Quick Commerce CAN'T SURVIVE Like This - Indian Startups News 291

0:00 Intro 0:37 India’s Quick Commerce Bubble 5:09 IIT Bombay’s Deep-Tech Fund 6:33 Quick Update: Unacademy valuation drop & M&A talks 7:03 Quick Update: Virat Kohli sells One8 to Agilitas Sports 7:17 Quick Update: Uber Direct launches via ONDC 7:48 Quick Update: Meesho IPO lists at 46% premium 8:10 Weekly Funding News This week on Backstage with Millionaires, we’re breaking down Blinkit CEO Albinder Dhindsa’s explosive comment that India’s quick commerce industry is “nearing its limits.” After years of massive discounts, billions raised, and hyper-growth from players like Zepto, Instamart, and Blinkit itself, the economics are now catching up with the sector. We explain why order-level losses, expensive dark-store networks, tightening labour codes, and investor FOMO are creating the early signs of a bubble — one that looks eerily similar to what food delivery, e-commerce, and edtech went through before their shakeouts. We also discuss the rise of a new wave of ultra-instant startups—apps promising maids, clothes, essentials, and neighbourhood services in 10 minutes. Despite their tiny addressable markets and weak unit economics, they’re raising millions at lightning speed. We break down why these models are even harder to sustain than grocery delivery, and why consolidation or shutdowns may be inevitable once funding slows. Then, we look at a major development in India’s innovation ecosystem: IIT Bombay launching a ₹250 crore venture fund dedicated entirely to deep-tech. From semiconductors and robotics to biotech, AI, and new materials, this fund could become a crucial link between research and commercialization—taking India one step closer to building globally competitive deep-tech companies. In our Quick Updates, we cover: Unacademy admitting an 85% valuation drop and exploring M&A, Virat Kohli selling One8 to Agilitas Sports while joining as co-founder, Uber launching Uber Direct with ONDC to enter B2B logistics, and strong IPO debuts from Meesho and Aequs. Finally, in our Weekly Funding News, we break down the $86 million raised this week — including rounds for Fibe, Smart Joules, Elecbits, Dr. Paws, and NeoSapien. Disclaimer: Zero1 by Zerodha supports creators and storytellers through its network. The views expressed in this video are solely those of the creator and are not endorsed by Zero1. Connect with us: Twitter:   / bwmillionaires   Instagram:   / backstagewithmillionaires   Podcast: https://open.spotify.com/show/5rGPalo...