Continuously raising funds, being top-heavy in terms of talent and unable to generate enough revenues to meet costs, these start-ups are spooking investors with their inability to justify their valuation
Apart from Inflexor Ventures, Narendra Kale and Vipul Jain have invested Rs 2.5 crore each, whereas Rakesh Puri and Manju Puri jointly invested Rs 1 crore in the company