Localbanya failure story | Grocery Startup failure

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  • Опубліковано 25 лис 2024
  • 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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КОМЕНТАРІ • 283

  • @naushad_siddiqui
    @naushad_siddiqui 3 роки тому +67

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

  • @shaikamjad9202
    @shaikamjad9202 3 роки тому +6

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

  • @jayjagannath2015
    @jayjagannath2015 2 роки тому +6

    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...😁😁😁

  • @multicity2009
    @multicity2009 3 роки тому +77

    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

    • @khansahabadvocate8877
      @khansahabadvocate8877 3 роки тому +7

      conclusion to yahi nikal raha hai ki ye fraud the

    • @multicity2009
      @multicity2009 3 роки тому +4

      @@khansahabadvocate8877 बेशक

    • @saxeinaventures6312
      @saxeinaventures6312 3 роки тому +4

      Every failure is the result ..Either lack of knowledge or gross negligence in all aspects of management..

    • @karanpednekar9170
      @karanpednekar9170 3 роки тому +3

      Someone well said" if you want to be successful then learn from other peoples mistakes " with your case studies we get knowledge ❤️

    • @jaswantbishrwal5232
      @jaswantbishrwal5232 3 роки тому +1

      ग़रीबों को लूटकर भागते है, अमीर लोग।

  • @harishswamy2603
    @harishswamy2603 3 роки тому +23

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

  • @AliBaba-sz9yb
    @AliBaba-sz9yb 3 роки тому +20

    Great sir, I love failure start-up history.

  • @AshuKumar-wv5yh
    @AshuKumar-wv5yh 3 роки тому +10

    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

  • @faisalshaikh6450
    @faisalshaikh6450 3 роки тому +18

    Really well researched content man appreciate!

  • @rajkapoormishra6857
    @rajkapoormishra6857 3 роки тому +16

    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.

  • @hemantjain9911
    @hemantjain9911 3 роки тому +5

    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..

  • @pranavanand696
    @pranavanand696 3 роки тому +12

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

  • @bishopbhandary9921
    @bishopbhandary9921 3 роки тому +9

    Your explanation is too good.bohut help hota hey.

  • @vipuverma6854
    @vipuverma6854 3 роки тому +4

    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

  • @unknownbrother693
    @unknownbrother693 3 роки тому +15

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

  • @yogeshkarnik4557
    @yogeshkarnik4557 3 роки тому +6

    Great lesson for everyone,,, thanks, Dipak ji 🙏 your video is very important for me 🙏

  • @satpalbhatia4367
    @satpalbhatia4367 3 роки тому +3

    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।

  • @jitendrabhagwat3633
    @jitendrabhagwat3633 3 роки тому +5

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

  • @ercoolsinghrahul
    @ercoolsinghrahul 3 роки тому +7

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

  • @ArunKumar-qf9fv
    @ArunKumar-qf9fv 3 роки тому +19

    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

  • @anujmaurya3131
    @anujmaurya3131 2 роки тому +2

    Greatly appreciate your efforts... Great information Deepak sir...

  • @sainiamarjeet
    @sainiamarjeet 3 роки тому +7

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

    • @sobhitkumar1682
      @sobhitkumar1682 3 роки тому +5

      Inventory is costlier model ....i agree with you Sir....लेकिन आप इनकी कहानी में देखिए कि इन्होंने पहले 3 महीने में 1 करोड़ जनरेट किया और 5 मिलियन डॉलर की फंडिंग भी पा गए थे....तो जब इन्वेस्ट करने को पर्याप्त रकम थी तो क्यों नहीं inventory बिल्ड करी इन्होंने....आपने कहा कि it requires more invest and more funds....पर जब फंडिंग आ गयी तब तो ये समस्या उतनी गम्भीर नहीं होनी चाहिए थी..... शायद ठगी की नियत ही ले डूबी इनको ।।
      🙏🙏

    • @sainiamarjeet
      @sainiamarjeet 3 роки тому +1

      @@sobhitkumar1682thr r better models since if inventory was the profitable venture than flipkart/amazon/etc would have done so better than tht like jio using n facilitating trade by local traders is more relevant in todays time since quality wise if incase for inventory u r buying china only than wat is use if u can't promote indian farms or asure quality like seen in case of doodhwala story hence the farmer requirement is third party services of demand, safe logistics, etc. for selling his produce or produces as per assured demand.

    • @sumeetghai8867
      @sumeetghai8867 3 роки тому

      Not always if your inventory is bought in a large scale or have delegated dealership network

  • @aliraza1129
    @aliraza1129 3 роки тому +5

    Customer feedback ignorance,
    No Quality Assurance
    No clarity of Order

  • @rajabhishek7201
    @rajabhishek7201 3 роки тому +5

    This types of fraud are common in indian startup.

  • @RajatmohanSingh
    @RajatmohanSingh 3 роки тому +6

    Bhai I really like you and your content. Please carry on, full support from our side.

  • @anuanjel
    @anuanjel 3 роки тому +2

    Bhai koi bhi busniess topi pehnane k liye ya thagi ke liye nahi krta. Har kisi ko naam bnana hota hai paisa kmana hota hai, Situation aisi aajati hai aap depression me ajaate ho tension phone calls or bhut bhut kuch aapko marne tak par majboor kr deti hai. Log gayab ho jate hai uska b reason hota hai.
    2 trha ke log hote hai
    . Jo shuru se hi plan krke chltey hai k nhi chala to itna lekr gayab ho jana hai.
    . Jo shuru se soch kr chltey hai aakhri saas tak chahey kitne failure aaye hume usi me mehnat karni hai.
    STARTUP bolna jitna aasan hai usse khi zayada mushkil.

  • @charlidavid5592
    @charlidavid5592 3 роки тому +1

    Ur video is eating my long time.. Good luck,,

  • @alkeshchaudhary6914
    @alkeshchaudhary6914 Рік тому

    सर आपके यही वीडियो से हमे कुछ सीख ने को मिलता है धन्यवाद आपका 🙏🙏🙏

  • @Rishi-3
    @Rishi-3 3 роки тому +5

    Great work by digital odd

  • @SD-chem
    @SD-chem 3 роки тому +13

    They are cheater like Nirav Modi,they collect a lot of money from market and dint deliver to customer.

  • @ADARSHYADAV-rj7yu
    @ADARSHYADAV-rj7yu 3 роки тому +12

    Well explained ❤️

  • @ashutoshyadav75
    @ashutoshyadav75 3 роки тому +2

    Very Nice research and explanation

  • @rohitnarayan7408
    @rohitnarayan7408 3 роки тому +10

    3:27 se sune...

  • @greenshops6389
    @greenshops6389 3 роки тому +10

    Big mistake :Over discount, offers

  • @navreetrandhawa1990
    @navreetrandhawa1990 3 роки тому +5

    5M Dollars ki Payment lene ke baad inko Inventary Model parr Shift hona chahiye thaa...

  • @P.K.PANDIT
    @P.K.PANDIT 3 роки тому +2

    Superb bhai saheb yah series shuru karane ke liye aapka bahut bahut dhanyavaad

  • @dhavalbaga6913
    @dhavalbaga6913 3 роки тому

    Good research... Even Big bazaar failed in this kind of venture..

  • @AmitKalshetti
    @AmitKalshetti 3 роки тому +4

    Thank you for this series sir

  • @shishirmokati8588
    @shishirmokati8588 3 роки тому +4

    An inexperienced team into online retail model seems likely reason, that took the startup to crashi.

  • @dheerajshakya4645
    @dheerajshakya4645 3 роки тому +1

    Bahut achchi information's di apne

  • @truedancer6467
    @truedancer6467 2 роки тому +3

    Hi sir my startup got failed......i invested 30 lac rs

  • @sunworldcreation5552
    @sunworldcreation5552 3 роки тому +3

    best video , thanks brother

  • @moneyisdog7728
    @moneyisdog7728 3 роки тому +1

    Very informative...make more videos

  • @amitsingh-tw1zo
    @amitsingh-tw1zo 3 роки тому +3

    Ye aapki case study se ye pata chalta hai ki ye fraud person the funding ka wait kar rahe the.fund mila ek saal ke baad company band.

  • @MayaIncome
    @MayaIncome 3 роки тому +5

    Very very congretulation sir

  • @motilalbajaj6362
    @motilalbajaj6362 Рік тому

    Please mame more video on failed business case study and failure to success business case study .Thanks in advance.🙏🏻

  • @girishthakare5937
    @girishthakare5937 3 роки тому +4

    Excellent sir 👌

  • @hemantjain9911
    @hemantjain9911 3 роки тому +6

    Inki purchasing high rate par hui ya phir inke suppliers ne wade ke hisab se inko maal nahi diya hoga sahi samay par.. Yahi start up ke faluire ka main reason lagata hai..

    • @rdcreations2166
      @rdcreations2166 3 роки тому

      Yes

    • @harishswamy2603
      @harishswamy2603 3 роки тому

      Most failures are because burn rate is more then profit. They rely on funding to bridge this gap, hence the fraud.

  • @sonalpatel6119
    @sonalpatel6119 3 роки тому +4

    Sir : Authoritative : Avarice : greed for Mony or possessions .

  • @rajankumar-fs3rk
    @rajankumar-fs3rk 3 роки тому +14

    Mai bhi ek Start up suru karunga or fanding karne walo ka paisa le ke bhag jauga😎

  • @funloverzzz4523
    @funloverzzz4523 3 роки тому +4

    Ultimately inke founder aur funding company mil ke sara funding ka paisa golmaal kar gyi..

  • @shyamaa9259
    @shyamaa9259 3 роки тому +1

    I have subscribed your channel but
    Plzz do some more research.
    So,your channel is not gaining more subscribers.
    Orelse you should have been atleast double than your subscribers.
    Take my words in positive way.
    Good Going
    Best of Luck
    You have unique and nice idea.
    👍👌

  • @bhaidasborse5373
    @bhaidasborse5373 3 роки тому +1

    बहोत बढिया विश्लेषण

  • @vikramtanvar7108
    @vikramtanvar7108 Рік тому

    I love your content, keep rocking

  • @Dpk_YT
    @Dpk_YT Рік тому +1

    Local baniya.. Was ahead of its time..

  • @danieldavid3150
    @danieldavid3150 3 роки тому +1

    Need funds and have all Machineries, But need Packing machines and funds for my Company related to Food Products Mainly in Masalas, Pickles, Papads, Jams etc.I want to start it in large scale, So need funds...

  • @Manojkarande5
    @Manojkarande5 Рік тому +1

    Best explanation thank you

  • @arvindbute7132
    @arvindbute7132 3 роки тому +2

    बहोत अच्छा व्हिडिओ 👍👍

  • @kundankumar-lu1bi
    @kundankumar-lu1bi 3 роки тому +1

    Etna aage phuchkar bina sudhar ki wajah se aaj pachta rahe honge apna viswas bhi kho chuke

  • @ravimittal9923
    @ravimittal9923 3 роки тому +3

    Ji inhone funding mkt se uthai thi uske baad y gayab ho gye the.

  • @ashikweb4341
    @ashikweb4341 3 роки тому +4

    Well explained

  • @nileshkadam6570
    @nileshkadam6570 3 роки тому +1

    Nice Grass background.

  • @vikramsinhrana1887
    @vikramsinhrana1887 3 роки тому +2

    Very Nice.

  • @spprajapati4078
    @spprajapati4078 3 роки тому +1

    Fantastic job sir

  • @nitbha81
    @nitbha81 Рік тому +1

    Sir but apni galtiyaan koi aapko kyun batayega wo insulting nahi hoga uske liye aur phir wo apni learning apne pass hi rakhega na taaki apne next startup me wo improvement kar sake wo sabko aakhir kyun batayega

  • @mukhtarahmed5420
    @mukhtarahmed5420 3 роки тому +3

    कोटक महिंद्रा बैंक का कस्टमर केयर नंबर भी पेड है जो कि मुझे बिल्कुल खराब लगा

  • @praveendubey4567
    @praveendubey4567 3 роки тому +5

    Sir can I help me as m starting a small grocery smart kind of store in C town, my focus initially in my Area only, so help me n some good advice as well.

  • @akgg6828
    @akgg6828 3 роки тому +4

    This start up was basically cheating people's

  • @goodmorning2668
    @goodmorning2668 3 роки тому +2

    Very good advice sir

  • @surreshtarasingh9
    @surreshtarasingh9 3 роки тому +1

    This is good concept but indians mentality is great concern when product come to you people always sceptical about it and pay less and whenever they approach product they pay more and cash crunch of middle class is also problem kal le lena kahi ja raha hu kya bhage those ja raha hu viswaas nahi hai kya and discounts always work against you and your company

  • @subratabanerjee8371
    @subratabanerjee8371 3 роки тому +4

    Osm

  • @gauravsharma-nc3hv
    @gauravsharma-nc3hv Рік тому

    Sir i suggest you vedio me music dalo...audiance bour hone lagti hai....music bahut jaroori hai...music dalo 🙂🙂🙏🙏🙏

  • @first6969
    @first6969 Рік тому

    There Was Either Little Or No Differentiation In Experience...

  • @sanjayjain1680
    @sanjayjain1680 3 роки тому +3

    Please make a video on 1k kirana Gurugram based company

  • @ArjunKumar-jt6fs
    @ArjunKumar-jt6fs 3 роки тому +1

    Sahi kaha aapane.

  • @rpgupta6830
    @rpgupta6830 3 роки тому

    Nice Information

  • @dheerajsharma5091
    @dheerajsharma5091 2 роки тому

    Don't rely on Google reviews......Reviews could be posted on behalf of rivals or employees of competitors

  • @faheemindia6773
    @faheemindia6773 3 роки тому +1

    Very nice

  • @mohitaneja6212
    @mohitaneja6212 3 роки тому +5

    Sir, you should use Animations

  • @rajendraingavale6050
    @rajendraingavale6050 3 роки тому +1

    दिपक जी मुंबई और पुना मे इस तरह के कितने सक्सेस फुल स्टार्टअप चल रहे है ?? या नही ??

  • @rdcreations2166
    @rdcreations2166 3 роки тому +2

    Please tell about aircel mobile network and kingfisher airlines

  • @Antriksh.G
    @Antriksh.G 3 роки тому +1

    Duniya Alag India Alag🇮🇳

  • @nirajbharadvaj786
    @nirajbharadvaj786 3 роки тому +2

    Please talk about coaching institutes also

  • @pranavanand696
    @pranavanand696 3 роки тому +2

    टैक्स नही देने के चक्कर मे बहुत से बिज़नेस बन्द हो गए।

  • @eDucationChannel
    @eDucationChannel 3 роки тому +3

    Ek speak Asia tha vo lakho logo k arbo rupye kha gye ya congress k politicians unk piche pad gye kase logo ko hajaro rs income dere Ho usk Baad suddenly speak asia band.... Govts K pressure se wo band hua tha otherwise wo logo ko products survey review K ache pase dere the....

    • @ashah1451
      @ashah1451 3 роки тому

      🤣🤣🤣🤣woh mlm thi

  • @jayantasil5822
    @jayantasil5822 2 роки тому +1

    Thanks sir 💖

  • @prasannaemea
    @prasannaemea 3 роки тому +1

    Kindly pls refrain saying Doston Doston every now and then

  • @kalammolla3219
    @kalammolla3219 3 роки тому +1

    Nice information

  • @shashankkasare8047
    @shashankkasare8047 3 роки тому

    Superb series

  • @gamer-il9mx
    @gamer-il9mx 3 роки тому +1

    सर , PAN CARD club के feller का कारण क्या हे?

  • @liontigertogether
    @liontigertogether 2 роки тому

    Very well explained

  • @NiteshKumar-li3gs
    @NiteshKumar-li3gs 3 роки тому

    Bhai esi video aur bante rho aap

  • @rayalain7581
    @rayalain7581 3 роки тому +1

    Non veg type business me bhi inventory chahiye agar low cost pe business khole

  • @harshitjain7334
    @harshitjain7334 3 роки тому +4

    Same business model of jio mart

  • @saumitram
    @saumitram Рік тому +1

    लोकल बनिया के जगह बेईमान बनिया रखना था नाम

  • @rajeshm8093
    @rajeshm8093 3 роки тому +2

    Bhai kuch jyada shabd m istemaal na kre kam shabdo me batane k kosis kre. Content is gud but thode jyada shabd k istemaal kr rahe hai aap

  • @sachinbedekar8553
    @sachinbedekar8553 3 роки тому +1

    Very good brow

  • @yogeshbhatia6115
    @yogeshbhatia6115 3 роки тому +1

    Sabhi tarah ki gad bad rhi inke busines me inka system hi sahi nhi tha agar inke paas koi item nhi thi to custmr ka paisa refund krte quality maintained karte apne staff ko khush rkhte vedeo me jo apne btaya usse yhi lgta hai na to inki neeyat sahi nhi thi aur na hi ye apne kaam ke prati vafadar the sabse bda karan yhi tha failure ka

  • @sachinsachin8459
    @sachinsachin8459 3 роки тому +1

    Hi sir
    Mera pan house hai last 4 saal se loss me chal raha hai khuch aap guide kar sakte hai kya plz rep 🙏

  • @swap459
    @swap459 3 роки тому +1

    Bhai tu sirf ye baaata ki fail kyu hua,
    unko business ki samj nahi hogi, basic knowledge nahi hogi, prototype ka mtlb pata nhi hoga, customer review kyu nahi dekhe,
    bina unse baat kiye ye sb bol rahe ho,
    2012 me khud ke saving k 70lac lagaye hai to business ka kuch knowledge nahi isliye itna daring kiya hoga kya??
    Ha fail hue pr iska mtlb aap review k naam pe kuch bhi bolo, ye baat galat hai

  • @avinash14785236
    @avinash14785236 3 роки тому +3

    sir bharat me log apni galtiyon se kuch nhi sikhte