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Blume Podcast
Blume Ventures
44 episodes
1 week ago
Blume Podcast S4, hosted by Karthik Reddy, co-founder and Partner at Blume Ventures, with the theme of "Destiny Avenged," celebrates Indian entrepreneurs who transformed skepticism into success. This season spotlights founders who defied critics and market doubts, featuring stories from industry pioneers like Sula, Razorpay, and Ather, founders who faced skepticism, pushed through rejection, and proved their critics wrong. More than business, it’s a tribute to India’s resilient spirit of innovation. Join us for an inspiring journey through the triumphs of those who dared to dream differently.
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All content for Blume Podcast is the property of Blume Ventures and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Blume Podcast S4, hosted by Karthik Reddy, co-founder and Partner at Blume Ventures, with the theme of "Destiny Avenged," celebrates Indian entrepreneurs who transformed skepticism into success. This season spotlights founders who defied critics and market doubts, featuring stories from industry pioneers like Sula, Razorpay, and Ather, founders who faced skepticism, pushed through rejection, and proved their critics wrong. More than business, it’s a tribute to India’s resilient spirit of innovation. Join us for an inspiring journey through the triumphs of those who dared to dream differently.
Show more...
Business
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S4 E2 [Weekend Episode] | From 5 Acres to ₹2100 Cr: Sula’s Wine Revolution 🍷 | Destiny Avenged | Blume Podcast
Blume Podcast
1 hour 7 minutes 27 seconds
4 months ago
S4 E2 [Weekend Episode] | From 5 Acres to ₹2100 Cr: Sula’s Wine Revolution 🍷 | Destiny Avenged | Blume Podcast

What does it take to turn five acres of Nashik grassland into a ₹2100 Cr wine empire?


In this weekend’s episode of the Blume Podcast, Karthik sits down with Rajeev Samant, the founder who left Oracle and Silicon Valley in the 1990s to build something India had never seen before—an Indian wine brand that could compete globally.


With no background in farming or winemaking, Rajeev relied on conviction, curiosity, and a willingness to think differently. From experimenting with grapes in his backyard to drafting Maharashtra’s groundbreaking wine policy, from surviving high-interest loans to launching India’s first wine tourism experience—his journey is a masterclass in grit and long-term vision.


Today, Sula commands over 60% of India’s wine market, hosts 3.5+ lakh visitors a year, and has put Indian wine on the global stage. Rajeev’s story shows how bold ideas, backed by relentless execution, can build not just a company but an entire industry.


🎧 Join host Karthik Reddy as we explore how one man made wine mainstream in a whiskey-drinking nation—and built a brand now valued at over ₹2100 Cr.


Chapters:

0:00 – "Why a lunatic tried making wine in whiskey land"

2:15 – "From Oracle in Silicon Valley to Nashik farmlands"

5:40 – "Stanford lessons: question authority, embrace entrepreneurship culture"

9:10 – "Quitting tech to chase something meaningful back home"

13:00 – "Spotting Nashik’s Napa-like microclimate for wine grapes"

16:30 – "The first scrappy experiment fermenting grapes into wine"

20:45 – "Drafting Maharashtra’s landmark Grape Processing Policy in 2001"

24:55 – "Surviving debt, bootstrapping, and building patiently for decades"

30:20 – "Sula’s dominance: 60% share, 3.5 lakh visitors yearly"

36:05 – "Challenges that stop India from becoming a 10x wine market"

43:15 – "Why Sula went public and the realities post-IPO"

50:40 – "Building a culture of autonomy and sustainability at Sula"


This season of Destiny Avenged is brought to you by IDFC FIRST Bank and Ultrahuman.


Disclaimer

The views, opinions, data and information expressed in our podcasts, videos, blogs, articles or any other written or verbal form (the “Content”) are for informational and discussion purposes only. They do not constitute investment advice, a recommendation, an offer, or a solicitation to buy or sell any securities, nor should they be relied upon for any investment decision. References to specific companies, transactions, or market events are illustrative and not endorsements.


Blume Ventures, its affiliates, partners, or employees may hold investments in some companies or sectors mentioned. Such references do not imply recommendations or bias. Views expressed by individuals are their own and do not represent those of Blume Ventures or its affiliates.


While we use sources believed to be reliable, we make no warranties regarding accuracy or completeness. Past performance is not indicative of future results. Nothing here should be construed as legal, tax, accounting, or investment advice. Seek independent professional guidance before acting on any information.


Transmission or use of this Content does not create a relationship between you and Blume Ventures. All rights reserved.

 

Blume Podcast
Blume Podcast S4, hosted by Karthik Reddy, co-founder and Partner at Blume Ventures, with the theme of "Destiny Avenged," celebrates Indian entrepreneurs who transformed skepticism into success. This season spotlights founders who defied critics and market doubts, featuring stories from industry pioneers like Sula, Razorpay, and Ather, founders who faced skepticism, pushed through rejection, and proved their critics wrong. More than business, it’s a tribute to India’s resilient spirit of innovation. Join us for an inspiring journey through the triumphs of those who dared to dream differently.