Arun Kumar
๐ค SpeakerAppearances Over Time
Podcast Appearances
I think 240, I would say, but I don't have exact number, but 240 signed up on that particular conference.
First, initially bootstrapped, a quarter million invested by me and other co-founder.
And then we raised 2.3 million so far, but my seed round is $3 million.
And we'll be closing $3 million in the next few months.
You mean like when I received the last investment in the seed round?
Yeah, I received last week.
I'm not closed as of, it is a $3 million seed round.
I've not closed yet.
I've received a 2.3 so far and I'll be receiving 700,000 in next few months and close the 3 million seed round in next two months.
I'm diluting 20% of my company for the 3 million bucks.
For me, yes.
Why do you say that?
Because we did an intense study on valuation.
And we also hired a consultant from California who is a very strong M&A expert.
And we got an opinion from him as well.
And he says, I don't know if this is fair valuation.
I know that.
And I have very close association with VC firm as well and M&A also.
And I took advice from everybody.
This is, you know, we compared with other product and this valuation is based on the stickiness.