Practical Founders Podcast

#192: Built A Vertical SaaS Giant In Aviation Without VC Funding – Dinakara Nagalla

Apr 16, 2026

Dinakara Nagalla built EmpowerMX over more than a decade to digitize aircraft maintenance for major airlines like American, Southwest, and United. Starting from deep domain experience inside aviation IT, he tackled a complex, high-stakes problem—replacing paper-based processes with a full execution system that improves efficiency and compliance.

The company grew into a mid–double digit SaaS business serving global airlines with contracts ranging from hundreds of thousands to several million dollars annually. With a lean early team and offshore development, EmpowerMX delivered measurable ROI—often saving customers 10% or more on maintenance operations—while expanding globally with growth equity support.

After surviving COVID (when revenue briefly dropped near zero) and accelerating post-pandemic digitization, Dina sold the company to IFS. He chose to exit not out of necessity, but to pursue a new purpose—now building multiple AI-driven products focused on improving human outcomes like mental health and education.

Key Takeaways

  • Vertical Expertise Wins: Deep domain knowledge created credibility and trust—critical for selling into conservative, high-risk enterprise environments.
  • Start Small, Scale Smart: Initial product built with ~12 people, proving capital efficiency can solve very large industry problems.
  • ROI Sells Enterprise: Clear financial impact (10%+ cost savings) overcame skepticism and justified multi-million dollar contracts.
  • Trust Over Features: Adoption depended more on frontline trust than functionality—especially replacing paper and manual workflows.
  • Purpose Drives Exit: Founder sold from a position of strength, driven by personal direction—not investor pressure or company distress.

Quote from Dinakara Nagalla, President and CEO of EmpowerMX

“Why did I sell the company when it was doing well? Life happens, you know. Primarily, it was my desire to do something different. So do I look back and think about it? Yes, I do. 

“It’s just that my purpose in life kind of switched. I wanted to do more meaningful things. I wanted to do more things. We were extremely profitable the year we sold, and my equity partners were really happy with how things were going.

“When I exited, I moved right into building new products with new teams. So I didn’t like to take a step back and said I need a week’s break. I think I had better vacations with my family when I was still running the company. Right now, I get up at three o’clock in the morning. I work till four in the evening.

“You know, there is always this thing I hear from people all the time in my last 27 years of being in US: If you like what you do, you’re not working another day. I think that is true in my case. I truly love what I do. Even when it’s hard.”

Links

In the last 15 years, Lighter Capital has helped over 600 software and SaaS founders secure simple, non-dilutive financing to grow a little faster—without giving up any precious equity or board seats to investors.

Simple debt funding from Lighter Capital ranges from $50K to $10 million, with straightforward terms, no personal guarantees or covenants, and a 4-year payback period.

Go to LighterCapital.com to apply and get a quick pre-qualification. Then talk with their experienced team to create a practical funding plan to achieve your goals.

Practical Founders Podcast Stats

153

Founders
interviewed

$11.7billion

Total founder
equity value

$77million

Average founder
equity value

0

VC-funded
founders

Cover Photo of Practical Founders Podcast

Practical Founders Podcast with Greg Head

Every week, host Greg Head interviews a successful software founder who started, grew, and sometimes sold a valuable software company—without VC funding.

Spotify Logo
Apple Podcasts Logo
YouTube Logo

Related Podcasts

No results found.