In this interview, Vijay Rayapati shares his experience of raising money for Minjar and then finally getting acquired by Nutanix. The fortunate thing for Minjar was that cloud was taking off at that time. Minjar had the ability to solve the problem which made them special and unique. What was the Process of Acquisition
The process of acquisition of Minjar by Nutanix was a long process that had a series of discussions. In the cloud, Nutanix was doing very well and wanted to acquire Minjar. It was also an opportunity for Minjar to grow with a billion-dollar company. Finally, the deal was concluded and Nutanix acquired Minjar in March 2018.
In this video, Vijay Rayapati is talking about his journey with Minjar as a Founder and CEO. He is also discusing about his process of acquisition of Minjar by Nutanix in 2018.
Vijay Rayapati is Founder and CEO at Minjar Cloud Solutions and he is also the General Manager at Nutanix. Vijay has done B.E Computer Science Engineering from Osmania University. Minjar is a fast-growing, cloud-based platform provider that collaborates with business customers to manage their cloud and transform operations.
Value SaaS Series focus on businesses that are on their way to the first million. They introduce or increase small external investments to generate recurring revenue. During this period iterates quickly to create a recurring revenue to scale to $ 10 million or more. They grow and prosper rapidly by accessing and deploying founder-owned capital.