Letsbuy founder, Hitesh Dhingra spoke at length about his entrepreneurial journey at UnPluggd event.
– Started with INR 10 lakhs of capital.
– Post 6 months, monthly burn increased to 2-3 lakhs/month.
– Not everyone in startup can take up the pressure of financial crunch, so a few senior people left. Management trainees rose to the occasion and things eventually started shaping up.
– Mother offered to sell a portion of house for INR 50Lakhs.
Watch the entire video. A must watch for entrepreneurs out there.