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Shripal Morakhia is an Indian serial entrepreneur best known for founding the pioneering online retail brokerage Sharekhan and the sports-entertainment venture Smaaash. His career began in the United States, where, after earning his MBA, he served as the Executive Assistant to the President of the New York Stock Exchange (NYSE). Following the death of his father in 1981, Morakhia returned to India to helm his family's stockbroking business, eventually establishing SSKI, an early institutional brokerage firm serving foreign investors. Beyond finance, Morakhia explored the entertainment industry by launching iDream Productions, through which he produced and distributed notable films like Bend It Like Beckham and Monsoon Wedding, and made his directorial debut with Naina in 2005. In 2012, he partnered with cricket legend Sachin Tendulkar to create Smaaash, an innovative indoor gaming and virtual reality center. While his career has been marked by high-profile successes, it has also involved complex business challenges, including the corporate insolvency proceedings of Smaaash in recent years. Morakhia recently documented his professional journey and entrepreneurial philosophy in his candid memoir, Never Say Die: My Life in Business and Entrepreneurship, where he reflects on his business setbacks and his subsequent philosophical rebuilding, now describing himself as "Shripal 2.0." You can buy the book using this link: https://www.amazon.in/Never-Say-Die-B... 00:00 Trailer 00:48 Shripal's introduction 01:40 How his family lost their Marine Drive mansion 10:35 Why Shripal went to America 12:26 Working at New York Stock Exchange as a teenager 15:45 What America taught Shripal 21:37 Return to India after father’s death 23:55 Selling family gold jewelry for first time 28:44 First success - Building SSKI 33:08 Losing everything, AGAIN 34:53 When Shripal met Dhirubhai Ambani 39:08 Anil Ambani helped me rebuild my business 42:10 We used to turn black money into white 44:00 Before Zerodha, I started Sharekhan in 1990s 47:46 Sharing half of profits with employees 52:23 Shripal's connection with Harshad Mehta 54:02 Ketan Parekh aura among investors 59:24 Properties bought by Shripal in Mumbai 1:02:32 Why I bought Amar Chitra Katha 1:03:51 Uncle Pai's impact on Hinduism 1:06:15 Shripal's vision for Amar Chitra Katha 1:08:40 Why I built Smaaash - gaming & sports center 1:12:22 How Sachin Tendulkar became my business partner 1:14:13 Demonetization destroyed my Business 1:15:06 Betting big on US market - BIG MISTAKE 1:18:39 270 crore debt & BMC made things worse 1:20:53 Going for NASDAQ IPO - Big mistake 1:26:09 How I rebuilt Smaaash & profitable 1:29:20 How they snatched my company from me 1:31:00 Reality of big Business reform on ground 1:35:46 They harassed me because I didn't give Rs 65 lakh bribe 1:38:39 Mental breakdown and Suicide attempts 1:41:24 How Kashi & Shiv healed me 1:43:31 State of rule of law in India 1:48:20 How Karma punishes those who do wrong 1:50:35 Big SCAM IN IBC code 1:53:22 What his life would be like if he stayed in US 1:59:05 Shripal's experience of making Bollywood movies 2:02:39 Shripal's advice to India's youth