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 A start-upis a young company founded by one

or more entrepreneurs to develop a unique


product or service and bring it to market. By its
nature, the typical start-up tends to be a
shoestring operation, with initial funding from
the founders or their friends and families.
Startups
Failures & Successes
WE ARE GOING TO SHARE SOME RECENT EXAMPLES, WHERE STARTUPS FAILED .
1. MONEYBOX
2. TAPZO
3. TASK BOB
4. AUCTIONATA
5. BEEPI
Startup Name Tapzo
Headquarter Bengaluru
Founders Ankur Singla, Vishal Chaudhary,.
Launch 2012
TAPZO
 Tapzo was an app aggregator- it brought
together apps across all categories under a
single roof. Despite having a huge user base-
around fourteen thousand users, regular
subscriptions, and solid investments, the
startup was valued nearly at half the value of
the previous round of investments. This led to
the acquisition of Tapzo by Amazon Pay.
StartupName Taskbob
Headquarter Bengaluru
Founders Aseem Khare, Abhiroop Medhekar
Launch 2014
TASK BOB
 Taskbob was a startup that aimed to provide
home services to customers. The services can
be anything- beauty to home repairs. While the
idea was great and achieved targets, it was
neither scalable nor profitable. A rise in
margins saw a fall in the number of customers.
Ultimately, they had to shutdown company in
India.
Startup Name MonkeyBox
Headquarter Bengaluru
Founders Sanjay Rao, Sandeep Kannambadi
MONKEY Launch 2015

BOX  Monkeybox was a lunch delivery service that


provided vegetarian meals to school students. Their
customer lists boast of nearly eighty-five schools
and over 1500 students. Crossing two thousand
subscribers, acquiring other food businesses were
milestones. The reason for the shutdown is company
cited ‘ being unable to achieve targets’ as the
reason. They are one of companies that shut down
in India but are however working on strategy and
are hoping to resume services in the future.
A marketplace for people to buy
and sell used cars
 Raised $148.95 million in 5 rounds
BEEPI
from 35 investors

The startup failed apparently due to


the poor customer service and
wrong priorities.

www.iqvis.com | info@iqvis.com
 Online Auction house for arts,
antiques and collectibles
AUCTIONA  Raised $95.65 million in 6 rounds
TA from 15 investors

The startup failed, apparently due to


lack of ability to find potential
buyers. Their live-stream events
failed to meet their estimates and
resulted in

www.iqvis.com | info@iqvis.com
STARTU Why Startups Fail?

PS  Lack of market research

REASON  Lack of focus


 Absence of motivation
S FOR
 Not thinking out of the
FAILURE box
 Wrong team – people
 Fail to lead the team
 Lack of industry
knowledge

www.iqvis.com | info@iqvis.com
Some Statistics

 9 out of 10 startups fail every year.


 75% of venture-backed startups fail.
 82% fail because of cash flow
problems
 30% reach breakeven point
 30% are continually losing money
We are going to share some recent
examples, where startups
succeeded .

1. OLA

2. PHARMEASY

3. CRED

4. BYJU”S
 Ola is an Indian start-up that is based in
Kormangala, India. You might be thinking that
they're just another Uber clone, but you
couldn't be further from the truth. Whilst the
OLA company does offer cab-hailing as one of its
FOUNDED : 2010 features, they also offer a way to hire bikes,
HQ: KORMANGALA, busses, and much more.
KARNATAKA,
INDIA
SIZE: 5001-10,000
 Ola has been very active in attracting
investment and even making its own
acquisitions. The company has received a total
of $3.8 Billion in investment funding from 44
different investors through a series of different
funding rounds. So far, the company has also
made six acquisitions over the years, with
other transport and tech start-ups becoming a
part of the company's brand.
 PharmEasy is a healthcare technology start-up that is
currently based in Mumbai, India, and was founded
PHARMEASY in 2015. The company's offering revolves around
YEAR FOUNDED: 2016 providing their customers with medicine delivery
HQ: MUMBAI, INDIA services, the collection of tests from diagnostic
SIZE: 501-1000
samples, and healthcare consultations that are carried
FOUNDER(S):
out remotely. This is a very important offering in
DHARMIL SHEATH,
DHAVAL SHAH, India currently as the COVID-19 pandemic
MIKHIL INNANI continues to massively impact the country.

 The company has seen massive success in terms of


attracting outside investment. So far, the company
has received $651.5 Million in funding from a group
of 25 investors. The company has also had one count
of activity in the acquisitions market, completing a
takeover of fellow Indian medical start-up Medlife in
2020 for $235 Million.
 CRED is an Indian startup that is based in
CRED  Bangalore, India and was founded in 2018. The
YEAR company seeks to incentivize credit card users to
FOUNDED: 2018 pay their credit card bills on time. This is achieved
HQ: through rewards of financial value being paid for
BANGALORE, each time this happens. There is also a range of
KARNATAKA, features to help people manage their credit card
INDIA spending. Finally, customers will also get access to
SIZE: 251-500 a range of credit and products from leading brands.
FOUNDER(S):
KUNAL SHAH  CRED has received a massive amount of funding in
the three short years that they have been operating.
In total, this funding stands at $471.2 Million and
was raised by a group of 28 different investors,
which includes the American company, Insight
Partners. Rewarding people for managing their
finances is a good USP and these investors clearly
believe that too.
 Headquartered in Bengaluru, BYJU's holds the
BYJU'S highest-valued startup title, surpassing fintech
VALUATION: company PayTM's $16-billion valuation, BYJU's is
$16.5 on an acquisition spree and has spent about $2
BILLION billion over six months. It recently
FOUNDED: 2011 snagged WhiteHat Jr, a coding platform for
children; offline test preparation company Aakash
 FOUNDED BY
Institute; and online learning firm Topper.
BYJU
RAVEENDRAN  The world's most valuable educational technology
AND DIVYA company, whose investors include Tencent
GOKULNATH, Holdings, Lightspeed India Partners, and Sequoia
Capital India, has recently raised $350 million and
is the 14th most valuable startup in the world.
Known for its K-12 learning app, the company says
it caters to approximately 80 million students and is
eyeing $1 billion in revenue over the next 12 to 15
months.
REASONS FOR SUCCESS
1) Vision 7) Ability to Adapt to Changes

2) Speed 8) Fundraising Skills

9) Unwavering Belief 
3) Budget Masters
10) Master of Time Management
4) Social Skills
11) Execution
5) Discipline

6) Determination
Thank you

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