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Here’s Why ‘Exit Mentality’ Is Becoming Popular With Startup Founders

Source | www.marketingmind.in | Shubham Sachdeva

Indian startup ecosystem is experiencing an interesting scenario. At a time when foreign investors have started to show more money, founders are following the exit policy.

Abhijit Bose will join WhatsApp as its first India head, after an unexpected reversal from an entrepreneur to a professional. Bose had cofounded Ezetap, a payments solutions firm.

Ashish Kashyap is all set to start his next venture, INDWealth, a fintech venture that has already raised $30 million from Steadview Capital. Kashyap had sold travel booking firm Ibibo Group to MakeMyTrip (MMT) in 2017.

 

We all know what happened with Flipkart’s Binny Bansal and Sachin Bansal after Walmart acquired Flipkart. Both are ready with new plans to conquer the startup industry. Kunal Shah is also back in the startup arena with financial service giver Cred three years after exiting from FreeCharge.

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