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.

12mo ago
tenxengineer
tenxengineer

How about PhonePe? They have increased the hiring lately.

Okay, honestly, the company I work with is a startup and they're a little old school and secretive so I don't know their source of funds but I know they're sticking to their time lines super super well

I mean, they've launched on all the preplanned dates, their products are live as per promise, they even had their TGE at the date they'd first decided and are on a steady track to be listed with some great exchanges

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