Ideaspring Capital的动态

20 Startup CEOs Who Called it Quit This Year ?? Here's the list of 20 startup CEOs who stepped down this year facing issues ranging from funding winter, organizational restructuring and regulatory concerns. Names include-??Arjun Mohan - CEO of edtech company upGrad, resigned in January after nearly three years, later joining BYJU'S to lead its international business. ?? Prashant Jhaveri - CEO of Flipkart Health+, left after over a year at the company. ??Deepu Sebin - CEO of DailyRounds / Marrow, and Siddharth Mehta - CEO of Freecharge, both resigned in March after serving for several years. Likewise, ?? Anand Vemuri, 91Springboard, was replaced by Anshu Sarin. ?? Pranav Goel, @Porter, was promoted to executive vice chairman. Read the complete report here: https://lnkd.in/gbgk2p8H #CEOresignation #startupceos #Clevelmovement #edtech #fintech #healthtech #AIstartup #logisticsstartup #leadershipchange #fundingwinter

Startup Exodus!! List of 20 Startup CEOs who left positions in 2024 ?? ?? Primarily driven by organizational restructuring coupled with funding winter, led these 20 #startup CEOs change roles or pursue different assignments. #startupceos #startupexodus #indianstartups #ceos Read here: https://lnkd.in/gMrE-rDZ

From quitting Apple to building a ?9,016 crore empire, Nirmit Parekh's entrepreneurial journey is nothing short of extraordinary. His story exemplifies the power of innovation, resilience, and the drive to create social impact. Starting with digital watches at age 7 and robots by 13, Nirmit's passion for technology set the stage for his future ventures, including Cruxbox, which he sold to Intel. After completing his MBA from Stanford and a successful stint at Intel, Nirmit returned to India with a clear mission: to transform employment opportunities for blue-collar workers. Founding Apna just before the pandemic, he quickly scaled the platform to a valuation of ?9,016 crore in just 22 months, connecting millions of job seekers with major companies like Unacademy and Zomato. With Apna’s 125% growth rate over two years, Nirmit has not only built one of India’s fastest-growing startups but also bridged the employment gap in the unorganized sector. His journey inspires future entrepreneurs to not just chase success, but to make a lasting difference in the world.

From Quiting Apple to ?9,016 Crore Empire: The Rise of Nirmit Parekh and Apna in The Entrepreneur In You Series! Nirmit Parekh’s entrepreneurial journey is a testament to innovation, resilience, and social impact. Here's how he transformed the job market for blue-collar workers in India: ?? Nirmit’s tech journey began early—building digital watches at 7 and programming robots by 13. He launched his first startup, Incone Technologies, at 21, followed by Cruxbox, which he sold to Intel. ?? After his MBA from Stanford and a stint at Intel, Nirmit returned to India with a mission—to revolutionize employment for blue-collar workers. ?? Leaving Apple, he founded Apna just before the pandemic. The platform rapidly scaled, reaching a valuation of ?9,016 crore (USD 1.1 billion) in 22 months, connecting millions of job seekers with 150,000+ companies like Unacademy and Zomato. ?? With a 125% growth rate in two years, Apna is now one of India's fastest-growing startups, bridging the employment gap in the unorganized sector. Nirmit Parekh’s story is a powerful blend of technological innovation and social responsibility, inspiring the next generation of entrepreneurs to make a difference. Follow Siddharth Jain for more such inspiring stories! #apple #apna #jobsearch #entrepreneurs #innovation #socialimpact

Bengaluru-based techie Shakti Mani Tripathi recently opened up about the setbacks he faced in his entrepreneurial journey after resigning from his high-paying Amazon job. At present, Tripathi serves as co-founder and CTO of Reflecc, an AI company that automates the business and operational workflows of organizations. He left his lucrative position at Amazon, where he was earning a ?1 crore package, to launch his own AI startup. As shared on his LinkedIn profile, Tripathy worked as a software engineer with Amazon and helped develop the Amazon Pay Later application. “2024 has been a wild year for me. Left my ?1 crore job at Amazon without any backup, out of an urge to finally 'start up',” he shared on social media. Tripathi's decision to leave his comfortable job at Amazon was driven by a desire to pursue his passion for entrepreneurship. He took a bold step and founded his first startup, Hoobahoo AI, in 2024. Despite his efforts to pitch the idea to investors and raise funds, the startup failed to gain traction and was eventually shut down due to financial constraints. Undeterred by the failure of his first venture, Tripathi continued to explore new opportunities in the tech industry. He and his co-founder, Kunal Ranjan, worked on developing a B2B SaaS platform for engineering teams but soon realized the limitations of their approach. They pivoted to Codermon AI, a platform for developers' ad-hoc tasks, only to find themselves in an overcrowded market with stiff competition. Facing the challenges, Tripathi and his co-founder regrouped and started working on Reflecc AI, an innovative solution for automating business and operational workflows. Currently building an AI Digital Marketer, the techie-turned-entrepreneur admitted failing immensely but said that he also learned a lot from these various setbacks. “I hope 2025 doesn’t force me to quit my entrepreneurial journey and return to being an employee...once again,” he concluded. #startuppedia #startup #aistartup #startupnews #startupfounder

with this level of failures, the question i have to ask is how much cash did he have available to "pay" for this learning curve. and when does he decide he may run out of cash before he gets it right.

Many moons ago, I joined a US based startup in India. It was well funded, gave stock options and was awesome! ?? For an year, we worked on awesome tech, preparing for the scaling challenges. It was fascinating work and I personally learnt a lot, operating independently. ?? After an year, we got to know that the sales were not going well. We naively kept chugging at tech, thinking sales "will fire automatically" ?? After an year and half, the sales had still not picked up much. The leadership was optimistically hopeful - nearly cracking deals. After two years, they slashed salaries by 10%. Said it's temporary measure, saying all is well. After a quarter, the slashed salaries by 20% more. I just had a new born daughter, she was four months. Got another job - still have stock options somewhere. ?? ?? ?? In the Startup game, a bazillion things have to align for the magic to happen. Take your decisions careful, DO NOT get lured by cozy (on paper) stock options. There are more startup employees with un-exercised stocks than stars in the galaxy. ?? PS: Have you drank the startup cool aid? Share your experience in the comments.

?? 2024 was a year of recalibration for Indian startups. According to Entrackr, funding climbed to $14.44 billion across 1,337 deals—up from $11.3 billion in 2023 but still far below the $25 billion and $38 billion raised in 2022 and 2021. ?? IPOs claimed the center stage, with 13 startups going public— a sharp increase from 6 in 2023, 6 in 2022, and 10 in 2021. ?? Layoffs plummeted from 24,000 in 2023 to 4,700 in 2024, signaling a more resilient ecosystem. ?? Leadership shifts dominated the narrative, with over 100 senior executives, including CEOs and co-founders, stepping down. On the upswing were 200+ key executive appointments, reflecting a phase of introspection and strategic realignment as startups adapt to shifting market dynamics. However, M&A activity slowed considerably, with only 144 deals compared to 250 in 2023. ?? While e-commerce and quick commerce ruled 2024, there’s an increasing focus on emerging sectors like climate tech, agritech, logistics, renewable energy, and domestic manufacturing in 2025. ?? The IPO pipeline remains strong, and funding opportunities are expanding—setting the stage for a transformative 2025. ?? Zepto, Flipkart, DMI Finance Private Limited, Rebel Foods, Lenskart.com, PharmEasy, PW (PhysicsWallah), Rapido, Mintifi, Purplle.com, Avail, Krutrim, Neysa, TripFactory.com, Mstack Chemicals, Indkal Technologies Pvt Ltd, International Battery Company, Instant Transport Solution Pvt Ltd, Astrotalk #IndianStartupPulse #NationalStartupDay #startupnews

Looking back at last week’s startup scene! ? ?Google's $350 million investment values Flipkart at $36 billion. ?Honasa Consumer Ltd. posted a PAT of Rs 110 crore in FY24. ?Indian startups raised $444 Mn last week across 24 deals. Follow Pod Invest for more informational content ? #startupnews #indianstartups #startupindia #startupfunding #finance #linkedin

Where will India’s next unicorn founders come from? Not IIT. Not IIM. Not McKinsey. Not Goldman Sachs. Surprised? It’s true. The next wave of unicorn founders won’t come from traditional pedigrees. Why? India’s first-gen startup founders think Flipkart, Swiggy, Zomato, and Razorpay came from elite colleges. They built unicorns in an unsaturated market by working as hard on their companies as they did on clearing competitive exams. But the game has changed. The market is more saturated now.? The opportunities are more niche. The next-gen unicorn founders will: → Start younger → Skip the safe, “prestigious” career paths → Work in startups early, learning from founders Want proof? Globally, most unicorn founders spent 10 years working in startups before launching their own. India will be no different. The best bet to build a billion-dollar company isn’t a corner office at Bain or Goldman. It’s being an employee at 25 in the next big thing. Would you trade a corner office for $1B? (That’s where India’s future unicorn founders will be)