I am taking a PAUSE!
Moving to Mumbai to start a new chapter
Recently, I have been quite inactive and didn’t publish a blog in September 2025 either (I always tried publishing at least one every month). I had been based in Hyderabad city since last year and was completing my professional commitment (read: job) at my previous firm there.
As you might have guessed from the title of today’s write-up, I’ve decided to take a pause from this journey due to a new opportunity in front of me here in Mumbai, where I’ve recently shifted.
So today’s short write-up isn’t about a stock or economic research topic; it is about my journey over the past three years and how quickly it went by.
The Beginnings
After procrastinating for a few weeks, I finally decided to start Finding Outperformers on 24th September 2022 by opening an account on Substack. Before writing on Substack, I used to jot down my thoughts on markets and the stocks I owned every weekend and share them within my friends’ circle. By creating the account, my aim was to start writing publicly and take it a step further by going a little deeper each time I wrote about a company or the economy.
A Balancing Act
Over the last three years, while I spent my weekends researching and writing, my weekdays were spent in the corporate world, where I moved from Bain to PwC and later to DE Shaw. Alongside, I was also completing a few professional qualifications (namely CFA and CA). Regardless of the situation, I always tried to publish at least one blog post each month. In total, I ended up publishing around 64 blogs during this period, with this one being the 65th.
As I look back on how I managed all of this together, I feel I was fortunate to have been able to sustain a side hustle without being overburdened by corporate work or major family commitments. Not everyone is that lucky.
The happiness and self-satisfaction I derived from researching my portfolio companies and writing about them in my blogs were perhaps the most important reasons that kept me going sincerely.
I got the chance to write blogs along with many new people who went on to become co-authors. They brought unique perspectives, fresh angles, and deeper research to our work.
We also relaunched the website with new sections and features to make it more interactive and easier to navigate. I tried a new layout, which looked awesome to me.
As an outcome of this initiative, I got the opportunity to connect with many founders, investors, and CEOs of listed companies, while also gaining 4,500+ subscribers along the way. I was also able to grow my LinkedIn presence and build a larger network of smart, like-minded people. Overall, as I look back, I’m glad I took this step.
The Standout
Over the past three years, one company that has been constantly on my radar and continues to surprise me almost every week is Eternal. Their ability to execute quickly and almost flawlessly, backed by best-in-class tech teams and a strong drive to become India’s first $100 billion consumer tech company, is remarkable. At the scale they now operate and continue to grow, they are best positioned to implement automation (robotics) and AI in India, and also build India’s own social platform. Their tech & scale allows them to pivot fast and unlock new opportunities.
This is why I have posted the most about this company in the last 3 years, and the most shared blogs of mine are also dedicated to it. My biggest holding in the family portfolio over the last three years has been, and continues to be, Eternal - this is because I continue to believe it could someday become India’s most valued company.
The latest research blog I wrote was also on it:
Moving to Mumbai & what it means?
Mumbai has always been a dream city for me. After spending time in Delhi, Gurugram, and later a year in Hyderabad, I really felt like moving to the financial capital of India and spending a few years here.
So, when I saw a good opportunity coming my way, I decided to make the pivot. Today, as this email reaches your inbox, I have joined a PE fund here, where my role is research-focused.
Due to my upcoming professional and personal commitments, I have decided to take a pause and let my subscribers know about this. I am unsure when I will resume; it might be within two months or after six months. What I am certain of is that I will return and start publishing my research again. I will also be retaining my domain, findingoutperformers.com, with me.
Here is a picture from when I landed in Mumbai for the first time, making sure to visit Dalal Street:
Till next time, take care and see you soon!
Happy to connect over LinkedIn here.
If you happen to be Mumbai, happy to connect over a cup of coffee, or simply reply to this email (I read every response).
In your blogs I've always found the depth that I was looking for in blogs and I really appreciate that you've kept them free, as a student this is a blessing. This new opportunity will help you become an even better researcher. All the best!!
Happy to hear from you and best wishes for the upcoming professional journey. I enjoy reading your posts with details insights. Hope you come back soon to enrich us with your valuable analysis and greater insights rather convincing ideas. Thanks a lot.