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2h ago

Mumbai Founder Who Declined ₹40 Lakh Job Reports Thin Profits and Heavy Debt

In a Reddit post, the 31-year-old describes fast early revenue followed by scaling setbacks that left him cash‑strapped.

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The user said that despite the progress, his personal finances remain strained.

Overview

  • The entrepreneur left a ₹40 LPA offer about 2.5 years ago to launch an operations-heavy service venture in a conventional space.
  • The company hit ₹5 crore turnover in six months and set a ₹50 crore goal, yet growth slowed as scaling operations proved difficult.
  • Annual revenue is about ₹6 crore with PAT improving from roughly −7% to roughly 3–4%, indicating a modest return to profitability.
  • The business raised around ₹1 crore largely as debt and still owes over ₹1 crore, leading to heavy EMIs and ongoing cash pressure.
  • The founder pays himself about ₹1 lakh a month in Mumbai, has taken personal loans, and turned to Reddit where users urged clearer personal–business boundaries, operational focus, potential equity funding, and mentorship.