If the venture is losing the No. 1 slot, it’s time to exit: Sunil Goyal1 min read 13 Aug 2018, 11:27 PM IST
We look back and realise that while we knew the market potential and had also experienced the unit economics, we simply missed the bus
We were the ‘pre-Series A’ investors in BookMyCab since June 2012. BookMyCab had a call-taxi licence in Mumbai for a period of five years to enable the conventional black and yellow taxis into serving as call-taxis. It rapidly grew to 2,000 connected taxis with its revenue increasing at over 10% month-on-month.
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