{"id":2169,"date":"2022-12-19T02:26:53","date_gmt":"2022-12-18T20:56:53","guid":{"rendered":"https:\/\/ranajayant.com\/blog\/?p=2169"},"modified":"2022-12-20T19:03:42","modified_gmt":"2022-12-20T13:33:42","slug":"poor-startups","status":"publish","type":"post","link":"https:\/\/ranajayant.com\/blog\/poor-startups\/","title":{"rendered":"List of Startup with a Bad business model, VC fund, and unicorn in India"},"content":{"rendered":"

The very basic definition of business is that “you make a profit”, if you can do that, it’s way better than most of the unicorns losing money with a bad business model. (ie: zomato, zepto, swiggy, ola)<\/p>\n

List of Startup with a Bad business model, fund flow, and unicorn in India<\/strong><\/p>\n

    \n
  1. Zepto (18 YO Stanford Guy loses 390.3cr to make 142.3cr<\/a>)<\/li>\n
  2. OLA (IIT founder, Copied business model from uber)<\/li>\n
  3. Byjus\u00a0 (Class by IITians)<\/li>\n
  4. Zomato (IIT, Bad business model, brought from US, Grubhub)<\/li>\n
  5. Swiggy (IIT Guys, Tough to match the price and fulfillment, brought from US, Grubhub)<\/li>\n
  6. Vedantu (Learn by IIT, bad business signs, Overestimated edtech market in India)<\/li>\n
  7. WhiteHatJr (Learn from IIT, sold dreams)<\/li>\n<\/ol>\n

    Good startups that became profitable and doing 100M+ in profit<\/p>\n

      \n
    1. ZOHO\u00a0 (Bootstrapped, 100M+ profit, Business tech engine brought from outside, not built from scratch)<\/li>\n
    2. ZERODHA (Bootstrapped, 1B+ revenue, 100M+ revenue)<\/li>\n<\/ol>\n

      Reason for failure<\/strong>:<\/p>\n

        \n
      1. Business model<\/li>\n
      2. Overestimated Market Size<\/li>\n
      3. Investor Push\u00a0 to reach the next target numbers (so they can exit on a high valuation)<\/li>\n<\/ol>\n

        IIT was just a tag to get investors. If everyone was assuming the market in countries like India, common sense, and business core basics will continue to win.<\/p>\n

        If an IITian and a common have to assume and do business then I would not like to have an IIT degree a look stupid. I would rather be the common guy and look stupid, or maybe I would like to win my common sense of business.<\/p>\n

        Note:<\/strong> I appreciate the business they are in, but I wish to see their profit someday. I clearly don’t see that happening with their current business model. Despite having a bad business model, it has inspired thousands of people to start their own startups and show India’s strength. At worst, a lot of people got jobs. In this case, the rich became poorer, and the poor got jot to feed the family. Overall, a good execution with a bad business model.\u00a0 Everything is an opinion from my experience. <\/em><\/p>\n

        Think wise, think common business flow, and don’t get flabergasted because an IITian or Stanfordian or Elon musk is saying something.\u00a0<\/em><\/p>\n

         <\/p>\n","protected":false},"excerpt":{"rendered":"

        The very basic definition of business is that “you make a profit”, if you can do that, it’s way better than most of the unicorns losing money with a bad business model. (ie: zomato, zepto, swiggy, ola) List of Startup with a Bad business model, fund flow, and unicorn in India Zepto (18 YO Stanford […]<\/p>\n","protected":false},"author":3,"featured_media":2222,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21,28,6],"tags":[],"class_list":["post-2169","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-career","category-engineering","category-entrepreneurship"],"_links":{"self":[{"href":"https:\/\/ranajayant.com\/blog\/wp-json\/wp\/v2\/posts\/2169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ranajayant.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ranajayant.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ranajayant.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/ranajayant.com\/blog\/wp-json\/wp\/v2\/comments?post=2169"}],"version-history":[{"count":2,"href":"https:\/\/ranajayant.com\/blog\/wp-json\/wp\/v2\/posts\/2169\/revisions"}],"predecessor-version":[{"id":2171,"href":"https:\/\/ranajayant.com\/blog\/wp-json\/wp\/v2\/posts\/2169\/revisions\/2171"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ranajayant.com\/blog\/wp-json\/wp\/v2\/media\/2222"}],"wp:attachment":[{"href":"https:\/\/ranajayant.com\/blog\/wp-json\/wp\/v2\/media?parent=2169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ranajayant.com\/blog\/wp-json\/wp\/v2\/categories?post=2169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ranajayant.com\/blog\/wp-json\/wp\/v2\/tags?post=2169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}