7 Biggest Events That Defined Indian Startup Industry In 2015
BENGALURU: We have seen many startups’s come and go at the same time but there have been some startups that made the news and got successful. 2015 was the year when Indian startup industry bloomed as well as got a reality check. The year saw companies like Ola, Snapdeal, Quikr, Zomato and Paytm cross $1 billion in valuation and join Unicorn club, according to indiatimes.com.
Rahul Yadav: A Journey from Startup Fame to Spoiled Kid.
Indian startups share of drama came with Housing founder Rahul Yadav’s journey from poster boy to spoilt brat. After a public spat with Sequoia, Yadav was sacked. He is now building a new company, Intelligent Interfaces, with backing from the Flipkart founders. Will 2016 be the year Yadav comes back or will he be a one-hit wonder, only time can tell.
Kirana Named Hottest Category:
The ‘kirana shop’ became the most sought-after segment with Flipkart, Snapdeal, Amazon, Paytm venturing into grocery delivery. Grofers, BigBasket and Peppertap have also got fresh cash. The response for its online entry has not been that great but we see it as a medium of the future, another noticeable trend in the segment is small companies that began as online stores delivering groceries in selected localities have started opening physical stores.