The Curated Circle Interview

Rahul Pai

Rahul Pai

Rahul Pai

Co Founder, PropertyAngel

PropertyAngel

A serial entrepreneur who built PropertyAngel from zero to 1500 Cr+ AUM without raising a single rupee of funding. Rahul shares his journey of calculated risk-taking and building on core strengths.

Tell us about your journey and how it has moulded you as a person?

Each entrepreneur's journey is different. Mine started very early! I had to decide between a college placement opportunity with an MNC, or going it alone. At the time, I had freshly read Rich Dad/Poor Dad so freshly [or naively!] inspired, I just took the plunge! & quite frankly, even though I have had a fair share of hits & misses — I haven't looked back. I've never felt I've missed out on any fancy MNC job/fancy titles — I've just been happy, for better or worse, to explore the road less taken, as Robert Frost puts it!

God has been kind. We have taken a small family business which was essentially a small shop set up at the start, & are building it, brick by brick, patiently & thoughtfully, on its core strengths of deep goodwill, trust & customer centricity.

While my Co Founder & better half Sapna is blazing her own trail in our allied business — A Proptech enabled Property Asset Management business, PropertyAngel, which we built together from zero to a 1500 Cr+ of AUM & still growing. And proud to say, we haven't raised a single rupee of funding for it, nor any debt — it's a closely held, profitable, growing & steady business.

What are the key ingredients to achieve success?

It's the basics which count in any business — Put your customer first, there are no shortcuts, so act with integrity & transparency, first & foremost. Put in the hours, the hard work. Again, there is no substitute for the basics. Aim for the basics, get them right first, then look for the stars & spotlight, the funding etc., & not the reverse which seems to be the norm these days!

How do you handle failures and setbacks?

Learn from them! Each day is an opportunity to improve your life.

What's the one word or phrase that defines you?

Calculated risk taker

How would you mentor/advise people who are struggling in their lives?

Examine your relationship with the Almighty. Seek help — there is no harm in admitting you need help.

What's the one quote that defines your approach to life?

"Just Do It!"

Your company is enhancing property management constantly. Please tell us more about your pursuits.

We're creating a Desi IPC [International Property Consultant] right here, Make in India. The comparable giants are the Cushman Wakefields, Knight Franks, & JLL's of the world, who are large, publicly listed MNCs having Billions of Dollars of Market Capitalization.

So right from buying/selling of ultra high end real estate for HNIs, institutional-grade commercial real estate to turnkey Property Management, to Loans, funding & finally, Institutional Property Investments & specialized Fund Management, there are dedicated & highly specialized & experienced teams set up to drive each of those activities.

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