The Big Story🔥
India’s most popular travel platform dead in the water?
EaseMyTrip HQ
This week, India’s most popular travel platform, EaseMyTrip, faced a terrifying problem for any business executive… Mutual funds cut around 99% of their holdings in the company.
What’s going wrong?
Growth is slowing → no clear expansion path
No real moat → competing on price in a brutal market
Low-margin core → flights don’t make serious money
Where does this leave us?
It shows that you can scale an indigenous business using a low-cost, price-driven model. But building without a moat is risky. Larger players can watch, learn, and once they see opportunity, double down on your home turf.
This feels like a canary in the coal mine moment.
EaseMyTrip doesn’t have the global reach or marketing might of its competitors, and it doesn’t offer anything particularly game-changing. So while it’s not dead in the water, investor confidence is clearly shaky.
It comes back to a simple question:
Can they pivot away from a low-cost, low-margin model or do they become another mid-tier firm that slowly fades out? Only time will tell.
🎯 The Bulletin
FlipKart IPO? There is speculation that Walmart (FlipKarts parent company) is planning to revisit IPO plans, which could be one of India’s biggest listings in history.
AI Startups are gaining some serious momentum: India is seeing a wave of AI SaaS tools, automation startups and enterprise AI adoption. This shows that investors are clearly rotating towards an AI-first businesses.
Byju continues to collapse: No clean resolution, ongoing restructuring + asset sales. The cautionary tale for overfunded startups continues.
🚀 Company of the Week
Licious: strong growth, but still burning
Licious reported 47% revenue growth (₹1,166 crore), but EBITDA losses hit ₹187 crore.
With an IPO coming up, the focus now shifts from growth to profitability.
👉 Can they turn scale into a sustainable business?
😂 Meme of the Week
💼 The Jobs Report
Big Tech still cautious: layoffs have slowed, but hiring hasn’t properly picked back up
AI roles still hot: demand for AI, data, and engineering talent remains strong
Startups staying lean: companies are growing, but avoiding aggressive hiring
👉 Overall:
The market is stabilising, but companies are still prioritising efficiency over expansion.
And just like that, another week of tech news reported @ techscoopindia.com make sure you check us out. Have a great week and thank you for choosing TechScoopIndia!
- Michael