“Raising money at high valuations makes you try to live up to that valuation from the next day onwards. We were celebrated, but that mistake cost us a lot of sleepless nights,” Neeraj Kakkar said.
In the week starting August 19, a total of $367 million was raised in investment deals. Here’s a roundup of the key deals made in the week gone by
For a firm like ITC, a premium juice brand matches its stated objective to build a diversified FMCG portfolio and reduce its dependence on the cigarette business.
Raw Pressery is best known for its cold-pressed natural sugarcane, orange and grape juices, among others. Industry insiders say its target market is too niche to build a large independent company and that too by raising large amounts of venture capital.
The current correction in India's startup ecosystem has been caused due to indiscriminate hiring which created a fixed cost problem for startups
Storyboard showcases A] Sibling rivalry is a passé. It is time to speak about brotherhood amongst competitors as two rivals Royal Enfield and Bajaj Avenger ride along next to each other; B] Siemens emphasizes on Ingenuity for life; and C] Paper Boat launches their first ever 3D animated short film Hope, the Boat.
CNBC-TV18's Ronojoy Banerjee spoke to Shailesh Rao, the Vice-President of Twitter where he sounded bullish about the India story. Rao said that India is the fastest growing market in Asia for Twitter.
This week on Storyboard Nestle India‘s MD Suresh Narayanan talks about the marketing and the communication challenges faced by Maggi.