Pratyush Shah’s Post

🌟 The First Episode of Venture Vibes by EVC Club is here! 🎙 Join Pratyush Shah and Amay Solanki as they discuss insights on how leading Indian startups adapted to changing consumer trends both before and after COVID. This episode goes beyond the usual stories, diving into strategies, pivots, and growth levers from the founders’ playbooks. A quick snapshot: 1. Zomato - Deepinder Goyal, backed by Info Edge Ventures, Temasek Peak XV Partners, etc., adapted to market multiple times - first from a discovery platform to a delivery platform and recently, anticipating the potential of q-com by acquiring Blinkit (grofers) . 🚴 2. Nykaa - Founder Falguni Nayar, backed by Sharrp Ventures | Harsh Mariwala Investment Office, TVS Capital Funds, TPG, Lighthouse Funds, etc., leveraged consumer distrust in authenticity by taking control of inventory and fulfillment, guaranteeing genuine products—a move that set them apart. 💄 3. Purplle.com - Manish Taneja and Rahul Dash, with support from Blume Ventures, JSW Ventures, Premji Invest, NB Ventures, Verlinvest, etc., harnessed regional product requirements, content, and influencers to capture markets in Tier 2+ cities, crafting a strategy that other players often overlook. 📈 4. Mamaearth - Ghazal Alagh and Varun Alagh, supported by Fireside Ventures, Titan Capital, Peak XV Partners, etc., adopted omnichannel and transformed their growth by placing their products in pharmacies instead of rather difficult GT to crack the offline market. 🌱 5. Biryani By Kilo (BBK) - Vishal Jindal, funded by IvyCap Ventures Advisors Private Limited, DSG Consumer Partners, etc., differentiated BBK by delivering freshly cooked biryani in traditional dum pots, enhancing authenticity and quality—a unique selling point in the cloud kitchen space. 🍛 Tune in to Venture Vibes to hear the full breakdown of how these startups recognized and responded to shifts in consumer behavior, turning challenges into opportunities in a post-COVID world. 👉 Listen now: Watch on YouTube https://lnkd.in/dQx8st2v #VentureVibes #StartupStories #ConsumerTrends #COVID #Nykaa #Purple #Mamaearth #Zomato #BiryaniByKilo #VentureCapital #IndianStartups #Innovation #Insights #ISB

Who Will Swim with the Sharks Next Season? 🦈 Kunal Bahl's Joining Sparks Excitement!" In the ever-changing world of Shark Tank India, we face another unexpected twist. It was reported last week that Deepinder Goyal, Zomato CEO, won't be partaking in the next round of entrepreneurial duels following a callout by competitor Swiggy for his removal. Instead, we're going to see a new shark swimming in Indian startup waters - Snapdeal and Titan Capital's innovator extraordinaire, Kunal Bahl! But there’s more than just who’s in and out - it's about exploring our own opportunities to thrive in this innovation-driven landscape. Are you ready to accelerate your own innovation? Whether you're wishing to outpace rivals with cutting-edge AI solutions or seeking expansion opportunities across Europe or America 🔭🌍 Bridgewise is here for you. At Bridgewise, we unite 160K+ top decision makers from diverse industries under one umbrella – paving the way for venture growth and fostering valuable links between young entrepreneurs and seasoned angel investors or VCs 💼🔗 We bring intelligence on trends & strategies right at your fingertips so every move is aimed at elevating your company to outrageous success 🚀✨ So are you looking forward towards journeying into bigger horizons? Well then let us drive your vision into reality together because sky isn't our limit– it's only our starting point! To read more about Kunal Bahl diving into Shark Tank India wrap up 👀 [click here](https://lnkd.in/dD_935pG) #SharkTankIndia #StartupNews #Innovation #AI #BusinessExpansion #BridgewiseNetwork #VentureCapitalistsAngels #TechnologicalSolutions #BusinessElevation #Entrepreneurship.

Who Will Swim with the Sharks Next Season? 🦈 Kunal Bahl's Joining Sparks Excitement!" In the ever-changing world of Shark Tank India, we face another unexpected twist. It was reported last week that Deepinder Goyal, Zomato CEO, won't be partaking in the next round of entrepreneurial duels following a callout by competitor Swiggy for his removal. Instead, we're going to see a new shark swimming in Indian startup waters - Snapdeal and Titan Capital's innovator extraordinaire, Kunal Bahl! But there’s more than just who’s in and out - it's about exploring our own opportunities to thrive in this innovation-driven landscape. Are you ready to accelerate your own innovation? Whether you're wishing to outpace rivals with cutting-edge AI solutions or seeking expansion opportunities across Europe or America 🔭🌍 Bridgewise is here for you. At Bridgewise, we unite 160K+ top decision makers from diverse industries under one umbrella – paving the way for venture growth and fostering valuable links between young entrepreneurs and seasoned angel investors or VCs 💼🔗 We bring intelligence on trends & strategies right at your fingertips so every move is aimed at elevating your company to outrageous success 🚀✨ So are you looking forward towards journeying into bigger horizons? Well then let us drive your vision into reality together because sky isn't our limit– it's only our starting point! To read more about Kunal Bahl diving into Shark Tank India wrap up 👀 [click here](https://lnkd.in/dD_935pG) #SharkTankIndia #StartupNews #Innovation #AI #BusinessExpansion #BridgewiseNetwork #VentureCapitalistsAngels #TechnologicalSolutions #BusinessElevation #Entrepreneurship.

Who Will Swim with the Sharks Next Season? 🦈 Kunal Bahl's Joining Sparks Excitement!" In the ever-changing world of Shark Tank India, we face another unexpected twist. It was reported last week that Deepinder Goyal, Zomato CEO, won't be partaking in the next round of entrepreneurial duels following a callout by competitor Swiggy for his removal. Instead, we're going to see a new shark swimming in Indian startup waters - Snapdeal and Titan Capital's innovator extraordinaire, Kunal Bahl! But there’s more than just who’s in and out - it's about exploring our own opportunities to thrive in this innovation-driven landscape. Are you ready to accelerate your own innovation? Whether you're wishing to outpace rivals with cutting-edge AI solutions or seeking expansion opportunities across Europe or America 🔭🌍 Bridgewise is here for you. At Bridgewise, we unite 160K+ top decision makers from diverse industries under one umbrella – paving the way for venture growth and fostering valuable links between young entrepreneurs and seasoned angel investors or VCs 💼🔗 We bring intelligence on trends & strategies right at your fingertips so every move is aimed at elevating your company to outrageous success 🚀✨ So are you looking forward towards journeying into bigger horizons? Well then let us drive your vision into reality together because sky isn't our limit– it's only our starting point! To read more about Kunal Bahl diving into Shark Tank India wrap up 👀 [click here](https://lnkd.in/dqfuqvNa) #SharkTankIndia #StartupNews #Innovation #AI #BusinessExpansion #BridgewiseNetwork #VentureCapitalistsAngels #TechnologicalSolutions #BusinessElevation #Entrepreneurship.

Mid-Week Funding Round and Startup Ecosystem Update: 1. Beatoven.ai hits the right notes with a $1.3 million pre-Series A round! Led by Capital 2B and Entrepreneur First, with support from IvyCap Ventures Advisors Private Limited, Upsparks Capital, Rukam Capital, and angel investors. This AI music startup is set to revolutionize music creation with innovative features like text-to-music generation and multimodal inputs. With partnerships already established with over 200 artists, Beatoven.ai is poised for further expansion under the leadership of founders Mansoor Rahimat Khan and Siddharth Bhardwaj 2. Jumbotail secures a hefty $18.2M in Series C3 funding! Led by Artal Asia Pte. Ltd., this leading B2B marketplace for food and grocery is known for its cutting-edge AI-driven technologies. Catering to small and medium kirana stores across India, Jumbotail offers a comprehensive suite of services including sourcing, warehousing, delivery, and fintech solutions. Founded by Karthik Venkateswaran and Ashish Jhina, Jumbotail continues to redefine the sector with its innovative approach. 3. The Good Glamm Group raises a whopping $30M in a bridge round from existing investors! Led by Warburg Pincus LLC, with contributions from Prosus Ventures, Bessemer Venture Partners, and Accel, these funds are earmarked for working capital and operational activities. Founded by Darpan S., Priyanka Gill, and Naiyya Saggi, the group houses direct-to-consumer beauty and personal care brands, leveraging a proprietary digital ecosystem for exponential growth. Exciting times ahead for these game-changing startups! #StartupEcosystem #FundingRound #Innovation #TechIndustry #Reach8Media

After Unicorns, let us learn what are Decacorns! The global startup ecocystem is evolving at a lightning speed, witnessing a shift from the era of unicorns to the rise of decacorns. Decacorns are startups which have achieved valuations exceeding $10 billion. India is proud to have five startups—Flipkart, BYJU'S, Nykaa, and Swiggy—joining this exclusive cohort. The term "decacorn," coined in 2013 by venture capitalist Aileen Lee, represents the rarity and magnitude of these high-growth companies. Decacorns are young, dynamic, and heavily invested in sectors like technology and healthcare. However, it's important to remember that the journey to a $10 billion valuation is unique for each company. Not all startups aim for decacorn status; some focus on profitability, sustainability, or other strategic goals. As of June 2024, there are 50 decacorns globally, with a collective valuation surpassing $1.2 trillion. ByteDance leads the pack with a staggering $225 billion valuation, while others like Huolala and Notion each hover around the $10 billion mark. The distribution of these decacorns spans various industries: - Enterprise Technology: 18 - Financial Services: 11 - Consumer and Retail: 10 - Media and Entertainment: 6 - Industrial: 4 - Healthcare and Life Sciences: 1 The rise of decacorns signifies a new era in the startup world—one of unprecedented growth and innovation. 🌐🚀 #decacorns #startups #valuations #growth #innovation

🚀 𝐒𝐓𝐀𝐑𝐓𝐔𝐏 𝐍𝐄𝐖𝐒 𝐑𝐔𝐍𝐃𝐎𝐖𝐍 is live, bringing you the most critical insights, trends, and updates driving the startup world forward! THIS WEEK’s HIGHLIGHTS🌟 GetVantage, a platform focused on embedded finance and working capital, has allocated ₹1.8 crore to three logistics startups: Celcius Logistics, Ohm Logistics, and Fitsol. Stellapps Technologies Private Limited, Bengaluru-based dairy tech startup 𝐫𝐚𝐢𝐬𝐞𝐝 $𝟐𝟔 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝐚 𝐦𝐢𝐱 𝐨𝐟 𝐝𝐞𝐛𝐭 𝐚𝐧𝐝 𝐞𝐪𝐮𝐢𝐭𝐲 𝐟𝐮𝐧𝐝𝐢𝐧𝐠, led by Blume Ventures. Even, 𝐬𝐞𝐜𝐮𝐫𝐞𝐝 $𝟑𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 in a funding round led by 𝐊𝐡𝐨𝐬𝐥𝐚 𝐕𝐞𝐧𝐭𝐮𝐫𝐞𝐬, a prominent Silicon Valley investor. Zouk, a direct-to-consumer bags and luggage brand, 𝐫𝐚𝐢𝐬𝐞𝐝 $𝟏𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝐒𝐞𝐫𝐢𝐞𝐬 𝐁 𝐟𝐮𝐧𝐝𝐢𝐧𝐠 led by 𝐀𝐚𝐯𝐢𝐬𝐡𝐤𝐚𝐚𝐫 𝐆𝐫𝐨𝐮𝐩. Deepinder Goyal, co-founder and CEO of Zomato, has launched a new venture called 𝐂𝐨𝐧𝐭𝐢𝐧𝐮𝐞, 𝐟𝐨𝐜𝐮𝐬𝐢𝐧𝐠 𝐨𝐧 𝐡𝐞𝐚𝐥𝐭𝐡 𝐭𝐫𝐚𝐜𝐤𝐢𝐧𝐠 𝐚𝐧𝐝 𝐦𝐞𝐧𝐭𝐚𝐥 𝐰𝐞𝐥𝐥𝐧𝐞𝐬𝐬. 𝐒𝐭𝐚𝐲 𝐢𝐧 𝐭𝐡𝐞 𝐥𝐨𝐨𝐩 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐟𝐫𝐞𝐬𝐡𝐞𝐬𝐭 𝐬𝐭𝐚𝐫𝐭𝐮𝐩 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 every week by following 👉Open Innovator. 𝒀𝒐𝒖𝒓 𝒖𝒍𝒕𝒊𝒎𝒂𝒕𝒆 𝒔𝒐𝒖𝒓𝒄𝒆 𝒕𝒐 𝒔𝒕𝒂𝒚 𝒂𝒉𝒆𝒂𝒅 𝒊𝒏 𝒕𝒉𝒆 𝒇𝒂𝒔𝒕-𝒑𝒂𝒄𝒆𝒅 𝒘𝒐𝒓𝒍𝒅 𝒐𝒇 𝒔𝒕𝒂𝒓𝒕𝒖𝒑𝒔! #technology #startup #innovation #futurism #startups #entrepreneurship #fundraising #technews #latestupdates #funding

𝗡𝗲𝘄𝘀 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀 𝗳𝗼𝗿 𝟏𝟏𝐭𝐡 𝐀𝐩𝐫𝐢𝐥 𝟮𝟬𝟮𝟒 1. 𝐆𝐞𝐧 𝐀𝐈 𝐬𝐭𝐚𝐫𝐭𝐮𝐩 Nexus Venture Partners 𝐫𝐚𝐢𝐬𝐞𝐬 $𝟐𝟎 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐟𝐫𝐨𝐦 Matrix Partners India, Nexus 𝐚𝐧𝐝 NTTVC   Neysa, a Mumbai-based #startup co-founded by Sharad Sanghi and 𝐀𝐧𝐢𝐧𝐝𝐲𝐚 𝐃𝐚𝐬, secures $20 million in seed funding led by Matrix Partners India, Nexus Venture Partners, and NTTVC. The funding aims to drive its Generative AI cloud platform and observability solutions for global markets, intending to accelerate Generative AI adoption in enterprises. The investment reflects a growing trend in VC funding towards AI platforms, with recent notable fundings in the sector including Sarvam AI, 𝐄𝐦𝐚, and Vodex.ai. 2. 𝐌𝐚𝐡𝐢𝐧𝐝𝐫𝐚-𝐛𝐚𝐜𝐤𝐞𝐝 Rocksport 𝐫𝐚𝐢𝐬𝐞𝐬 𝐟𝐮𝐧𝐝𝐬 𝐚𝐭 $𝟑𝟎 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 #Vluation   Rocksport, a provider of in-school adventure programs, closes its Series A round with a new investment from Brand Capital, India, bringing its total funding to nearly $3 million and its valuation to $30 million. The #funding will fuel advertising and brand-building efforts, leveraging The Times of #India's marketing strengths. Rocksport, which previously received strategic #investment from Mahindra Holidays & Resorts India Limited, aims to expand its adventure-based experiences market for schools, families, and corporations, while also distributing global adventure brands in India. 3. Innoviti Technologies 𝐤𝐢𝐜𝐤𝐬 𝐨𝐟𝐟 𝐒𝐞𝐫𝐢𝐞𝐬 𝐄 𝐫𝐨𝐮𝐧𝐝 𝐰𝐢𝐭𝐡 𝐑𝐬 𝟒𝟎 𝐂𝐫 𝐥𝐞𝐝 𝐛𝐲 Bessemer Venture Partners   Innoviti Technologies, a payment gateway and PoS provider, raises Rs 40 crore in Series E round led by 𝐁𝐞𝐬𝐬𝐞𝐦𝐞𝐫 𝐕𝐞𝐧𝐭𝐮𝐫𝐞 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬 and 𝐏𝐚𝐭𝐧𝐢 𝐅𝐚𝐦𝐢𝐥𝐲 Office, with participation from angel investors. The #funds will fuel mid-market expansion and bolster online #businessgrowth, as the company aims for profitability by September 2024. Innoviti, which saw operating revenue rise to Rs 110.2 crore in FY23, received RBI approval to operate as an online payment aggregator earlier this year. 4. Wify Technologies 𝐛𝐚𝐠𝐬 $𝟐 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝐩𝐫𝐞-𝐒𝐞𝐫𝐢𝐞𝐬 𝐀 𝐫𝐨𝐮𝐧𝐝   Wify, a construction and home improvement platform based in Mumbai, raises Rs 17.5 crore in pre-Series A round led by Capria Ventures, with participation from Duo Design, Optimistic Trading Company, Blume Ventures, and 𝐒𝐢𝐧𝐠𝐮𝐥𝐚𝐫𝐢𝐭𝐲 𝐆𝐫𝐨𝐰𝐭𝐡. Founded in 2019 by Vikram S. and Deepanshu Goel, Wify offers on-site installation and post-purchase services, achieving over two-fold year-on-year growth with Rs 24.47 crore #revenue in FY23 despite posting losses of Rs 5.65 crore in the same period. 𝐅𝐨𝐥𝐥𝐨𝐰 Corporate Valuations 𝐟𝐨𝐫 𝐦𝐨𝐫𝐞 𝐬𝐮𝐜𝐡 𝐍𝐞𝐰𝐬 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 #news #newshighlights #updates #newsupdates #transactions #valuations #businessvaluation #investments #funding #startupvaluation

𝑰𝒏𝒅𝒊𝒂𝒏 𝑺𝒕𝒂𝒓𝒕𝒖𝒑 𝑰𝑷𝑶 𝑻𝒓𝒂𝒄𝒌𝒆𝒓 2024 The year 2024 is shaping up to be a game-changer for Indian startups, with several innovative companies set to go public New-age tech startups like 𝑮𝒐 𝑫𝒊𝒈𝒊𝒕, 𝑻𝑩𝑶 𝑻𝒆𝒌, 𝑨𝒘𝒇𝒊𝒔, 𝑶𝒍𝒂 𝑬𝒍𝒆𝒄𝒕𝒓𝒊𝒄, 𝑭𝒊𝒓𝒔𝒕𝑪𝒓𝒚, 𝒊𝒙𝒊𝒈𝒐 & 𝑼𝒏𝒊𝒄𝒐𝒎𝒎𝒆𝒓𝒄𝒆 have listed on the stock exchanges so far in 2024 A number of other startups like Foodtech major 𝑺𝒘𝒊𝒈𝒈𝒚, 𝑬𝒄𝒐𝒎 𝑬𝒙𝒑𝒓𝒆𝒔𝒔 & 𝒁𝒂𝒑𝒑𝒇𝒓𝒆𝒔𝒉 are also eyeing a market debut in the coming months 𝑳𝒂𝒕𝒆𝒔𝒕 𝑼𝒑𝒅𝒂𝒕𝒆𝒔 𝒐𝒏 𝑺𝒕𝒂𝒓𝒕𝒖𝒑 𝑭𝒖𝒏𝒅𝒊𝒏𝒈: -𝑺𝒘𝒊𝒈𝒈𝒚 𝑟𝑒𝑐𝑒𝑖𝑣𝑒𝑑 𝑎𝑝𝑝𝑟𝑜𝑣𝑎𝑙 𝑓𝑟𝑜𝑚 𝑖𝑡𝑠 𝑠ℎ𝑎𝑟𝑒ℎ𝑜𝑙𝑑𝑒𝑟𝑠 𝑡𝑜 𝑖𝑛𝑐𝑟𝑒𝑎𝑠𝑒 𝑡ℎ𝑒 𝑠𝑖𝑧𝑒 𝑜𝑓 𝑡ℎ𝑒 𝑓𝑟𝑒𝑠ℎ 𝑖𝑠𝑠𝑢𝑒 𝑖𝑛 𝑖𝑡𝑠 𝐼𝑃𝑂 𝑡𝑜 𝐼𝑁𝑅 5,000 𝐶𝑟 𝑓𝑟𝑜𝑚 𝐼𝑁𝑅 3,750 𝐶𝑟 𝑒𝑎𝑟𝑙𝑖𝑒𝑟 -𝑫𝒆𝒗𝑿 ℎ𝑎𝑠 𝑓𝑖𝑙𝑒𝑑 𝑖𝑡𝑠 𝐷𝑅𝐻𝑃 𝑤𝑖𝑡ℎ 𝑚𝑎𝑟𝑘𝑒𝑡 𝑟𝑒𝑔𝑢𝑙𝑎𝑡𝑜𝑟 𝑆𝐸𝐵𝐼 𝑓𝑜𝑟 𝑎𝑛 𝐼𝑃𝑂, 𝑤ℎ𝑖𝑐ℎ 𝑤𝑖𝑙𝑙 𝑐𝑜𝑛𝑠𝑖𝑠𝑡 𝑠𝑜𝑙𝑒𝑙𝑦 𝑜𝑓 𝑎 𝑓𝑟𝑒𝑠ℎ 𝑖𝑠𝑠𝑢𝑒 𝑜𝑓 2.47 𝐶𝑟 𝑒𝑞𝑢𝑖𝑡𝑦 𝑠ℎ𝑎𝑟𝑒𝑠 -𝑪𝒂𝒓𝑫𝒆𝒌𝒉𝒐 𝑖𝑠 𝑖𝑛 𝑎𝑑𝑣𝑎𝑛𝑐𝑒𝑑 𝑡𝑎𝑙𝑘𝑠 𝑡𝑜 𝑎𝑝𝑝𝑜𝑖𝑛𝑡 𝑚𝑒𝑟𝑐ℎ𝑎𝑛𝑡 𝑏𝑎𝑛𝑘𝑒𝑟𝑠 𝑡𝑜 ℎ𝑒𝑙𝑚 𝑖𝑡𝑠 $500 𝑀𝑛 𝐼𝑃𝑂 𝑛𝑒𝑥𝑡 𝑦𝑒𝑎𝑟 𝑎𝑡 𝑎 𝑙𝑖𝑘𝑒𝑙𝑦 𝑣𝑎𝑙𝑢𝑎𝑡𝑖𝑜𝑛 𝑜𝑓 $2 𝐵𝑛 𝑡𝑜 $2.5 𝐵𝑛 GoDigit Ola Electric ixigo Unicommerce ZappFresh Ecom Express Limited Swiggy DevX CarDekho Group Y Combinator T-Hub nasscom Indian Angel Network Blume Ventures Sequoia Capital Accel Lightspeed Zerodha Groww Upstox Rajan Anandan Sanjay Mehta #IndianStartups #IPOTrackers #2024IPO #StartupGrowth #Innovation

PepperTap's Rise and Fall Offers Crucial Lessons for Startups Failed Startup Episode #7 PepperTap - An Indian online grocery delivery service started in 2014 and raised significant funding, including a $10 million Series A round in April 2015 and a $36 million Series B round in September 2015. Despite these impressive statistics, it shut down in 2016. Let's see why is that: Overexpansion: Rapid expansion to 20+ cities without fully establishing a strong operational foundation or finding Product Market Fit. Rapid expansion without a solid operational foundation lead to significant challenges. High Cash Burn: The cost of customer acquisition, discounts, and operational expenses were very high, leading to a significant cash burn rate. This was not sustainable without continuous funding. That means understanding and achieving positive unit economics is crucial. Businesses need to ensure that each transaction contributes to profitability rather than just driving growth metrics. Logistical Issues and Competition: Managing the supply chain and ensuring timely deliveries proved to be more complex and costly than anticipated. The reliance on local grocery stores also led to inconsistencies in inventory and quality. Whereas, successful competitors like Big Basket and Grofers implemented inventory-based models, which ensured more reliable product availability. If you were to start an online grocery delivery service, what factors would consider? #FailedStartup #Peppertap #Scale #ProductManager #Startup