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Figuring Out with Raj Shamani

Figuring Out is a podcast for people who want to learn. It connects the world’s sharpest minds to the 1.4 billion Indians who want to win.
Raj Shamani sits across from the world’s top 1%: billionaires, leaders, entrepreneurs, athletes, and experts to give you a masterclass in what it takes to reach the top of a global stage. World’s best playbooks, strategies, and stories for the generation that wants to turn their ambitious dreams into reality. Figuring Out has become a place where the world comes to talk to India. And where India comes to learn from the world. Follow to become a part of it.

Latest Episodes:

Billion-Dollar Founder: Why Success In India Is So Hard | Kiran Mazumdar-Shaw | FO537 Raj Shamani Jul 18, 2026

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Get your hand-picked playbook here: ⁠⁠⁠⁠https://www.figuringout.co/link/fo-537

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Disclaimer: This video is intended solely for educational purposes and opinions shared by the guest are his personal views. We do not intent to defame or harm any person/ brand/ product/ country/ profession mentioned in the video.

Our goal is to provide information to help audience make informed choices. The media used in this video are solely for informational purposes and belongs to their respective owners.

(00:00) - Intro
(02:37) - Childhood, Family Values & Father's Life Lesson on Merit
(07:41) - Rejected by Breweries for Being a Woman
(12:29) - Gender Bias in Funding & Starting Biocon Against All Odds
(27:08) - The Art of Pitching: Telling Your Story Right
(29:57) - From Enzymes to Pharma: Cracking Statins
(31:15) - The Insulin Breakthrough That Disrupted Global Pricing
(34:18) - Entering Cancer Biosimilars After Losing a Friend
(40:29) - Why Being First (Not Just Best) Matters
(43:52) - Building Affordable CAR-T Cancer Therapy (Immuneel)
(45:46) - The GLP-1 Weight-Loss Drug Debate
(53:13) - How Pharma Pricing & Margins Actually Work
(58:20) - A Near-Financial Crisis: The Loan Default Scare
(1:03:45) - How Can People Who Have Self-Doubt Build Confidence?
(1:07:13) - Why India Undervalues Innovation vs. the US
(1:13:51) - The AI Pathology Startup India Let Slip Away
(1:20:50) - Proving Global Pharma Giants Wrong
(1:26:43) - Bengaluru's Infrastructure & Civic Problems
(1:30:14) - India's Civic Sense Crisis
(1:35:44) - Why India Is Losing FDI to Vietnam & Indonesia
(1:38:03) - Has She Ever Felt Humiliated?
(1:41:58) - The Harshest Truth: Gender Bias in India
(1:50:51) - Big Pharma Ethics & COVID Vaccine Inequality
(1:55:52) - Choosing Her Successor: Niece Claire Mazumdar
(1:58:54) - The Power of Authentic Networking & Friendships
(2:02:47) - Separating Her Identity From Biocon
(2:04:52) - One Advice No One Should Follow
(2:06:03) - Outro

In today's episode, we sit down with Kiran Mazumdar-Shaw, Executive Chairperson of Biocon Limited, to talk about rejection, risk, and how she built India's biggest biotech company from a garage.

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Instagram: https://www.instagram.com/kiranmazumdar_shaw/

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Raj Shamani is an Entrepreneur at heart that explains his expertise in Business Content Creation & Public Speaking. He has delivered 200+ speeches in 26+ countries. Besides that, Raj is also an Angel Investor interested in crazy minds who are creating a sensation in the Fintech, FMCG, & passion economy space.

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About Figuring Out

Figuring Out Podcast is a Candid Conversations University where Raj Shamani brings raw conversations with the Top 1% in India.

Astronaut Reveals: My heart Shrinks & More Shocking Challenges | Shubhanshu Shukla | FO536 Raj Shamani Jul 16, 2026

Show notes

Checkout ASUS ExpertBook P Series: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.flipkart.com/asus-expertbook-core-ultra-store

Get your hand-picked playbook here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.figuringout.co/pdf/fo-536

Guest Suggestion Form:

Our goal is to provide information to help audience make informed choices. The media used in this video are solely for informational purposes and belongs to their respective owners.

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(00:00) - Intro
(03:35) - What Is Rocket Science?
(12:21) - How Does the Human Body Feel in Zero Gravity?
(21:20) - Is Urine Really Recycled in Space?
(26:36) - Did He Take Indian Food to Space?
(29:30) - How Do Astronauts Sleep in Space?
(33:47) - Why Do Astronauts Breathe Pure Oxygen Before a Spacewalk?
(44:16) - Which Country Has the Most Advanced Space Program?
(46:58) - How Can a Small-Town Kid Become an Astronaut?
(57:45) - The Letter He Wrote to Himself at 14
(1:01:53) - His Journey From NDA to Fighter Pilot
(1:06:43) - Sitting in a Fighter Jet for the First Time
(1:09:43) - The Craziest Thing He's Done in a Fighter Jet
(1:13:16) - The World's Best Fighter Jets
(1:19:12) - How Did He Become a Test Pilot?
(1:24:01) - Why He Decided to Become an Astronaut
(1:27:43) - The Astronaut Selection Process Explained
(1:35:47) - The Letter He Wrote to His 14-Year-Old Self
(1:37:47) - One Piece of Advice Nobody Should Follow
(1:40:58) - Behind the Scenes
(1:42:06) - Outro

In today's episode, we sit down with Group Captain Shubhanshu Shukla IAF test pilot, Gaganyaan astronaut, and the first Indian to reach the International Space Station for one of the most extraordinary conversations we have ever had.

To Know More,Follow Raj Shamani On ⤵︎

About Figuring Out

Figuring Out Podcast is a Candid Conversations University where Raj Shamani brings raw conversations with the Top 1% in India.

Top Investor's WARNING: End Of Middle Class Dreams & Loan Trap | Saurabh Mukherjea |FO535 Raj Shamani Jul 14, 2026

Show notes

Download Porter Here: https://app.adjust.com/221dq7q6

Get your hand-picked playbook here: https://www.figuringout.co/pdf/fo-535

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Our goal is to provide information to help audience make informed choices. The media used in this video are solely for informational purposes and belongs to their respective owners.

(00:00) - Intro
(03:24) - The Rise of Indian Women
(05:44) - Why India's Middle Class Is Drowning in Debt
(16:35) - Who Really Belongs to India's Middle Class?
(20:41) - Only 2 Crore Indians Pay Income Tax — Who Funds India?
(25:23) - Why White-Collar Jobs Are Disappearing
(30:37) - The Industrialization of Aspiration
(34:39) - The Skinner Box Theory: Why Indians Get Addicted to UPSC & Government Exams
(43:43) - Shocking Azim Premji University Graduate Employment Data
(45:50) - Is Luxury Unemployment Real?
(54:29) - Why Successful People Don't Chase Fancy Job Titles
(1:01:47) - Why Global Brands Partner With Local Influencers
(1:06:17) - How the UK and US Lost Their Middle Class
(1:11:13) - Why AI Is Replacing India's Outsourcing Jobs
(1:15:32) - How Japan Escaped the Middle-Class Trap
(1:19:55) - Should Young People Still Go to College?
(1:21:55) - One of the Craziest Insights From His Book
(1:28:33) - 5 Biggest Business Opportunities in the AI Economy
(1:39:16) - India vs China vs America: Who Will Lead the Next 20 Years?
(1:46:09) - Why Doing Business in India Is So Hard
(1:52:08) - Outro

In today’s episode, we sit down with Saurabh Mukherjea, Author and Founder of Marcellus Investment Managers, to talk about careers, wealth, and why the old middle-class playbook no longer works.

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About Figuring Out

Figuring Out Podcast is a Candid Conversations University where Raj Shamani brings raw conversations with the Top 1% in India.

Stanford's Top 2% Scientist Explains Diabetes, Sugar, & Brain Damage | Dr. V Mohan |FO534 Raj Shamani Jul 11, 2026

Show notes

Checkout ASUS ExpertBook P Series: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.flipkart.com/asus-expertbook-core-ultra-store

Get your hand-picked playbook here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.figuringout.co/pdf/fo-534

Guest Suggestion Form:

Our goal is to provide information to help audience make informed choices. The media used in this video are solely for informational purposes and belongs to their respective owners.

(00:00) - Intro
(03:45) - Who Is Dr. V. Mohan?
(05:37) - What Is Diabetes & Why Is It So Hard to Control?
(11:31) - Why Are Indians More Prone to Diabetes?
(18:47) - Who Is More Likely to Get Diabetes: A Thin Indian or an Obese American?
(24:51) - Plant Protein vs Animal Protein: What's the Difference?
(27:25) - Early Signs and Symptoms of Prediabetes
(29:33) - Type 1 vs Type 2 Diabetes Explained
(33:41) - Can Type 2 Diabetes Be Reversed in 90 Days?
(36:27) - Is Alzheimer's Disease Type 3 Diabetes?
(50:06) - Brain Fog vs Dementia: How to Tell the Difference
(53:28) - Which Organs Does Diabetes Damage First?
(1:18:08) - Why Wounds Heal Slowly in People With Diabetes
(1:20:51) - Best Sugar Substitutes Ranked
(1:33:40) - Top 3 Healthy Breakfasts for Indians
(1:45:55) - How Dr. Mohan Saved a 3-Month-Old Baby From 17,000 Injections
(2:01:36) - Top 3 Takeaways From This Episode
(2:04:31) - Outro

In today's episode, we sit down with Dr. V Mohan - Chairman, Dr. Mohan's Diabetes Specialities Centre & Madras Diabetes Research Foundation, Chennai, India's leading diabetologist, a researcher with over 800 publications, and the man behind Mohan's Criteria, a diagnostic framework used by doctors worldwide.

To Know More,Follow Raj Shamani On ⤵︎

About Figuring Out

Figuring Out Podcast is a Candid Conversations University where Raj Shamani brings raw conversations with the Top 1% in India.

How Ultra Rich Invest: Billion-Dollar Bets & Wealth Secrets | Srini Sriniwasan | FO533 Raj Shamani Jul 09, 2026

Show notes

Checkout Kotak Alts here: https://www.kotakalternateasset.com

Get your hand-picked playbook here: ⁠

https://www.figuringout.co/pdf/fo-533

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Our goal is to provide information to help audience make informed choices. The media used in this video are solely for informational purposes and belongs to their respective owners.

(00:00) - Intro
(03:25) - Why Institutional Investors Prefer Private Markets Over Stocks
(07:06) - Are Investors Losing Trust in India?
(16:02) - Why Only 300–400 Indian Companies Are Truly Investable
(21:35) - How Can Investors Feel Safe When Money Can Be Lost Overnight?
(30:52) - Can India Compete Globally to Attract Capital?
(43:57) - How They Raised Their First Fund
(57:33) - What the World's Richest Investors Look For
(1:00:42) - Do Ultra-Rich People Diversify Their Investments?
(1:04:30) - Why Samsung Should Be Studied as a Family Business
(1:19:06) - Which Countries Make the Biggest Risky Bets?
(1:27:11) - Do Global Media Houses Deliberately Paint India Negatively?
(1:30:00) - Can the US & China Together Harm India?
(1:50:12) - Why He Invested in Data Centers Before the Hype
(1:54:32) - A Future Opportunity Most People Are Ignoring
(2:01:13) - Do Ultra-Rich Investors Have Insider Information?
(2:05:33) - One Common Pattern Among Highly Successful People
(2:08:40) - What Is Uday Kotak Like as a Boss?
(2:09:58) - Do Ultra-Rich People Share a Common Belief?
(2:12:17) - How Much Money Is Needed for a Comfortable Life in India?
(2:14:10) - First-Generation vs Multi-Generational Wealth
(2:15:26) - One Piece of Advice Nobody Should Follow
(2:17:12) - Outro

In today's episode, we sit down with Srini Sriniwasan, Managing Director of Kotak Alts, a man who has spent 30+ years raising billions from the world's largest sovereign funds and pension funds to invest in India, for one of the most revealing conversations on how global money really works.

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About Figuring Out

Figuring Out Podcast is a Candid Conversations University where Raj Shamani brings raw conversations with the Top 1% in India.

Why Mumbai's Traffic Will Never End: Floods, Potholes & Metro Reality | Ms Ashwini Bhide | FO532 Raj Shamani Jul 07, 2026

Show notes

Checkout ASUS ExpertBook P Series: ⁠⁠⁠⁠https://www.flipkart.com/asus-expertbook-core-ultra-store

Get your hand-picked playbook here: ⁠⁠⁠⁠https://www.figuringout.co/pdf/fo-532

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Our goal is to provide information to help audience make informed choices. The media used in this video are solely for informational purposes and belongs to their respective owners.

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(00:00) - Intro
(03:31) - What Does the Mumbai Municipal Corporation Do?
(09:40) - Mumbai Local Trains Come Under Indian Railways, Not the State Government
(16:36) - Can Railway Projects Be Given to Private Companies?
(31:01) - Who Decides a City Needs a Metro?
(45:19) - What Does She Mean by a Tunnel System in Mumbai?
(49:37) - Aqua Line: A 55-km Tunnel
(1:10:04) - Does a Change in Government Affect Metro Station Locations?
(1:13:48) - Why Is Mumbai Falling Behind in Metro Development?
(1:20:19) - Why Is Metro Line 3 Costing So Much?
(1:27:57) - How Much Does One Metro Station Cost to Build?
(1:29:08) - Metro Line 3 Station Flooded 15 Days After Opening
(1:50:03) - How Will Mumbai Solve Its Traffic Problem?
(2:02:59) - How Much Does It Cost to Buy a Metro Station?
(2:08:04) - Why Can't the BMC Fix Mumbai's Potholes?
(2:20:00) - Dumping: A Common Problem in India
(2:30:20) - Slum Demolition in Garib Nagar
(2:42:19) - The Most Brutal Part of Her Job
(2:47:31) - BTS
(2:48:27) - Outro

In today's episode, we sit down with Ms Ashwini Bhide IAS officer, Municipal Commissioner of BMC and MD of Mumbai Metro Rail Corporation the person who built Mumbai's underground Aqua Line and now runs the city that moves 20 million people a day.

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Figuring Out Podcast is a Candid Conversations University where Raj Shamani brings raw conversations with the Top 1% in India.

How China, Myanmar & The US Connect To Manipur Violence | Major Digvijay Rawat | FO531 Raj Shamani Jul 04, 2026

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(00:00) - Intro
(03:33) - His First Day in Manipur as a Para SF Soldier
(06:35) - What Is the Northeast India Conflict?
(18:17) - The Root Cause of the Manipur Conflict
(34:24) - The Ongoing Conflict Between Kukis & Nagas
(39:19) - What Are the Authorities Doing to Stop It?
(48:49) - When Can the Government of India Interfere?
(53:01) - Is Any Other Country Involved in the Conflict?
(56:51) - The Killing of Two Meitei Children
(1:02:06) - What Was the Army Doing During the Atrocities?
(1:10:15) - China's Involvement & Myanmar's Role
(1:20:38) - Who Are the People Arrested From Northeast India?
(1:29:44) - Smuggling in Moreh: Why Develop It?
(1:35:12) - India's Rising Drug Problem
(1:42:10) - How Is Kansas Treating Him?
(1:49:40) - American vs. Indian Weapons
(2:01:47) - Who Are the Green Berets?
(2:06:46) - Para SF vs. Navy SEAL: Who Would Win?
(2:20:32) - Why Do People Call Him Mr. Tank?
(2:21:44) - A Hostage Situation Where He Couldn't Save a Child
(2:32:20) - Does Anything Still Haunt Him After Retirement?
(2:38:59) - India Will Only Grow When...
(2:39:57) - Outro

In today's episode, we sit down with Major Digvijay Singh Rawat a decorated Ex Special Forces officer from 21 Para SF and a Kirti Chakra awardee for one of the most eye-opening conversations on a reality most Indians know nothing about.

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About Figuring Out

Figuring Out Podcast is a Candid Conversations University where Raj Shamani brings raw conversations with the Top 1% in India.

What It Takes To Become A World-Class Comedian | Hasan Minhaj | FO530 Raj Shamani Jul 02, 2026

Show notes

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(00:00) - Intro
(02:49) - How Does Winning Abroad as an Indian Feel?
(09:26) - Is Stand-Up Comedy Tough in New York City?
(12:17) - Did the Older Generation of Comedians Have More Freedom?
(14:26) - Where Does His Drive Come From?
(19:23) - Does Financial Insecurity Ever Go Away?
(22:31) - Would He Want His Kids to Choose This Career?
(28:17) - Why Choose a Career That Rejects You Every Day?
(30:11) - Did His Show Get Cancelled?
(31:17) - What's His Biggest Dream?
(32:31) - What's His Worldview Today?
(39:24) - Are There More Opportunities Around the World in Economics & Marketing?
(41:32) - Hasan to Raj: What's India's Vision on the World Stage?
(44:15) - Does He Think He's Killing It?
(46:43) - What Does He Want His Daughter to Think of His Success?
(47:56) - Outro

In today's episode, we sit down with Hasan Minhaj - stand-up comedian, actor, and former host of Patriot Act, the son of Indian immigrants who's spent two decades turning rejection into some of the sharpest comedy in America.

We discuss why comedy rejects you every single minute, why every immigrant kid is secretly trying to prove their father wrong, and why the certainty of a "safe" career is really just an illusion. Hasan also breaks down his obsession with Zakir Khan's Madison Square Garden show, why he traded a shoebox full of cash for index funds, how he's raising his own kids differently than he was raised, and why he still won't let them become comedians.

Raw, personal, and unexpectedly moving - this one will change how you think about success, rejection, and what it really means to make your parents proud.

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About Figuring Out

Figuring Out Podcast is a Candid Conversations University where Raj Shamani brings raw conversations with the Top 1% in India.

Binance CEO: Crypto, Bitcoin, De-dollarisation & Why Banks Are Dying | Richard Teng | FO529 Raj Shamani Jun 30, 2026

Show notes

Checkout Binance here: https://binance.onelink.me/mL1z/lwxwlhlo

Get your hand-picked playbook here: https://www.figuringout.co/pdf/fo-529

Guest Suggestion Form:

Our goal is to provide information to help audience make informed choices. The media used in this video are solely for informational purposes and belongs to their respective owners.

(00:00) - Intro
(03:17) - Who Is Richard Teng?
(04:50) - What Would Shock People Most About Finance Today?
(10:01) - One Money Myth People Still Believe
(13:19) - If He Had $100, Where Would He Invest?
(15:35) - Why Don't Some People Favor Crypto?
(17:15) - Are People Embracing Crypto Because the Dollar Is Devaluing?
(21:02) - Is Crypto Empowering Fraud Along With Independence?
(24:36) - Are We Moving Away From Trusting Individuals?
(29:25) - Would He Open a Bank Account if He Were 18 Today?
(34:23) - What Happens if Countries Ban Crypto?
(37:05) - Are They Using AI Agents for Better Trading?
(40:56) - His Toughest Challenge as CEO
(43:43) - Sectors Youngsters Should Focus on to Build Wealth
(45:54) - One Piece of Advice No One Should Follow
(46:51) - BTS
(47:20) - Outro

In today's episode, we sit down with Richard Teng - Co-CEO of Binance, the world's largest crypto ecosystem with 220 million customers a former central banker with 31 years in finance who went deep on crypto in 2017 and never looked back.

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Follow Richard Teng here:

Instagram: https://www.instagram.com/tengrich/

LinkedIn: linkedin.com/in/richardtengofficial

X: https://x.com/_RichardTeng

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Instagram: https://www.instagram.com/binanceforin/, https://www.instagram.com/binancesouthasia/, https://www.instagram.com/binance/

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X: https: https://x.com/BinanceForIN, https://x.com/BinanceDesi, https://x.com/binance

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About Figuring Out

Figuring Out Podcast is a Candid Conversations University where Raj Shamani brings raw conversations with the Top 1% in India.

FIFA World Cup, Football Corruption, ISL & Talent System | Ranjit Bajaj | FO528 Raj Shamani Jun 27, 2026

Show notes

Download Porter Here: https://app.adjust.com/216agedw

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00:00 – Intro04:00 – Why Can't India Produce Football Talent?13:57 – Why Isn't India in the World Cup?24:33 – Why Isn't Football as Popular as Cricket?45:20 – The Top 3 Obstacles in the System49:36 – How Common Are Match-Fixing and Betting?59:06 – Why Was Messi Paid ₹150 Crore for His India Tour?1:06:43 – Why Indians Love Being Number One1:11:30 – When Minerva FC Broke Records1:17:03 – When AIFF Hired an Astrologer1:20:52 – India Isn't Incompetent, It's Corrupt1:31:17 – Why Sacking Igor Štimac Cost AIFF Dearly1:39:56 – Can One Star Player Change Everything?1:46:14 – Why Athletes Should Start Young1:53:47 – How Does He Train His Team?2:03:01 – Obsession Makes You a Better Player2:26:15 – Losing in the Finals2:29:51 – How to Overcome Fear2:36:32 – How Can Indians Support Indian Football?2:38:53 – A Gangster If Not a Football Coach2:47:02 – One Piece of Advice Nobody Should Follow2:52:31 - BTS2:53:45 - Outro

In today's episode, we sit down with Ranjit Bajaj Chief Pusher - Minerva Academy Football & Cricket Club, Delhi Football Club & Armed Forces Aspirants Trainer the man who has produced more Indian football internationals than every ISL club combined, with zero government support, zero corporate funding, and mortgaged gold to send his boys to European tournaments.We discuss why India with 1.4 billion people has zero dedicated football stadiums, why AIFF paid an astrologer ₹25 lakhs to pick the national team, and why four Indians are currently playing in this World Cup for other countries.Subscribe for more such conversations.

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