This startup could have killed Rajorpay. But it couldn't.
This is the story of Airpay, a fintech startup founded by Kunal Jhunjhunwala in 2012.
He realized many small businesses, especially in rural and semi-urban areas, struggled to accept online
These niche industries are so interesting, probably wouldโve never even known this existed if it wasnโt for medial lol ๐
And essentially I feel like these are the startups that will successfully & sustainably raise beyond Series A and further. With
Built Ola when Uber already existed
Built Ola electric when Ather already existed
Building Krutrim when ChatGPT, Claude, Mistral already exist.
What's your take on this comment?
Can anyone please help me understand, why the startup craze has cropped up now? Idea of doing a business existed long back, problems existed even back then for people to pick and solve. What changed now? Why everyone wants to do a startup nowadays?