Deepak Shenoy started his first company in 1998 from Malleshwaram, Bengaluru — with no money and no experience. Seven years later, he fired himself as CEO because the company wasn't growing. He borrowed money from his wife to buy a fridge. Today, he's the founder of Capitalmind, managing over ₹2000 Crore, and the author of Money Wise, one of the most recommended investing books in India.
In this episode, Deepak shares his raw, unfiltered entrepreneurial journey, from building an accounting software called Agni Finac, surviving the 2008 Lehman crash in Mumbai, losing all his personal money by going against his own system, to finally building Capitalmind into a SEBI-registered mutual fund house from Bengaluru.
He also breaks down practical investing wisdom: why investing should be boring, how to spot red flags in stocks, why most people in the stock market are gambling without realizing it, the 1000-day Marwadi rule for startups, and whether AI can replace financial advisors.
Whether you're a first-time investor or a serious entrepreneur — this conversation will change how you think about money.
🎙️ Guest: Deepak Shenoy — Founder, Capitalmind | Author, Money Wise
🎤 Hosts: Vasant & Kiran | Mundhe Banni Podcast
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Support Mundhe Banni: https://mundhebanni.org/en/patron
Follow Mundhe Banni on Social Media:
Instagram: https://www.instagram.com/mundhebanni...
https://linktr.ee/mundhebanni
Mundhe Banni Website: www.mundhebanni.org
For Monthly Update on Startups & Entreprenuership in Kannada Subscribe to Mundhe Banni Newsletter:
https://mundhebanni.org/newsletter
Join Mundhe Banni WhatsApp Community:
https://chat.whatsapp.com/DOcdDdTum1t...
Subscribe to Mundhe Banni Academy:
@mundhebanniacademy
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00:00-Trailer
01:56-Mundhe Banni Intro,Why This Podcast Exists
05:25-Before Capitalmind,Where It All Started
09:07-“I Fired Myself",Founder Reality Check
12:20-The Expiry Date Rule for Startups
16:02-Moving to Mumbai — The Big Career Bet
24:15-Trusting Systems vs Breaking Them Yourself
29:37-Lehman Collapse,When Everything Changed
34:01-Patriotism vs Business — A Tough Lesson
42:34-Why Every Startup Needs an End Date
49:39-Naming Capitalmind & Moving to Bengaluru
57:00-AI in Finance — Threat or Opportunity?
01:05:49-Trading vs Gambling — What’s Really Happening
01:16:30-“Investing Should Be Boring” — Why It Works
01:16:48-Capitalmind Mutual Funds — Strategy Explained
01:25:17-Personal Finance Rapid Fire
01:32:55 Stock Market Red Flags You Must Know
01:35:53-Nifty 2030 — What Could Happen?
01:43:10-Personal Favourites — Life Beyond Work
#mundhebanni #capitalmind #deepakshenoy #nifty #nifty50 #mutualfunds #stockmarket #stocks #stockmarketindia #stockmarketnews #kannada #konkani #karnataka #shenoy #kannadapodcast #kannadayoutube #youtubeindia #youtubekannada #entrepreneurship #entrepreneur #entertainment #podcast #trading #tradingstrategy #equity #buying #investing #investment #funds #brokerage #sensex #bull #bear #bombay #mumbai #finance #financialfreedom #financenews
Deepak Shenoy started his first company in 1998 from Malleshwaram, Bengaluru — with no money and no experience. Seven years later, he fired himself as CEO because the company wasn't growing. He borrowed money from his wife to buy a fridge. Today, he's the founder of Capitalmind, managing over ₹2000 Crore, and the author of Money Wise, one of the most recommended investing books in India.
In this episode, Deepak shares his raw, unfiltered entrepreneurial journey, from building an accounting software called Agni Finac, surviving the 2008 Lehman crash in Mumbai, losing all his personal money by going against his own system, to finally building Capitalmind into a SEBI-registered mutual fund house from Bengaluru.
He also breaks down practical investing wisdom: why investing should be boring, how to spot red flags in stocks, why most people in the stock market are gambling without realizing it, the 1000-day Marwadi rule for startups, and whether AI can replace financial advisors.
Whether you're a first-time investor or a serious entrepreneur — this conversation will change how you think about money.
🎙️ Guest: Deepak Shenoy — Founder, Capitalmind | Author, Money Wise
🎤 Hosts: Vasant & Kiran | Mundhe Banni Podcast
--------------
Support Mundhe Banni: https://mundhebanni.org/en/patron
Follow Mundhe Banni on Social Media:
Instagram: https://www.instagram.com/mundhebanni...
https://linktr.ee/mundhebanni
Mundhe Banni Website: www.mundhebanni.org
For Monthly Update on Startups & Entreprenuership in Kannada Subscribe to Mundhe Banni Newsletter:
https://mundhebanni.org/newsletter
Join Mundhe Banni WhatsApp Community:
https://chat.whatsapp.com/DOcdDdTum1t...
Subscribe to Mundhe Banni Academy:
@mundhebanniacademy
--------------
00:00-Trailer
01:56-Mundhe Banni Intro,Why This Podcast Exists
05:25-Before Capitalmind,Where It All Started
09:07-“I Fired Myself",Founder Reality Check
12:20-The Expiry Date Rule for Startups
16:02-Moving to Mumbai — The Big Career Bet
24:15-Trusting Systems vs Breaking Them Yourself
29:37-Lehman Collapse,When Everything Changed
34:01-Patriotism vs Business — A Tough Lesson
42:34-Why Every Startup Needs an End Date
49:39-Naming Capitalmind & Moving to Bengaluru
57:00-AI in Finance — Threat or Opportunity?
01:05:49-Trading vs Gambling — What’s Really Happening
01:16:30-“Investing Should Be Boring” — Why It Works
01:16:48-Capitalmind Mutual Funds — Strategy Explained
01:25:17-Personal Finance Rapid Fire
01:32:55 Stock Market Red Flags You Must Know
01:35:53-Nifty 2030 — What Could Happen?
01:43:10-Personal Favourites — Life Beyond Work
#mundhebanni #capitalmind #deepakshenoy #nifty #nifty50 #mutualfunds #stockmarket #stocks #stockmarketindia #stockmarketnews #kannada #konkani #karnataka #shenoy #kannadapodcast #kannadayoutube #youtubeindia #youtubekannada #entrepreneurship #entrepreneur #entertainment #podcast #trading #tradingstrategy #equity #buying #investing #investment #funds #brokerage #sensex #bull #bear #bombay #mumbai #finance #financialfreedom #financenews
Watching this conversation now, my respect has only grown. The persistence really stands out, trying business after business, learning, evolving, and staying grounded through it all. That kind of journey isn’t talked about enough.
Also, I have to say - what beautiful Kannada! It was such a pleasant surprise. That's some truly rooted Kannada.
And that AI “yes man” joke around 57:43 was absolutely spot on and hilarious 😂
Really enjoyed this one. Huge respect 👏Kudos to the Munde Banni Podcast team as well for bringing out such meaningful conversations 🙏