Stoa(edtech firm) closing its door.
It’s really sad to see posts like this, when a founder writes about shutting down their startup. Startups are like a founder’s baby.
What are your thoughts on the prevailing bubble surrounding Indian startup IPOs in the market? Do you believe it will persist in this manner, or is there a possibility that it will eventually burst?
When do you think the AI bubble will burst? I think it have already started. I've also seen few brands started mentioning "Made by humans, no AI used". What will be the future?
Your thoughts?
In 2024, several Indian startups shut down due to funding shortages, unsustainable business models, and market challenges.
1. Kenko Health:
Insurtech startup shut in August after running out of funds and facing legal issues with a debt fund.
2
From Garage Startup to B2B Powerhouse
The Genesis:
→ 1996: Founded by Dinesh Agarwal
→ Started in a Delhi garage with just $20
Key Milestones:
1. Early Struggle (1996-2000)
• Convincing SMEs to go online
• Surviving the dot-com bubble burst