What happened to all Bharat focussed startups like Sharechat, Khatabook, OK Credit, Dukaan, Bikayi, Moj? Is the sector dead?
Over estimated Indian small merchant. They don't pay a Penny extra to even their families.
Matilda Denver
Stealth
a year ago
Lol.. truer words were never spoken.
Jordon Everett
Stealth
a year ago
Sector is not dead but money is. CXOs have enjoyed lots of lavish life thanks to stupid investors who never saw their money getting wasted
Kendall Vernon
Student
a year ago
Dukaan is doing good but still not as close as Shopify
Aaron Denver
Stealth
a year ago
How are they growing?
Blair Lee
Student
a year ago
There Ecom tools/integrations are really good and are mostly used by every agency in india
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Bharat Focussed startups are a scam. Tier-2, tier-3 and lower cities are reimagined as dehaatis who would like to pay money for shit not really useful. Dehaatis on the other hand are obsessed with foren shit and would be personally insulted if you try to scam them with low effort startup.
Dezi Vernon
Stealth
a year ago
maybe we should call it “dehaati tech”
DehaaTech should be a new buzzword that I will get permanently cancelled for by TISS chudails.
Jordon Denver
Stealth
a year ago
thukai work culture?
Anise Lee
Stealth
a year ago
Fudged numbers and raised money , No real Product market fit
Jordon Olive
Stealth
a year ago
Doesn’t Koo belong to that list as well ? 😁
Sector should be renamed as Bharat scammers these guys brought nothing to the table. They did not innovate for sustained revenue. They just followed the typical burn cash for growth which as we know does not work with Indian consumers with lower purchase power compared to western counterparts
Kendall Carmden
Student
a year ago
What do you guys think aout Fibr?
Kendall Denver
Student
a year ago
Regarding what
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Kendall Lee
Stealth
a year ago
Khatabook, Dukaan have good PR and bad business. They seem to be slowly dying. They do not have moat or consumers who can pay or users who stick with them
Coy Olive
Student
a year ago
Dukaan growing while others in the list are not growing like they predicted
Kendall Lee
Stealth
a year ago
Yes
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Probably, there is no VC-funded unicorn in India that is likely to stand the test of its private valuation in a public market
https://www.livemint.com/companies/start-ups/the-era-of-easy-money-unpacking-the-nuances-of-india-s-startup-ecosystem-and-the-challenges-ahead-for-unicorns/amp-11688057748187.html
