Back

PepperTap! We all discuss Successful startups but we can learn Many things from failed startups as well. Here's one PepperTap ( founded by IIM graduates🫡) once was 3rd largest grocery delivery startup. Back in 2014 they raised alot in two series

Spending to Aquire customer is good but you will have to eventually stop. Making profit is the actual goal of a business. So expanding very fast without profits should be done when you have a great support from the VCs or have an existing business

Yup but they couldn't stop acquiring customers due to competition and hence they became loss making and VC also didn't give money because of unsustainable business model

When two companies fight, consumer gets benifited

Example: Quick Commerce, tho they are in losses we get benefits of quick delivery and discounts

Exactly. And below one is different from topic but informative. So last year the most famous investor in india, rakesh jhunjhunwala started akasa Airline with 6 planes. So market leader Indigo, rescheduled 2 planes, 10 minutes before and after the a

Wo hi toh ! When ever new players enter the Market the giants suddenly give better features or something to destroy them. But if you think broadly indigo did nothing wrong as it wants it's sales to grow. Akasa could do something different example:

True. Indigo did nothing wrong. Well akasa is a super low cost airline so they don't have business class 😅. Tho their seats are comfortable then all the airlines. Which is their usp as their price's are less than others but more comfortable. Well

What! Crazy 🤣 lol didn't know that

Which point are you referring to. There are 3 points to laugh about 😅😆(Indigo is right, no business class and profit).