Abstract
Abhay Kulkarni, Deepak Anand, and Sudhir Deshpande co-founded MediVault Informatics in 2019, and onboarded a fourth-co-founder, Suraj Garg in 2022. Before founding the healthtech venture, they had been co-workers and friends at a data analytics firm. Over the next few years, MI expanded its technology and client portfolio, raised external funding and built a team of 60 employees. As the startup scaled, the founders had to tackle issues around setting rules and processes and codifying organisational culture. One of the startup’s investors, Octavius Capital, recommended formalising the co-founders’ titles and roles as well as a variable remuneration structure based on relative contribution to business development. Intense discussions surrounding Octavius’ terms and conditions, along with the resulting division of responsibilities, had adverse consequences for the founding team’s interpersonal dynamics. The founders faced an urgent dilemma: How could they resolve their interpersonal issues to focus on startup growth?
Additional Information
| Product Type | Case |
|---|---|
| Reference No. | CIIE0043 |
| Title | MediVault Informatics: Negotiating co-founder discord in a growth-stage startup |
| Pages | 7 |
| Published on | Jul 28, 2026 |
| Year of Event | 2025 |
| Authors | Dani, Reeva; Mendonca, Valerie; Vohra, Neharika; ; |
| Area | Centre for Innovation, Incubation, and Entrepreneurship (CIIE) |
| Discipline | Communication, Human Resource Management, Innovation and Entrepreneurship, Organizational Behaviour |
| Sector | Banking Finance Insurance (BFI) |
| Learning Objective | 1. To explore the shifting people dynamics in founding teams as startups grow. 2. To examine the impact of interpersonal or performance-related conflict among co-founders on startup adaptability and resilience. 3. To understand how team processes, communication, and organisational culture evolve as startups formalise. |
| Keywords | Co-Founder conflict, Startup Culture, Communication, Entrepreneurship, People Dynamics, Investor expectations, Startup Teams |
| Country | India |
| State | Maharashtra |
| City | Pune |
| Courses | MBA(PGP), MBA-FABM, MBA-PGPX, ePGP |
| Access | For All |
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