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Open, Honest Chat Must To Fix Governance Issues: Ankur Capital

Inc42Inc42 · 9m
Open, Honest Chat Must To Fix Governance Issues: Ankur Capital

Investment director at Ankur Capital, Shiv Shanker, emphasises the need for open and honest communication between founders and investors to tackle corporate governance issues at Indian startups. He urges early-stage founders to disclose critical governance-related issues to their investors, while also advising investors to be rational and supportive rather than resorting to heavy-handed measures. Shanker suggests a more structured approach for investors, including dynamic strategy meetings and prompt communication, to ensure startups find their footing and adhere to defined key performance indicators. The tightening of purse strings and increased scrutiny by investors are responses to recent governance issues that have eroded trust in startups.

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