Onecard - A unicorn with a valuation of 1.5 billion Usd Spend 1000 crore to make 500 crore revenue and they spend 60% of their operating revenue in ads.
Despite having a good product onecard is spending huge capital to acquire new customers.
7 replies9 likes
Yash Barnwal
Building JalSeva • 27d
📍Is Quick-commerce really a sustainable and profitable business for the long run? because every single company in this sector is doing huge loss or it's just for T1 cities?🦆
really recommend to read this book
it will teach you all the principles you must apply to your brand
i am at 480th page and really loving the concept of iceberg theory
ecommerce website is what customer see but below this is huge things working t
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4 replies4 likes
Satyam Maurya
Startup • 1m
Is building something around finance related is huge risk?