A few weeks back Tata Group company Titan’s craze in the headlines of stock news was incredible. The reason behind that is Titan bought a 27% stake in Caratlane. We all know the Titan for its strategic investing since 2016.
For an Indian consumer internet entrepreneur is rare for a cash exit when the border industry is struggling for their fundamental rights and when all of a sudden funding from risk investors has fallen.
This creates the biggest question Who are the role models for young rookie entrepreneurs in India these days?
The first that comes to mind from the e-commerce sector is Flipkart by Sachin and Binny Bansal. These two are the biggest inspirations for the students of the Indian Institute of Technology.
But nowadays there are many startups that grow their business without fanfare. Back then great founders did not get much funds from investors because investors were chasing the traditional pattern.
Founders like Mithun Sacheti of CaratLane, who have emerged over the past decades show that they are not afraid of breaking the old rule and making a new path. They inspire the new entrepreneurs how build a startup from scratch in the garage and later raise billions of dollars.
News Source:https://shorturl.at/ijkrL
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