During FY23, the Peak XV Partners-backed CarDekho ceased its retail used-car sales business and consumer-to-business (C2B) vertical citing unviable unit economics.
Girnar Software Pvt. Ltd, which runs automobile marketplace CarDekho, scaled its operations past Rs 2,000 crore in the last financial year (FY), despite shutting down ..
One user commended Mittal, stating, "You are an Entrepreneur, that s why. Tell me, if you are an employee in Infosys or any other company, where the only reason to work is money (even the salaries are like those offered by Infosys), then?" Anupam Mittal responded to the query, emphasising his unwavering dedication to hard work. He shared, "I was an employee once but treated my job the same as I do now."
If you haven't already, please study our free Bootstrapping Course and Investor Introductions page. I hope you read my article Bootstrapping to Exit. As a follow-up, here are some more case studies from 2019. From Freshworks Has Acquired Nine Capital Efficient Startups: All the nine acquisitions by Freshworks have been for undisclosed amounts. Cloud-based video collaboration platform 1CLICK, acquired in 2015, was founded in 2012 and had raised an undisclosed seed round from Blume Ventures and The Chennai Angels in 2014.Online social discovery platform Frilp, acquired in 2015, was founded in 2012 and had raised $500K in funding from angel investors, including Freshdesk CEO Girish Mathrubootham in August 2014 and an undisclosed venture round with Microsoft Accelerator. It had over 100K users. App customer support offering Konotor, acquired in 2015, was founded in 2013 and had raised $155,000 in seed capital from Accel Partners, Qualcomm Ventures, and Target Accelerator. Its