Most Disastrous Failed Acquisitions in Indian Startup History

[@sohaibaftab446]

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

[@mukeshbansal4869]

Blinkit was a great asset to zomato

[@psyche5184]

I still can't believe Zomato is a large cap company listed in nifty and sensex

[@waltuhWhite-gl4cd]

@@mukeshbansal4869 yes and no, while quick commerce has potential in tier 1 cities its never gonna work in tier 3 or even 2 cities besides throughout its lifespan there have been few moments where it has been "profitable"

[@roshangamingsvlogs80]

There isn't much swiggy is second company it's couldn't take the monopoly it needed a competition and there is so low competition literally no apps for hotel to sell food... After so long there is one app which came as hope for giving deals to survive and doesn't even have any food company and good hotels .. so give desert free in every purchase .. so without any competition just by being there he Made it happen coz of no or less competition

[@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

[@prafullsingh37]

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

[@uditchandani]

Got many 100 Rs off on my mobile and DTH recharge from freecharge

[@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.

[@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

[@p.saipavankumar7616]

Just by reading your comment, I have seen the entire video but couldn't find the "the video editor nailed it" edit in the video. Did I missed something or the editing is subjective?

[@spodermano]

real Id se aao editor

[@tanmaymehta5584]

Definitely more videos like this

[@backstagewithmillionaires]

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

[@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

[@Tiger1x1]

8:55 wolf gupta coded a glitch in the matrix

[@1_Of_A_Kind_AB]

Good video do more like this, Bro.

[@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

[@copi4766]

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

[@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)

[@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

[@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.

[@baby-wolf_Efootball]

Fairly saying, Deepindra Goyal doesn't have any innovative ideas on his own. Just copied one from the US, then followed Swiggy next. Nothing new. That's why they're behind all the time

[@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…

[@RanjeethMD]

Cash on delivery is an Indian mentality of I dont trust anyone till the product is in my hand and that is why flipkart is an important milestone in online shopping in India.

[@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

[@Petrolhead11]

cause of rivalry with Swiggy, Zomato was able to recover from the losses. That's the reason Deepi always praises swiggy.

[@quiteintresting1916]

Kunal shah is the biggest scammer

[@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

[@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

[@AmalDevYT]

Zomato really acquired and killed a good company

[@backstagewithmillionaires]

RIP Urbanspoon 🪦🥄

[@abhishhk.]

Maybe that was the plan

[@AdityaWaghmare]

Swiggy is much better than Zomato solely due to their Customer Support and discounts. Yes both have started to upcharge today like anything but first preference will always be Swiggy.

[@HARSHITKANSARA]

the day you start playing with someone's life(students) god starts playing with you

[@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

[@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

[@pranjal3730]

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

[@Krishna-ez1xy]

INDIAN ENGLISH ACCENCENT IS BEST

[@sunya_universe]

great video forced to comment

[@backstagewithmillionaires]

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

[@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