Most Disastrous Failed Acquisitions in Indian Startup History

[@apc6575]

That's why Kunal Shah's rants are given attention to, cuz he pulled a stunt like this of sticking something useless to someone at high valuation

[@Gd-jq6mz]

exactly my man should be gratefull it all worked out luck factor was quite high

[@sohaibaftab446]

The fact that zomato bounced back from such a grave mistake is commendable.

[@arihantjainhant]

whole episode is really good but during zomato vs swiggy ....the video editor nailed it with the editing!! 👍

[@backstagewithmillionaires]

Agreed 😍 definitely my favourite part of the video. They nailed it. -Caleb

[@prafullsingh37]

Freecharge was giving 25-50 rs on inviting your friends and doing some transaction. 😅😅

[@tanmaymehta5584]

Definitely more videos like this

[@backstagewithmillionaires]

Thanks for this signal Tanmay, I appreciate it! -Caleb

[@dilipdk17]

What a great video to start the day with. I'm all pumped up, Caleb. Thanks

[@backstagewithmillionaires]

So glad Dilip! 🙂 Did you like the 'takeaways' section of each of the three stories? -Caleb

[@dilipdk17]

@@backstagewithmillionaires Yes Indeed. More videos on this similar format is much appreciated. The way you condensed from 10 to 3 acquisitions was a smart move.

[@tamanna4697]

Yes more videos like this please, instead of listing down top 10 mistakes which doesn't go into detail, I feel this is better, feels like I've watched 3 different videos 🧎🧎🧎🔥

[@backstagewithmillionaires]

Yes! The original script was actually Top 10, but then we shrunk it down to 5 only, and then later on in revisions I decided to cut it to 3. Glad I did! Thanks as always for watching and engaging with our videos 🙏 -Caleb

[@soumyabrataroy1462]

Zomato for the longest time didn't want to be in the food delivery business. Even before swiggy there was foodpanda, although their service wasn't quite upto the mark. Things changed during jan Feb 2015 when food panda acquire Just Eats and Tastykhana (there were a few smaller ones, i don't remember). All of a sudden in Feb zomato wanted to get into the delivery business. Hence started the delivery war. Swiggy started services in April may , zomato in July August.

[@backstagewithmillionaires]

Putting myself in Deepinder's shoes, there are so many reasons NOT to get into delivery. It would inhibit their ability to expand globally, and even if they chose to purely focus on India, running a delivery business is so much more operationally complex and expensive. It really took Swiggy (and Foodpanda) gaining traction for Zomato to wake up and realise that Swiggy was Netflix and they were about to be Blockbuster. -Caleb

[@jsnreddy]

Love the video. I don't mind the length of the video, kept me engaged. Can you make a video on how GTM strategies change with strategic investments or acquisitions? May be give us a few examples of successful and failed GTM strategies.

[@copi4766]

its interesting how zomato was present back then but came to know only when they started food delivery.

[@a_maxed_out_handle_of_30_chars]

very entertaining, more of such videos please :)

[@backstagewithmillionaires]

Will do maxed_out_handle, so glad you enjoyed! 🙂 -Caleb

[@rtp9705]

Hi guys can u make a series on startups that are disruptive or excel in their respective field.( pls make it a series like u did with startups from diff states)

[@AmalDevYT]

Zomato really acquired and killed a good company

[@backstagewithmillionaires]

RIP Urbanspoon 🪦🥄

[@abhishhk.]

Maybe that was the plan

[@shaikusman536]

Good Analysis Caleb......Time to innovate the model to add more value....Respect rom bangalore.

[@backstagewithmillionaires]

Absolutely Shaikusman! As someone who has been subbed for 3+ years, you've seen our story evolve. Thanks for sticking with us! -Caleb

[@vangujral]

previous title was superb

[@parmanentdrawing825]

What was it ?

[@backstagewithmillionaires]

Biggest Failed Acquisitions in Indian Startup History

[@Upkar_kumar]

​@@backstagewithmillionairesI think people like simple and easy to understandable title means the words that feels instantly. Hence,it is more better title than current.

[@backstagewithmillionaires]

Main problem is that if we change it, it gets reset in the YT algorithm 😞 which could halt performance. Maybe once performance has plateaued though I will change. -Caleb

[@Upkar_kumar]

@@backstagewithmillionaires I did not know about it. BTW you can put some poll to test which type of title viewers are liking.

[@Adhavmani]

I love the video it’s really created a healthy debt in my mind 😊😊…. there is no guarantee that which step bring into success.. I believe success is combination of failure and hopefully these acquisition is part of their learning… The same zomato have a success story from another acquisition… IMO, it’s not right or wrong decision in the business world until world see the result. Being a viewers including you and me cooking story around result by adding our own flavours, it would be better respect their decision instead of justifying based on the outcome…

[@stOPinthechat]

Do one with most successful acquisitions pls 🎉

[@backstagewithmillionaires]

We were wondering if anyone would request this! Thanks for the suggestion 🙂 -Caleb

[@Prakashtalks1]

Yes we want more vedios like this

[@backstagewithmillionaires]

Thanks for letting me know Prakash, really appreciate the positive response from you and the rest of the audience on this! ♥ -Caleb

[@quiteintresting1916]

Kunal shah is the biggest scammer

[@Allrounder_Aditya]

Is this video in support of Swiggy,, as its IPO is nearing?

[@backstagewithmillionaires]

Nope. I personally prefer Zomato myself as a customer 😅 but it's true that Swiggy was able to innovate and give major competition to Zomato as a smaller, younger company. Now they are a massive thorn in Zomato's side, and IMO it's due to Zomato focusing on international expansion when they should have been focusing on India. -Caleb

[@pranjal3730]

kunal shah has been frauding since inception before freecharge now cred.iski topi uske sar

[@Ex-POTUS]

13:47 - Shows "₹50 Million", Caleb says "50 Million Dollars" - Typo I guess

[@backstagewithmillionaires]

Oops, thanks for pointing this out! Sorry about that. -Caleb

[@sunya_universe]

great video forced to comment

[@backstagewithmillionaires]

Glad the content was so good that you felt compelled to comment Sunya! 🙂 -Caleb

[@smit-joshi-IRL]

please reply me how to make and grow on youtube with documentry channel type please backstage with millionaires

[@Upkar_kumar]

According to me, By providing deeply reaserched content.

[@GadgetNest-z4z]

​@@Upkar_kumar +1

[@sahilsiddiqui8043]

Hi Caleb, please make more such videos about steps taken by start-ups/companies which made them successful or failed. It'll be amazing to learn from their stories. Much love and respect to you and your work! ❤️🫂

[@backstagewithmillionaires]

Thank you so much Sahil! Really appreciate the affirmation! 🙏 Didn't expect such a positive response in the comments but this is very helpful for the team and I. -Caleb