Some big exits in start-up space

Once the founder is out, the company can’t stand independently

redbus ibibo

Phanindra Sama, founder, left after Ibibo.com bought the firm. Sama’s leadership was different, hands-off, while the Ibibo’s wanted to run it in a different way, as a part of a larger entity.

housing.com propTiger

Rahul Yadav, co-founder, was ousted by board and investors. Yadav wrote a letter to the media making fun of a rumoured acquisition of Housing, which didn’t go down well with the investors.

jabong myntra

Pravin Sinha and co-founders left after Rocket Internet took control. Sinha ran Jabong as a single entity, but the investor wanted it to be a part of a global entity, called Global Fashion Group.

FashionAndYou Pearl Uppal, co-founder and CEO quit in 2012. Uppal was responsible for the rise of the firm, but in 2012, there were rumours of Amazon entering India, which changed the market. DealsAndYou

Gaurav Kachru, co-founder and CEO, quit soon after Ryan Valles became CEO. Kachru left soon after he was replaced by another CEO, and was made the head of development and strategy.

TaxiForSure Ola

Raghunandan G, co-founder quit after Ola took over management. After the Uber rape incident in Delhi, TaxiForSure was unable to raise the capital, and have to eventually sell it.

Bazee.com ebay

Avnish Bajaj, co-founder, left after the company got acquired. Bajaj continued as the CEO of Ebay India for a while, and later quit on personal grounds