In category creation burn is OK for acquiring customers, marketing, etc. But in other well established categories why businesses are burning?
Because if competition?
Anonymous 2
Stealth • 8m
Vc money is for burning only. But if you don’t show growth metrics. You’ll Be in trouble.
For example builder.ai they raised 4000 cr
Now they are arrested 🤷🏽♂️🤣
Har 6 mahine paise raise karta tha 💀In Total Raised somewhere around 4000+ cr., appeared on 1)rodies
2) shark tank
3) 100+ influencer collabs
4) wrote a book
Sharechat spent 4000 Cr+ to earn 533cr in rev. What is their future? Have heard from sources that the company is majorly cash-strapped and might go bust in less than two years unless they get acquired or raised at a seriously lower valuation.
21 replies35 likes
Harsh Dwivedi
•
Medial • 9m
Top news of the day-
1. Astrotalk raised Rs. 160 Cr ($20M).
2. Amber raised Rs. 168 Cr ($21M).
3. Byju’s FY23 revenue is Rs. 6509 Cr.
4. Navi is seeking to raise Rs. 600 Cr.
5. D2C food brand Yu raised Rs. 20
6. EV manufacturer Corrit raises Rs. 5
Just imagine that Indian startups raised more than 4000 Cr in a single week. And you are worried if you’d get a placement of 30k a month or not. The game is different. Adapt or be a nobody. There is no tomorrow. You think you have time but you really
Raised $250 million which is Rs. 2000 Crore for this AI pin and now after it flopped they want to sell it at $800 Mil - $1B (approx rs 8000 cr). Delusional founders. I feel sad for their investors. An influencer can really screw you up.
I admire the guts of bluelearn founders. This is not even their early stage. They started this from their college days itself from an telegram account. They made an app, business and raised money.
After all these they thoroughly thought of the mone
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1 replies5 likes
Nithin Augustine k
Stealth • 8m
Burning through funds to capture Market share is TRENDING. For that startup sacrifice the control they have on the business.
To what extent should we raise funds and what all things should we consider about the VC from which we are raising funds.
OR
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5 replies10 likes
Harsh Dwivedi
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Medial • 8m
Top news of the day-
1. Energy Tech firm Kimbal riased Rs. 40 Cr ($5M).
2. Attron Automotive raised Rs. 4.76 Cr ($573960)
3. AuthPay raised Rs. 3.7 Cr ($450,000) from Scope VC.
4. Reddit aims to raise $748Mn in it's planned initial public offerrin
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5 replies15 likes
Harsh Dwivedi
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Medial • 2m
Consumer Internet is not dead in India yet.
Today I found out about an app - Way2News.
Hyperlocal news app. So basically if you want you can get news of a district specifically.
Just raised $14 Million dollars from WestBridge.
The numbers are cr
Top News of the Day:
1. Full-stack eyewear platform EyeMyEye has raised Rs 20.8 crore (approximately $2.5 million) in a new tranche as part of its pre-series A round.
2. Butterfly Learnings, a platform in paediatric behavioural and developmental he