Despite the funding winter environment, higher management woes and business model doubts they raised a colossal $200mn. Any inside beans to spill here?
Good morning! Too much has happened in the last 24 hours, we’re going double the size of our 5 news a day quota - here we go:
𝐈𝐧𝐝𝐢𝐚 𝐓𝐞𝐜𝐡 🇮🇳
𝟏. 𝐆𝐫𝐨𝐰𝐰’𝐬 𝐀𝐜𝐭𝐢𝐯𝐞 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫 𝐁𝐚𝐬𝐞 𝐂𝐥𝐢𝐦𝐛𝐬 𝐎𝐯𝐞𝐫 �...
Whoever is curating this, kudos. Job well done!
I had heard Waycool was also talking to raise at unicorn valuation, but they've fired like 300 people on Monday, so that's pretty uncertain. What to make of Zepto, though?
Oh boy here we go again!
This will be a much bigger scam than Byju’s.
10/10 baddie’s startup is funded cus he is pretty
Any numbers around the revenue contribution from the ADs which players like swiggy zepto display on waiting page? Is it actually a significant enough opportunity for them?