Share valuation just dropped by > 60%. From 5B to 2B. Goes to show that you canāt make money (yet) from tier 2 and tier 3 India even if you have a lot of users.
8 replies20 likes
Chamarti Sreekar
StealthĀ ā¢Ā 1m
Random thought : to be successful as a founder you need all or at least either of these
1.Privilege
2.Expertise
3.Luck
7 replies3 likes
Uttkarsh Singh
StealthĀ ā¢Ā 3m
Tier 2 and tier 3 cities in India are becoming significant hubs for startups, approximately 45% of the country's recognized startups ~ DPIIT
guys what do you think there is opportunity to build q commerce platform and expanding in tier 2 and tier 3 cities same as meesho did where the flipkart and Amazon focusing on tier 1 meesho find the opportunity and grabbed the tier 2 and tier 3 city
What about an app which connects property buyers and sellers directly, particularly for tier 2 and tier 3 cities?
8 replies7 likes
kamal p
StealthĀ ā¢Ā 6m
Problem- 60% of the carts on e-commerce websites are abandoned in tier 2 cities due to longer delivery times.
Solution- Become Amazon prime/meesho for tier 2 cities by opening a warehouse in major tier 2 cities and give faster deliveries.
Products
Is college a necessity today who have done their non med in 12th?if anyone doesn't get tier 1 or tier 2 engineering college ,should one join a college or no?