eCommerce UnderCover really enjoyed its conversation with Eric Youngstrom, Founder and CEO of Onramp Funds. Onramp Funds is a financing service for eCommerce sellers using data-driven technology. Onramp Funds then provides working capital from that data to resolve the shipping, fulfilment, advertising and inventory cost of goods.

Some of the topics that Eric discussed:

– His interest in History
– His experience working for many startups and even having one acquired
– Why he feels strongly to help the underdog
– How Onramp Funds work

Timestamps:

00:00 Intro
01:14: Eric’s roots in Texas and life in the startup scene
02:25: Working at Dell before attending grad school
06;46: Eric’s experience getting Shipping Easy acquired by Stamps.com
09;46: The complexity and importance of a logistics service for all eCommerce businesses
13;35: Why Eric started onramp
16;54: How Eric felt when he launched Onramp
21;15: How is the fee structure determined by Onramp?
26;19: Where does Onramp get their capital?
32;06: Using data to have streamlined services for merchants
38;38: The importance of a VC for a financial startup
41;31: Is Onramp looking at expanding to other financial products and services such as insurance?
44;36: Eric’s take on the state of eCommerce currently and the future it has
55;44: Is 15-minute delivery even that important?
01:00:00: The importance of discoverability
01;03;08: Outro

If you’re looking for a quick, informative and entertaining way to learn about startups, then this is the video for you.

In this short video, we’ll take a look at three startups that turned unicorns in 2022 despite the recession. These companies showed map incredible growth in a difficult market, and we wanted to share their stories with you!

To know more about Grip, visit the website: www.gripinvest.inOr write to us at [email protected] for any queries.Follow us:Instagram: https://www.instagram.com/gripinvest/Facebook: https://www.facebook.com/GripInvestTwitter: https://twitter.com/gripinvestLinkedIn: https://www.linkedin.com/company/gripinvest/#Grip #GripInvest #GripInvestments

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Prime Minister Narendra Modi addressed the Global AYUSH Investment & Innovation Summit in Gandhinagar, Gujarat. World Health Organisation (WHO) Director-General, Dr Tedros Ghebreyesus and Prime Minister of Mauritius, Pravind Kumar Jugnauth were also present at the event.
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2020 has been a strange year for all of us. For some businesses it was turbulent and for some businesses it was fruitful. Indian startup ecosystem took advantage of it and produced 12 unicorns in 2020 becoming second best after the US.

A joint report by Nasscom and global management and strategy consultancy Zinnov said The Indian tech startup ecosystem will continue to grow on the back of rapid digitization and adoption of new technologies in a post-pandemic world.

Now in 2021, a total of 7 Startups have joined the Unicorn club so far, out of which three startups have become unicorns in the last three days. These are:

01:04 | Meesho Hits $2 Billion Market Cap with $300 Million Fund-raise
02:56 | Cred Youngest Indian Startup to Reach $2 Billion Valuation Mark
05:13 | PharmEasy Joins Unicorn Club with Latest Funding-raise of $350 Million

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