Startup founder, once earning Rs 20 lakh a day, reveals how he lost business to Amazon

Founder of Grapevine, Saumil Tripathi, revealed how his home organizer business, once generating ₹20 lakh daily, nearly collapsed due to Amazon's competition. After rejecting an acquisition offer, Amazon's private label Solimo emerged as a cheaper rival, causing a significant revenue drop. Tripathi's experience serves as a cautionary tale about the challenges of competing with major online platforms.