Origin
The Story
Sri and Prateek had already been in the trenches together. Prateek was an early employee at Almabase, the B2B SaaS company Sri had co-founded and bootstrapped into a profitable category leader, now approaching $10M in ARR. They'd seen firsthand what it takes to build from India to the world. The late nights, the first 10 customers, the grind of enterprise sales, the loneliness of the founder journey.
Then life happened. Sri stepped down from Almabase. Prateek moved on. A year later, they found each other again, both itching to build something together. And that's when one question kept coming up:
"What do we want to commit to as founders for the next decade of our lives?"
But at Almabase, Sri had also noticed a pattern. Founders across India were building genuinely good products. Real technology, solving real problems. But they were struggling with GTM. They didn't have the go-to-market muscle, the fundraising networks, or the operational playbooks to take a good product and turn it into a growing business. The product was there. The demand was often there. But the engine to scale was missing.
Almabase had cracked the code to go from 0 to $1M and $1M to $10M. Bootstrapped, capital efficient. The question was: could that playbook be repeated? For hundreds of companies?
To find out, they hit the road.
For nine months, they traveled across India. Not a vacation. Not a "finding myself" trip. A full-blown Yatra. City after city, meeting hundreds and hundreds of founders and thousands of aspiring entrepreneurs. Small towns, big cities, college campuses, co-working spaces, chai stalls. Anywhere someone was trying to build something.
And in those conversations, sitting across tables from founders who were brilliant but stuck, the clarity hit.
Two things became obvious:
A gap we knew how to fill. That's why we built Shifu Ventures.
There are playbooks out there. Companies have scaled to $10M ARR before. The knowledge exists. But knowing that you need to nail ABM, or hire a VP of Sales, or build an outbound engine, and actually knowing how to do it, are two very different things. A VC might tell a founder to go hire a great VP of Sales. But who helps that founder figure out what "great" even looks like for their stage? Who helps them structure the hiring process, set the right targets, build the motion that the VP walks into?
That gap, between knowing what needs to happen and knowing how to make it happen, is where most founders get stuck. Not because they lack ambition or capital, but because they've never done it before at this level.
Sri and Prateek had. And more than that, they loved it. The zero-to-one grind. The first customer, the first outbound sequence that actually worked, the first enterprise deal closed. That was their mojo. Going back into that with founders, again and again, wasn't a sacrifice. It was exactly what they wanted to do.
Why $10M ARR? Because it's one of the most meaningful milestones in a company's life. At $10M ARR in ~6 years, built capital-efficiently, the founder retains real ownership, real optionality, and real wealth. They're not diluted into irrelevance by 5 rounds of funding. They're not beholden to a board that wants a 100× return or nothing. They have a profitable, growing business that they control, and from there, they can choose to keep compounding, raise strategically, or exit on their own terms. That's a beautiful outcome. And we want to help build hundreds of them.
The vision became clear: build hundreds of Almabases. From India, to the world. That became Shifu Ventures, a venture studio with one mission: 100 Companies → 100 Crores in Revenue.
The India we saw. The one that became Shifu Foundation.
The startup ecosystem has a concentration problem. Most of the capital, attention, and inspiration flows to five cities, maybe fewer. The assumption, spoken or not, is that great tech companies come from metros.
The Yatra broke that assumption completely.
In Nellore, they met Bhanu, a solopreneur doing $15K MRR, single-person team, who eventually sold his company for ~$250K. In Bokaro, they met Vikash, building Bulk Mockup, doing ₹15 lakhs in monthly revenue. In Kakching, a small town in Manipur, they found another entrepreneur quietly building something remarkable. Or in Bhopal, someone quietly doing a 200Cr business.
These weren't stories you'd hear at a startup conference. They were coming from districts a VC might never think to visit, and yet the builders were there, figuring it out with no ecosystem, no mentors, and no one telling them it was even possible.
What struck Sri and Prateek wasn't just the stories. It was the question those stories raised: if one person from Bokaro could do this, what could ten more aspiring founders from that same district do? What happens when a student in Kakching sees someone from their own world build and exit a company, and thinks, if they can do it, even I can?
India has 780 districts. Shifu Foundation's vision is simple: one tech entrepreneur from every single one of them. Not just the metros. Not just the top tier cities. Every district.
Today, with AI, a founder in Bhopal has access to the same tools as a founder in Bangalore. The moat of the metro is shrinking. What's still missing is inspiration and a support system that meets them where they are. That's why Shifu Foundation was born.
Two companies. One Yatra. One conviction.