The unfolding of the startup ecosystem has not only put India on the global map, it has brought international trends to India. India's startups are today offering products and services at par with their global counterparts and the way they run their businesses is also becoming more and more streamlined like evolved ecosystems. One T such global trend that has played out in India in the last few years is the increasing number of acquisitions, i.e, takeover of one company by another.
Acquisitions often come in as a win-win for both the seller and the buyer. While the former opts to be acquired for reasons like lack of scalability beyond a point or to give an exit to the current investors, the latter is usually interested in the product or technology of the company. For the buyer, it is an easier route to expand rather than building new products and technology from scratch.
Acquisitions have also come in as a rescue measure for many startups that have been on the verge of shutting down due to global downturn-induced funding winter. However, there is a twist to this tale. Today, many acquisitions are going awry because of buyers and sellers getting into nasty quarrels.
SOME CASES IN POINT ARE:
→ Last month, Tiger Global-backed healthtech platform Pristyn Care reportedly suspended Rahul Narang and Saurabh Arora, the founders of Lybrate, a day after they served a default notice demanding outstanding payment resulting from the acquisition of their company. This came almost 12 months after the acquisition.
هذه القصة مأخوذة من طبعة September 2023 من Entrepreneur magazine.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة September 2023 من Entrepreneur magazine.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Chords of Success
For Saahil Goel, the deep-rooted passion for playing the guitar dates back to his high school days. Influenced by legends like Pink Floyd, Led Zeppelin, and the Pakistani band Strings, his musical journey mirrors his leadership style-balancing focus, discipline, and a collaborative spirit. Goel feels that playing guitar has enhanced his ability to balance focus and teamwork as a founder of an eCommerce shipping start-up.
IS YOUR RENT TOO DAMN HIGH?
Many small business owners struggle with their rents. Here's what to do.
HOW TO BOUNCE BACK FROM A BAD REVIEW
A one-star review can hurt your ego - and your business. But it's possible to prevent (and remedy!) this scary scenario.
HOW TO HIRE FOR THE FUTURE
Small businesses are struggling to find quality labor. So flip the conversation: Show workers how your business will set them up for opportunity.
You Can Hire Like Netflix
The streaming platform built an incredible team with a strategy called “talent density.” But you don’t need to be a tech giant to do it.
Speedy Growth Killed My Startup
We seemed to be rocking it - lots of press, major partnerships. Then we learned the harsh consequences of overlooking our customers.
Three Pivots to $100 Million
How do you find a working business model? Do it like Rowan-a brand that reinvented itself many times before finally piercing the ear-piercing market.
What Goals Actually Matter?
Some benchmarks are more important than others so what should you really care about? We asked six founders for their hardest-won lessons.
'Only the Strongest Are Going to Survive'
Brian Lee cofounded companies like LegalZoom and ShoeDazzle-and he believes a lot of conventional business wisdom is backward. Sure, it's harder to raise capital. But it's actually cheaper than ever to start a company.
HOW TRUST SAVED KFC
The former CEO of Yum! Brands explains how he turned around a struggling KFC-and the important lesson it offers for anyone in franchising.
