Hey I am on Medial • 3m
This is exactly what happens when VCs push for growth without sustainable unit economics. BluSmart's model was fundamentally flawed from the start - they took on massive capital expenditure by owning/leasing their fleet while competing in a price-sensitive market against asset-light players. The math simply doesn't work. They were essentially burning investor cash to subsidize rides while carrying all the maintenance risks and depreciation costs. Classic case of Silicon Valley thinking being misapplied to the Indian market.
Hey I am on Medial • 1y
Hey guys, My idea is essentially an online marketplace connecting marriage function halls with potential customers. This platform streamlines the booking process by allowing users to search, compare, and book venues based on their needs, while genera
See MoreHey I am on Medial • 5m
Indian VC ecosystem is fundamentally against innovation. They’re private market, risk capital investors on paper, but essentially retail type stock pickers with a 7-10 year horizon.. In fact, if you think about true “innovation", things that India c
See MoreEntrepreneur | Build... • 3m
DOWNFALL OF BLUESMART Once one of the most innovative players in electric vehicle (EV) ride-hailing, BluSmart is now knee-deep in trouble. What went wrong? It started with a bold idea: an all-EV fleet to take on giants like Ola and Uber. Unlike its
See MoreLearning | Earning • 1y
The "Mature Tag" From when I was in high school, I have met people who considered themselves to be cool and "MATURED" is what they say This might start a riot, but is it worth it? Not enjoying your teenage, school and college life and just having
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Warriors Without Cau • 10m
Everyday I ask myself a question "Why do we toil for 8 hours daily, yet fall short of what others achieve in just 2? Is more always better, or are we missing the forest for the trees in education?" 🤔 The Indian education system, despite its reputa
See MoreHey I am on Medial • 1y
99.99% of founders don’t end in heaven. While the cannon fodders of Byju Raveendran are vacating the 400,000 Sqft Bengaluru office space, this sarojini market replica of the Neuman couple have already taken out over 300 MILLION DOLLARS in secondary
See MoreStartups | Product • 1y
BluSmart - Revolutionizing Sustainable Mobility in India⚡ BluSmart is an Indian startup that aims to revolutionize the urban mobility sector by providing eco-friendly transportation solutions. Founded in 2019 by Anmol Jaggi, Punit K Goyal, and Punee
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