Fireside expects consumer brands to reach ₹100 crore revenue within five years
Kanwaljit Singh · What is Founder DNA? Exaplains MamaEarth, Boat, Licious Investor, Kanwaljit Singh, Fireside Ventures · Sep 19, 2019 · at 24:33
Kanwaljit Singh, Managing Partner at Fireside Ventures, outlines his firm's rule-of-thumb growth trajectory and revenue milestones for early-stage Indian consumer startups.
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“As a thumb rule, we believe that we can participate in a company which comes in at say five to 10 crores of revenue and help them achieve a hundred crore revenue in about five years. So that's our thumb rule norm that we are following now. And typically you can probably cross 50 crores in about three years timeframe.”
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