Jayant Mundhra (Biz News+)
January 24, 2025 at 01:20 PM
*I have received many messages ever since Hindustan Unilever acquired Minimalist for ~Rs 3k crore valuation.* And Everstone Capital acquiring bootstrapped Wingify for $200mn yday has only brought in more such messages. What messages? _“Why haven’t you covered these deals in the group?”_ .. *Well, here is the reason:* I have nothing more to add to what’s already well-reported in public. As impressive as these developments are for the Indian startup ecosystem, I don’t have any fresh perspective or value-adding insight to share beyond what is widely publicised in the media. If my content doesn’t add to what my audience already knows, I would better spend my time on other things where I have value to offer. .. *Rest, I do have one take for sure.* What’s that? Well, some people get super busy dialling and pinging such founders when the news of their big exit becomes public. *Who are these people?* 1> VCs, wealth managers and bankers who want to have a piece of the exit money handled by them 2> Startup founders looking for angel investors who try to pitch for a meeting in the guise of a congratulatory message 3> Podcasters and media people who now want to interview the founder And this has been confirmed by Wingify’s founder Paras Chopra, whose $200mn exit became public yday 😅 .. *Support my work:* https://t.ly/SUPPORTjay *Check my work with:* - 3.1k+ on Decoding The Dragon (https://t.ly/chnwj) - 2.7k+ on Deepdives with Jay (https://t.ly/dwj) - 2.2k+ on BharatNama (https://t.ly/bwj) Best, Jayant Shilanjan Mundhra
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