Deepak Chhugani, Nuvocargo: Using software to modernize trade between Mexico and USA, Ep 116

<p><span style="font-weight: 400;"><span style= "font-size: 24pt;">Deepak Chhugani, Nuvocargo: Using software to modernize trade between Mexico and USA, Ep 116</span><br /> <br /></span></p> <p><span style="font-weight: 400;">Deepak Chhugani’s multicultural background was considered rare and unexpected in Guayaquil, Ecuador, where he grew up most of his life. He was born in Kenya to Indian parents who migrated to Ecuador in their late 20s. Logically, after studying at university in the US, Deepak wanted to find a way to connect all of these experiences. When he worked in investment banking in New York and Mexico, he saw the intersection that existed between the US and Latin America. Specifically, in trade with Mexico– the US’ largest trading partner.</span></p> <p><span style="font-weight: 400;"> </span></p> <p><span style="font-weight: 400;">Coming from a family with a background in logistics, Deepak founded Nuvocargo, a digital freight forwarder and licensed customs broker that helps companies move physical goods between the US and Mexico. </span></p> <p><span style="font-weight: 400;"> </span></p> <p><span style="font-weight: 400;">In this episode, Deepak shares stories about growing up in Ecuador as an Indian immigrant, his experience in investment banking in the US and Latin America, and the reason for pivoting into Nuvocargo after going through YCombinator. We also delve deep into the complexity of carrying out international trade and how Nuvocargo’s solution helps to streamline those processes.</span></p> <h3><span style="font-weight: 400;">The Lobby</span></h3> <p><span style="font-weight: 400;">When Deepak was starting his first company, he stood firm on the idea of working on a solution to a problem that affected him personally. At the time, one of his greatest accomplishments had been getting a job in investment banking despite having all the odds against him for that position. His first startup, the Lobby, originated from that experience, and was the vehicle that got him into YC as a single non-tech f