Communication key in the public markets

Founders of public companies must be thick-skinned to be able to overcome various hurdles that might come in the way of running a successful venture, said Aloke Bajpai, chairman, MD and group CEO of online travel booking platform ixigo.

- Sowmya Ramasubramanian

"When it comes to (decisions like an) M&A, communication is very important. The company should be able to convey why a decision was taken. But there will always be some people who do not understand it. You have to be willing to be misunderstood for a very long time," Bajpai said during a panel discussion at Mint's India Investment Summit on Saturday.

"If you are building for the long-term, some short-term decisions may not be understood by the public," he said.

Nitish Mittersain, chief executive and joint managing director of gaming and esports platform Nazara Technologies Ltd, said a company's management must trust its own as well as its board's conviction on any decision with a medium to long-term approach.