Prev- Founder & CEO ... • 1y
Indians hate startups, especially companies that burn money and raise money but the truth is that 99% of Indian businesses don't make money See in India there are only 13M small businesses,88% of them are sole proprietors Out of 13M businesses, 5M businesses don't even make a rupee in revenue Close to 7 million businesses make less than a crore Out of 13M businesses, only 11,000 businesses make more than 500 crore in revenue Now most startups that raise money, want to get into the category of making more than 500 crore per annum Mostly the businesses that make more than 500 crore in revenue are B2B Businesses, software services, financial services, healthcare and education Hence to disrupt these categories you need capital and burn a lot of money in the early days
Prev- Founder & CEO ... • 1y
Most small businesses fail in India, 50% of small businesses don't even make a rupee but why is that, To Give you a deeper understanding, There are only 11M small businesses in India,88% of them are sole proprietors Out of 11 Million businesses
See MorePrev- Founder & CEO ... • 9m
Many assume most of the small businesses in India don't make money, which is true as 30% of Indian SMBs don't. But there is an interesting trend, that has shaped in the last 12 months. Indian business ecosystem has added "500k" businesses to the 1
See MoreVenture Capital Focu... • 3m
Startups don’t die because they have bad ideas. Most die because they run out of money. And that’s exactly why understanding Burn Rate and Runway is crucial. Burn Rate is the amount of money a startup spends every month to operate salaries, rent, ma
See MorePrev- Founder & CEO ... • 1y
India with a population of 1.4 Billion has more than 54% of teens and youth. India has a working population of 500M - we are still exam-driven not skill-driven. Even with all government reforms, India is the most challenging country to build a busi
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