Ramanshu Mahaur

🚨 Mega investor sales in Swiggy's IPO 💰 Swiggy’s investors seized the moment in the private market, cashing in on high demand for shares ahead of the IPO. Before the IPO, Chinese internet giant Meituan Dianping and DST Global sold $250 million in shares, EACH, in the private market. DST and Meituan, besides other investors, also sold additional shares in the IPO. The pre-IPO cashouts doubled the secondary exits for Swiggy’s investors as part of the IPO buildup — from $800 million to $1.6 billion. We have the breakdown of numbers and what they mean for all the investors involved - https://lnkd.in/gBJxUHpB #swiggy #swiggyipo #IPO #quickcommerce #fooddelivery #zomato #zepto

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CRED is probably the only fintech startup that even (non-finance-y) people are so interested in. Its business model is shrouded in mystery, but recently, CRED made headlines with ₹4700 Cr in revenue for FY 2024. What makes CRED so enticing is its premium appeal and the affluent segment it caters to. I was studying this recently and here are some notes that you can take from CRED 1. CRED is gated, requiring a 750+ credit score to join. This exclusivity ensures that CRED knows its TG well and is focused on building a strong community around them. 2. CRED members enjoy various perks, such as credit card benefits, exclusive rewards, offers from top brands, and access to carefully curated experiences. But there’s something even more exciting that CRED recently did. The CRED’s ‘Only Fridays’ Campaign. They pick a few cred members and take them on curated offline experiences. - Top chefs taking you to their favorite restaurants  - Your wardrobe being revamped by a fashion curator  - A candid conversation with Karan Johar. It not only saw a massive response from the members but also non-members were intrigued by the concept and wanted to participate. This trend isn't unique to CRED. Other major brands like Red Bull, Audi, and NIKE are also leveraging the power of carefully curated experiences. At 8club, we help brands do the same: - Hosting perfectly curated experiences - Filtering and connecting with their audience IRL - Building relationships and solving problems through personalized experiences Offline is the new luxury. Do you have any other such brand experience examples? #offline #experiences #cred #finance

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🚨Zepto's cash burn zooms to Rs 250 crore a month on rising capex, closes Rs 2,500 crore funding round Zepto founder Aadit Palicha confirmed the HNI round in a statement to Moneycontrol "Investors are confident with the mature store profitability proven and the forward indicators of EBITDA for new stores, which is why we have successfully raised the largest ever 100 percent domestic financing for a private startup in Indian history. We are raising this Indian capital as a first step to quickly becoming a fully Indian-owned company within the coming fiscal," The Zepto effect Digital marketing spends ⏫ Talent costs ⏫ Cost of Google keywords ⏫ While Zepto burnt Rs 250 crore (around $30 million) in September, the monthly cash burn went as high as Rs 300 crore (about $35 million) in October, two of the persons cited above said while adding that it is likely to stay in the Rs 300 crore range for November as well. But sources close to Zepto say this number is closer to 250 crore. with Tushar Goenka https://lnkd.in/gmkNyaMs

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Picxele™ got an acquisition offer of 10Cr+ 😃 Back in 2021 September, when we had an amazing FY21 with Crores of Revenue and Thousands of Users coming in, that year was eventful. From getting Investment interest from angels and VC to facing some huge losses to getting an acquisition offer from a well-listed company subsidiary company. Didn't took the investment because I started being comfortable without reporting someone else and getting into the funding loop. Additionally started investing that year which also gave me the perspective of the other side and how other investors think. Faced a huge loss with a client with whom we had been working for 2 years, with no genuine reason and faced mental turmoil due to that, 3 to 4 months later decided to explore other things, which led towards working as a consultant in a couple of startups, besides running Picxele™. By the end of the year did get a good acquisition share swap offer from the well-listed subsidiary company, but didn't took the same as there was no cash component involved and eventually I felt like I was becoming an employee of the company. These all taught me a lot and I understood various aspects of running the business, working as a team member and investing in startups. But at the end of the day, i don't have any regrets, all of these decisions have never hurt any of the people I love and care for, be it family, team members and well-wishers as in the end that matters the most as a human being ☺️

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🛵 After unicorn round, Rapido looks to boost market share 1️⃣ Rapido has collected $120 million in Series E funding at a valuation of $1 billion. Existing backer WestBridge Capital led the round, which has made Rapido the third Indian unicorn of 2024 after SaaS player Perfios and AI startup Krutrim. 2️⃣ Rapido has raised funds as it looks to gain market share in a competitive space. After slowing down in 2020-21, Uber has become aggressive again by targeting all mobility segments, from bike taxis and cabs to autos. 3️⃣ New entrants like BluSmart, Zypp Electric, Namma Yatri are also seeing traction. Recently, Namma Yatri raised $11 million in a deal led by Blume Ventures and Antler India. https://lnkd.in/g-aB6-p2

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Do you know Groww, Razorpay, Meesho and Zepto are YC companies and right now they are killing in their markets. As Y Combinator announced their YC S24 batch and there are 100+ companies which gets selected, So firstly congratulations to all the S24 Y Combinator startups. Do you want me to do in-depth analysis of 82 YC S24 batch companies? Analysis would include startup selected in which industry, country wise, Indian YC S24 companies, their Indian existing competitors etc... So that you can get aware about industry trends and can also use their awesome products in your daily life. P.S. If I got 100 likes on this post, I will make a video on the same and post it here only. #yc #startup #funding #s24 #entrepreneurship #business #genai

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myHQ by ANAROCK offsite- after 4 years: Team size grown 4X, Spread across 8 cities- We dearly needed it (it was only a question of when can we afford it). The team had promised a stellar Q4 of last FY, which made us profitable and honestly made this ask- very tough to refuse. And Goa was finally happening! We wrapped the offsite last week and loved every bit of it. Whether it was a game of tug of war, some impromptu dance performances or just a fun gala night- connecting with everyone on a personal level outside work was worth every second spent. 🎊 My 4 learnings:- - Zoom /Hangout/virtual can never replace in person- would have had 100 hours of calls with the person, but in person is just different. - Play more games/activities & less sessions (Specially for hybrid/spread out teams- bonding happens only over games, activities) - Outsource liquor arrangements to the Hotel/Organizer- not worth the hassle + whatever you arrange will never be enough! 🥂 - This idiotic, yet addictive game- "Ek machli pani me gayi, chappak" (Must play with friends: 4+ group) Looking forward to a much grander offsite in 2025 as the team targets another 3-4X jump this year. Onwards and upwards! 😃🙌

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Kunal Shah-led fintech unicorn CRED reported a revenue of Rs 2,473 crore in FY24, marking a 66% increase driven by higher product adoption and the growth of monetised users. The startup also reduced its operational loss by 41% to Rs 609 crore. However, net loss—after accounting for employee stock ownership plan (ESOP) expenses and taxes—stood at Rs 1,644 crore, reflecting a 22% year-on-year increase. The Bengaluru-based startup achieved a 58% growth in its monetised user base, while significantly cutting costs. Marketing expenses were reduced by 36%, and customer acquisition costs (CAC) dropped by 40%, largely due to a greater number of customers joining the platform organically. “Our focus is on creating deepening relationships with our customers and on many things from UPI to Garage and other products that we have launched in the last year," said Shah. #cred #fintech #unicorn #business #startup #creditcard #news #Indianstartupnews

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Zepto should stop charging rain fees if it's not raining(never seen it in other apps) Also, free delivery should be pre-selected if applicable(Guidelines for Prevention and Regulation of Dark Patterns, 2023) This will not go unnoticed #zepto #darkmethods

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Startup founders need a reality check. Some are always moonlighting, some are never serious and seeking job and pitching their startup at the same time. Not 100% focused. One of the reason 90% startups fail. #startup #startups

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Swiggy is set to launch its ₹11,664 crore IPO, sparking excitement in the Indian stock market. But is it as promising as it seems? While Swiggy’s super app model offers unique advantages like lower customer acquisition costs and a powerful delivery system, it faces tough competition from Zomato and Blinkit. Add to this the challenge of adapting to consumer preferences for specialized apps and a recent leadership exodus, and Swiggy’s future remains uncertain. Swiggy’s financials are improving, but is the company truly on the path to profitability? Will the super app model thrive in India, or will the market demand more specialized services? And what impact will leadership instability have on its growth? For more on Swiggy’s IPO and what investors need to know, read more! https://lnkd.in/dZmpGFph #SwiggyIPO #StockMarket #SuperApp #InvestmentOpportunities #Zomato #Blinkit #IndianStartups #TechStocks #BusinessGrowth #LeadershipChallenges #FinancialNews #IPO2024 #IndianMarket

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Swiggy vs. Zomato: Who's Leading the Race? Swiggy's revenue trails Zomato by 30%, with figures from FY24 showing Swiggy at $1.36 billion and Zomato at $1.46 billion. While Zomato turned a profit this quarter, Swiggy’s losses widened, particularly in quick commerce where Instamart lags behind Blinkit’s $112 million revenue. Swiggy Highlights: Tops in user return rate at 4.5 per month. Shifted to a profit of Rs 58 crore in food delivery, up from last year’s loss. With Swiggy showing signs of growth, will it be enough to overtake Zomato in the market race? I'd love to hear your predictions and analysis. #swiggy #zomato #marketstats #latest #technews #sundaypost

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Blinkit : 693 RPM (Rakhis sold per minute) Zepto : 1 million lifafas, 4x vs last year Swiggy Instamart : 5x vs last year 👉 As Raksha Bandhan approached, the familiar buzz of last-minute shopping filled the air. But this year, something was different. Blinkit reported an astounding 693 Rakhis sold per minute, Zepto shipped over a million lifafas (envelopes) while selling four times more Rakhis than last year, and Swiggy Instamart saw a fivefold increase in Rakhi sales. 👉 These numbers tell a compelling story—quick commerce (q-commerce) platforms are no longer just a convenience, they're becoming a lifeline for our festive traditions. In the past, many of us would have rushed to the nearest market, weaving through crowded lanes to find the perfect Rakhi or gift. 👉 But with the rapid growth of q-commerce, those frantic trips are being replaced by a few taps on our smartphones. It's not just about convenience; it's about how these platforms are reshaping the way we celebrate, especially for those caught up in the hustle of daily life. 👉 The story of Raksha Bandhan this year is not just one of sibling love but also of technological innovation meeting cultural need. Q-commerce has bridged the gap between our fast-paced lives and our timeless traditions, ensuring that no matter how busy we are, we can still celebrate our bonds. 👉 These are not just transactions; they are moments saved, relationships nurtured, and traditions upheld. As q-commerce continues to evolve, it’s clear that its role in our lives extends far beyond convenience—it's becoming an essential part of how we connect, celebrate, and cherish the things that truly matter. We at ProRider (Delivery Jobwala) support this convenience with tech enabled manpower hiring, we are helping food-tech, e-commerce and courier companies PAN INDIA 🇮🇳 #manpower #rakhi #quickcommerce #vendor #GIG #ProRider

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Who k*lled Koo? Is it X or YouTube? Koo is a publishing platform and gets its revenue from advertisement listed on the platform. Where all Indian online advertisement spend is going? Any guesses? Yes, it's YouTube (or Google) and Meta which has sucked in a major portion of India's social media advertising spend. Google's (including YouTube) 2023 ad revenue from India was whopping Rs. 28000 Crore!! And Meta earned Rs. 18300 Crore during same period in India through online ads! Now through WhatsApp advertising Meta will suck in a lot of other revenue from print media. Do you see the challenge here? These platforms are operating in India for more than 15 years now. They didn't make any money (or lost a lot of money) in the initial years and now making profit. They were able to survive because of their deep pocket. But for a startup like Koo it is an uphill task to compete with such giants unless it has a runway of minimum 10 years! Koo got just 4 unfortunately. Perhaps they should have been more conservative with their spent but sometimes investors themselves want founders to spend money quickly 🤔 Oh well - hopefully a good lesson for all the founders out there.... Thoughts? **** edurigo.com #koo #google #youtube #meta #whatsapp #socialmedia #advertising #ad #revenue #startup #competition #india #funding

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VC industry doesn't work this way. - VCs are ok with 19 of their 20 investments going to 0. - VCs are ok with a startup not making any revenue for 5 years. What they look for is 1 investment, which if it works out, becomes a multi-billion dollar company. Venture investing is all about "really high-risk high-reward" investing. It is tough for a common person to comprehend this because we all are used to Salary, Real Estate, FD interest, Mutual Funds, Profitable businesses, etc. Barely does any of us understand how "really high-risk high-reward" investing works. Imagine if you have a $100M fund that you have to deploy in 20 companies. This corresponds to $5M per company. Now imagine 19 companies shutting down completely where $95M becomes 0. However, if just 1 company grows to a $10B valuation, it would be a mega exit for the fund, assuming they hold even 5% of it (post-dilution). $100M goes to $500M with a 95% failure rate. But this happens only when one of their bets gives disproportionately high returns. A Business generating Rs. 1 cr/annum cannot be that bet for a $100M fund. We all can debate whether this approach is right or wrong. But then the debate would be the same as FD vs Mutual Funds vs Real estate. Or Jobs vs Business. Basically, it would be a pointless debate. #startups #business #entrepreneurship

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You need to return atleast 4X the fund in a 7-10 year period to get approx 20%+ IRR. Assuming capital calls are spread around the 1st 4 years. #VentureCapital #Investing

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