TiE India Angels: How Startups Can Take Advantage
“Startup Funding is not just about raising funds, it is a holistic process that involves proper business planning with thoughtful growth targets”
Funding is the fuel on which a business runs. Funding and fundraising together contribute to the growth of business by enhancing the level of a startup.
Startups, ventures and entrepreneurs were invited for an enriching and valuable session , to understand the nuisances of fundraising.
The session speaker was: “Mr. V Shankar”
V Shankar is a graduate of the Indian Institute of Technology, Madras (’81), and a Post Graduate in Business Administration from the Indian Institute of Management, Calcutta (’83). After a brief stint working for an MNC, he founded CAMS (Computer Age Management Services Pvt. Ltd.) in 1988 – and ran it till he exited recently – to provide a Stock Exchange like Platform to the Indian Mutual Fund industry.
CAMS is the largest company in its space in India, with a market share of 68%, and is also one of the largest of its kind in the world. It has now become a professionally managed listed entity.
In the session Mr. Shankar, gave an insight on the journey of the Indian startups and the ecosystem itself. He highlighted how the Indian startups can take benefits from the TiE India Angels in terms of getting funding, network connects with angel investors or venture capitalist. He also guided startups on what exactly the investors are looking from the startups and how the startups should prepare themselves to pitch in front of the prospective investor community.