Drawing on over a decade of early-stage investing experience, Karthik breaks down how mergers and acquisitions actually happen — from acquihires and $10–20M outcomes to rare $100M+ deals. He also shares what tends to drive each type of exit and how investors and founders should think about timelines, acquirer intent, and cap table implications.
In this episode:
What M&A exits in India typically look like
Why most outcomes are under $50M
What drives suboptimal vs. high-multiple exits
Examples: Runnr-Zomato, ZipDial-Twitter, Mettl-Mercer
What separates a 2x return from a 20x outcome
This is the first video in a multi-part series on Indian startup exits — covering M&A, secondaries, and IPOs from a fund manager’s perspective.