Moneycontrol had reported in March 2024 that Verlinvest - the largest external shareholder in Epigamia – has been looking to sell a part of its stake in the company backed by Danone and Bollywood actress Deepika Padukone.
Radhika Gupta, Managing Director and CEO of Edelweiss Mutual Fund, expressed profound sorrow over the incident, highlighting the growing trend of stress-related deaths among professionals in their 40s and 50s. Reflecting on the tragic news, she wrote, "It is heartbreaking to see stories of so many folks I know losing their lives in their 40s and 50s to heart attacks and stress-related ailments.
With Mirchandani’s untimely demise, venture capitalists recall how he helped shape them as investors and other prominent startup founders urged entrepreneurs to prioritise their health.
"Rohan’s vision and values will continue to guide us as we work together to honor the foundation he built and ensure that his dream continues to flourish," a company spokesperson said.
Alongside regular funding benefits, marketing heads suggest how celebrity involvement sometimes pushes the overall valuation of the brand. But there's also a downside.
Rohan Mirchandani talks about growth and challenges during the lockdown.
The investment will be used by the firm to expand into new products and enter new cities
The French dairy maker might have failed through joint ventures, and on its own. But its attempt as a venture investor may actually pay off.