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No product, no problem!! VC's are still funding pre-product companies. 👇 Koo's founder Mayank Bidawatka raises $4M in seed from Blume, General Catalyst and Athera even before beta launch. This comes after 2 months of Pre-seed and announcement o

“2 million daily active users to Failure” Billions to Bankruptcy #11 Koo was founded in 2020 by Aprameya Radhakrishna and Mayank Bidawatka as a microblogging platform for Indians in multiple languages.Initially experienced a rapid rise due to its p

Why KOO Failed? Product Superiority : Koo aimed to disrupt rather than create a new category, needing to be significantly better ( for users and brands) than X.com. Achieving this required time and capital, scarce during a funding downturn. One inte

I worked with Mayank back during the Goodbox days, a very soft spoken person. Despite of what markets play, an entrepreneur keeps building one thing or other until they receive a key success. But what killed the Koo bird? 1. Differentiation: - N

1K Kirana, a kirana tech startup, is facing potential bankruptcy and a distress sale after significant operational struggles. Founded in 2018, it expanded rapidly during the pandemic but has since downsized drastically, reducing its workforce from ov

Another story of a failed product by a tech giant! In 2013, Facebook launched Facebook Home, an ambitious project aimed at revolutionizing smartphone interfaces by deeply integrating the social media platform into Android devices. The idea was to tr

Business Incidents BlackBerry a pioneer in the smartphone industry. Despite initially dominating the market with its secure email and messaging services, BlackBerry failed to innovate and adapt to the rapidly changing smartphone landscape. The compa

Koo's Fall: Twitter's Indian Challenger Bows Out India's homegrown Twitter rival, Koo, is shutting down. Let's unpack its journey: The Rise: → 9M+ monthly active users → $285.5M valuation → Multilingual appeal The Fall: 1. Funding Drought • Add

🚀 2024 In Review: India’s Startup Ecosystem Flourishing Despite Challenges 🇮🇳 🦄 Unicorn Club of 2024: Six New Additions This year, six startups crossed the coveted $1 billion valuation mark, bringing India's total unicorn count to 118. Together

𝗪𝗵𝗮𝘁 𝗪𝗲𝗻𝘁 𝗪𝗿𝗼𝗻𝗴: 𝗪𝗶𝘁𝗵 𝗗𝗼𝘂𝗯𝘁𝗻𝘂𝘁?🧐 A good idea makes no sense if you can't monetize it. Founded in 2016, Doubtnut was a brilliant idea solving student problems in a way no other edtech in India was doing. The concept for the