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Artwork for Interstellar by Stellaris

Interstellar by Stellaris

Stellaris Venture Partners
Swiggy
Vertical Quick Commerce
Myntra
India
District
AI In Travel
Gen Z
OYO
Flipkart
Zomato
Quick Commerce
India Travel Industry
Generative AI

Interstellar takes you behind the scenes with the stellar founders, business builders, and next-gen leaders driving India’s startup ecosystem. Hosted by the Stellaris team, our conversations explore the bold strategies, resilience-building setbacks, and transformative scale that define some of India’s most remarkable businesses. Whether you’re a builder, dreamer, or simply curious, join us as we u... more

PublishesInfrequentlyEpisodes13Founded2 years ago
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EntrepreneurshipBusiness

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Artwork for Interstellar by Stellaris

Latest Episodes

Membership and loyalty programs are one of the most powerful growth levers in consumer businesses, yet 90-95% of them fail. Most companies treat them as a feature bolted on top of the product. The ones that survive treat them as a strategic operating... more

Travel is one of the earliest internet categories in India, yet it still feels unfinished. Millions of people book flights in seconds… but still walk into hotels to book a room. Planning a single trip involves dozens of decisions across multiple plat... more

Experiences are emerging as a new layer of India’s consumer economy. From large global concerts to hyperlocal community events, consumers are increasingly stepping out not just for entertainment, but for identity, belonging, and participation.

This ... more

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As the world around him changed, Rohit Kapoor chose to reinvent himself. Curiosity led him into the startup world — from reimagining Indian hospitality at OYO to now powering India’s food story at Swiggy.

His biggest learning: Hyperlocal logistics i... more

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Recent Guests

Anuj Rathi
Founder and former head of product at Swiggy; ex-Flipkart/Cleartrip executive
Swiggy, Flipkart, Cleartrip
Episode: EP 12| Why 90% of Membership Programs Fail (And How to Build One That Doesn't) | Interstellar ft. Anuj Rathi
Deep Kalra
Founder of MakeMyTrip
MakeMyTrip
Episode: Ep. 11 | Can AI Fix the Broken Travel Industry | Ft. Deep Kalra (MakeMyTrip), Aloke Bajpai (ixigo) & Hari Ganapathy (PickYourTrail)
Aloke Bajpai
Founder of Ixigo
ixigo
Episode: Ep. 11 | Can AI Fix the Broken Travel Industry | Ft. Deep Kalra (MakeMyTrip), Aloke Bajpai (ixigo) & Hari Ganapathy (PickYourTrail)
Hari Ganapathy
Founder of PickYourTrail
PickYourTrail
Episode: Ep. 11 | Can AI Fix the Broken Travel Industry | Ft. Deep Kalra (MakeMyTrip), Aloke Bajpai (ixigo) & Hari Ganapathy (PickYourTrail)
Rahul Ganjoo
CEO/leader with experience across Six Apart, Twitter, Snapdeal, Zomato, and District
District
Episode: EP. 10 | How India's Going-Out Culture is Evolving | Interstellar ft. Rahul Ganjoo
Rohit Kapoor
Executive with Max Healthcare background, joined Swiggy in 2018 as CEO of Swiggy's food marketplace
Swiggy
Episode: EP. 9 | How Swiggy Is Building for India’s New Consumer | Interstellar ft. Rohit Kapoor
Nandita Sinha
CEO of Myntra
Myntra
Episode: EP 8 | Building & Scaling Fashion Brands in India | Interstellar ft. Nandita Sinha, Myntra
Mayank Jain
Investor; portfolio focus on consumer tech and e-commerce in India
Stellaris/Interstellar (as host discussion)
Episode: EP. 7 | The Next Big Bets in Quick Commerce: Deep Dive on Fashion, Baby & Kids, Beauty | Interstellar ft. Mayank Jain
Smrithi Ravichandran
Engineer by training, MBA from IAM Cozycode; led Flipkart's mobile category and later managed mobile and travel categories
Flipkart
Episode: Ep. 6 | How I Built Flipkart's Mobile Business from Scratch | Interstellar ft. Smrithi Ravichandran

Host

Rahul
Host of Interstellar, Stellaris (Interstellar)

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Talking Points

Recent interactions between the hosts and their guests.

EP 12| Why 90% of Membership Programs Fail (And How to Build One That Doesn't) | Interstellar ft. Anuj Rathi
Q: What are the top three reasons Swiggy One succeeded where others failed?
First, understanding and packaging benefits that really matter to the right cohorts; second, maintaining a long-term view with disciplined capital allocation and menu of adjustable levers; third, ensuring flexibility and continuous learning from the market so the program can adapt rather than remain rigid.
EP 12| Why 90% of Membership Programs Fail (And How to Build One That Doesn't) | Interstellar ft. Anuj Rathi
Q: The controversial statement about 90-95% of membership programs failing—can you explain why you think that happens?
The failure largely comes from treating membership as a one-off jab instead of an integrated growth operating system. Programs are launched without a true multi-horizon P&L view, without aligning incentives across teams, and without clear, cohort-based payoff models. When early results tempt you to scale before profits exist, the program becomes unprofitable and unsustainable.
EP. 7 | The Next Big Bets in Quick Commerce: Deep Dive on Fashion, Baby & Kids, Beauty | Interstellar ft. Mayank Jain
Q: Can you lay out the framework you use to evaluate whether a vertical is fit for quick commerce?
Three fundamental questions: first, is the category truly a quick-commerce category with a high enough buying frequency? second, does the category need specialization that horizontal players cannot replicate, justifying a vertical? and third, will the economics work at both order and store levels, considering AOV, margins, delivery costs, and throughput.
EP. 9 | How Swiggy Is Building for India’s New Consumer | Interstellar ft. Rohit Kapoor
Q: What changes have you seen in city dynamics and consumer preferences over the last five years, and how do you think that will evolve?
He discusses rapid shifts in urban living, cuisine diversification, and the rise of convenience; differences across tiered markets drive Swiggy to optimize delivery networks, introduce new formats like Instamart, and balance variety with quality at scale.
Ep. 5 | How OYO Scaled from India to the World | Interstellar with Abhinav Sinha
Q: How did COVID-19 influence OYO's strategy going forward?
COVID served as a reset, pushing the company to prioritize profitability, concentrate on high-margin markets, accelerate internal technology and efficiency, and consolidate global operations by leveraging India as a central hub.

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Frequently Asked Questions About Interstellar by Stellaris

What is Interstellar by Stellaris about and what kind of topics does it cover?

The show concentrates on India's startup and consumer-tech scene through in-depth conversations with founders, CEOs, and seasoned executives. Across episodes, listeners get practitioner-focused learnings on building scalable products, go-to-market strategies, and competitive positioning within fast-evolving markets like e-commerce, travel, food delivery, and fashion. Notable throughlines include the shift toward experience-led consumer ecosystems, the rise of AI-driven discovery and personalization, and the need for disciplined capital allocation and long-horizon thinking when growing startups. The format frequently blends personal origin stories with actionable frameworks, pricing and unit-economics discussions, and real-world anecdotes fr... more

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Interstellar by Stellaris launched 2 years ago and published 13 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Interstellar by Stellaris?

Recent guests on Interstellar by Stellaris include:

1. Anuj Rathi
2. Deep Kalra
3. Aloke Bajpai
4. Hari Ganapathy
5. Rahul Ganjoo
6. Rohit Kapoor
7. Nandita Sinha
8. Mayank Jain

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