Moon Equity Holdings Corp (MONI)

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The flop of super apps in India?—?Mistakes and Lessons - Jan 26, 2024

Most of the super apps announced in India haven’t picked up steam. Tata Neu reported a net loss of $165 million as of Q3 2023. The report card was so worrisome that Sauvik Banerjjee, founding member and CTO of Tata Neu, resigned just four months after the app’s launch.

https://medium.com/@chaiwithsai/the-bust-of-super-apps-in-india-mistakes-and-lessons-1a0994f9bd26#:~:text=The%20primary%20reason%20for%20the,serve%20already%20had%20major%20duopolies.

The good news is Wiknogo hasn't lost $165 million like Tata's Neu app. Of course Wiknogo doesn't have $165 million to launch an app. Wiknogo isn't a $150 billion company either like Tata. Maybe Alison can come back to do some marketing tweets. The stock analyst that is smitten with her would be happy.