Justin Randolph, Ilya Strebulaev
Stanford Graduate School of Business (E482C-PDF-ENG)
October 29, 2013
The case portrays protagonist Vineet Rai, managing partner of Aavishkaar Venture Management Services (an early-stage Indian venture capital firm with a focus on underserved rural regions and sectors) while discussing a follow-up investment in a portfolio company, Milk Mantra. The case provides an update on Aavishkaar’s previous fundraising efforts (Case B update) and then provides an overview of what has happened at Milk Mantra since Aavishkaar’s first investment (described in Case A). Since the advancements in Milk Mantra are a mixed bag, the case raises the question of whether Aavishkaar is worth increasing his investment and Milk Mantra footprint.
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