From $4.5M for 49% to $700M In The Bank at IPO: Sanjeev & Yashish On 17 Years Of Policybazaar
From idea to IPO and beyond.
What does it take to back a company for nearly two decades?
There are no written rules to navigate one of the most important relationships in a startup. One between a founder and an investor.
This episode is an inside look at how one of India’s longest founder-investor relationships was built and tested, between Yashish Dahiya (Policybazaar) and Sanjeev Bikhchandani (Info Edge).
In 2008, a ₹20 crore cheque was signed for 49 percent of the company, based solely on a powerpoint idea.
What followed were regulatory challenges, shifting business models, new investors…
The skinny
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