Why Indian startups burned vast capital chasing growth, why it faced a reckoning, and what efficient growth means now.
Startup · Topic
India Company Stories — Page 4
Expert guides, analysis and tool comparisons on India Company Stories from the kurums.com Startup desk — written for business decision-makers and updated as the market moves.
- 55 guides
- 11 subtopics
- Updated Jul 21, 2026
All guides · page 4
Nykaa: Building a Profitable Consumer Business in India
How Nykaa built a profitable beauty retailer through category focus, curation and discipline — an alternative to cash-burning growth.
Zomato and Swiggy: The Economics of Food Delivery
How Zomato and Swiggy built India’s food-delivery duopoly and chased profitability in a famously cash-burning business.
Flipkart vs Amazon: The Battle for Indian E-Commerce
How Flipkart and Amazon fight for India’s contested e-commerce market through localisation, logistics and deep capital.
What the World Can Learn From India’s Fintech Model
India’s fintech playbook: public infrastructure, inclusion at scale, and monetising services above a free payment core.
Razorpay and the Business of Fintech Infrastructure
Why B2B fintech infrastructure firms like Razorpay can be more durable businesses than consumer payment apps.
PhonePe vs Google Pay vs Paytm: Winning on Free Rails
How India’s top UPI apps compete and monetise on free, shared payment rails where transactions earn almost nothing.
Paytm: The Rise and Reckoning of an Indian Fintech Giant
How Paytm grew from a mobile wallet into a fintech giant — and why free UPI and regulation forced a hard reckoning.
UPI: How India Built the World’s Best Payment System
How India’s UPI became the world’s most successful real-time payment system through public, interoperable infrastructure.
Do Conglomerates Create or Destroy Value? India’s Answer
Why Western investors distrust conglomerates yet Indian groups thrived — the institutional-void theory and what it means now.
Mahindra: Diversification With Discipline
How the Mahindra Group runs a diversified portfolio through an empowered federation model — diversification with discipline.
The Adani Group: Rapid Rise, Real Risk
How the Adani Group rose into a debt-funded infrastructure empire — and why leverage and concentration define its risks.
