Muthoot Fincorp Scoot | Ep06 | Medoosa Daivam | Karikku Fliq | Mini Webseries - Summary

Summary

The conversation revolves around three friends, Sanju, Antony, and Kandy, who want to start a business together. They are looking to lease a plot of land to build an artificial football turf, as they believe it will be a profitable venture. They meet with Ratish Sir, who is the owner of the land and the CEO of Medusa, a conglomerate with various businesses.

Ratish Sir initially wants to sell the land, but the friends convince him to lease it to them for three years, with the option to buy it later. They agree on a deal, with the friends paying an advance of 10 lakhs and a monthly rent of 10 lakhs for three years.

The friends then discuss their plan to arrange the necessary funds, which includes using their savings and taking a personal loan from a bank. Kandy, who has been quiet until now, reveals that he has a privileged upbringing and has been feeling unfulfilled. He asks to join the business venture and offers to invest 20 lakhs.

The friends agree, and Kandy becomes a partner. They then receive a call from their apartment complex's association secretary, informing them that there is a problem that needs to be addressed. As they go down to meet the secretary, the conversation ends abruptly.

The story touches on themes of friendship, entrepreneurship, and the challenges of starting a new business. It also highlights the contrast between Kandy's privileged upbringing and his desire to find meaning and purpose in his life.

Facts

Here are the key facts extracted from the text:

1. The plot of land being sold by Ratish Sir is 40 cents and costs 2.5 lakhs per cent, totaling 1 crore.
2. Ratish Sir wants 10 lakhs as an advance within one week and registration to be completed the next month.
3. The buyers, Sanju and Antony, were initially planning to lease the land but Ratish Sir's company policy is to only buy and sell lands, not lease.
4. Sanju and Antony plan to start a turf business on the plot of land.
5. The cost of building the turf is estimated to be around 10 lakhs.
6. Sanju and Antony need to arrange 20 lakhs in total, 10 lakhs for the advance and 10 lakhs for building the turf.
7. They plan to take a personal loan from the bank to cover the remaining amount.
8. Kandy, a friend, offers to invest 20 lakhs in the project and become a partner.
9. The group discusses the potential earnings from the turf business, estimating 6 lakhs per month in savings.
10. The value of the land is expected to appreciate over time due to development around the area.
11. Kandy's father has multiple businesses, including Kandithara Bus and Kandithara Pump.
12. The association secretary calls the group to come down and discuss some problem, possibly related to the party they are hosting.
13. There is a blood splatter in front of Mr. Douglas' house, and rumors of him being involved in a fight.
14. Kandy has a credit card with payments due for a long time.
15. Kandy recommends using the CRED App to pay credit card bills and earn rewards.