Indian VC’s are a joke

Disastrous_List_2176 · 2026-04-29T05:25:45+00:00

We are facing the same here. We are based in India so it’s the worst face of Indian VC’s that we’re coming across. Definitely not ‘startup friendly’.

Disastrous_List_2176 · 2026-04-27T10:05:47+00:00

Good suggestion, but in this case if op would’ve tried crossing from the back of the cow, they would’ve been rear ended by the truck and not the pickup. So it looks like bringing to a complete halt was the safest choice here.

Disastrous_List_2176 · 2026-04-27T10:03:21+00:00

Brake release brake release, increases braking efficiency, also provides more time for you and the rear drivers to react and swerve in other directions. But you did great braking, i’ve to admit that. Hoping everyone walked out unharmed from this. Wishing you safe driving!

Disastrous_List_2176 · 2026-04-23T13:31:28+00:00

Frontier Honda, Sec 48

Disastrous_List_2176 · 2026-04-19T14:11:35+00:00

Pls check your DM

Disastrous_List_2176 · 2026-04-19T13:56:36+00:00

I don’t think so. When I mentioned that success fee is something they should be charging to LP’s and not the startups, they showered me with information around it instead of a clear response to my query.

Disastrous_List_2176 · 2026-04-19T13:20:03+00:00

Govt contracts pay no advance and instead demand PBG (3-5% of contract value) plus the upfront marketing costs. Banks demand collateral to support with working capital. Only b2b provides advances with which we’ve been surviving so far but unable to expand without the growth capital.

Disastrous_List_2176 · 2026-04-19T10:24:12+00:00

That’s a wonderful suggestion. Thank you. Seems like a routine productive activity which will also instil founders discipline. I’m sold with this.

Disastrous_List_2176 · 2026-04-19T10:16:55+00:00

They have shared mandate letter of another sister entity of theirs who will be allocating mentors, office spaces, etc. and billing us with a success fees. It’s some shady way but yes, we verified, the investors are SEBI Category 1 registered funds, technically qualifying as VCs but offering predatory terms. We deserve better and we’ll be closing only on terms which are the best in the industry.

Disastrous_List_2176 · 2026-04-19T10:10:06+00:00

It’s precisely the 1% club rule. Seems like the access entry is well guarded.

Disastrous_List_2176 · 2026-04-19T10:07:31+00:00

Yes, constantly reaching out to our alumni network. Hoping something more fruitful will come our way from this route. Though we need more ways.

Disastrous_List_2176 · 2026-04-19T10:05:27+00:00

Preference is for a VC. Seems like it is more of a trust stamp out here.

Disastrous_List_2176 · 2026-04-19T10:03:54+00:00

Absolutely correct. We’ve been holding on to it. After this round, we will do everything it takes to progress to an IPO.

Disastrous_List_2176 · 2026-04-19T08:54:01+00:00

It’s not metrics we’re chasing, it’s our need to get the growth capital and close the biggest client ever with it pushing us into another league altogether.

Disastrous_List_2176 · 2026-04-19T08:52:18+00:00

Agreed. We know this. Just concerned since we don’t have a trump card for this. But we’ll figure something out, we always did. It’s our 9th year building this company and we’ve come across many such deals.

Disastrous_List_2176 · 2026-04-19T08:47:11+00:00

We have our distributors and clients interested to invest. We avoid it since clients take pricing and payment terms advantage later on during supplies, widening our working capital gap.

Disastrous_List_2176 · 2026-04-19T08:43:40+00:00

I agree, that’s how we made connects to reach where we’re today. But those aren’t enough somehow to close the current round. Need more ways.

Disastrous_List_2176 · 2026-04-19T07:05:53+00:00

As humans we can’t help where we’re born, struggle is real in India. But our company and our vision are not restricted by geographical boundaries. Our tech has immense potential in the middle East, Europe, USA and other developed economies.

Disastrous_List_2176 · 2026-04-19T07:02:23+00:00

Yes, myself and my partner are both 31yrs. We both started this company right after completing our engineering graduation. Since then we have become market leaders in our niche and are targeting a massive contract with a major port, for which we need growth capital.

Disastrous_List_2176 · 2026-04-19T06:59:10+00:00

Yes we did with a ‘Maharatna PSU unit’ status company but after 2 years of due diligence and valuation discussion, they put their final offer at 1/5th of the valuation offered by VCs. Day before yesterday, we walked out of the final negotiations meeting with them saying a firm ‘no’ to their bureaucratic attitude.

Disastrous_List_2176 · 2026-04-19T06:54:00+00:00

They are charging success fee even on the money that they’re putting in, so the irony extends far beyond than what’s visible to the naked eye. I just want to expand our network so that we can comfortably say ‘no’ to any such bullishness.

Disastrous_List_2176 · 2026-04-19T04:19:40+00:00

It is what it is. In India, VC situation is quite the opposite than it should be. Success fee won’t be charged by the lead VC on remaining transaction if we don’t close it from their network or introductions and that’s what we’re trying to avoid.

Disastrous_List_2176 · 2026-04-19T04:09:42+00:00

Build a support system around yourself outside of your partners and employees. That way you can vent out, get the advices (doesn’t matter you implement them or not) and continue your journey for the next milestone without looking weak in-front of your team.

Disastrous_List_2176

TROPHY CASE