Techtribe on the verge of closing down

Rohit Agarwal, a renounced serial entrepreneur, the founder of TechTribe.com a niche player in the indian online networking space is on the verge of shutting down. He admitted that the company is looking for a strategic partner or a buyer & if does'nt find any then it would have to shut down.

“The model for referral recruitment as we had planned is not working out,” said Rohit.

He has experienced the reality of the web scenario in India so he gives the following advice to aspiring entrepreneurs.

“Only mass internet plays can work in India, not niche plays. Unless it’s a service that is a must have, it doesn’t work in Indian web”

So if niche does'nt work according to him then how will apnacircle.com (Incubated in AII), brijj.com (a naukri.com venture) plan to survive in the market as they cater to niche segments in business networking.