Back to feeds

Jayant Mundhra

 • 

Dexter Capital Advisors • 1d

Krvvy was my first angel investment. This was back in April ’24 at pre-revenue stage 😅😅 And days ago, the lingerie company announced a fantastic Rs 6.1 crore fundraising from marquee names like Shark Kunal Bahl and Rohit Bansal of Titan Capital, All In Capital, Emmanuel, Nikita and more. Thus, I finally decided to share how I got the opportunity and how I evaluated it. .. See, I did not know the founder - Yash. But, I share brotherly vibes with Emmanuel, who knew him well and was investing himself. He asked if I could help him evaluate the opportunity and shared that he could also get me an allocation in the round if I wanted it. .. But, I knew nothing about the women’s innerwear space. Thus, I put out in my WhatsApp community, which had ~18k members (now 27k+), that I was looking to speak to founders and senior folks in the innerwear market. And the next two days, I got on 10 calls, including with two leading founders in men’s innerwear space and two of Lux and Rupa’s biggest distributors 🙌 -> Basis what sentiment I had gathered from them I was already sure that Yash would not be a great fit (I was stupid & wrong) -> Nonetheless, I prepared a long list of questions to fulfil my commitment to Emmanuel, which I grilled Yash on And it was his detailed, grounded answers to those questions that made me build conviction. After that call, I knew I wanted to invest 🙌 .. So, I asked Yash - If I could buy some lingerie samples. He was kind enough to send a set off to my place at no cost at all. And well, my Maa and Ayushi, and two of my friends, they all loved it. And that’s when I committed a small sum (anybody who invests this small should not call themselves an angel). -> But, two days later, I felt, I wanted to do more. So, I pinged Yash, if I could increase my bet by a third -> He was gracious enough to give me the allocation. And that’s how we sealed the deal! 🤝🤝 .. The best part is that it was only 7 months later when I met him in person at his very place. There, I saw how it was not just him, but the entire family was all in. His sister (Anshika), beloved mother, everyone. He had in fact turned a part of his house and the basement of a nearby house into his office and store (in pic). This is from where he scaled the promise he had made to us early investors into a true business which Sharks like Kunal have now backed with full faith. And this is all such a proud and delightful vibe. .. Yash - I did not invest in Krvvy. I invested in you. And I am happy, I got to. I know it was a small sum. But, you know you shall always have a cheerleader in me. Rooting for you 🙌🙌 ..

6 replies28 likes
7
Replies (6)

More like this

Recommendations from Medial

Anonymous
Image Description
Image Description

Man Earning Rs 10,000 A Month Gets Income Tax Notice Of Rs 2 Cr In Bihar 😂 He was asked to deposit Rs 67 lakh within two days . When he went to the IT department office, he was told to go for an appeal 🥹

10 replies23 likes
1
Image Description

vishakha Jangir

 • 

Set2Score • 2m

I recently came across a situation where I was having a session with my client, and I faced an emergency at home. The session was scheduled for 1 hour, but I could only spend 20 minutes. I was in a dilemma about what to say to my client, but I expla

See More
2 replies9 likes
Image Description
Image Description

Vipul Sharma

Stealth • 1m

A man has two names: the one he is born with and the one that he makes for himself

8 replies17 likes
Anonymous
Image Description
Image Description

The founder of KFC was a loser until he was 65, he had no money, he borrowed $87 and started making fried chicken wings. He failed 1,009 times before he was able to sell his first franchise. By the age of 88, he had become a billionaire.

10 replies32 likes
4
Image Description
Image Description

SCOD27 Yash Turkar

Stealth • 9m

I m Yash Turkar currently pursuing B.Tech in Computer Science (2024 batch). As a fresher I am looking for an opportunity to work in. I have key expertise in C++, Frontend Development, MYSQL, Java. Are you open to a quick chat to discuss the position

See More
2 replies6 likes
Image Description
Image Description

Yantric Business

Stealth • 3m

Today on my way doing my field job I was walking and listening to news then I saw the news about RATAN TATA JI passing away it was so sudden I was couldn't react properly he was like a inspiration and a role model for me and everyone I don't know wha

See More
3 replies3 likes
Image Description
Image Description

Ankit Dubey

Stealth • 10m

So, I was on the train feeling stressed, 😥 and there was this uncle I didn't know sitting next to me. He asked why I looked tense.🤔 I said I was going to college but didn't really feel like it. He laughed and asked why it was such a big deal. I

See More
5 replies13 likes
Image Description
Image Description

Piyush

Stealth • 7m

A boy named yash is currently studying in IIM Indore. He has opted for the BBA MBA integrated course duration of which is 5 yrs. He lived in a tier 2 city and went to indore to get exposure to different opportunities because he knew that this wasn't

See More
10 replies12 likes

Asif Sayyad

Stealth • 5m

The Power of Networking How a Simple Message Changed Everything Two months ago, I was just scrolling through this app, reading people's ideas and journeys. That's when I stumbled upon a post that caught my eye. A young entrepreneur from Bangalore

See More
0 replies3 likes
Anonymous
Image Description
Image Description

Guys! PLEASE HELP ME. yesterday I got a paid internship opportunity 🥲, I went through a rigorous interview to get it , and the founder is really sweet and innocent. He was all acceptable and stuff and he was really really excited to work with me ,

See More
19 replies12 likes
3

Download the medial app to read full posts, comements and news.