Why Smart Entrepreneurs Choose Debt Over Equity | Girish Lakhotiya | Vinay Vimarsh

From Factory Timekeeper’s Son to the founder of one of Pune's largest private capital advisory firms Girish Lakhotiya's journey is not just inspiring, it's a masterclass in building from zero in an industry that was never meant for outsiders.In this episode of Vinay Vimarsh, we sit down with Girish Lakhotiya — Founder of Prachay Group — an RBI-registered NBFC, a SEBI-approved bond platform (BondSmart), and a boutique investment bank built entirely without a single rupee of VC funding.We go deep into how finance really works in India — the stuff no school, no college, and no parent ever teaches you. From why banks reject SME loans to how real estate developers raise capital, from the difference between debt and equity to where you should actually put your savings — this conversation covers it all.