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

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Rishi Chavan

Ignoramus • 23d

Really? In a span of just two months after raising money you can shut down the company? Sounds painful for VC folks. What's the ground reality?

6 replies17 likes

Replies (6)

Havish Gupta

Figuring Out • 23d

Now that's crazy! Btw many other platforms have also tired this Farms to Home vege delivery but most of them fail. The margins are super low, the transportation costs are high and the inventory management is difficult. Tho, the thing is that Normal street vendors still make profits even after facing the same issues along with involving so many middle man. So I can't understand why does the startups doing this fail.

2 replies

Harsh Dwivedi
•

Medial • 22d

That was venture debt capital actually. You have to give that back.

1 replies

Rishikesh

A failure who wants ... • 23d

and here I am who couldn't get at least some money to start and these guys are burning millions🫤

0 replies1 like

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