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For UpGrad’s Mayank Kumar, public capital is better than a private chase

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For UpGrad’s Mayank Kumar, public capital is better than a private chase

Mayank Kumar, managing director of edtech platform UpGrad, advises startups to constantly evolve their product to achieve product-market fit. In a podcast interview, he emphasized the importance of persistence in a founder's journey and shared his own experience of breaking away from family expectations to start his own business. Kumar explained how his passion for education led to the founding of UpGrad and the decision to focus on higher education and upskilling. He also discussed the challenges of accessing capital and the need to constantly innovate in order to maintain product-market fit. Kumar revealed that UpGrad is considering an IPO in the next two years, noting that public capital is currently a favorable option in India's entrepreneurial ecosystem.

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