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Summing Up the Week for you! 1. Fundings: - Indian startup ecosystem was a low-key affair this week as compared to the previous six-day period. Between May 6 and 11, startups cumulatively raised $220.2 Mn across 21 deals, a 30% decline from last w

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Amit Kumar

Stealth • 8m

Yes funding is Overrated Startups and Business are now more focused on getting higher valuation than getting profitable they want to show I'm worth **Billion$ than I've generated **cr in profits. Even big startups like Zomato,Swiggy and Zepto are not profitable. But does valuation really matter?

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Zepto Beat Big player like Amazon, Swiggy. And also D-mart valuation.

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Anonymous
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zepto revenue is more than blinkit and Swiggy combined... isn't that crazy

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Bakhshi- R

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In India the founder focuses on Valuation rather than to become profitable..

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I initially believed that tech startups were the most profitable, but I've come to realize that financial startups actually generate higher revenues.

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Anonymous
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Swiggy laysoff 400 employees. Flipkart laysoff 1000 employees. Microsoft laysoff 1900 employees. 2024 is getting worse than 2023.

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Sajin

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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?

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Zepto and Blinkit are killing Amazon and Flipkart — not Kirana shops! The Crazy Part? Zepto has gone from 0 to ₹10000 Cr in sales in less than 3 years, And is on its way to surpass the 22-year-old DMart in just 18 months!

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