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A thread dedicated to Mr. Shripal Morakhia, the great organization built by him and importance of timing in success of an Organisation.
Working closely with Mr. Morakhia in the rescue efforts of Smaash I am deeply saddened seeing the death of this great indian Startup. #Smaash
Shripal started his career as EA to president at New York stock exchange. Post which he came back to India and started SSKI in late 90s. He was the entrepreneur who set up the first home grown investment bank franchise and sold it to IDFC in 2007 to IDFC at around INR 6500 Mn.
Parallely he also was working on one other revolutionary business idea of that time, setting up the first digital broking house of India, Sharekhan leveraging the new security demat process in India. He sold Sharekhan to CitiVenture at INR 5000 Mn in 2007.
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