Venture Capital (VC) funding in Indian startups has registered a phenomenal Y-O-Y growth rate of 261% in 2014 and, scaling new heights, touched $3.86 billion, according to research firm Privco. With internet penetration in India improving with every passing day (though still...
Online travel company MakeMyTrip.com has planned to raise $100 Million from its upcoming IPO for which company has filed with U.S. capital market regulators. MakeMyTrip which will be listed under the NASDAQ with a symbol "MMYT",will offer an exit to the VC investors and promoters of the 10-year old company. Currently SAIF Partners ( VC ) owns 51.32% in MMT.
Your company would be growing like anything...You may be enjoying the attention you get from all this but there will also be a thing which you may not be noticing....growing need for Cash to sustain this growth. You may get succeed as there are many VC's in the market who are willing to en-cash the superb business idea and adopt your baby (your company). But what if later one day you get forced by the same VC to depart and leave you own baby ? That exactly what happened with Alok Kejriwal, founder, Mobile2win, who recently talked about the 'toughest decision' in his life.