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VIJAY PANJWANI

Learning is a key to...ย โ€ขย 5m

Increasing Value doesn't mean a company is profitable. Mensa Brandsโ€™ losses went up from Rs 88 crore in FY22 to Rs 214 crore in FY23, or a 143 percent. Burning investors money is really bad practice. Actually in startups like this initial investors get a very good exit then the remaining investors get stuck. Remaining investors get excited when the company goes for an IPO. After IPO the founder started feeling the heat of public investment. Either that company will become profitable like Zommato or they collapse.

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