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Any Indian startups doing well currently ?

Heard from most people that there’s a lot of crunch. Wondering if anyone at their companies feels like their startup is growing despite the slowdown. Razorpay, CRED, and are seeing tighter regulations and downrounds. The food delivery companies have all gone through their down rounds and readjustment of expectations. Even SaaS most founders have a poor revenue/employee ratio and the india story is still yet to play out for the newer bets. Just yesterday Oslash announced it’s shutting down its app. Any green shoots ☘️? And if there are maybe it’s a good thread for folks to try and hire.

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JadeArgent

Independent Law Practice

10 months ago

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tenxengineer

PhonePe

10 months ago

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Slice

Your mental health isn't worth a slightly higher base pay in slice

A few people who are in advanced stages of the process and/or have offers from slice have been asking me whether it's a good idea to join. My answer has always been consistent and I'm posting this so that people have more clarity. Good folks are leaving in droves which is why they are trying to fill in some roles fast. The company doesn't have a proper CTO, with engineering being managed by two people, one the head of analytics and data science being the 'people mananger' who is highly under-qualified for the job, and the second a toxic and borderline abusive character who is the 'chief architect'. On top of that, there are some AHs from Bizops who'll do everything to blame you if things go wrong and steal credit if things are good, making your day worse rest of the time. The critical Glassdoor reviews are totally true, and present points in an elaborate manner, while the few positive ones are clearly planted with 1-2 lines written for each. Plus the company is suppressing many reviews with the help of community guidelines. Your package might have a generous ESOP component, but it is bloated and the company is looking to raise the next round at a highly diminished valuation. There are more things in life than a few lakhs of extra base pay, for your long term well being. I'm speaking about it openly since I left the org for a better opportunity recently and I don't want people to suffer more.