Indian startups this Week
1. On a weekly basis, startup funding slipped 71% to $125.13 million as compared to $447.6 million raised during the previous week.
2. Praveen Sharma, senior vice president of business at Paytm’s parent entity One 97 Commu
Entirely owned by the Kamath’s :o Valued at 30000 Cr. Bootstrapped. Are they the most successful entrepreneurs of India?
3 replies17 likes
Laxit Rana
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Repute • 2m
Finished implementing phonePe in my company and to my surprise total merchant traffic of phonepe was more than of Paytm, Amazon Pay, flipkart seller and Bharatpe all combined. we may be using Gpay or Paytm for day to day transactions but it's PhonePe
🚨 Market Share of UPI Apps (July 2024)
• PhonePe - 48.3%
• Google Pay - 37%
• Paytm - 7.82%
• Others - 6.88%
CRED is Now The 4th Largest UPI Player.
1 replies6 likes
Laxit Rana
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Repute • 3m
PhonePe/Gpay revenue Model :-
Someone anonymously asked about revenue model of these two so let's break it down for him and for everyone else who is interested in it and is not aware of.
I am assuming you are already familiar with such UPI platfor
Phonepe was acquired by Flipkart in 2016.
Later
In Dec 2022, PhonePe separated from Flipkart, but both companies are still owned by Walmart.
So, why need another UPI app?
Unacademy, once valued at $3.4B, now reportedly selling for just $800M.
Byju's, once a $22B giant, now worth nothing.
Was the entire ed-tech boom just hype?
6 replies2 likes
Samiksha Singh
Stealth • 7m
Can anyone please tell me about founders or entrepreneurs who didn't do well in their boards or academics and now are really successful??
6 replies5 likes
Mr Z
Stealth • 4m
Zomato Acquired Blinkit For $600 Mn in 2022
Blinkit is Now Worth More Than $13 Billion
One of The Most Successful Acquisitions.
Is it worth learning RUST now?
Are these people valued in the industry?
Can I think of Rust as a primary thing in my career.
What about positions hiring these people, enough? Or very rare?
If yes then what's the future Roadmap /stack?