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Business and Startups

Place to discuss anything and everything about business and startups. From economics, to investments to startup gossip, to technology et al.

Aditya Singh , Starting up. Just learnt before launch its ca Oct, 04 2016

Indian startups tried to do same things over and over again. why?


Most startups founded in last 2-3 years tried to do the same thing over and over again and there (sadly) isn't even a distinction without a difference. There were food-based startups that are trying to build a directory and then slowly move towards home delivery, transportation startups (you know, Ola/Uber rehashes), travel-startups where they're trying to sell travel packages by leveraging "interesting content" (personal travel guides and such) and a few others.

It is like final year "star" project of every mechanical engineering college there is. How the senior students from every college try to build an a robot or a battery vehicle but somehow, no one has been able to perfect a design?

Most startups founded in last 2-3 years tried to do the same thing over and over again and there (sadly) isn't even a distinction without a difference. There were food-based startups that are trying to build a directory and then slowly move towards home delivery, transportation startups (you know, Ola/Uber rehashes), travel-startups where they're trying to sell travel packages by leveraging "interesting content" (personal travel guides and such) and a few others.It is like final year "star" project of every mechanical engineering college there is. How the senior students from every college try to build an a robot or a battery vehicle but somehow, no one has been able to perfect a design?

Rajesh Verma , Would like to explore Awaremonk before writin Oct, 04 2016


Our startups are missing one key element- innovation - A precious skill that is all but essential for creating value. This is the case because it's not necessarily the "innovators" who get in business but the laymen "business students" who are looking to make a quick buck off the latest trends. That is why most IT start ups I know about end up making generic re-branded mobile apps instead of anything really new. For example, We can develop a thriving "Gaming Industry" in India with all the programmers and animators running around but that takes a lot creative thought.
Our startups are missing one key element- innovation - A precious skill that is all but essential for creating value. This is the case because it's not necessarily the "innovators" who get in business but the laymen "business students" who are looking to make a quick buck off the latest trends. That


Himanshu Nautiyal , CEO, Gludo Oct, 06 2016


There are two elements to innovation - new product and new distribution. Indian startups primarily focus on distribution of existing product/ideas to new audiences. This may be less sexy but is definitely valuable IF done sustainably in a way that economically makes sense for both the provider and the consumer.
There are two elements to innovation - new product and new distribution. Indian startups primarily focus on distribution of existing product/ideas to new audiences. This may be less sexy but is definitely valuable IF done sustainably in a way that economically makes sense for both the provider and t


Rajshekhar , student at BITS goa. I am here to learn. Oct, 04 2016


I think its the herd mentality of the investors. Only startups which are copycats of other successful ones are getting the funding and are being talked about in the media. The investing community doesn't want to touch ideas which aren't already tried and tested. So if food delivery startups are hot every investor wants to invest in food delivery startups and thats all you hear about for a year.
I think its the herd mentality of the investors. Only startups which are copycats of other successful ones are getting the funding and are being talked about in the media. The investing community doesn't want to touch ideas which aren't already tried and tested. So if food delivery startups are hot


Aditya Singh , Starting up. Just learnt before launch its ca Oct, 04 2016


Yahoo was already functioning when Google started. Bing now competes with Yahoo and Google. Before Facebook, there was Orkut, Myspace, and what not.

It's not about the idea. It's about how they re-invent the wheel, which they aren't doing at the moment.



Rajshekhar , student at BITS goa. I am here to learn. Oct, 04 2016


I'm not saying copycat ideas are bad. I'm talking about why only copycat ideas are taking off in India. In silicon valley a lot of the investors are ex-entrepreneurs themselves or are passionate about a wide variety of issues, so they take risks and fund new ideas. In india the investors are all just people with money who're trying to jump onto the startup bandwagon. To minimize risks they want to fund only copycat ideas and copycat implementations.
I'm not saying copycat ideas are bad. I'm talking about why only copycat ideas are taking off in India. In silicon valley a lot of the investors are ex-entrepreneurs themselves or are passionate about a wide variety of issues, so they take risks and fund new ideas. In india the investors are all jus


Rajshekhar , student at BITS goa. I am here to learn. Oct, 04 2016


IMO, startups fail/succeed not just due to a bad/good idea but also due to issues/perfection in execution. Related to software and IT, I remember reading a report which said that 70% of software projects world over just fail because of issues in scalability, design, resource competency, bad management and so on. There must be a similar figure (in fact more) if you consider the execution of a firm and it's business model as a whole. For a firm as a whole you have also got sales, marketing along with business model execution. It gets complicated.

While it is kind of hard to predict whether a new idea is going to be the next big one or a flop, investors these days are banking on known business models being executed better than their competitors. It's basically "I can do this better than you" and in turn creating a last-man-standing zeal.

IMO, startups fail/succeed not just due to a bad/good idea but also due to issues/perfection in execution. Related to software and IT, I remember reading a report which said that 70% of software projects world over just fail because of issues in scalability, design, resource competency, bad manageme


Abhishek Sharma , Engineer @ IBM Oct, 04 2016


I can answer for non IT startups, like ATV or motorcycle ones. I had a prototype for a 600cc bike 5 years ago. It turned out impossible to import the engines on bulk. Everything else was to be made in India.

Someone here said the other day that Indian Customs is the single most corrupt civil service. I agree. Even if I had been able to pay 100% duty on the engines, is have made 15-20% margin and sold the powerful bikes for less than 3L. But the bribes needed for ARAI were prohibitive.

I can answer for non IT startups, like ATV or motorcycle ones. I had a prototype for a 600cc bike 5 years ago. It turned out impossible to import the engines on bulk. Everything else was to be made in India. Someone here said the other day that Indian Customs is the single most corrupt civil servic


Rahul Gupta , Techie by education, writer by profession, cu Oct, 04 2016


Because the real reason behind most of the Indian start ups are being led by overwhelming twisted passion of getting rich quick and fast. In other words most of them are just being ambitious with no substantial idea, or vision to change a way of doing things or solving an actual problem. And I personally saw two close friend going their hopes up in smoke.
Because the real reason behind most of the Indian start ups are being led by overwhelming twisted passion of getting rich quick and fast. In other words most of them are just being ambitious with no substantial idea, or vision to change a way of doing things or solving an actual problem. And I perso