Distress deal: when a startup is sold quickly and at a lower price because it's in financial trouble.
Here,
A loss-making company tries to escape bankruptcy by selling itself and buying company benefits from a very low valuation purchase.
Meet India’s Youngest Self-Made Entrepreneurs – Breaking Barriers & Building Empires! 🚀
🔥 These young visionaries are redefining success and proving age is just a number!
Here's the lineup from the Hurun India list:
1️⃣ Kaivalya Vohra (21) – Ze
India’s new age listed companies valuation crossed $100 Billion.
Total listed valuation: $65 billion
Current valuation: $100.5 billion
Out of which we got 4 decacorns
Zomato, Paytm, infoedge(listed in 2006), makemytrip
Har 6 mahine paise raise karta tha 💀In Total Raised somewhere around 4000+ cr., appeared on 1)rodies
2) shark tank
3) 100+ influencer collabs
4) wrote a book
0 replies5 likes
Anil Baviskar
Stealth • 1m
I want funding of 1 cr to open 100 cloud kitchen in mumbai only for pure vegetarian custmer
Is 100 cr enough at early stage to start a company like Zomato. If no thn how much money needed to start a company like Zomato and where can we use of that money.
9 replies6 likes
Uttkarsh Singh
Stealth • 9m
Going into Shark Tank India can change entrepreneurs life and no matter if someone gets a deal or not in the tank they will surely get it from outside.
2 replies8 likes
Uttkarsh Singh
Stealth • 9m
Going into Shark Tank India can change entrepreneurs life and no matter if someone gets a deal or not in the tank they will surely get it from outside.
Sharechat spent 4000 Cr+ to earn 533cr in rev. What is their future? Have heard from sources that the company is majorly cash-strapped and might go bust in less than two years unless they get acquired or raised at a seriously lower valuation.
