spent six months as a Growth Advisor at Lyft. [17] He soon left Lyft in 2013 to begin new ventures.

Biyani founded the Growth Hackers Conference in 2013, [18] which he co-founded with Erin Turner. [19] The event was in San Francisco and featured a number of well-known growth hackers, including Chamath Palihapitiya, Sean Ellis, Keith Rabois, and others. [20] [21] [22] [23]

Sprig

While at Lyft, Gagan came up with the idea for Sprig. While speaking with friends, he came up with the idea to start a food delivery service. [24] He left Lyft in 2013 to begin the venture into healthy home-cooked food. He partnered with a number of chefs, including Nate Keller, a former Executive Chef at Google's headquarters, [25] and Michelin-starred chef Kyle Connaughton, who served as culinary advisor. [26]

The concept for Sprig was to provide home cooked food via delivery. [27] [28] The startup claimed to allow users to order a “balanced meal”, which was prepared in Sprig's industrial kitchen and delivered in 15–20 minutes. Sprig's chef was Nate Keller, Google's former executive chef. [29]

In March 2014, Sprig raised $10 million in Series A funding from Greylock Partners with Battery Ventures and Accel participating. As part of the funding, Greylock partner Simon Rothman joined Sprig's board. [30] A year later, the company announced it had raised $45 million via its Series B funding round. [31]

In 2016, Biyani and his co-founder Neeraj Berry were named by Forbes in its 30 Under 30 list for Consumer Tech entrepreneurs. [32] Gagan was also part of the Fast Company's Most Creative People list around the same time. [33]

Sprig raised a total of $57 million and had over 1,300 employees [34] [35] at its peak, but announced in late 2017 that it would no longer be operational. [36] [37] [38] In his closing e-mail, Biyani cited challenges in the complexity of the operations as reasons for the closure. [39] [ failed verification ] According to Biyani's Twitter story about Sprig, one of the causes of Sprig's failure was the rise of Uber Eats. [40] According to TechCrunch, [41] a number of other startups in the same industry also closed in 2017, including venture-backed SpoonRocket and Maple. [42]

Related Research Articles

<span class="mw-page-title-main">Jason Calacanis</span> American businessman

Jason McCabe Calacanis is an American Internet entrepreneur, angel investor, author and podcaster.

Founders Fund is a San Francisco based venture capital firm. Formed in 2005, Founders Fund had more than $11 billion in aggregate capital under management as of 2022. The firm invests across all stages and sectors, including aerospace, artificial intelligence, advanced computing, energy, health, and consumer Internet, with a portfolio that includes Airbnb, Lyft, Spotify, Stripe, and Oscar Health. Founders Fund was the first institutional investor in Space Exploration Technologies (SpaceX) and Palantir Technologies, and one of the earliest investors in Facebook. The firm’s partners, including Peter Thiel, Ken Howery and Brian Singerman, have been founders, early employees and investors at companies including PayPal, Google, Palantir Technologies, and SpaceX.

Redpoint Ventures is an American venture capital firm focused on investments in seed, early and growth-stage companies.

Andreessen Horowitz is a private American venture capital firm, founded in 2009 by Marc Andreessen and Ben Horowitz. The company is headquartered in Menlo Park, California. As of April 2023, Andreessen Horowitz ranks first on the list of venture capital firms by AUM.

<span class="mw-page-title-main">500 Global</span> U.S. startup accelerator

500 Global is an early-stage venture fund and seed accelerator founded in 2010 by Dave McClure and Christine Tsai. The fund admitted a first "class" of twelve startups to its incubator office in Mountain View, California in February 2011. They expanded to a second class of 21 in June 2011 and a third class of 34 in October 2011.

<span class="mw-page-title-main">Udemy</span> American online learning platform

Udemy, Inc. is an education technology company that provides an online learning and teaching platform. It was founded in May 2010 by Eren Bali, Gagan Biyani, and Oktay Caglar.

<span class="mw-page-title-main">SendGrid</span> Email delivery service

SendGrid is a Denver, Colorado-based customer communication platform for transactional and marketing email. The company was founded by Isaac Saldana, Jose Lopez, and Tim Jenkins in 2009, and incubated through the Techstars accelerator program. As of 2017, SendGrid has raised over $81 million and has offices in Denver, Colorado; Boulder, Colorado; Irvine, California; Redwood City, California; and London.

Sidecar was a US-based vehicle for hire company that provided transportation and delivery services. It was founded in 2011 in San Francisco and closed on December 31, 2015.

Growth hacking is a subfield of marketing focused on the rapid growth of a company. It is referred to as both a process and a set of cross-disciplinary (digital) skills. The goal is to regularly conduct experiments, which can include A/B testing, that will lead to improving the customer journey, and replicate and scale the ideas that work and modify or abandon the ones that do not, before investing a lot of resources. It started in relation to early-stage startups that need rapid growth within a short time on tight budgets, and also reached bigger corporate companies.

Foodpanda is an online food and grocery delivery platform owned by Berlin-based Delivery Hero. Foodpanda operates as the lead brand for Delivery Hero in Asia, with its headquarters in Singapore. It is currently the largest food and grocery delivery platform in Asia, outside of China, operating in 12 markets across Asia.

<span class="mw-page-title-main">Deliv</span> Former American same-day delivery company

Deliv Inc. was a Menlo Park-based crowdshipping, same-day delivery startup Deliv provided last mile transportation services. Deliv was founded in 2012 by Daphne Carmeli, who also served as CEO of the company, and offered same-day service to mall shoppers.

<span class="mw-page-title-main">Munchery</span>

Munchery Inc. was an online food ordering and meal delivery service that served parts of San Francisco, Seattle, and New York City. The company shut down abruptly on January 21, 2019. It was valued at $300 million. The website currently relaunched as a recipes-only website.

Snap Inc. is an American camera and social media company, founded on September 16, 2011, by Evan Spiegel, Bobby Murphy, and Reggie Brown based in Santa Monica, California. The company developed and maintains technological products and services, namely Snapchat, Spectacles, and Bitmoji. The company was named Snapchat Inc. at its inception, but it was rebranded Snap Inc. on September 24, 2016, in order to include the Spectacles product under the company name.

Zume, Inc. was an American manufacturing-technology company headquartered in Camarillo, California. Founded in 2015 as an automated pizza parlor, in 2020 the company shifted to food packaging and delivery logistics. In June 2023, the company was shut down.

Plated was an American ingredient-and-recipe meal kit service that has been acquired by Albertsons. The company was founded in 2012 and became well known through its participation in Techstars in 2013, Shark Tank in 2014 and Beyond the Tank in 2015. Plated's founders, Nick Taranto and Josh Hix, earned a deal on Shark Tank that fell through, but negotiated a deal with another investor after the show was filmed. The company accepted several rounds of venture capital investments and remained private until it was acquired by Albertsons in September 2017.

<span class="mw-page-title-main">Travis VanderZanden</span>

Travis VanderZanden is an American businessman and the founder and current CEO of Bird, a scooter sharing service. Before founding Bird, VanderZanden was Chief Operating Officer at Lyft, then VP of International Growth at Uber.

Swiggy is an Indian online food ordering and delivery platform. Founded in 2014, Swiggy is headquartered in Bangalore and operates in more than 500 Indian cities as of September 2021. Besides food delivery, the platform also provides on-demand grocery deliveries under the name Instamart, and same-day package delivery service called Swiggy Genie.

<span class="mw-page-title-main">Eren Bali</span> Turkish engineer and technology entrepreneur

Eren Bali is a Turkish engineer and technology entrepreneur based in the United States. He was the founding CEO of Udemy, a platform and marketplace for massive open online courses (MOOCs), and he is now the founder and CEO of Carbon Health, a primary healthcare franchise based in San Francisco.

Contrary is a San Francisco-based venture capital firm. Formed in 2016, the firm invests across early stage companies in North America and India. Select investments from the firm include DoorDash, Anduril, Ramp, Zepto, and Vise.

References

  1. "Food Delivery Start-Up Sprig Raises $45 Million - India West: Business". Archived from the original on 2015-06-30. Retrieved 2015-06-30.
  2. 1 2 DEAMICIS, CARMEL. "Lyft's former interim head of growth thinks food is the next big startup market". pandodaily.
  3. GERBER, SCOTT (25 October 2012). "Udemy Founder Gagan Biyani Answers Reader Questions [LIVE CHAT]". Mashable.
  4. "Linkedin".
  5. "About Me".
  6. "Search Results for "Gagan Biyani" – TechCrunch" . Retrieved 2019-04-27.
  7. "Cheating the App Store: PR firm has interns post positive reviews for clients [UPDATED]". TechCrunch. 22 August 2009. Retrieved 2019-04-27.
  8. Helft, Miguel (2010-08-26). "Reverb P.R. Firm Settles Case on Fake Reviews". The New York Times. ISSN   0362-4331 . Retrieved 2019-04-27.
  9. "Udemy Scores $1M In Seed Funding, Aims To Democratize Online Learning". TechCrunch. 31 August 2010. Retrieved 2019-04-27.
  10. "How Udemy's First-Time Founder Raised $1 Million For His Startup – with Gagan Biyani". Mixergy. Retrieved 2019-04-27.
  11. "Udemy for Business | The destination for workplace learning". Udemy for Business. Retrieved 2019-04-27.
  12. "With Over 6,000 Courses Now Live, Udemy Brings Its Learning Marketplace To iOS To Let You Study On The Go". TechCrunch. 3 April 2013. Retrieved 2019-04-27.
  13. "How Udemy Found Their First 1,000 Instructors... Tips For Building a Marketplace with Gagan Biyani". The Hustle. 2014-12-16. Retrieved 2019-04-27.
  14. "The New York Times – Search". The New York Times . Retrieved 2019-04-27.
  15. "Udemy.com Traffic, Demographics and Competitors – Alexa". alexa.com. Archived from the original on 2020-06-21. Retrieved 2019-04-27.
  16. "This Is How Growth Hacking Got Udemy To A $6 Mil Run Rate – with Gagan Biyani". Mixergy. Retrieved 2019-04-27.
  17. "Lyft's former interim head of growth thinks food is the next big startup market". Pando. 2013-12-04. Retrieved 2019-04-26.
  18. "Chamath Palihapitiya On Growth Hacking And How To Create A Sustainable User Acquisition Engine". TechCrunch. 14 January 2013. Retrieved 2019-04-27.
  19. "GrowthHackers Conference 2019 #GHConf19". GrowthHackers Conference 2019 #GHConf19. Retrieved 2019-04-27.
  20. "Growth Hacking: an Introduction". Udemy. Retrieved 2019-04-27.
  21. "Growth Hackers Conference 2013A Detailed Bullet-Point Summary". Backblaze Blog | Cloud Storage & Cloud Backup. 2013-11-08. Retrieved 2019-04-27.
  22. "Growth Hacking: Learning to Navigate the Stages of Growth". Udemy. Retrieved 2019-04-27.
  23. "6 important lessons from this year's Growth Hacker Conference". VentureBeat. 2013-05-10. Retrieved 2019-04-27.
  24. "Gagan Biyani Selected as a Top Startup Mentor of 2012". The Founder Institute. Retrieved 2019-04-26.
  25. Shontell, Alyson (2014-08-19). "Google's Former Executive Chef Is Creating 'The Easiest Way To Eat Well In The World' With A 3-Tap Food Delivery App, Sprig". Business Insider Australia. Retrieved 2019-04-27.
  26. Frojo, Renée (November 25, 2013). "Ex-Google chef, tech veteran launch food delivery service". San Francisco Business Times.
  27. "Sprig founder Gagan Biyani on trying to build the largest healthy and organic restaurant". TechCrunch. 8 April 2016. Retrieved 2019-04-27.
  28. "Sprig Wants To Kill Fast Food And Make Braised Kale More Accessible". TechCrunch. 23 September 2015. Retrieved 2019-04-27.
  29. Dispatches, News. "Food Delivery Start-Up Sprig Raises $45 Million". India West. Retrieved 2019-04-26.{{cite web}}: |first= has generic name (help)
  30. Carpenter, John (9 June 2015). "Sprig brings healthy meal delivery from Silicon Valley to Chicago". chicagotribune.com. Retrieved 2019-04-27.
  31. "Sprig Raises $45M". TechCrunch. 15 April 2015. Retrieved 2019-04-27.
  32. "Gagan Biyani, 28, Neeraj Berry, 28". Forbes. Archived from the original on January 4, 2016. Retrieved 2019-04-27.
  33. "Gagan Biyani, Most Creative People". Fast Company. Retrieved 2019-04-27.
  34. Bercovici, Jeff (2015-08-06). "Yet Another On-Demand Startup Exits the Gig Economy". Inc.com. Retrieved 2019-04-27.
  35. "Amid backlash, lawsuits, more delivery startups converting contractors to employees". The Mercury News. 2015-08-06. Retrieved 2019-04-27.
  36. "Sprig Shuts Down Its Once Popular Food Delivery App: SFist". SFist – San Francisco News, Restaurants, Events, & Sports. 2017-05-26. Archived from the original on 2019-04-27. Retrieved 2019-04-27.
  37. "Sprig Is the Latest Meal Delivery Service to Shut Down". Fortune. Retrieved 2019-04-27.
  38. Pershan, Caleb (2017-05-26). "Food Delivery Startup Sprig Shutting Down Immediately". Eater SF. Retrieved 2019-04-27.
  39. Kessler, Sarah (2016-06-20). "The On-Demand Economy Hits The Reset Button". Fast Company. Retrieved 2019-04-27.
  40. @gaganbiyani (27 May 2020). "Nobody talks about failure in Silicon Valley, yet 90% of startups fail.Why?3 yrs ago, @neerajberry and I shut d…" (Tweet) via Twitter.
  41. "On-demand food startup Sprig is shutting down today". TechCrunch. 26 May 2017. Retrieved 2019-04-27.
  42. Startups, This Week in (2016-02-10). "Gagan Biyani , Co-Founder & CEO of Sprig Talks Unit Economics, Money, and More". Medium. Retrieved 2019-04-27.