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Business Today India
|June 22, 2025
What was the problem you were facing?
Our Series B investment thesis failed miserably, leaving us in debt. We were in a not-so-ideal position of having to court new investors with virtually no leverage. This problem was the result of different factors: we had underestimated the underlying risks, there was a minefield of escalating tensions between investors and management, and several seemingly concrete deals fell through at the eleventh hour. The challenge was to find the ideal way to convey this dire situation to prospective investors.
This story is from the June 22, 2025 edition of Business Today India.
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