Shanti Mohan’s LetsVenture shivers in startup funding winter

An unexpected proposal for a change in old contracts has thrown off the investors of LetsVenture. Conflict is brewing.

The funding winter seems to have hit Shanti Mohan’s LetsVenture hard. Founded in 2013, the online platform—which connects early-stage startups with potential investors—did manage to hold its own all these years. But in October last year, talks for an acquisition by fintech company StrideOne fell through at the due diligence stage (we wrote about it at the time). CEO and co-founder Mohan, had however, denied the acquisition plan. 

For some time now, the platform has also been struggling with leadership issues, high attrition levels and investors’ concerns about the multiple conflicts of interest in its “syndicate” model (the set-up allows …


Anuj Suvarna

Anuj covered all things startups and venture capital at The Morning Context. Previously, he worked at VCCircle, where he covered healthcare and private equity. Anuj studied mass communication at the Manipal Institute of Communication and before journalism, he operated a bar in Udupi.