Ola has been great for scale, but Ather has shown that quality and user experience can’t be ignored. We need more healthy competition like this in every industry. Keeps everyone on their toes.
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Sanskar
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Unicorn Alert!
Ather Energy, an Indian electric scooter manufacturer, is now the 4th Unicorn of 2024. After raising $71 million in a funding round led by National Investment and Infrastructure Fund (NIIF) pushing their valuation to $1.3 billion
Fou
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Vivek kumar
Stealth • 1m
Here’s a quick list of failed Indian startups:
1. Zilingo – Shut down due to financial mismanagement.
2. Fynd – Failed due to stiff competition and unsustainable profits.
3. Katerra India – Shutdown due to poor execution and market adaptation is
What next for Ather? A Hero subsidiary status? 😅😅
With the latest development, that has never been more likely.
Let's dive in!
..
Whenever Ather Energy’s in need of more money, Hero pounces in.
-> This was evident in the Sep rights issue where
Deepseek challenging Nvidia is a reminder that competition is inevitable, regardless of company size. As startups, our priority must always be user-centricity.
While we can fix inefficiencies within our business, we cannot prevent others from growin
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Vaibhav Babruwan Shingde
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SoftBank's Vision Towards India!
• In mid-2024, SoftBank Investment Advisers resumed its investments in India after an 18-month long pause.
• SoftBank's portfolio has shown significant growth, with a value of $14 billion, including all Vision Funds
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Mohammed Zaid
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Dunzo's Challenges
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Vaibhav Gupta
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Firstly we had traditional taxis, then Uber and Ola came with their asset light model but still after so many years they were loss making. Now BluSmart has tried to get the best of both the world's, having their own fleet like traditional taxis while
Attrition at Ola Electric is 2.5x of Ather, 5x of TVS and 12x of Hero 📛📛
The employee attrition woes at Bhavish’s company are simply too big to ignore, now that it is a public company.
..
At 47.48%, for those who may not get it, this implies tha
ONE INTERESTING OBSERVATION SERIES
DAY #9
Koo, an Indian social media platform, is shutting down. One of the major reasons for its downfall was lack of user engagement.
But there's another Indian social media platform with some interesting statist
2024 - saw a surge in India's IPO market with startups like Swiggy, Ola Electric and Blackbuck going public.
13 Startups raised→ ~₹29,000 Cr, as per Avendus.
Accel's founding partner Mr. Prashanth Prakash predicts another strong year → 70-100 IP