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A Rs 100-Crore Revenue FMCG Company On Sale For Rs 5 Lakh
In an age of unicorns, the story of Global Consumer Products Pvt. unravels like a Greek tragedy.
20 Sep 2021, 10:59 AM IST
Not long ago, it was one of the most promising consumer goods startups. Today, its LinkedIn profile throws up an Error 403–Forbidden—an apt description of its current state of affairs.Why is this company with a gross annual revenue of over Rs 100 crore in the last three years on sale for as little as Rs 5 lakh? The search for an answer to that question has thrown up a peculiar business story. Of an ousted founder-entrepreneur, an amb...
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