Localbanya failure story | Grocery Startup failure

Localbanya started in 2012 as a online grocery startup in mumbai.
Startup failed in 2015 . This video is detailed on their failure story.
#startupfailure #grocery #online

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[naushad_siddiqui]

Ye bahut accha series start kiya hai apne ...
Success story to sab batate hai, failure story bahut jaruri hai ....

[multicity]

Sir इनके फेलियर पर आपने इतनी मेहनत करी वो लाजवाब है!इनके असफल होने के कारण जानने के लिये आपकी खोज से हमने जो नतीजा निकाला वो ये है कि ये लोग ठग थे और सब काम इन्होने लोगों को टोपी पहनाने के लिये किया था और उसमें सफल भी रहे! वरना रातो रात गायब होना कर्मचारियों को भी मालूम न होना उनकी तनख्वाह तक खा जाना ये सब इनकी ठगी का ही हिस्सा है

[shaikamjad]

Pattha Dil jeet liya....
Kya baat hai yaar tum me dil se samjhate ho.

[rajkapoormishra]

Webvan in the US was a basket case and has, in fact, become a case study for failure in the e-grocery space. This start-up used a capital-intensive, inventory-based model, spent $1.2 billion on fully automated warehouses, and invested oodles in delivery vans so they could deliver online orders 24x7. The venture shut down less than two years.

[AshuKumar-wvyh]

Sir india ke startup failure wali case study aur banao jisse entrepreneur ka startup karne se pahle time aur money dono bachenge this type video is very helpful for startup

[jayjagannath]

I had a startup company named BOLLYWOOD and my friend also have a same company named TOLLYWOOD . But don't know why my company become bankrupt and his company is now at the top. So now, I started copying him...😁😁😁

[hemantjain]

Dusari baat comepetition ke hisab se discount to dene hi padate hai. nahi to aap ka competitors aap ka sale le jate hai.. Lekin jaruri hota hai purchasing bulk ho ke supplier se rate ko niche laya jana chahiye ye inhone nahi kiya hoga.. Isiliye jab supply force jyada ho tab inventory pe focus karake rate niche laya jana chahiye aur phir future me aane wali demand ko dekhke working raw material aur working capital ko properly manage karana chahiye.. Yahi long term success ka Gurumantra hai..

[satpalbhatia]

आपका वीडियो बहुत अच्छा बना है धन्यवाद।
एक स्टार्टअप की दुनिया मे मुझे लगता है सबसे बड़ा डूबने वाला askme bazar उस के माडल पर किसी ने भी चर्चा नही की नाही रिसर्च कि वो माडल डूबा क्यों जबकि बहुत दिनों तक मीडिया में चर्चा होती रही व वेंडर और एम्प्लॉएई बहुत समय तक आंदोलनरत रहे।

[unknownbrother]

Sir your every video is my power.💪
I can't define it ❤️
Sir keep it up❤️❤️❤️

[faisalshaikh]

Really well researched content man appreciate!

[AliBaba-szyb]

Great sir, I love failure start-up history.

[pranavanand]

लालच के साथ बिज़नेस लंबे समय तक नही कर सकते है।
जितना बिज़नेस वाइट रहेगा उतना आगे चलेगा

[harishswamy]

All startups are targeting funding. Not a business enterprise, their objective is to make money and exit.

[jitendrabhagwat]

They started after my restaurant opened in same area in Mumbai Goregaon. 2011

[ercoolsinghrahul]

Mine startup also failed after 3 years. It was nice idea with inhouse manufacturing....,

[vipuverma]

Inventory management is must
Jitna app ke pass hai utna hi app de sakte hai
Kisi BHI Kam me agar app dusro par depend ho Kam fail hone chance jayada HOTA hai

[ArunKumar-qffv]

I don’t believe that model was incorrect, there is some mechanism which needs to be done while working in virtual inventory module, that was lacking…my personal opinion

[rajabhishek]

This types of fraud are common in indian startup.

[bishopbhandary]

Your explanation is too good.bohut help hota hey.

[sainiamarjeet]

inventory is costlier model hence requires more invest n more funds and depend on financers/equity investors hence the risk