Cant raise VC fund even having 100CR ARR and PAT positive.
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I really dont know what more solid foundation to make to raise funds
Have a b2b logistics tech startup having 100 CR ARR (8 crore monthly revenue), 70 team size, so far bootstrapped and being PAT positive from day one.
Such is an an Indian VC ecosystem where they want loss making startups and ask us stupid questions like if you have profit why need money as you will not raise more to give exit. They even wanted to satisfy their projections for being loss making and super inflated numbers.
They dont give a damn about helping founders as they say in social media.
They give you SSA and SHA so nasty practically robbing you from your company 'legallly'.
Most of them are just legal scammers it seems. And not many have balls to actually invest in something new
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