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A comment on Indian startups have raised a record $11.3B this year. Parent comment

Re:Indian startups have raised a record $11.3B this year by amrrs on Saturday October 26, 2019 @02:45AM (#21362137)
Irony that you're downvoted for staying a very relevant fact. Most of these startups that have raised huge funds are also burning cash like anything. And established startups like Oyo and Zomato are facing backlash from their business partners and couldn't expand to venture into new areas to find profitability.

Profitability is still a very long way for most of these b2c startups

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Re:Indian startups have raised a record $11.3B this year by harshvladha on Saturday October 26, 2019 @03:07AM (#21362206)
> burning cash like anything Burning to acquire end-user (in terms of number). Not to gain loyalty, that's the sad part.

Zomato is locked to food & restaurants. See Swiggy, they have not locked themselves and expanded to many other Supply chain related businesses

Oyo, is like WeWork :)

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