Experimenting On lea... • 1y
Can you name a startup that had the following but are dead now : Good USP Solving A great problem Decent Business model ( Don't include the one copied from foreign)
CHAIRMAN - BITEX IND... • 1y
Vending machine start-ups
Hmm yea but based on Indian behaviour it was obvious that they would fail. But yea that's one thing.
So what is your opinion ?
What I think about vending machine is they are solving a issue but in India every gully has a store so why would people use vending machines also in India recently heard a news a ATM machine was stolen so vending machine can also be stolen easily which cause another concern to the startup of vending machine. In Japan it was successful because of their distribution, security and people there are very disciplined if compared to India.
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