Back

Shyam Kumar

Startup as a dream • 3m

The dark side of India’s startup boom | Corporate governance matters šŸ”šŸ’” India’s startup ecosystem is growing rapidly – ​​but behind the glossy headlines and billion-dollar valuations, a harsh reality is unfolding. šŸš€šŸ’ø In the race to become the next unicorn šŸ¦„, most startups are sacrificing a crucial pillar: corporate governance. āš–ļø Recent revelations from formerly-famous startups like BluSmart, MedikaBazaar, Zilingo, BharatPe, and others highlight a frightening trend – misappropriation of funds, exaggerated revenues, governance lapses, and founder hubris. šŸ˜±šŸ“‰ What’s worse? Most investors, blinded by pitch decks and market opportunities, ignore due diligence. šŸ™ˆšŸ’¼ Growth without governance is a time bomb. ā³šŸ’£ As founders, we need to build with integrity. šŸ—ļøāœØ As investors, we need to invest with responsibility. šŸ’°šŸ” And as an ecosystem, we need to prioritise ethics along with innovation. šŸŒ±āš–ļø Let's not chase unicorns. Let's build sustainable, responsible businesses. šŸ¦„āž”ļøšŸŒ

Reply
1
9

More like this

Recommendations from Medial

Image Description

Dharmesh Gajera

Entrepreneur | Dream... • 11m

Hindenburg Report: New Evidence Points to Adani-SEBI Battle Intensifies as Whistleblower Exposes Alleged Ties Discover the latest developments in the ongoing Adani-SEBI controversy as a whistleblower reveals alleged connections between SEBI's chair

See More
2 Replies
1
Image Description

Chirag

 • 

&OTHERS • 2m

Another one bites the dust. Builder.ai — once backed by Microsoft and hailed as the future of no-code apps — is now in deep trouble. Legal chaos, governance issues, insolvency risks, and allegations of mismanagement. They raised over $450M. Now the

See More
3 Replies
2
9

Mridul Das

Introvert! • 4m

This is Bangalore⚔ Yaarrr...... šŸ‚The city of dreams for those who have lost sleep chasing their ambitionsšŸ‚ šŸ„A $158B šŸ’µstartup ecosystem šŸ„More thanĀ  40 unicornsšŸ¦„ born here šŸ More than 101K engineers graduate yearly šŸ400+ R&D centers—Samsung

See More
Reply
1
3
Image Description
Image Description

Nandishwar

Founder @StudyFlames... • 6m

6 STARTUPS THAT ENTERED THE UNICORN CLUB IN 2024 šŸ¦„ After a quiet 2023, India’s startup ecosystem bounced back with a bang in 2024! Here's a look at 6 trailblazing startups that achieved $1B+ valuations this year: šŸ’” Unicorns of 2024 1ļøāƒ£ Krutrim –

See More
6 Replies
3
9

Kartik Dhuria

Product led growth M... • 3m

What went wrong with BluSmart isn’t just fraud—it’s a wake-up call for India’s startup ecosystem. 🚨 A company positioned as the future of clean, electric mobility now faces allegations of siphoning off ₹262 crore in loans meant for EVs—to fund luxu

See More
Reply
5

Charchit Vishwakarma

Startup enthusiast w... • 4m

šŸš€ Hello Startup Founders! Need Help with Legal & Compliance? šŸš€ Hi everyone, I’m Charchit Vishwakarma q, a Company Secretary (CS) student passionate about helping startups with their legal, compliance, and business setup needs. āœ… Need guidance on

See More
Reply
1
4

Kunal K

Here to share my tho... • 4m

India’s economic trajectory remains strong in 2025, with a projected GDP growth rate of 6.5-7%, making it one of the fastest-growing major economies. Despite global headwinds, India’s resilience can help survive the tough times. Key Growth Drivers:

See More
Reply
3
Image Description
Image Description

IncorpX

Your partner from St... • 2m

BluSmart’s Reboot: A Story of Promise, Pitfalls, and Possible Redemption In a dramatic turn for India’s all-electric ride-hailing pioneer BluSmart, major investors including BP Ventures are now in advanced talks to acquire co-founder Anmol Singh Jag

See More
2 Replies
2
15

EVINDIA

Stay updated with th... • 26d

India’s EV Ecosystem is Charging Ahead: Key Highlights You Shouldn’t Miss . . From stealthy launches to strategic partnerships and greener infrastructure, India’s EV landscape just had another power-packed week. Here’s a breakdown of the 7 most impo

See More
Reply
6
Image Description
Image Description

Medial Startup Trivia

Trivias Around start... • 7m

šŸš€ 2024 In Review: India’s Startup Ecosystem Flourishing Despite Challenges šŸ‡®šŸ‡³ šŸ¦„ Unicorn Club of 2024: Six New Additions This year, six startups crossed the coveted $1 billion valuation mark, bringing India's total unicorn count to 118. Together

See More
5 Replies
1
16

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