Growth Startups in India
Which are growth startups in India which are doing great amidst the macroeconomic situations and which you are bullish about for the next few years?
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.
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
Which are growth startups in India which are doing great amidst the macroeconomic situations and which you are bullish about for the next few years?
Lately many of the startups faced valuation cuts. Baron Capital cut Swiggy by 40%, Blackrock and Pepsis cut Byju’s by 70%, SoftBank cut Oyo by 70%. Just to name a few.
Everything about Byju’s is very much present here on grapevine. I’m...
List of companies doing silent layoffs using PIP and Cultural fit issues.
Myntra Flipkart Meesho Cars24 Smallcase
I recently worked at a startup and it was terrible.
To be honest, I still worked at one of the better ones but it just sucked.
Some of the clear downsides I see
Creating this thread to help the laid off folks look for their next company.