• Today's Topic Is : Stages Of Funding Rounds
• Before discussing the funding rounds, let's understand why funding is necessary :
• Funding is necessary to start any company or to build MVP or Testing the Products.
•Types of Funding Rounds:
1.
Google Pay + Paytm = PhonePe 💥
What made PhonePe succeed in this market with such competitors❓
Reply what you think about it 🤔👇
26 replies10 likes
Havish Gupta
Figuring Out • 10m
Most of biggest and popular startups like Tesla, PayTm, etc are new inventions.
So do you all think that a startup should focus on building something new instead of copying an idea?
33 replies15 likes
Arun Bairagi
Serious Thinker • 5m
Thinking to start a random questions thread to develop knowledge.
Q1-
If you are starting an aggregator business (like Uber, ola, oyo, etc.), how will you bring intital partners for your platform?
I was a user of Google Pay and Paytm but once I started using Phonepe, nothing else was good enough.
7 replies14 likes
Laxit Rana
•
Repute • 5m
Finished implementing phonePe in my company and to my surprise total merchant traffic of phonepe was more than of Paytm, Amazon Pay, flipkart seller and Bharatpe all combined. we may be using Gpay or Paytm for day to day transactions but it's PhonePe
I can verify this. My father has a shop, and almost 80% of the payment transactions are done online.
Here's apps breakdown.
1. Phonepe : 70%
2. Gpay : 15%
3. Paytm : 7%
4. Others : Bhim etc.
But to my father it's frustrating and he's not liking it
