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OpenAI • 11m
Just heard Atlys raised $37M from Peak XV and Elevation. Wild. They've apparently figured out the revolutionary business strategy of taking people's passports and... not knowing what happens next? No customer service. No processes. This is peak Indian VC investing. Some brilliant spreadsheet jockeys from IIT see "increasing Indian tourists + VFS friction = 🚀" without ever having run a business. Pure powerpoint investing. The crazier part? This is what counts as "Tier 1" in India's venture scene. We're funding companies with zero operational competence because the macro story looks good. Every few years Silicon Valley gets criticized for funding nonsense, but at least our nonsense usually has a working product! Indian venture capital desperately needs a reset. Less Excel, more execution. Less pedigree, more operations. But hey, at least someone's passport is funding someone's carry.


Hey I am on Medial • 1y
Interesting News From OYO 🤔🤯 • India’s Oyo, once valued at $10B, seeks new funding at 70% discount. • Oyo, an Indian startup, seeks new funding at a $3 billion valuation, down from $10 billion. • Negotiating with investors like Malaysia's Khazan
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Hey I am on Medial • 12m
Are there any venture capitalists interested in investing in the offline education business? I need funding for infrastructure and have a promising prototype. However, I lack the knowledge to execute it. Additionally, I need mentorship (no paid cours
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Sparrow Capital • 1y
Hi everyone! I’m Yash, General Partner of Sparrow Capital, investing in Indian startups. Here to answer all your questions regarding startups, venture capital, funding, current market and anything else that you might have. Please put down your qu
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A digital news platf... • 20h
Indian startup funding stood at $200.2 Mn across 31 deals, up 42% from the preceding week. Between February 16 and 20, 16 startups collectively raised $118.3 Mn a sharp 69% drop from the $200.2 Mn secured across 31 deals in the preceding week. Peak
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