Welcome to Indian Startups's Private Community

What companies do you look at and think, "How the hell are they still in business?"?

What companies do you look at and think, "How the hell are they still in business?"?- Grapevine

I was a part of the company for a short time and everything felt like a scam!

The team, product, leadership, everything was comically chaotic and no one knew what they were really doing.

I am surprised they are still up and running.

How is FamPay still hiring or honestly even surviving?🤯

Product Manager

Amidst the India layoff news, I just discovered this. Impacted employees will receive much lesser stock options than communicated before! 

https://www.indiatoday.in/technology/news/story/google-miscalculates-severance-packages-laid-off-employees-to-get-less-stock-than-expected-2333713-2023-02-12

How TF are these so-called big companies running like BAU after being such jerks? Imagine calculating the severance package wrong?

Google miscalculates severance package!!

Brand Communication Manager

I am noticing a lot of fancy "tech" startups going to IPOs with a gigantic valuation but with minimal profits getting a lot of attention in mainstream media.

What are those companies pulling in huge bucks and are not that famous?

What are some real businesses making actual profits?

Sales

From what I hear from a friend who is aware of the leadership discussions, MPL might be looking to lay off close to 50% of its workforce and shut down most of its other BU’s to consolidate by October. This would include folks even till the SVP levels. This might be one of the first pins to fall with the 28% GST rule kicking in by October. Dark days ahead for online RMG  industry in India

Massive layoffs coming up at MPL

companies like MPL should not exist in the first place. Why promote gambling?. not for any moral reasons,  if someone wants to gamble, let them go to a casino and do it. Instead, making it easier for some one to gamble at  any time/anywhere is unacceptable.

Consultant

Product Head

Welcome to Product Managers's Private Community

In India, particularly in Bengaluru.

Work here means problem they are solving.
Salary includes ctc, perks and stocks.
Culture here means work-life balance.

PM: Which company gives the best work, salary and culture?

Welcome to Office Gossip's Private Community

What are the best customer facing tech companies to join?

Kindly share reasoning to make it more objective:
- technology used
- custimer driven or not
- work life balance and culture
- salary
Etc

Please share big companies as well. Irrespective of how obvious they may appear to you

Best customer facing tech companies

UX/UI Designer

First, they had a layoff.
Some people in the leadership quit.
Middle management people are quitting.
They shut down majority of the dark stores.
They are pivoting their business.
They are out of runway.

Dunzo not in a great position

Business Analyst

Welcome to Business Roles's Private Community

Hey everyone. 

Thought I could do an AMA. A bit about me - have 4 years of work experience and graduated from a non engineering college. Was at a startup before (from Series B to Series D) before becoming a VC

Personally look at consumer and B2B investments here 

Happy to answer any questions around life as a junior VC, startup ecosystem, career growth etc.

AMA: I work at a large VC Fund focusing on early stage investments

This is the biggest problem with VC ecosystem 4 yoe kids taking calls on experienced, hardworking founders. Dude first learn the game then invest , judge people playing the game. VCs know nothing about how to run startups. Unless they have been entrepreneurs themselves. IMO It's a colossal waste of talent to become a VC for young PPL.

Software Engineer

Investment Associate

This was my pathetic interview experience with Acceldata india with a very unprofessional and lying recruiter. This story has a satisfying ending.

I attended 6 rounds of interviews in 1 month and completed a take home assignment. I cleared all the rounds and even had a manager discussion about my onboarding. All good so far. 

Few days later the recruiter called back and said we need one more round (8th round) with the director who sits in US office. I said Ok and he scheduled this call on a Friday 10pm at night. 

At 9:55pm I tried to join the meeting link he sent but the link was not working. I tried in different browsers, different laptop, different internet connection. No luck. 

So I reached out to recruiter on mobile and he doesn't pick up. I know he's available because he was on call with someone else. I even tried reaching him via a different phone number but still no luck. Imagine the anxiety and panic I had to go through since I felt that it was my fault. 

On, next day he casually calls me in the morning to say that "Sorry I tried calling you 2 days ago but your mobile was unreachable (which is a plain lie). He says he cancelled the meeting because he found another candidate with lower salary.

That's fine, and I don't give a damn at this point. But I asked why didn't he send meeting cancelled email so I didn't have to panic on a friday late night. He casually says "Sorry about that". That's the last I hear of him. No response after that. 

All this after going through 8 rounds of interviews and a take home assignment. All because this a--hole recruiter lied to my face and couldn't send a simple email. 

Funny thing is: Another recruiter reached out to me 3 months later for the same role. Apparently the candidate they hired instead of me backed out at the last miniute. 🤣

If you get a chance to interview at AccelData, trust me, please don't waste your time. The company and the recruiting practises are not worth your time, even if you are jobless.

Don't bother interview with AccelData

This is EXACTLY one of the ways this platform is meant to be used. Call out the BS and NAME THE DAMN COMPANY. Dodged a bullet there OP.

Security Engineer

Analyst

ONDC seem Big threat for Swiggy/Zomato , Amazon/Flip kart, Dunzo /zepto/ blinkit/ big basket. 

How will these e commerce giants (already operating on huge loss) survive now

ONDC 🆚 e commerce gaints

Amazon's own business lines and new policy changes coupled with the recession's impact on consumer spending finished Thrasio. They were primarily dependent on Amazon for identifying good D2C businesses, acquiring them and turning them into profit-making machines.

What's next for Indian D2C aggregators like Mensa?

Another platform-dependent startup bites the dust

Software Developer

Let's ignore what's wrong with startups, keep this an optimistic thread. Which startups make you excited about their future? 
The ones that have cracked product, GTM, model, or something else.

Name the best Indian startups :)

One for the believers: Which startups in India do you feel are going to make it really big? 🚀

Corporate Strategist

VC here. Doing this for fun.
Don't take all views seriously.

Comment a startup's name, I'll share if it's promising or whatever I know

At this point it's just Boot Licking Delivery app founders.
How come the opinion of a sample size of 1000 *young people* who are not even gig workers, get to be representative of whether gig worker unions should have right to bargain wages.

Everyone knows how harsh and unsafe the working conditions of delivery partners/gig workers are. On top of it now these companies are squeezing their wages to become profitable.

Not trying to moral police folks who order food and groceries online(even I do it), but this is just not sustainable. Sometimes it just feels wrong someone is traveling 5+ kms just to deliver me food and the guy/gal is not even being compensated properly.

And the below article is definitely not journalism or even reporting.

Link to article: https://www.linkedin.com/posts/yourstory-com_most-indian-workers-say-no-to-gig-drivers-activity-7121039458933620736-qRVQ?utm_source=share&utm_medium=member_android

Another low from YourStory

Welcome to News Discussion's Private Community

The breadth of things, and the speed at which Jio rolls out successful ventures is crazy!

Can you name companies that have cracked their retention game?

User Retention

Growth Manager

If you see employees from that company then you know something is definitely wrong with their career

Name the companies you dread working for

After a series of names like Bharatpe, Trell, GoMechanic, who do you think is next in line?

Which company is likely to come in the news for corporate governance issues?

Saw a thread by Deedy, praising qCommerce in India, and then saw few replies telling why it would/wouldn't survive in future? Thoughts...

Link to Twitter thread: https://twitter.com/debarghya_das/status/1739661699601617252?t=bJe2nzghhtc5jpsXrNWnQQ&s=19

What companies do you look at and think, "How the hell are they still in business?"?

Discover More

Indian Startups on

by Kendall Everett

Stealth

How is FamPay still hiring or honestly even surviving?🤯

Layoffs on

by Jordon Carmden

Stealth

Google miscalculates severance package!!

Indian Startups on

by Jordon Vernon

B2B SaaS

What are some real businesses making actual profits?

Layoffs on

by Kendall Carmden

Stealth

Massive layoffs coming up at MPL

Product Managers on

by Kalan Lee

Stealth

PM: Which company gives the best work, salary and culture?

Office Gossip on

by Jordon Taye

Swiggy

Best customer facing tech companies

Indian Startups on

by Jordon Carmden

PhonePe

Dunzo not in a great position

Business Roles on

by Dezi Carmden

Venture Capital

AMA: I work at a large VC Fund focusing on early stage investments

Indian Startups on

by Isaiah Lee

Early Stage Startup

Don't bother interview with AccelData

Indian Startups on

by Coy Gabriel

Google

ONDC 🆚 e commerce gaints

Indian Startups on

by Kendall Denver

Startup

Another platform-dependent startup bites the dust

Indian Startups on

by Jordon Carmden

Series A Startup

One for the believers: Which startups in India do you feel are going to make it really big? 🚀

Indian Startups on

by Kendall Denver

Venture Capital

Comment a startup's name, I'll share if it's promising or whatever I know

Indian Startups on

by Karilyn Lee

Fintech Startup

Another low from YourStory

News Discussion on

by Jordon Vernon

Swiggy

The breadth of things, and the speed at which Jio rolls out successful ventures is crazy!

Business Roles on

by Matilda Vernon

Stealth

User Retention

Office Gossip on

by Coy Gabriel

Stealth

Name the companies you dread working for

Office Gossip on

by Isaiah Lee

Stealth

Which company is likely to come in the news for corporate governance issues?

Indian Startups on

by Karilyn Carmden

Fintech Startup

Will quick commerce eventually die in India, like it did in USA?