India card to justify anything/everything
The problem with such founders is - They will try to play “Indian brand” card as reasoning for over-priced IPO but the majority of issue was secondary sale. A minor part will go into the “so-called” Indian brand and it’s expansion.
There is nothing wrong in what she said. She didn't justify the stock price nor she said anything about market.
It's you who shit your pants when anyone proudly makes it in India.
Inko lagta hai indian made bole ke deskbhakti ne naam pe chut1y@ kaat do Indians ka. Which is exactly the opposite of deshbhakti. 2ndly mama Earth is not a high end comestics brand which uses organic handcrafted methodology which would appeal to outsiders as exotic. Foreign me (especially developed) countries me people spend on far better quality good and regulations are also stricter. Doubt they will succeed there.
India laga keh they try to shove shit down our throats like Patanjali. Or Boat.... just sell Chinese shit repackaged as an Indian brand.