Paradyes deal was going so good till 800 crore bit

KabutarHoled20 thumbnail
Posted: 1 years ago

I felt the moment Yushika & her husband said that the raw chemicals are supplied by her brother for their company from a well-established company at a valuation of 800 crore INR, thats where I felt things got fishier. Plus the back-and-forth change over equity felt more like a cat fight. Company needs to focus strategically & digitally a lot where I felt focus was lacking, especially watching that IG video/ad that they were presenting, it felt mehh. Their live presentation was far better than the video presented. This kinda made me felt that  Paradyes people wanted to sell their business because the valuation of 65 crore INR was dubious ask. 25-50 lakhs would've sounded more logical tbh.