But the startup’s are losing money to a great extent , Do you know the reason ?

Let us first tell you the data as to which startup is failing from top to bottom in losing list –

1 – BharatPe – INR 5594 cr

2- PharmEasy – INR 3992 cr

3- Swiggy – INR 3629 cr

4 – Meesho- INR 3248 cr

5 – Udaan- INR 3076 cr

6 – Sharechat – INR 2988 cr

7 – Unacademy – INR 2848 cr

8 – Dailyhunt – INR 2563 cr

9 – Paytm – INR 2325 cr

10- PhonePe – INR 2014 cr

11 – Oyo rooms – INR 1940 cr

12 – Cars24 – INR 1834 cr

13 – Cred – INR 1280 cr

14 – Zomato – INR 1209 cr

These are just few who filed their FY22 earnings with MCA, there are many others like BYJU’s , OctaFX , Razorpay etc. which are still lacking in data.

The main 3 reasons for the failure are

– Growth over possibilities

Loads of money is getting spent on customer acquisition & marketing to acquire customer base . Offering of huge discounts and Cashbacks to newbies & oldies with profit in later years .

– Lack of monetisation model

– Regulatory & compliance hurdles .

What are your views ? Please let us know in comment section below .

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