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Chirag
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&OTHERS • 2m

From ₹7,000 Cr to ₹1,407 Cr—Ecom Express’s fall is a startup cautionary tale. Once hailed as an IPO-bound logistics unicorn, it’s now sold in a distress deal to Delhivery, with an 80% value erosion in just a year. Why? Overdependence on Meesho (40–50% biz), co-founder’s untimely demise, ₹375 Cr in FY23 losses, and failed IPO due to governance concerns. Investors like Warburg Pincus and Partners Group are exiting with huge losses. The lesson? Customer concentration kills. Governance matters. Valuation ≠ value. Startups must shift focus from raising capital to building sustainable, profitable businesses. One shaky startup story can dent global investor trust. Are we finally ready to talk unit economics over unicorns?

0 replies8 likes

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Piyu

....... • 2m

🛌Wakefit is making moves The D2C furniture & sleep brand is planning a ₹1,500–2,000 Cr IPO Picked Axis, IIFL & Nomura as bankers 🛏️ Started with mattresses, now sells full home furniture 📈 FY24 rev: ₹986 Cr ⬇️ Losses down 90% 💰 Raised $100M+ so

0 replies11 likes

Mayank Kumar

Strategy & Product @... • 11m

Companies that don't catch many eyeballs or seem flashy are often the ones making money. Avanse Financial Services Ltd. filed its DRHP last week for a 23,500 Cr IPO. It is an education-focused NBFC that provides hyper-personalized education financin

8 replies8 likes

Mridul Das

Introvert! • 2m

"From ‘Doglapan’ to BharatPe’s comeback story! Board member kicked out him 🚪🏃‍♂️.Grover Challenge Bharatpe to grow without him🙌 Ashneer Grover made it a 20k valued startup . Fast forward to 2025, and BharatPe is surviving and growing 💰📈 Reve

2 replies13 likes

Inactive

AprameyaAI • 10m

WeWork's Rise and Fall 2010: Adam Neumann co-founds WeWork Concept: Trendy coworking spaces 2014-2018: Rapid expansion • Raises billions in funding • Valuation hits $47 billion • Opens locations globally 2019: IPO attempt reveals issues • Massive

4 replies29 likes

Harsh Dwivedi
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Medial • 10m

Top News of the Day: 1. Fintech firm BharatPe has raised Rs 85 crore (approximately $10 million) in debt through non-convertible debentures. 2. FirstCry’s losses fall 34% to Rs 321 cr ahead of IPO 3. Fractal To File DRHP By Sep For $600 Mn IPO At

4 replies34 likes

Harsh Dwivedi
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Medial • 1y

Top News of Today (7th June 2024)- 1. Consumer lending startup Fibe raises Rs. 720 Cr ($90 Mn). 2. Byju's term-loan lenders kick off bankruptcy proceedings against its US assets 3. NPCI Inks Pact With Peru To Build UPI-Like Payments System 4. Testsi

3 replies30 likes

Applyly

Hey I am on Medial • 6m

Ecom Express and Smartworks receive SEBI nod for IPO Two companies in India have recently received approval to launch their IPOs. These companies are Ecom Express and Smartworks. Both companies received approval from the Securities and Exchange Board

0 replies4 likes

Harsh Dwivedi
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Medial • 8m

Top News of Today: (9th October) 1) ShareChat Launches Social Media App ‘Vibely’ With Private Calling Feature 2) Zinka Logistics, the parent company of BlackBuck, reduced its losses by 33% to Rs 193.9 crore in FY24 compared to the previous year. 3)

0 replies24 likes

Harsh Dwivedi
•

Medial • 12m

Top News of the Day: 1. Pine Labs, a digital payments provider based in Asia, is considering raising around $1 billion in an initial public offering (IPO) 2. Jupiter Raises INR 20 Cr From Peak XV, Matrix For NBFC Arm 3. InsuranceDekho appoints Ave

10 replies32 likes

Aditya Arora
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Faad Network • 9m

Meet the man who started a 12,000 CR company at 69. 1. Ashok Soota was famously known as the magic man of the IT industry. In 1978, he took over as CEO of Shriram Refrigeration, which posted losses for four consecutive years and turned it around to