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Look Ma, no home

The mystery of IndiaHomes

It started with chatter of a funding round. Then, exclusive news of a merger. Soon after, rumours of an acquisition surfaced. And then, just like that, it all went quiet. And somehow, this question never came up: What happened at IndiaHomes?

Put yourself in this man’s shoes. This man, writing an email. To his employer.   

Subject: Resignation

Dear Samar

As discussed over the last so many days with Board and Investors, due to lack of funds to run a viable operation the situation is becoming extremely volatile and unmanageable in the organisation. With no clarity emerging on fresh funding we are neither able to pay old liabilities (Stat dues/ Employee dues / Market related dues) nor are we able to invest in any initiatives for growing the business. As a result…

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