Extreme decisions of the founder lead to the closure of Letsdoit Group of Companies || Manideep Prathipati ||Rose Caron ||Startup Stories India
Known for its brand and awards,Letsdoit was no doubt a life creator for many struggling entrepreneurs and a strong base for it's partnered companies.The recent announcement of its closure from its founder not only bought chaos to its board but also resulted in a huge drop in its share values.It nearly took a month to the team to stabilize its teams and a lot of controversies ran on the topics of share distribution to the Smile Industries.. Here is the breakdown of the rise and fall of the silent startup most loved service provider for its partners. In Photo: Events@LDimultiediagroup Rise of LDi: Letsdoit was started by Mr.Manideep Prathipati and Ms.Riya back in 2014 at the age of 18.Starting it's services as a media startup,LDi consistently managed to raise funds of $300,000 in its first year and started to expand it's operations in various sectors and countries including UK,Singapore as a allied service provider and Business developme...