Question

Good looks Pvt. Ltd. was promoted and formed by group of four friends. As business of the company has grown considerably over the years, its management is now planning to convert it into a public company and raise funds in the next six months to finance its future expansion plans in the health care business. State the privileges that the company will have to forgo as a private company after conversion.

Answer 1

Answer:

Byju Raveendran says he builds fan bases—a strange thing to say for someone who is founder and chief executive officer of an education start-up.

“I believe when you take sessions in auditoriums, you’re creating a kind of fan following. You can’t do a math class in a stadium. It has to be a math performance," says Raveendran, 36.