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satyam

Explore Nearby • 1y

Is anyone interested in my travel startup, we require 54L as investment for 15% of the equity and I guarantee that we will be bigger than any OTA in the world. It's Explore Nearby - helping travellers and Explorers to find the best places to visit

Anonymous 3

Hey I am on Medial • 1y

58L for 15% is quite specific yaar. How did you come up with this much need against equity?

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Replies (1)

satyam

Explore Nearby • 1y

We arrived at ₹58L for 15% equity after carefully calculating our annual expenses and estimating the minimum revenue we can generate, even on the conservative side. This ensures that the capital we raise will sufficiently support our growth while also protecting the interests of our investors. Moreover, we’re flexible in terms of structuring the investment. If investors prefer, we can offer convertible debentures instead, with the potential to repay them within a year, based on the revenue generated. This way, it ensures both security for the investor and the growth of the business.

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