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Vijay rathore

Hey I am on Medial • 1y

2/25 Failed food startups journey Hello, everyone here is the thread of failed startups after enormous success 📈 TinyOwl, a food ordering and delivery startup, hit the scene in 2014, boasting a team of bright minds from IIT Bombay. They were all about connecting hungry folks with their favorite local eateries, promising a hassle-free way to order food right from your phone. With big-name backers like Sequoia Capital and Nexus Venture Partners pouring in funds, TinyOwl quickly expanded its reach, serving up tasty treats in multiple cities across India. Their mobile app made it a breeze for users to browse menus, place orders, and eagerly await their delicious deliveries. But, despite the initial buzz and hefty investments, TinyOwl found itself in a tough spot. The food delivery arena was cutthroat, with rivals aplenty and operational headaches to boot. Keeping costs in check proved tricky, and staying ahead of the competition was no piece of cake.

21 replies43 likes

Replies (21)

Niket Raj Dwivedi
•

Medial • 1y

Love this series. Will make sure it reaches to more people on Medial. Thank you 🙏

1 replies8 likes

Anonymous 3

Hey I am on Medial • 1y

Even early moving advantage is not sufficient sometimes. You gotta keep innovating. In order to stay afloat, whether consumers like it or not. You just gotta be right most of the times.

1 replies5 likes

Vijay rathore

Hey I am on Medial • 1y

In a bid to stay afloat, TinyOwl underwent major changes in 2016, including layoffs and tweaks to its business model. Unfortunately, the efforts fell short, and the company had to call it quits. With giants like Swiggy and Zomato dominating the food delivery scene, TinyOwl just couldn't keep up. The demise of TinyOwl serves as a sobering reminder of the challenges startups face in the fast-paced world of food delivery. It's a tough lesson in the importance of standing out, running lean, and staying flexible in an ever-evolving market. Thank you if you are here and read the full thread then like it and share it with your friends and also follow my channel for the remaining 23 story.

1 replies5 likes

Vaibhav Babruwan Shingde

Student • 1y

You didn't mention the reason : unwanted recruitment of employees

1 replies2 likes

Anonymous 2

Hey I am on Medial • 1y

Great pick brother!

1 replies1 like

Anonymous 1

Hey I am on Medial • 1y

That shows! No matter how good your idea is, execution and strategies you use depends a lot. Their idea was indeed good! But their execution or strategic management led to their failure. That shows, how important it is to have a brilliant team.

1 replies1 like

Havish Gupta

Figuring Out • 1y

Great series man.. really love it!

0 replies3 likes

Vaibhav Babruwan Shingde

Student • 1y

Yes after raising 200 crores from Venture Capital Firms, they failed to manage it properly and one another thing is that Gap in Synergy means different mindset . Reasons of Failure ❌

0 replies3 likes

Mahesh Kumar

From Andhra. • 1y

As per my thoughts, app name must have been HungryOwl and it would have been a hit 😉 Anyways, it's all about not giving up and working out when they are already in funded stage. UI is one main criteria that many companies have to work on. Also, things changed drastically post 2016 only. Timing is many times the key factor.

0 replies2 likes

rahul Pal

Hey I am on Medial • 1y

Much needed series

0 replies2 likes

Rini Paul

Hey I am on Medial • 1y

Love this!

0 replies1 like

Anonymous 5

Hey I am on Medial • 1y

Good thread keep it up .

0 replies1 like

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