My takeaway from the recent startup IPOs scenes
Age no bar- Falguni Nayyar started @MyNykaa at 50 and @riteshagar started @oyorooms at 18! (IPO yet to come)
Place no bar- @vijayshekhar comes from a small town and humble background.
All self made billionaires!
One dozen startups/companies post profits in FY21 so far
▪️Zoho
▪️Zerodha
▪️Navi
▪️Lenskart
▪️Shiprocket
▪️Mamaearth
▪️OfBusiness
▪️https://t.co/2Br8sy1TBg
▪️Cashfree Payments
▪️Turtlemint
▪️Fittr
▪️Juicy Chemistry
➡️ Includes 4 unicorns, 2 bootstrapped and 2 IPO-bound startups
One dozen startups/companies post profits in FY21 so far
▪️Zoho
▪️Zerodha
▪️Navi
▪️Lenskart
▪️Shiprocket
▪️Mamaearth
▪️OfBusiness
▪️https://t.co/2Br8sy1TBg
▪️Cashfree Payments
▪️Turtlemint
▪️Fittr
▪️Juicy Chemistry
➡️ Includes 4 unicorns, 2 bootstrapped and 2 IPO-bound startups
In just less than 2 months, Indian startup ecosystem birthed 7 #Unicorns 🦄
Fractal
LEAD
Darwinbox
DealShare
Polygon
Livspace
ElasticRun
#rainingunicorns
Why Boat is not a sustainable company as per it's DRHP:
85% revenue is from marketplaces Amazon and Flipkart. The marketplaces have created them and they can kill them. This has been acknowledged as a risk.
Boat operates at expense ratio of 10% of net sales which is unrealistic
‘Ek Bharat, Shreshtha Bharat’ seeks to enhance the spirit of unity in diversity and bring our people closer.
When a young child in Haridwar sees a Thiruvalluvar statue and finds out about his greatness, a seed of 'Ek Bharat, Shreshtha Bharat' is laid in a young mind: PM
Pixie Curtis may become the youngest person in the world to retire at 15 as a multimillionaire!
What are your goals ?
#entrepreneurlife#teenentrepreneurs#lifegoals
https://t.co/rpdm6CKUWL
Super proud to be a Venture Partner (Dubai) of Venture Catalysts @vcatsindia and stoked to share that VCats has re-emerged as the largest early stage investor in India. We are hopeful to make it big in UAE this year ! @ranjan_apoorva#startups#funding#UAE#startupindia
Video commerce could be the next big disruptor in the online commerce segment especially in the smaller towns where it is still a challenge for sellers to create written content for their product catalogue ! @coutloot@jugaaduu#socialcommerce#videocommerce
Not surprising that Delhi is the new startup Capital of India! What is also heartening is to see some smaller cities rising up ! #startupindia in true sense! #startups
Hey all! I have compiled a list of sectors that will dominate 2022 startup ecosystem. Would love a feedback on it !! #linkedinpost#startups#reco #2022 https://t.co/fRdsfL1HrG
This is big. After setting up a unit and division on fintech earlier, RBI finally sets up a 'Fintech Department' to promote innovation and address challenges/opportunities associated with it.