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
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Anonymous 1
Stealth • 8m
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Aarihant Aaryan
Stealth • 8m
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
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
Onecard - A unicorn with a valuation of 1.5 billion Usd Spend 1000 crore to make 500 crore revenue and they spend 60% of their operating revenue in ads.
Despite having a good product onecard is spending huge capital to acquire new customers.
7 replies9 likes
Mahendra Lochhab
Stealth • 13d
Jio financial services made a profit of ₹294.8 crore in Q3FY 25, which is 0.3% more than Q3FY24 and the company's revenue is ₹438.4 crore, which is 6% more than the revenue of ₹413.6 crore in Q3FY24.
0 replies5 likes
Sajin
•
Foundation • 1m
FY24 Coal India revenue: ₹30672 Crore
FY24 Zomato revenue: ₹6274 Crore
Coal India pays more dividend than the revenue of Zomato.
Then why does Zomato have higher valuation than Coal India?
26 replies3 likes
Rishi Chavan
Stealth • 5m
Can existing businesses and not startups also raise VC money?
1 replies4 likes
Aarihant Aaryan
Stealth • 10m
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
The Year of Indian Startups' IPOs Series :
1. Groww ->
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