Apart from getting a global backing, the start-up that is bought out gets financial benefits as acqui-hiring serves as a good alternative for liquidation. “Investors benefit from such exits. There are teams who develop new products/technologies and an acqui-hire enables them to cash out over a period of time and move on to their next big idea. This is particularly common among tech founders,” says Sushanto Mitra, CEO of Lead Angels, an angel network.
Ghost Kitchens secures $5M Series A funding led by Gujarat’s GVFL
Read more at: https://yourstory.com/2024/02/ghost-kitchens-series-a-funding-gvfl-investment-expansion-cloud The cloud kitchens operator will use the funding to set up highstreet restaurants of its top brands, including SpeakBurgers by Chef Vicky