I have (for a very long time) said that angel networks in India are in a deadly spiral. I had not (yet) discovered "why" angel networks are no longer viable for investors or the founders of the angel networks. The issue lies in the fact that India's angel networks no longer operate as networks. The significant
Today, I heard that Smaaash shut down as a result of the pandemic. Being a place I had created numerous great memories, this made me sad. However, I quickly picked myself up and realised that its (premature) death still had a lot of takeaways and learnings.
Did you know that 97% postal codes in India ordered at least 1 item online in the last year? I found this statistic while researching for a presentation for the budding entrepreneurs of iHub Gujarat. here are some more interesting stats from the report from Bain & Company.