๐ช๐ต๐ฎ๐ ๐ช๐ฒ๐ป๐ ๐ช๐ฟ๐ผ๐ป๐ด: ๐๐ถ๐๐ต ๐๐ผ๐ผ๐ฑ๐ฝ๐ฎ๐ป๐ฑ๐ฎ?๐ผ Remember those SRK ads for Foodpanda in 2015-16? Founded in 2012 in Singapore, it quickly became a leading food delivery platform expanding rapidly in Asia by acquiring existing brands. In India, they purchased TastyKhana.in and Just Eat India in early 2015, achieving around 200,000 daily orders. Despite this growth, they failed so: #What Went Wrong? โข Operational Issues: Rapid expansion without building a solid product led to inefficiencies like delivery delays, incorrect orders, and poor coord. with restros. โข Frequent Management Changes: After Rocket Internet investment, OG founders started to leave. Not familiar with Rocket Internet, check out my previous Jabong post. โข Fierce Competition: By the time they gained momentum under Ola, Swiggy and Zomato had dominated the market. โข Financial Struggles: Poor tech infrastructure led to lack of trans. records, allowing exploitation frm cust., Restros to dlivery partner๐
๐ช๐ต๐ฎ๐ ๐ช๐ฒ๐ป๐ ๐ช๐ฟ๐ผ๐ป๐ด: ๐ช๐ถ๐๐ต ๐ท๐ฎ๐ฏ๐ผ๐ป๐ด! ๐ Jabong, once a favorite fashion shopping destination in India, was founded in 2011 by Arun, Pravin, Lakshmi, and Manu Kumar Jain( MI guy ). Their mission was to revolutionize how people bought
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