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

News

Messages

Try our Valuation Calculator →

Back

Laxit Rana
•

Repute • 11m

✨ Turning Surplus into Smiles: How Feeding India 🍽️ Transforms Extra Food into Lifesaving Meals 💖 Feeding India is on a mission to tackle hunger and malnutrition with a blend of strategic partnerships and impactful interventions. Here’s a closer l

Anonymous 2

Hey I am on Medial • 11m

There is an app called "Too good to go" in the west which is doing the same thing . I tried to get the concept and made a startup out of it. But failed getting funding in the second round. So we shut it down because of adequate funds. Happy seeing Z

Laxit Rana
•

Repute • 11m

Sorry to hear you had to shut down, but it's inspiring that you pursued such a meaningful initiative! I’m curious—what were some of the biggest hurdles you faced? Sharing your experience could really help other entrepreneurs in the same space.

Anonymous 2

Hey I am on Medial • 11m

Our startup was inspired by the with the goal of reducing food waste by offering surplus food from restaurants and grocery stores at discounted prices. What set us apart was the additional feature of food delivery, making it more convenient for users

Anonymous 2

Hey I am on Medial • 11m

The delivery feature, which we believed would add value, ended up being a financial strain. In hindsight, I wish we had either partnered with established delivery players to manage this aspect or focused on a pickup-only model. This could have reduce

Laxit Rana
•

Repute • 11m

Thank you for these valuable insights! You mentioned that in hindsight, you wished you had either partnered with established delivery players or focused on a pickup-only model. Given the challenges with delivery, what were the reasons you didn’t pursue or revert to the pickup-only model? I’m interested in understanding the decision-making process during the final stages.

1 Reply

Replies (1)

Anonymous 2

Hey I am on Medial • 11m

"Thank you for the question, Laxit. At the time, the delivery component seemed integral to offering convenience and aligning with consumer expectations. We underestimated the logistical complexities and costs, which became apparent later. By the time we realized this, we were already heavily invested in the infrastructure and partnerships necessary for delivery. Shifting to a pickup-only model would have required significant restructuring which requires more funding but we failed to raise that fund. So we have no other ways but to shut down the operation.Actually It's a valuable lesson learned for future endeavors."

1 Reply

Recommendations from Medial

Anonymous

Hey I am on Medial • 1y

What do you think ? Which is the best model to handle pickup delivery in zomato like startup ?

avnish kumar

Hey I am on Medial • 8m

My company offering only Rs.30k franchise courier and cargo .. assure return 10k per day and more delivery and pickup #courier & cargo

Shaurya Pratap

AI, founder, Thinker • 20h

What are the things that you wished that ai would do for you or the product you need the most but market sucks

Chamarti Sreekar

Fcuk imposter syndro... • 3m

In 2010, Gap attempted a rebrand that fell flat, losing millions in the process. The worldwide backlash led to the decision to revert back to the old logo only 6 days later.

Sobuj Sardar

Hey I am on Medial • 6m

To start a laundry delivery service with same-day pickup and delivery, you'll need to focus on building a user-friendly app or website for booking, a reliable logistics network for quick pickups and deliveries, efficient laundry facilities, and excel

Sresh

....... • 3m

Now you will not only experience reaching on time but, food delivery experience as well woth one and only Zepto!

1 Reply

Vikas Batham

Hey I am on Medial • 11m

I create app in Which you can repair your Mobile phone .just booking appointments and courier man pickup your phone in your home and send to the My repair Centre .Where company anylisis the problem and so the issue in your App , confirm the issue you

4 Replies

Aniruddha Dhote

"Turning ideas into ... • 7m

[This post has been deleted by the creator]

Rishabh Agrwal

Desire & faith have ... • 5m

RestroSwap – The Restaurant Exchange Hub" Platform: A digital platform where closing restaurants can list and sell their used equipment, furniture, and supplies to entrepreneurs opening new restaurants. Revenue Model: Transaction Fee: Small percen

4 Replies

Mehul Fanawala
•

The Clueless Company • 1y

Every startup is a battle against time and skepticism. Relentlessly pursue clarity in your vision and adaptation in your approach. You only need one moment of alignment to change everything.