A lot of money was spent on building a home-grown social media success story. The only thing that got built was fundraising pitch decks.
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The fund seems convinced that technology-led businesses in India are overvalued and not good for making big exits. Instead, what is needed to return large sums of capital are investments in mature companies with a proven track record.
Many companies are exploring the business opportunity that synthetic diamonds offer. It sure seems like an easy business to enter, but will everyone manage to scale it?
Startups like LehLah and Wishlink are helping small creators monetise their content. Will this strategy work?