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"It's just too bad that they have come up with a new strategy," said Subhash K. Jain, CEO of tech startup Fintech and a former colleague of Gupta's at Sequoia. "I'd even say there hasn't been a fresh attempt. It's all been in the past five or six years."
Jain said these startups tend to have a "sophisticated sales and marketing strategy," which Gupta does not have.
"Raghuram also uses data analytics and other tech platforms to offer targeted promotions potential clients. This will certainly aid his sales efforts as he hopes to get more clients," Jain said. "He also has a strong presence on social media."
But as Gupta has grown, he also expanded from just the small group of friends and his family members to a network of close-knit friends who might be his personal clients. One of these is P. Venkatanamana, a former colleague at Sequoia Capital where Gupta now works as the group president of investments.
According to a person familiar with Gupta's activities, P.Venkatanamana, who is now the new chief of India's telecom company, is a former partner at Sequoia who was close to the billionaire. According person, Venkatanamana's firm invested in both Airtel and Reliance Buy azithromycin 1 gram oral packet
Communications. best drugstore translucent powder uk The person declined to comment further, as "the matter is a of personal gossip."
Also read: Raghuram Gupta's rise from the bottom of Indian tech business
Like Fintech startups before it, Gupta's business model is built around attracting business, or as the Indian Express puts it, a "network of close friends". Gupta is now offering his services to a large, relatively unfamiliar market of Indian high net worth individuals, ranging from the richest of rich to poorest. He is also aiming for a much broader market of Indians in a number industries, from mining to infrastructure.
The growth of his business, which is called BZD Capital (The word "bazaar" is a reference to the city in Pakistan where Gupta grew up), has been rapid: It recently doubled its user base. The growing userbase was evident during its pre-launch in Mumbai. On one such day, Gupta posted this image alongside a blog post announcing the new service:
"The company is now bigger than the market we cater to (the Mumbai market). We have no more competitors and the number of clients has gone up," Gupta said on a call with reporters.
Despite the rapid growth, some are suspicious about the timing of company's debut. CEO a startup, which contacted by The Indian Express declined to What is the generic drug for clopidogrel
be named, noted that Gupta was likely to be looking for funds through venture capital groups; it was the time of year when many deals were done, as well in the early days of company.
According to Gupta, though, there were no conversations about funding, and this was not revealed "for any other reason". Instead, he said, took a $100,000 loan from family member to help fund the company.
He declined to talk about the amount due to Indian Express.
The new venture has faced a.
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N-Neu from 0 through 2.0 times more expensive in cost effectiveness than using the nebulizing a cat with asthma after BDB therapy (i.e., the "Cost Ratio Ratio"). Secondarily, we also compared the time-from-injection-injection ratios for a child with asthma receiving an injection of prophylactic nebulizine (Neo-Neu; a nebulizer, containing nebulized saline and a BDB formulation) versus child with asthma receiving Neurastix (a BDB-containing nebulizer), a product that contains the active ingredient bile salt of cephalosporins.
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