CNBC
Entrepreneurs should raise capital when it is available and not when it is required. “You want the confidence that you can run your business for the next 12 months at least. You’d be able to give that confidence to your employees… Make sure that you run the business frugally, have enough cash for the next 12 to 18 months, don’t wait till the last minute to raise the next round, in fact if the times are good and even if you have money, go and raise the next round”, says Kris Gopalakrishnan, Co-founder & former CEO of Infosys, and now Partner at Axilor Ventures.
In this segment on funding, CNBC India also spoke with Shashank ND, Co-Founder & CEO of Practo; Girish Mathrubootham, Founder & CEO of Freshdesk; and James Tan, Managing Partner of Quest Ventures.
