Classmates on the MBA course at Stanford University, Axio co-founders Sashank Rishyasringa and Gaurav Hinduja always knew they wanted to return to India at the end of their studies. “We were passionate about doing something that would have a real impact back home,” recalls Rishyasringa. “But when we started looking at potential opportunities, we realised many of our fellow entrepreneurs felt the same – so many different sectors and markets seemed well catered for.”
In the end, however, that initial frustration led to inspiration. “We spotted that almost all of those entrepreneurs were running into the same problem – India’s affordability gap,” Rishyasringa explains. In any given sector, the