As I sit down to write this blog entry on why our offline model failed, a realization sets in. All the hundreds of conversations with mentors, friends, colleagues and investors across the globe over the last three years discussing this business is now seeing a closure.
The inspiration to start up came when friends and family who used matrimonial sites to seek matrimonial alliances, often cribbed about fakes and frauds on those sites. While matrimony is quite an important life decision, you often get bumped into a lot of fakes. Having seen this happen with close family and friends, I thought that no matrimonial site was looking at authenticating profiles. This led me to build Truejodi – a reliable place to find a 100% verified match.
Spinny’s story started from a conversation over coffee. Ramanshu and I were casually remarking on how many of our friends had bought used cars and how the experience has always been a very complex process.
Inspiring story of a failed up startup in India and the invaluable learnings from it, as shared by the co-founder, who left a job at Google to start up.
21 year old Indian girl Payal Lal had an opportunity to intern at an Israeli startup Erated based in Tel Aviv. She recounts her experience at the startup and life in Tel Aviv and draws insights for Indian startups to learn from.
I thought I would make millions through my startup, but I failed miserably. I’d read shiny stories of Flipkart and Zomato, but nobody told me that 90% startups fail within two years of starting up, I failed in the first year. Sometimes I feel being cheated but the fault was mine, I believed one side of the story.
Vikas Malpani is the Co-Founder of CommonFloor.com and Head of CommonFloor Groups. In this exclusive writeup for OfficeChai, he talks about his journey while building real estate listing portal commonfloor.com
Story of a negative personal experience with a startup in India