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Purva Gupta is the founder of Lily, which, “helps women discover & buy clothes according to their emotions and perceptions about their own body.” She is a graduate and mentor at The Founder Institute and the Recipient of the Harley Lippman Entrepreneurial Fellowship. She graduated with an MBA and worked in a startup in India before immigrating with her husband to the U.S. to work with Unicef.
Listen as Purva shares her insights and her passion for the startup process with us:
- How Purva was able to gain funding and a sponsor for her visa through Unshackled.
- Working hard and cramming three months work into one month.
- How being a part of Founder Institute benefitted Purva, creating networks for her.
- Why Purva came to the U.S.? Unicef and their venture capital investment project.
- Encountering the pain-point of finding clothing that makes you feel good.
- How working with a startup in India had given Purva a taste for it, with a difference.
- Brainstorming with her husband, for a startup to solve a problem she could relate to.
- What Purva did to research the retail tech space for her startup
- What she learned from her first project: She’d created a feature,not a product.
- What to do next: Be attached to the problem, but not the solution.
- Applying to The Founder Institute and what followed.
- How to pick yourself up and grow stronger.
- Why Purva was able to get to the crux of what women want from their clothes.
- Using science to create an algorithm which helps women shop with less frustration.
- How Purva validated Lily in Macy’s.
- The next step and the entire user experience using Chat.
- How to acquire more funding for the next step?
- What’s next for Lily, and what’s next for Purva Gupta?
- Purva’s parting advice
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