Biography of Anshoo Sharma: Co-Founder and CEO of Magicpin- Indian Entrepreneur
Biography of Anshoo Sharma:
Anshoo Sharma, Co-Founder and CEO of Magicpin, has a diverse
13-year career spanning investing, consulting, and technology roles in both
India and the USA. Before founding Magicpin, he was the second member of
Lightspeed’s India team, where he worked for nearly six years and was involved
in nine investments. Prior to Lightspeed, Anshoo spent four years at Bain &
Co, starting in Boston and later joining Bain’s early team in India. There, he
provided consulting services to clients in the consumer, technology, and financial
sectors.
Education and Background
Anshoo Sharma, Co-Founder and CEO of Magicpin, pursued his
MBA at the Indian Institute of Management Ahmedabad from 2004 to 2006. Before
that, he completed his undergraduate studies in Computer Science at Delhi
University, graduating in 2001.
Engineering Experience
Before his consulting career, Anshoo worked in engineering
roles at Motorola and Hughes Software (now Aricent). At Motorola, he developed
VoIP consumer products and infrastructure elements, while at Hughes Software,
he built VoIP protocol stacks for transporting SS7 over IP.
Biography of Anshoo Sharma: Co-Founder and CEO of Magicpin-Entrepreneur/ Investor/Success story of Anshoo Sharma/Life story of Anshoo Sharma/Magicpin
Consulting Background
Anshoo's professional journey began with Bain & Company,
where he worked as a Consultant from May 2006 to December 2009. He provided
strategic advice on business growth, market entry, and customer segmentation
across various sectors, including Telecom, FMCG, and Healthcare. He also worked
with private equity clients to evaluate investment opportunities and was based
in Bain’s offices in Boston, Delhi.
Experience at Lightspeed India
Before founding Magicpin, Anshoo was a Venture Partner at
Lightspeed India from December 2009 to June 2019. During his tenure, he
invested in early to growth-stage consumer and technology businesses. His
investments included Indian Energy Exchange, One Assist, Fashionara, Limeroad,
Craftsvilla, Phone Warrior (acquired by Snapdeal), and FreshMenu. Anshoo also
shared his insights through a blog and Twitter.
This role allowed him to gain deep insights into the world of
investing, marketing, and scaling businesses. His experience offers a wealth of
knowledge on how to successfully navigate the venture capital space and the
intricacies of raising funds and growing a business.
Launching Magicpin
Driven by determination and a desire to make a significant
impact, Anshoo founded Magicpin. His journey with Magicpin reflects his
willingness to take bold steps and embrace new challenges. Whether it was
relocating to new cities or personal milestones like marriage, Anshoo’s
decisions have always been guided by his passion and commitment to his
ventures.
Current Role and Interests
At Magicpin, a company specializing in data collection and
internet portals with around 726 employees, Anshoo serves as the Co-Founder and
CEO. The company was established in 2015 and is based in Gurgaon, India.
Outside of his professional life, Anshoo enjoys spending time with his family,
driving, and indulging in music and movies.
Under his leadership, Magicpin has seen remarkable growth,
with users spending over $1 billion annually on the platform. The company has
expanded fivefold in the past year and continues to scale. For retailers and
brands interested in boosting their business, Magicpin offers partnership
opportunities.
Conclusion
Anshoo shares valuable lessons on building a successful
platform in the offline retail sector, insights into the venture capital world,
and the benefits of a consultancy background. He also provides guidance on
making informed career transitions and investing wisely. Despite the challenges
posed by the COVID-19 pandemic, Anshoo remains optimistic about the future and
is dedicated to enhancing Magicpin and exploring new opportunities.
A timeline of Anshoo Sharma’s professional journey and
experience:
2001: Graduates with a degree in Computer Science from Delhi
University.
2001-2004: Works in engineering roles at Motorola and Hughes
Software, focusing on VoIP technologies.
2004-2006: Pursues an MBA at the Indian Institute of
Management Ahmedabad.
May 2006 - December 2009: Works as a Consultant at Bain
& Company, providing strategic advice across various sectors.
December 2009 - June 2019: Serves as a Venture Partner at
Lightspeed India, involved in nine investments including Indian Energy Exchange
and Craftsvilla.
2015: Co-founds Magicpin, focusing on data collection and
internet portals.
Present Day: Leads Magicpin as Co-Founder and CEO,
overseeing significant growth and expansion, with the company scaling fivefold
in the past year.
