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, 5 Million small businesses don't even make a rupee in revenue Close to 7 Million small businesses make less than a crore Less than 2 Million small businesses make between 1 crore to 10 crore only 11,000 businesses make more than 500 crore in revenue Now most businesses failing is simply because of their nature of their business They are in the business of being a broker between a seller and buyer and establishing a trade is always a small-margin business. But if you can innovate, and manufacture a product that solves a strong problem, there is a lot of room to build a huge Indian brand.
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
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 MoreBuilding WelBe| Entr... • 4m
Rapido announces first ESOP liquidity program Ride-hailing firm Rapido has announced its first-ever Employee Stock Ownership Plan (ESOP) liquidation program for its current and former employees. Through this initiative, employees are eligible to
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
See MoreHey I am on Medial • 5m
The Year of Indian Startups' IPOs Series : 1. Groww -> • Groww is planning an IPO to raise approximately ₹6,000 crore, aiming for a valuation between $6 billion and $8 billion. • In FY24, Groww reported ₹3,145 crore in revenue from operations, do
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