The CEO of Getit Infomediary Ltd, Sidharth Gupta had just established a term sheet from Helion Venture Associates (Helion), one of India's autonomous venture capital businesses, contributing to invest Rs 200 million in return for an equity stake in the company.
Of transforming Getit from a regional print business into an electronic company with comprehensive geographical reach, his vision was within grasp. Yet, Gupta had to act fast; Helion's term sheet would expire in a fortnight if unexecuted. Bank finance and commerce credit had tided Getit through tough times in the past, and Getit had a Rs 250 million bank line to draw on. Should he take the venture capital investment? And if so, consequences would this have for him and for his family business personally?
PUBLICATION DATE: May 01, 2013 PRODUCT #: 813178-PDF-ENG
This is just an excerpt. This case is about INNOVATION & ENTREPRENEURSHIP