India has a water problem. We're running out of it, and we're extracting ground water like there is no to morrow. By 20 30, our demand for clean water will outstrip supply by a factor of two. A company called vi tech webag could be the answer to some of our water problems. But when you overpay for a company and value it so highly, even small hiccups can have ma repecutions. For vie teka bag the problem was its dependence on government projects. The new deals and pawse on pay ments created a few cash flow issues.
In today’s Episode for April 16th 2022, we take a look at how a water technology company — a darling of the investor community lost the plot.
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