Two by Two
Two by Two is a premium business podcast from The Ken that investigates, discusses, and breaks down the most important business stories around you. Hosted from The Ken's newsroom by business journalists Rohin Dharmakumar and Praveen Gopal Krishnan, the show features guests and experts from across the industry and academia to talk about issues no one else is talking about.
Episodes
Rewind : The numbers behind OpenAI, Gemini, and Perplexity’s deals with Phonepe, Jio, and Airtel
No new episode this week, we're on a break. So, here's one from November 2025 that just became relevant again: Perplexity's free year with Airtel has begun expiring, and the numbers are just being reported: https://techcrunch.com/2026/08/18/perplexitys-free-ai-offer-left-it-with-millions-more-users-in-india/Listen back to what we predicted and how things panned out.------This week, Two by
The new UPI equation
For six years every UPI payment in India was free. This was because a rule from January 2020 said nobody could charge a merchant for accepting one. Then on the afternoon of 6 August, the Lok Sabha removed that guarantee by voice vote. The details of the rules haven't been framed yet, so nobody knows what a UPI transaction will actually cost, but what's clear is that the arrangement India'
Zepto's ‘generational wealth’ narrative has started to crumble
Today's episode of Two by Two is about Zepto’s decision to pause its IPO and how things will play out next. For years, Zepto has told one story — about its potential: for growth, for profitability, for making money for everyone from investors to employees. And to be fair, Zepto executed at a blistering pace. But the story always ran on momentum, on a sense of inevitability. And the reason
The 100th Episode Special
This is a special one. For the 100th episode of Two by Two, we've brought Rohin back to the podcast, after all, he co-hosted the first seventy-three episodes with Praveen. Also we decided to switch the host completely and handed the microphone to Rachel who co-hosts Daybreak, The Ken’s daily podcast. She's here to spin the tables: for once Praveen and Rohin are the ones being questioned.T
Will Zepto become Swiggy before Swiggy becomes Zepto?
For the four years, everyone was seeing the same thing. Swiggy was losing market share in a business it had no business losing. Zepto was the aggressor, with a tight, disciplined approach, a tight catalogue, ten-minute groceries, not much else. Swiggy became the sprawling super-app that kept launching and burying things, from cloud kitchens to a mall to an errands app. In one of our earli
2025 Year-end special
2025 is done. Forty-eight episodes. Hundreds of guests. Endless banter between Rohin and Praveen.This year, Two by Two covered stories from Bengaluru to the world including business, tech, and everything in between. We didn't just stick to the usual. We asked about people, trends, and the things others weren't paying attention to. We brought on guests who didn't rehearse their answers and
60 seconds for every 2025 episode
As we try to wind down this year, Rohin and Praveen do something they’ve never done before: go through every single episode they recorded this year. All 48 of them. In 60 minutes.The rules were simple. Each host had 10 points to build their personal top 10 list for the year. No take-backs, and no pre-discussion. It was a completely live, vibe-based recording where they figured it out as t
Deepavali Break
No Explainers, No Takeaways: One Year of Two by Two
Join Rohin and Praveen as they celebrate the one-year anniversary of the 2x2 podcast, reflecting on 52 episodes of business and strategy discussions. This special ‘vibes’ episode looks back at their journey creating Two by Two, the evolution of the show, and future plans, deviating from their usual topic-focused format.Praveen shares key meta-narratives he picked from the past year, inclu
2024 Year-end special
Welcome to the year-end special edition of Two by Two.We’ve released 22 episodes of Two by Two since our inaugural edition in July. We’ve covered an incredible breadth of counterintuitive topics framed as, well, two by twos. Would Flipkart become Phonepe before Phonepe became Flipkart? Did Delhi prick Bengaluru’s bubble? Is the golden era of the software engineer over? Why is health insur
Happy Deepavali!
Happy Deepavali, dear listeners!On account of Deepavali, the Two by Two team is also taking a small break. But don't worry; we'll be back with our regular programming next week.Until then, you can always listen to past episodes of Two by Two that you haven't gotten around to yet. If you're a Premium subscriber listening to this on The Ken’s mobile app or on Apple podcasts, you can just sc
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