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02x05 - The Term Sheet

Episode transcripts for the TV show, "TVF Pitchers". Aired: 10 June 2015 – present.*
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Four friends — Naveen Bansal, Jitendra "Jitu" Maheshwari, Yogendra "Yogi" Kumar and Saurabh Mandal — enter the business world by launching their own start-up company.

02x05 - The Term Sheet

Post by bunniefuu »

Go stick it.

Looking at the expenditures, Saurabh,

I think even I will need funding.

What...

Have you thought about a name?

Your sister-in-law thought 'Laado',
and I picked 'Pari'.

Oh God.

Finally, a daughter
after two generations.

Come up with something decent.

'Papa ki Pari.'

Actually, your sister-in-law
came up with both names.

I've to tell everyone
that I came up with one,

so people feel that even
I am in control of things.

Saurabh.

Papa.

Saurabh.

Oh...

God bless you. God bless you.

God bless you.

You couldn't make it
for the delivery, Saurabh.

He would if he gets
any time off from his baby.

You must have heard of OLA, Flipkart.

We order groceries.

Oh yeah...

So he's going to be
the father of them all.

I am telling you,
he's going to be so big,

you'll regret giving your daughter
to the wrong brother.

Will he stay tonight?
Come over for the veneration?

Of course, mom.

He is going to stay tonight,
and leave for Mumbai tomorrow.

But...

I am not asking. I am telling you.

Did you approve of Laado, Pari?

Your mom gives the approvals, son.

Give me a minute.

Hi, Sudhir.

Naveen.

How are you?

I am awesome, man. How about you?

I've been hearing such
good things about you guys.

So,

I wanted to meet earlier,

but I had a major
important deal last week.

- You know how it is, right?
- No.

Of course, that's okay.

- Please, have a seat.
- Yeah.

- So...
- I am glad we're finally meeting.

Yeah, I am too.

So, I was just wondering,
Sudhir, what this is?

I mean... if we discuss our matrix...

No, no. Before that, there
is someone I would like you to meet.

- Sure.
- Just give me a second.

Sure. More the merrier.

Naveen f*cking Pragati Bansal.

How is it going, brother? How are you?

I am good.

Did you tell him?

Naveen, I wanted to tell you before.

But I thought its better
if we met face to face.

I am not sure that you know,

that we are one of the investors
in the series-B round of Alpha1.

Prabhas here speaks highly of you.

So we thought we should
do something together.

Naveen, we've only
met once before today.

But the entire team...

We've met twice, actually.

Really?

I don't remember.

But, brother, my team,

they talk about you constantly.

We at Alpha1

are very inspired by your work.

I know.

On the following day
of Pragati 2.0's launch,

Alpha1 launched all the same features.

I can see your inspiration.

Things happen, man.

Look at Snapchat.

Stories was a huge hit,

and Facebook launched the same feature.

Keeping up is the name
of the game, brother.

When Alpha1 and Pragati join hands,
I think we'll do real wonders.

Join hands as in?

We want to acquire you, Naveen.

Listen, I am a founder as well.

So I understand the
pain of entrepreneurs.

There's always a conflict
of wasting money.

And not everybody is good at it.

Different people have
different strengths.

And yours is at building
something great.

You should focus on that.

And leave the capital
raising stress to me.

Anyway, I am better at it.

That's not true.

Even we... can raise money.

You would if you could.

Naveen...

I know how this sounds.

But Prabhas is right.

He's raised 40 million in B-round,

and you haven't even
closed series-A yet.

Money chases money.

If you don't raise capital on time,

you will be left behind in the race.

Sudhir, I came here because...

I mean...

But I didn't know you had other plans.

It's not like that, Naveen.

I spoke to IC for you.

But even they believe

that Alpha1 is the
winning horse right now.

If you bet your money on number one.

Doesn't make sense to bet
your money on number two again.

Exactly.
Your answer is in your question.

It's a bet, right.

So you can never be sure
about the result of bets.

I mean Alpha1 might be
the winning horse right now.

But are you sure they will
cross the finishing line first?

That's not true.

We have a great team.
We have a great product.

We have a great idea.

I know we've done a great
job in the last few months.

And...

if you support us,
we can do even more wonders.

Come on, man, Naveen.

Let's be real here.

If you were in my position,
and had raised 40 million

from India's three largest investors,

would anyone invest in me?

No, right?

Listen, man, I am giving you a chance?

Cash plus stock exit.

And from what I hear, you need the cash.

Or what is it? One or two weeks.

Your company will shut down.

Think about it, man.

Half the staff from your
office sent us their CVs.

Listen, Naveen.

We'll be signing the
deal with KC Enterprises.

You want to work with them.

So work with them.

Stay ours. We'll work together.

Don't you feel the universe
has conspired to bring us all together?

I mean, I feel it.

I feel it.

You feel it?

Okay, man.
I'll better the offer for you.

You can retain your entire
team and come and work for us.

At a better place,
with better resources.

I thought...

I thought this was...

a pitch to work with you,

not for you.

Actually, I don't know
why I should work for you?

After all, it's our idea, right?

Because we can take your
ideas to a bigger customer base.

That you do.

Because sales and marketing
make up 80% of your workforce.

And 80% of my team in Pragati
works on ideas and innovation.

What idea, Naveen?

Idea this, idea that.

Listen... ideas are
a piece of sh*t, okay.

Have you heard of
Bill Gates or Steve Jobs?

Have you heard of Douglas Engelbart?

Have you?

You didn't.

He's the guy who invented the mouse.

It was his idea.

Apple and Microsoft
made it a household name.

They ex*cuted it.

Ideas are nothing but a commodity.

Execution is the art
that adds value to it.

And we're miles ahead
of you in this field.

We ex*cuted your idea bigger,
better, and faster than you.

So it goes without saying that
we'll cross the finish line before you.

Right?

And that's a fact, man.
It's not even a bet.

Everybody in the valley knows that.

So it's your choice.

Either die with your product,

or live long enough
to see yourself a future.

Think about it.

But according to me,
you don't have time to think.

How much money do you have?

Naveen.

Naveen.

Sorry, I saw you come inside.

I wanted to talk to you.

Yeah, I saw your messages.

No, this is not about equity.
I am sure you'll get that done.

What happened yesterday,

I wanted to say...

DM, I am getting late for a meeting.

Can we talk later, please?

You did the right thing.

Do you have any clue what
a big responsibility you have on?

Not just this company, you
are making this world a better place.

You can't afford to carry so
much extra weight on your shoulders.

Good you put it down.

Good.

Are you talking about Pappi?

Yeah, him too.

There should be no hard feelings, right.

People will come and go.

We just have to keep going on.

As long as we've decent people around,
no one can stop our 'Pragati'.

Just know that...

People will come and go.

I will always be there.

To take Pragati ahead with you.

Thanks.

He's here now.

The uncle.

Everything will be fine now.

He will look after
her if we call her Pragati.

- Saurabh...
- Right, Saurabh?

Saurabh, let's go see
the catering arrangements?

- No.
- Come on.

What happened?

You look lost since morning.

And why didn't the others show up?

I...

told you about Jeetu.

Naveen and Yogi?

Did something happen
again between you two?

Yes.

It's work-related

and also personal.

Look...

I don't know the others too well.

But I know my brother really well.

You can fight against any problem.

We are fighting, brother.

We've been fighting all the time.

I am tired now.

Okay, listen. Look at me.

I know this thing you're doing,

it's very tough.

So you're bound to face problems,

right?

When I used to do business with papa,

remember the problems I had to face.

We used to have so many fights.

He keeps saying about you,

you shouldn't be doing business.

But you, in fact, inspire me.

I think you are a fighter.

Whenever I am in any trouble,
my first thought is.

How would Saurabh have
dealt with this problem?

And look at you.

Okay, listen. Look at me.

Broken backbones can be fixed,

but there's no fix
for shattered courage.

Look at papa.

First, fix your mood.

Since the time you got here...

Cigarette?

- Cigarette?
- No.

Good. Don't ever smoke.

Or you'll have to get every
freakin' fertility test done.

This...

I want this smile out there, okay.

Yeah.

Problems...
You all want sympathy, don't you?

- No.
- You startups.

Naveen sir first slapped Pappi.

And then fired him.

And then... also fired Yogi.

Are you serious? Yogi, too?

That's why he hasn't
been coming to the office.

Guys, what exactly happened?

We don't know what happened exactly.

But something about money.

And bro, no one got slapped.

Mandal sir only cussed them.

And he called Naveen sir f*ck.

No, he called him a moron.

Something to do with f*ck.

I'm f*cking telling you,
he called him a moron.

I said he called him f*ck.

He called him both.

How do you know?

You weren't even there.

But he was.

I hacked into it and
saw all the highlights.

Did Yogi cry as well?

Did he have tears?

One small drop in the left eye.

Guys, please have hope.

We still might have a chance.

Maybe we had a chance.

Naveen had a meeting yesterday.

If we had any chance,
it would have happened by now.

Alpha1 is hiring.

I even sent my CV.

Before we get dumped like garbage,

we should exit respectfully.

Right.

Even though everyone joined
seeing Naveen sir's vision.

And we stayed for Yogi sir.

When he has no respect here,

it's stupid for us to expect it.

What was the point of this Op?

We got reduced to just an option.

And I was asking for equity,

when the company is shutting down.

- Hey...
- Hey...

How are you?

I am fine.

You?

Are you okay?

The thing is...

half the staff isn't
coming to the office.

And those who are...

I mean,

things are very uncertain and

people wanted clarity.

I've spoken to some of them,

but if a founder can tell them...

Okay.

Yeah.

Cool.

- I'll see you.
- Thank you.

Some of you must have
heard the day before yesterday.

And those who weren't here,

must have heard from others.

But

we have funds left for two weeks.

And after that,

we might not be able
to pay your salaries.

So, guys, you'll are free to

make your decision.

Sir...

why weren't we told
about the runaway earlier.

We could have made a decision.

I understand. But...

we thought we'll manage everything.

I am sorry.

Look guys,

Pragati isn't just a product
or a company for me.

It's like my child.

And I will never stop fighting for it.

But I can't expect the same
from you in these conditions.

It's unfair.

If anyone wants to stay back...

I don't want to give false hopes,

but if... anything good comes up.

I will make sure

you won't regret this day.

So...

Sorry, sir.

Not at all.
I understand.

- Thank you so much.
- Thank you.

Sorry, sir.

- Sorry, sir.
- Thank you so much.

Thank you for everything.

I understand.
Thank you so much.

Okay, guys.

Let's get to work.

Yeah...

Yogi, pick up the phone.

Hello, Yogi.

I can see you are online.

Stop this stupidity.

I am not a junior from your college.

If I don't see you
in Powai Lake in an hour,

I will seriously f*ck you up.

[singing in foreign language]

Svetlana.

Is he in the mood to go to school?

Yeah, everything is fine.

Mandal called.

He's asking me to meet.

Are you still upset
because of your friend?

No.

I can see.

[speaking in foreign language]

[speaking in foreign language]

[speaking in foreign language]

[speaking in foreign language]

[speaking in foreign language]

Naveen.

Naveen.

It's an offer for acquisition,
not series-A.

And what did you say?

That I need some...

I mean, we need some time to think.

Then I think we should take this offer.

Meaning we'll work under Mehta.

Meaning?

Do we have an option?

Naveen.

We've been in death
valley for three months.

And now even that
has come to a dead end.

Either we take this
offer and continue to exist.

Or we'll have to shut down.

Yogi, say something.

What can I say?

You guys decide.

Say something.

Some guys at the office still trust us.

We'll deliver some good news.

If we don't take this offer,

we'll have to lay them off.

And I cannot break their trust.

I cannot give them the pink slip.

Can you?

Can you?

Well, even if we do.

We don't have money
to pay them severance.

We collectively made this new product

of Pragati with a belief.

And I think this product, the team,

all of us deserve another chance.

So it's...

- Pragati's defeat.
- That's not what this is, Naveen.

This can be a win-win
partnership as well.

YouTube...

YouTube sold to Google.

WhatsApp and Instagram
were acquired by Facebook,

does that mean they lost?

If some big player
is adopting our product,

it means it will still survive.

Yeah...

Can't we...

wait a little longer?

I mean...

Naveen, you know better

how good offers are
lost because of waiting?

Right, Yogi?

If we can't run it together,
then we should let someone else run it.

Yogi.

"Hold on still and the storm will pass"

"You've come so far, you'll surely last"

"Be the light and show the way"

"Trust your heart, not what they say"

"Just think about how you want to leave"

"If you forget what you came here for"

"Just think about how you want to leave"

"If you forget what you came here for"

"Every time you have fallen down"

"You've picked yourself
up from the ground"

"Never a God came to save your soul;"

"You saved yourself and you did it all"

"The Road is not what you had in mind"

"You kept going on and did your time"

"There will come a time and place"

"You'll realise you've won the race"

"Just think about how you want to leave"

"If you forget what you came here for"

"Just think about how you want to leave"

"If you forget what you came here for"

Is the alarm ringing?

No.

Guard!

Help!

From there. Over there.

What?

Hello.

Anybody there?

f*ck.

We can't sit here together.

I feel like vomiting...

Get some water...

f*ck.

f*ck.

Do deep breathing.

Do deep breathing. They are coming.

They are coming.

What happened?

Mahender, where are you?
Come here.

Give me a minute.

Give me a little...

Little more...

Where were you?

Couldn't find the rod.
I went to get that.

Come, sir.

Come on.

Can't do it.

It's too high. My back... Can't do it.

You know what,

boost yourself on someone's
shoulder and climb out.

Naveen, you go first.

You are suffocating in here.
You go first.

Give me your hand.

Careful. Are you alright?

Come on.

Come on, let's go.

Come, sir.

And give their shoes to me.

Yeah, come on.

Give me your hand, Yogi.

Give.

Please.

Yeah.

f*ck.

Yeah.

Careful. Slowly.

Careful, Yogi sir.

I'll go check downstairs.

I am sorry, Yogi.

I am sorry, Yogi.

I am sorry.

You know I didn't mean any of that.

All of it meant nothing.

You know I cannot function without you.

I am really sorry, man.

Please, Yogi.

Forgive me.

Please man.

I cannot lose another friend, please.

Listen to me, Yogi.

The other day I voted for Mayank,
you know.

Doesn't matter how much I fight
with you, but I always do as you say.

So...

you voted for Dungeon.

Mandal, bro... I am really sorry, man.

Forgive me.

I... was only talking nonsense.

Doesn't mean a thing.

Please, man.

Forgive me.

Sorry, bro.

Sorry, bro.

I am really sorry.

It's okay, It's okay.

Saurabh, I am really sorry man.

It's okay. It happens.

It's okay.

And I don't want to sell Pragati.

I will sell it if you want me to.

But you know I don't want to.

But I feel if we stick together,
we can still make it work.

We can still get Pragati back up, Yogi.

I blurted all that in a fit of rage.

Sorry, man.

Didn't we fight in college?

You are right, Yogi.

If we can't run it together,
then let's sell it.

But if we can run it together,

then I don't want to sell it either.

You say, Yogi.

Say something, Yogi.

Stop it, as*h*le.

We are leaving your building.

Sir...

He didn't mean it.

Pragati needs to be saved.

We'll vacate the office, what else?

Come here.

Prachi, I am really sorry.

Please, give some response.
I am really sorry.

You should be.

Your...

Your stupidity has led to
the shutdown of Pragati.

It's not shutting down.
It can get acquired.

Same thing.

Don't worry about it.

I am not going to take that deal.

Yeah.

You are not.

No.

Okay.

I did somehow believe
that you won't sell Pragati,

so it's good to know we're
on the same page as that.

Thanks. But...

I don't know how to protect your belief.

I don't have anything.

Naveen...

you'll get a thousand no's in life.

All you need is that one yes.

So don't worry about that.

I'll also see. I'll fix some meetings.

Thanks for that, Prachi.

Hello, Alok. How are you?

You really cleared UPSC and became IAS.

as*h*le, I cleared UPSC five years ago.

Now you f*cking thought of me.

I am sure you need a favour.

Sorry, brother.

You always read my
mind since I was a fresher.

Right?

Listen, we are having some tax problems.

Do you have any contacts
in the income tax department?

We need it solved.

I may have a couple of batchmates.

I'll send you their numbers.

Do you know what we are renting, and
where we can get our deposit money back?

No one thought about finance and legal
when running a startup.

The tax dues against
us is three million.

I've sent you the breakup.

With penalty and interest,
the amount comes to 25,72,782.85 rupees.

And we can't figure
out the remaining 500,000.

You have to file GST, you moron.

Ohh... GST.

Yes, Hina.

I wanted to see the
breakup of GST on Tally.

Under GST reports.

Okay.

GST R-3B.

Tax amount, interest, late fees, okay.

There's the breakup of 4,27,217.15

Thanks, Hina. That's pretty simple.

Hello

Hello, Is it Ashneer sir?

This is Naveen Bansal,
founder of Pragati.

Got your contact from
Prachi and Mandal.

Naveen, What are you doing?

I've already told, that I
won't make videos for you.

I have setup a


And you expect me to make
videos for you for social media.

Sorry sir, I haven't called
you today for the videos.

Actually wanted your
help for something else.

Brother, I only help those
who can help themselves.

If you cannot run your
comapny. Shut it down.

Sir it's actually on the verge of shutting
down, that is why I have called you.

I have the will to succeed,

But I'm not able to figure
out how to move forward.

See Naveen, let's not get
into this investors talks.

Let's talk like founders.

If you have the will,
I'll support you.

I can arrange the meeting but,
can't commit on the outcome.

That you will have
to do it yourself.

And remember, Till there is Grover,
it's not over

Do you have the money to travel to
Bangalore, or even that is to be arranged.

Excuse me.

Please.

Sorry. Sorry.

- Yogi.
- Naveen,

what time is your meeting?

They will call me inside any minute.

Look, we did the best we could.

We made a good pitch deck,

and give a good presentation.

Okay.

Listen, bro. I know you can nail it.

You will.

We trust you.

And remember.

Without struggle, there's no...

Hi, this is Naveen Bansal.

This is Naveen Bansal, and we do...

Hi, I am Naveen Bansal.

I am Naveen Bansal.

I'd like to talk about...

This is Naveen Bansal.

Without struggle,

there is no 'Pragati' [progress]

Okay.

Hello, everyone.

I am Naveen Bansal.

Founder and CEO of Pragati.

And let me start by telling you,

what Pragati is and
what we're trying to solve.

PRAGATI.AI is a tech-enabled
revolutionary...

Sorry to cut you, Naveen,

but we have done our homework.

Product details,
metrics... we have seen everything.

I think we could skip the deck.

Yeah.

Okay... yeah, sure. We can.

So I won't talk about what Pragati is.

Let me tell you how big Pragati can be.

No, no, Naveen.

I know that the market
has a very large opportunity.

And your category is fast growing.

And as much as I know,

some of your competitors like Alpha1
have raised massive funds.

And... it's a matter of
time before some big giant,

can enter the market.

What we are actually curious to know,

is how you are going
to fight this losing battle?

Sir, I've come here to raise
capital to fight that battle.

But we cannot promise
you capital as huge as theirs.

By the way, Naveen, you tell us,

what can you get done for less money?

Sir, I cannot tell you
what can be done for less money.

But I can tell you what
we achieved with less money.

Three months ago we
had less money in our banks,

than a month's catering
budget of these giants.

But we pivoted.

In one-tenth of time and money.

And you have seen our
current engagement matrix.

Sir, if you go to Pragati's site,
you will see three phone numbers.

Try calling any number,
and it will be busy.

Because our company is communicating
with our partners 24/7.

But don't you think if
your lines are always busy,

some really important partners or
customers might be missing out on calls.

Exactly, that's why we need more money,
so we can put 10 more phone lines.

Well...

let's assume you gain some advantage
from our capital.

They will give you
an offer for a buyout.

Poach your employees.

Copy your features.

Whatever you do,

any global or tech giant
can come and do the same thing.

Because capital is the motor.

And, Naveen, your balance sheet,

is like the rounding off
error on their balance sheet.

Sir, I don't think money
or access to the market,

guarantees success.

In the 80s, a giant like Honda,

enters the Indian market after selling
their cars and bikes to the world.

But Bajaj offered
low-cost durable scooters,

and a service network
of roadside mechanic stalls,

to their middle-class customers
and maintained market fit.

Honda could grab only 11% of the market.

In fact, in 98' this global giant

had to retreat from the market.

And history is filled
with such examples.

Orkut, Google Plus, Hangout.

I think if the most innovative
company in the world can fail,

then any giant can.

Sir, for the giant's sector
is just one of the options,

but for us, it's the only option.

Every member of our team, everyone,
every department...

Whether its operation, marketing,

or even the CMO,
even the tech department...

They are also constantly
talking to our partners.

And we don't do it
because we're low on money.

We're doing this because we believe

that everyone in Pragati
should know their customers.

This is our culture.

The product gets copied,
and even the features get copied.

But... no one has enough
capital or infrastructure

to copy our culture and passion.

Good capital is the motor.

But so are good founders.

I am looking for one,

and I am sure you are
also looking for the other.

You have number?

Be careful with that.

That's expensive.

Do the same as you did last time.

We're selling whatever we can.

I spoke to the owner,
and he's giving us back the deposit.

How was the pitch?

Pitch was good.
They said they will reply soon.

In fact, I'll go check my mail.
Maybe they already sent it.

The security guy keeps calling.

Hello. Yeah.

[Indistinct chatter]

Sir, we need this chair.

Okay, take it.

So...

this is what disruption looks like.

Without struggle, there is no Pragati.

Sorry, sir.
Your first visit to the office,

and I can't even offer you a chair.

No, no, problem.

If you had sealed the deal with us
instead of Alpha1,

then it wouldn't have come to this.

In fact,
I am coming from Alpha1's office.

We were there to close
the partnership agreement.

Their general counsel
handed us the wrong document.

Pragati's term sheet.

I was surprised.

I read the amount on the term sheet.

You could have had that money.

I've always said... we're not

- here for the money.
- I know.

You want to solve
problems in every alley.

But every alley has people like Mehta,

who is a professional
at creating problems.

We've been dealing
with him for three months.

Bored me to death with "feeling it".

Hey... stupid!

When we started this business...

Agustya's father and me...

We had no money.

That wasn't the age
of venture capitalists.

So we mortgaged our bungalow
and started the business.

And then a scam happened.

The bank people were
knocking on my doorstep.

I sold my house to save my business.

Had to do it.

Overnight from a bungalow,
we moved to a rented home.

So whenever I see something like this,

reminds me of that incident.

Sir, enterprises can be new or old,

but an entrepreneur's
journey never changes.

Right.

So what do we do?

Family friends,
customers, and investors.

We'll come up with something, sir.

And, sir,
nothing can be worse than this.

I don't understand.

It took 30 years to build
a company worth 30 billion,

which I am ready to sell.

You lost everything,

and yet you prefer to
stay in your sinking ship

instead of grabbing the lifeboat.

Where will you get the money?

Who are you guys?

We are pitchers, sir.

We'll keep pitching.

And sooner or later we'll make it there.

Can I make a pitch?

Will you partner with me,
and make KC Enterprises...

a memorable brand of India?

Sir, you ditched us last time.

That was a mistake.

But, sir, we don't have
money for the partnership.

We'll do it if we can raise investment.

And we'll decide how much?

If I wanted that,
I wouldn't have come to you.

And the paperwork
should be done in a week.

Paperwork is a lengthy process.

These things take time.

We don't.

Look, man, we are a big company...

Good.

That's good.

Stubbornness and intelligence
is important for business.

But I love your hunger.

Let's strike a deal.

So guys, is everyone ready?

Ready, sir.

Ops is going to f*cking win.

Tech guys have the
maximum gym memberships.

Girls are rocking it in sports as well.

Ready?

Yes, sir.

- Steady?
- Yes.

Go!

And finally,
Maharashtra's offline princess,

KC Desai called it quits with Alpha1.

And she returned to
her old loved Pragati.

We have to see how
long will this bond last?

Satyaji.

Cushions.

It's like a restaurant here.

Hina, from now on you'll
oversee our profit and loss tally.

We want you to head
our accounts department.

And no one will call you HR anymore.

Because we have a new HR.

Pappi, you are no longer in finance.

You are good with people.

Meet our new people's manager.

Wow. Congrats.

- Hey, Naveen.
- Hey, bro.

What's up?

Okay.

- Nice, isn't it?
- Yes.

Did you have any problem getting here?

No, not at all.

SO DM, I know it's long-delayed,

but this is the final offer from us.

- Why here?
- Check.

CP Engineering.

I am the CTO.

See bro, you're a great coder.

Probably the best I've ever seen.

Pragati will love to have you.

After all, it's your baby too.

You are demoting me?

We... I was supposed
to be a co-founder.

Okay, calm down.

Take your time.
There is no hurry. Okay.

Think about it.

And if your answer is yes,

I'll see you inside.

And I hope to see you inside.

Come on, hurry up.

But, who will be the CTO then?

So, we're doing some
organisational restructuring.

So we need some help
appointing the new CTO.

Yeah...

So...

Take one.

[Indistinct song]

[Indistinct song]

The new CTO of Pragati.

- Congratulations.
- Congratulations, Appu.

Are you serious?

No one deserves it more than you.

Congratulations.

We shook hands.

Also sent you the term sheet.

First, you kept me waiting.

And then you took away my partner.

You f*cked with the wrong guy, brother.

Prabhas, there is nothing personal.

It's just business.

I see.

Your DM sent me a DM.

Watch how I slam the
brakes on your Pragati.

Congratulations.

Series-A is officially closed.

With a new investor and
KC is your angel investor.

- Are you happy?
- I am very happy.

Good.

I just hope they are
as good as the old one.

Old?

You mean the original one.

See, investors will come and go.

But... you've been a friend.

So, thank you.

Thank you so much.

Okay, is anyone seeing this? You
are being too nice. I can't handle it.

I need a drink.
Do you want a drink?

Yeah.

Excuse me.

Are you the CEO of the coolest
startup in the country right now?

f*ck!

- Surprise, b*tch!
- What the f*ck.

What the f*ck.

What what the f*ck.

What brings you here?

The lift?

No, I mean when did you get here?

A couple of days ago.

I mean... Shreya.

- What, Naveen?
- I mean when did you land?

I didn't see any posts?

One second,
Naveen Bansal is stalking his ex.

- Disgusting, Naveen.
- What, Shreya.

Technically we never broke up, right?

We never got into technicalities, Mr.
Naveen Bansal.

Yeah.

Look.

Hi.

We already met.

How?

What how?
He still seems shocked.

Prachi, thank you so much.

Prachi, have you met Shreya.

Hi.

Hi.
This is Prachi. This is Shreya.

Shreya, hi.

- Aparajita, our CTO.
- Hi.

And Shreya,
Pragati's first angel and investor.

- Guys, come on. Come on.
- Everyone, guys.

Everyone, guys. Sukhi, Pappi.

Naveen, there was supposed
to be a journalist,

to click pictures of the founders.

He was waiting for you guys.

You guys weren't around.

So he clicked my picture and left.

"Let your dreams... let soar."

"Spread your wings."

"Put the past behind."

"The path is clear, so be prepared"

"The destination is
closer than we think."

"You can't tire now."

"Put the past behind."

"The path is clear, so be prepared"

"The destination is
closer than we think."

"You can't tire now."