Stealth • 2m
We are already in process to back one of the Eximp Company, But when we due diligenced them. We got to know that, They done more than 50 lakhs+ in Revenue with their Initial Exports. When we deep dived about the Profits, They are in 0. You may ask why?? Because the 2 buyer payments have been delaying more than 7 months till now. VC Business itself is Illiquid & How any VC can Invest their Illiquidity into another Illiquidity?? So, The problem lies with the cross-border payments & also with financing first time Eximp'ers too
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