Lifetrons Founders Dilemma Build or Sell A Rakesh Gupta Padmini Ramamurthy
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A new product development project with high-growth potential is on its way to completion, and we are preparing a business pitch for investors. It’s an intriguing opportunity that brings in a healthy return, while still keeping us committed to our personal investment in the project. 1. Problem Statement and Brief Description: We are the largest supplier of smartwatches to retailers. In response to the growing demand, we plan to launch a smartwatch that targets a younger customer base. We will market it through online platforms and brick-
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In 2013, the two-time Wimbledon doubles champion turned the world of tennis upside down with her historic upset of the heavily favored Williams sisters at Flushing Meadows. A day after she did that, a local, New Yorker and aspiring tennis pro named Rakesh Gupta was sitting in a crowded coffee shop on East 86th Street and Second Avenue when a young man in a polo shirt introduced himself to Gupta, “Priyam Vignarajah,” he said. Vign
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“In today’s world, where everything is moving in every direction, entrepreneurs, in this context, are at a unique advantage. It’s an exciting time to be a startup and there are many ways you can become a successful entrepreneur. like this In recent times, one of the most popular ways for entrepreneurs to build and grow businesses is by doing a “business sale”. visit our website Here, I will talk about an instance of Lifetrons where founder, Rakesh Gupta decided to sell a startup which he founded 18 years back. While
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For more than 15 years, I have been the founder of Lifetrons a venture that has helped over 2 million people globally. After I found a gap in the market and launched this company, I was successful. I sold 10 million units in three years. But at present, I have decided to sell the entire business because my daughter will not grow up in the family business environment. Soon I will be 65 and my son is not interested in working with me. The children are a big part of our family and we have to
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Lifetrons, an industry leader in medical devices and consumer healthcare products, has been a pioneer in the medical equipment and consumer healthcare industry. Lifetrons Founders Dilemma Build or Sell A Rakesh Gupta Padmini Ramamurthy — Section 1: Founders Dilemma Lifetrons’ Founders, Mr. Ketan Thakkar and Mrs. Vrushali Vyas-Thakkar, faced a critical dilemma when they
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The following is a case study from my personal experience and honest opinion. Lifetrons Founders Dilemma Build or Sell: A Rakesh Gupta and Padmini Ramamurthy Lifetrons is one of India’s fastest growing health care company with a business model of “sell, don’t buy”. Lifetrons provides healthcare products through a direct-to-consumer model. The company has 350 million members with a value chain comprising manufacturing, distribution, logistics, customer service