Polygon CEO acknowledges challenges for non-IIT founders seeking seed capital
Polygon Foundation CEO Sandeep Nailwal has backed a recent claim on X, noting that entrepreneurs who did not attend IIT often struggle to obtain seed investment in India. Nailwal admitted the situation, stating, "This is true; not going to pretend otherwise. It's an unfortunate reality of raising [funds] in India." However, he further emphasized that some of the most impressive founders he has encountered did not come from IIT backgrounds.
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