I will get the ball rolling: heard that Kunal Shah invests as less as INR 50K in return for good % of equity, by saying that using his name in media will give the startup enough value in itself (can't deny tbh).
What have you heard/seen around the circuit?
Last I have heard, he used to invest 20 lacs token amount if he was impressed by your pitch. That too without much due diligence, he used to bet on founders rather than the product. This 50k thing is the first time I am hearing it.
Heard the same from multiple folks who got him as an Angel investor.
Could be 50k USD since most investments in India are negotiated in dollars
The least he does is 5 lakh and he does it as per the round size so not taking any extra or special equity
From someone in their tech team, got to know very curious insights.
CrickPe is built on Solidity smart contracts that automatically enforce performance bonuses for cricketers.
However, the underlying logic is enforced on an ELO based...
Has anyone worked with this startup?
Heard it's air pollution product doesn't work but it passed IIT tests. My brothers' salaries are not paid, and their founder is more interested in discipline and OKR vs. sales. He pays nepo kids and...
Kya dikat hai bhai, udane do paisa. Tumhare thodi hai.
Good firms genuinely perform well and return money. The ecosystem is not forgiving -- you don't survive very long if you don't create any big wins. It's an extremely high stress ...
VCs kill many startups with unrealistic targets that the main problem. Not every business is designed to give ultra q...
