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Welcome to Indian Startups's Private Community

What sector in Indian startups do you think is currently underserved?

What sector in Indian startups do you think is currently underserved?- Grapevine

What do you think is the next big thing for Indian Startups?

What's an Indian startup that you think is solving a crucial problem?

AMA- 15 yrs exp across consulting, VC & Growth stage company. Now a founder

Founder

In which sector are the most startups

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.

Any Indian startups doing well currently ?

Product Manager

I'll go first.

1. even healthcare
2. Hike/Rush
3. Spartan Poker
4. Ultrahuman
5. Invideo

Mention the reason too if possible.
Let's discover some hidden ones. Brownie points if you mention startups that only a few have heard of.

If you know a less-known Indian startup that is doing some crazy shit (not so obvious ones), do mention.

Your turn.

What are some cool startups (Indian) you would love to work with?

As an ex-Ultrahuman employee, I can confirm that you don’t want to work there. 
  
 The culture is cut throat. I was there for an year and I got a total of 3 weekends where I didn’t touch my laptop. 
  
 Credit where its due, founders and people are amazing, it’s just that the expectations are so high that you are constantly overworked.

Marketing Associate

I am building something, say like a social network, for the consumer where they will use it. Now, I don't feel good raising from any VC because of their heinous nature, 

Can I raise pre-seed funding for my startup via equity as tokens worth 1 lakhs- 5 lakhs for my own customers to purchase and minimum hold for 3 years as investment? (Given the value proposition and vision aligns with their customers) 

Is this possible? Ofc. Yes.

Questions: Is this legal? If not, can it be made legal via some procedure like crowd funding? Unlike, ICO.

Can we raise from equity tokens?

Solution Architect

A lot of folks working at startups seem to be "passionate " about their job. Some of them possibly, truly are. Some foolishly reverse engineer this passion because they're paid really well and they've been doing a good job and it's good personal PR to say "passion".  A few reality checks.

1. Your cool Bangalore lifestyle is a result of investment risks/bets taken by VC's .

2. Your salary is as much about the market demand as it is about your " passion " and talent.

3. Startups will generally lower the bar for hiring processes to meet their demand for talent. Why need so much talent? Because the startup  needs to spend that 100M$ Series C that just made them a unicorn. That's how they convince the VC to give more money. "We are going to 2x revenue by 2xing our salesforce and buying 10M$ worth of Saas that will increase our productivity by 5x. " And boom ...100M$ transferred into you SVB bank account.

4. You are as replaceable as a garbage bag on your dustbin. The HR is probably flirting with 10 other like you over linkedin.


5. The "values" this startup apparently espouses are mostly nothing but a honey trap and positioning to lure talent.

It's great to have a nice tech job that pays well and allows you to gloat on twitter like a techbro but don't let it fool you into getting an inflated sense of entitlement. You're probably living on borrowed time....and money. :)

" Passionate " Startup folks

Welcome to Office Gossip's Private Community

Absolutely sad to see the state of the startups, most of them.
I am a founder myself, and this is a post with equal disappointment with myself as much as it is for anyone else who relates.
Look at all these companies that have raised shit tons of capital, and now make a fraction of money that has been invested in them.
The raised money is spent on outsized, non business sense making acquisition costs, only to keep repeating it till the tap runs dry.
Then when all stakeholders get bored, the service quality plummets, the employees are fired and whole sectors are admonished as being bad.

But, my question is, which sector where large sums of money was invested in early days have come out with flying colours. Fucking nothing !
Edtech, proptech, agritech, ecommerce etc. etc. etc. kuch bhi nahi. 

Is there any sector where a startup which has raised in the 100s of millions in the first 5 years have actually built a sustainable business at any scale ?
Then scaling down, isse acha, scale slowly.
The worst part of this whole drama, is pushing the innovation wheel backward and destroying customer sentiment.

Isse acha, raise less money inititally, build slowly, and only scale when the market is ready. Artifical growth makes no sense, unless you have a treasure chest that shall never run out.
Even in that case, spend the money on assets and not on random acquisition costs, direct or indirect.

As founders, let's do better, nahi ?

Rant or is it ?

Let's not rant over filpkart or others as tech startups. They are Tech enabled. Let's share out some tech startups registered on Indian soil with over 100 million dollar revenue. And discuss, why are you not creating one (if you have a vision and figured problem-solution-market)?

Eg: China in its developing time had many. Phone companies, circuits companies, gadgets companies, LED TV companies, semiconductors, agritech machines, plane manufacturing companies. 

Tik tok was a simple idea, literally most of you could have built the tech, couldn't you? Then, still why weren't we able to carry such big vision and execution. India received funds very well to replicate tiktok, yet they failed in execution and differentiation.

I struggle to accept a few thoughts;

1) We are less disciplined, less dedicated, and less visionary compared to the general population of China.

2) Maybe we are more western than the western itself. We adopted and copied developed nations present and skipped their past hardwork and dedication.

3) We have grown too practical and not ready to hear impractical ideas.

Share yourself similarly on related topics.

Wonder why India has no deep-tech/device startups.

Get me a Product Management Intern !!!!

Is Getting Jobs from LinkedIn Opportunities just a myth ??

Common "Indian Startups" do your thing🧠👨‍🦯

Here's a breakdown of the potential next big wave for Indian startups:

Deep tech: This involves applying complex technologies like artificial intelligence (AI), blockchain, and Internet of Things (IoT) to solve problems in areas like healthcare, agriculture, and clean energy. Investors are looking for startups that go beyond simple consumer apps and solve substantial challenges.

Focus on intellectual property (IP): Developing new, innovative products and solutions will be key for Indian startups to compete globally. This could involve creating new devices, materials, or processes.

Tier 2 and 3 cities: The startup boom has largely been concentrated in metro cities. The next wave is expected to see more startups catering to the needs and challenges of smaller cities and rural areas.

Social impact: There's a growing interest in startups that address social issues like poverty, education, and healthcare. These startups could use technology to create a positive impact on society.

What is the next big wave for an Indian Startup?

Link to the video: https://x.com/thethomasjacob/status/1715836007835218371?s=20

Any founders/ VC here? Do you agree or disagree with what Khosla said?

I might sound stupid here but please hear me out. 
The market is crowded with so many startups in every domain. Older startups are much more stable, on track to become profitable or are already profitable with a huge market share. Not to forget the legacy companies with deep pockets and years of R&D and experience. Along with the competition, funding is another major pain point now because of various reasons we all know of. 
Also, somewhere I feel we don't face a lot of burning problems we faced a few years back which gave birth to a lot of startups who were actually solving some problem. Most of the new age startups out there are not really solving any problem but just offering premium products or services targeting just the high earning individuals. Most of the new ideas are repetitive with no major differentiation or value add. 
Because of all these reasons, I feel we might see very few new startups in future let alone successful ones. 

Share your thoughts please!

What's the future of start-ups and start-up ideas?

Analyst

Anyone building for the media and entertainment industry? Would love to learn if you know anyone who is building for this.

Growth Manager

Hi, any market (eg construction, legal etc) you think has a gap/problem that can be solved by tech, but it hasn't been utilised that yet?

What Indian markets need to have tech

I will go first: 
Supam Maheswari, 3 unicorns, 2 of them are profitable (FirstCry, Xpressbees) (Globalbees)

Kishore Biyani, founder BigBazaar

Who are the people in Indian Startup space you greatly regard to?

Software Developer

Considering Edtech, Fintech, E-commerce is done

What is the next big thing in India?

Looking for sectors to focus in the near future - want to get into entrepreneurship’

What do the people of India - any solid sectors that can have a great impact  or be looked into




Love to hear from anyone on this - looking for problem to work on 
And hopefully build a start up  in few year or two 

Anyone ?

Futuristic ideas for a better india HeLp

Customer Success

Hello everyone,

I'm Varun, the co-founder of Mesa School of Business. We’re Asia’s first startup focused business school focused on fostering the next generation of startup leaders in India.

Prior to Mesa, I was a Sr. Product Manager at Amazon in Seattle, and did my MBA from Kellogg School of Management.

I'd love to chat with you folks about my journey in building Mesa, my thoughts on higher education, 0-to-1 building, amongst other things.

Ask me anything! :)
I'll be back at 5 pm and start answering.

What sector in Indian startups do you think is currently underserved?

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