🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Pods

Back

Inactive

AprameyaAI • 1y

Ever heard of Finomena? Probably not, because they fizzled out faster than a cheap firework on New Year's Eve ☠️ (Sorry for this!) Founded in 2015 by two hotshots fresh from big tech, Finomena promised small loans to India's young guns. But like a rookie sprinter facing speed from Avengers they stumbled right out of the gate. Let's break WHAT HAPPEND WRONG? 1. Flawed Credit Model: They couldn't tell a good risk from a bad one, leaving investors running! (downfall horha) 2. Capital Conundrum: As a wannabe bank without the perks, they were starved for cash faster than a college studs (notty) 3. Market Mayhem: In a sea of fintech sharks, they were the plankton. Paytm and Mobikwik? More like Goliath and Godzilla, Everyone mogged finomena! 4. Debt Disaster: They borrowed like there was no tomorrow, until tomorrow came crashing down like a ton of bricks. So, what's the moral of this FINOMENA tale? And who's next in line for the startup graveyard in India ? 🥹 Let's connect:)

1 replies4 likes

Replies (1)

Inactive

AprameyaAI • 1y

Finomena investors

0 replies

Recommendations from Medial

Chamarti Sreekar

Passionate about Pos... • 3m

“Market’s down.” “Why?” “China.” “What happened? Did they invade Taiwan early? Did their economy collapse?” “They made a slightly faster chatbot.”

0 replies10 likes

Anonymous

Hey I am on Medial • 6m

Bummer, known for its comfortable innerwear, has introduced vending machines to offer shoppers a faster, hassle-free buying experience for basics like underwear.

3 replies9 likes

Ashutosh Mishra

Founding Member @Out... • 2m

Once, SaaS was the future. Now? It’s just a stepping stone for AI. Automation was phase one. Phase two? Replacing entire teams. Startups will scale like never before, without bloated payrolls, without inefficiencies. The best founders aren’t chasi

1 replies3 likes

Comet

#freelancer • 2m

How exactly does the thinking of a rich person differ from that of a poor person? Learn to think like a business owner, not like an employee. ▪️A business owner, as a rule, always knows how to quickly make decisions and be responsible for them. ▪️

0 replies19 likes

Yogesh Jamdade

..... • 11m

NumPy 2.0: A Game Changer (Released June 2024) NumPy 2.0, released in June 2024, is a major update for scientific computing in Python. Here's what's exciting: Variable-length strings: Finally! Store and manipulate text data with ease using new `Str

0 replies15 likes

anant

Nothing • 6m

great day of test match coming up tomorrow india vs australia tune into star sports as australia likely to take lead n india would like to wrap quickly what a intense day it was 17 wkt fall india india india

0 replies1 like

Thakur Ambuj Singh

🚀 Entrepreneur | Re... • 1m

Winning Through Unmatched Reach! 🚀 Companies like Apple, Amazon and Nike dominate by controlling their distribution channels ensuring products reach customers faster and more efficiently. A strong distribution moat keeps competitors out! 📦🔥

6 replies17 likes

Pranjal Majumdar

Hey I am on Medial • 3m

"Big Changes in Credit Score Rules by RBI – Here’s How It Affects You!" Starting January 1, 2025, the RBI has introduced new rules that will make credit score updates faster and more accurate. Here’s what you need to know: ✅ Credit Score Updates Ev

0 replies15 likes

Comet

#freelancer • 5m

Fail Faster to Succeed Sooner! Failure isn't the end; it's the beginning of your growth. The more you fail, the more you learn. The more you learn, the better you get. Each failure is a stepping stone to success. So why wait? Fail faster, l

2 replies3 likes

Gigaversity

Gigaversity.in • 1d

Kubernetes Operators = Hotel Managers Who Remember Your Preferences Personalized Service Without Asking Most hotels just give you a room. But the great ones know exactly how you like it. Extra pillows? Black coffee at 8 AM? Jazz music when you enter