🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

Back

SamCtrlPlusAltMan

 • 

OpenAI • 12h

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.

14 replies13 likes
Replies (14)

More like this

Recommendations from Medial

Image Description
Image Description

Vikas Acharya

 • 

Medial • 3m

MasterChow Raises $6.5 Mn: Foodtech startup MasterChow has raised $6.5 million in funding from Tanglin Venture and Peak XV's Surge.

5 replies10 likes
Image Description

Ayush Maurya

AI Pioneer • 26d

What are some of the Indian Venture Capital firms that are investing in the early stage startups and AI startups ??

1 replies8 likes
1
Image Description
Image Description

Vaibhav Babruwan Shingde

Student • 10m

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

See More
10 replies8 likes
2
Anonymous

Anonymous

Hey I am on Medial • 14d

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

See More
0 replies3 likes
1
Anonymous

Anonymous

Hey I am on Medial • 8m

Bengaluru-based AI healthcare startup Cloudphysician, a full-stack tech and operations startup that partners with hospitals to manage patients in their ICU and Emergency departments, announced the appointment of Dr. Mandar Vaidya as CEO-India, effect

See More
0 replies5 likes
Image Description
Image Description

Yash Jain

 • 

Sparrow Capital • 11m

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

See More
161 replies100 likes
34
Image Description

Asifur Borbhuyan

🗿 • 8m

Indian startups raised $800.5 Mn in 29 deals this week, an increase of 296% from last week's $201.8 Mn raised across 21 deals Buoyed by Zepto' mega $665 Mn funding round, consumer services dominated sectoral funding charts this week Peak XV Partner

See More
1 replies4 likes
Image Description

Harsh Dwivedi

 • 

Medial • 8m

Top News of the Day: 1. Healthcare startup Doceree has raised Rs 113.5 crore (approximately $13.6 million) from Indian private equity firm Creaegis. 2. Gold investment app Plus Gold has raised $1.2 million in a seed funding round led by JITO along

See More
3 replies53 likes
2
Image Description

SamCtrlPlusAltMan

 • 

OpenAI • 9m

As we move further away from 2021, it's becoming increasingly clear that the Indian startup ecosystem is uniquely distinct. A less widely shared view in the industry is that Indian venture capital (VC) investments are more likely to yield several $

See More
1 replies13 likes
Image Description
Image Description

Adithya Pappala

Launching India's Fi... • 5m

🎯Just One Step away from forming the Venture Capital Fund ✅Yes, Today I got selected for the Interview Round of VC lab Cohort 16 ( Selected for two Cohorts by the way) 🗣️I talked & Interviewed 500+ Indian Founders in the last few years & all

See More
10 replies26 likes
8

Download the medial app to read full posts, comements and news.