The startup ecosystem functions with the wheel of an investment cycle that helps, supports and fuels the growth of company with funds. From seed funding to angel investors to big shots venture capitalists, every business entity goes through the cycle of raising investment funds, whether it’s a startup or an SME. In an atmosphere of enormously increasing number startups in India, the rate of falling down startups are unfortunately greater than the sustainable ones.
These #4 entrepreneurs share tips to raise Pre-series A funding, and tell how to look for sustainable model of business growth, simultaneously .
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“Always be ready with pitch presentations to impress investors”, TripShelf
– Holiday Packages Marketplace
To follow the passion for travelling, Dhruv left his lucrative job in Google and envisioned a business model to transform the passion into living. This startup is organizing and easing the unorganized market of travel agencies in India by giving them a platform to compare packages and pick the best one based on the needs and requirements.
An online travel marketplace for holiday bookings, Tripshelf raised INR 1.6 crores in a Pre-Series A round from GEMS Advisory and early stage VC fund Quarizon within seven months of its incorporation.
How did they raise fund?
- First thing’s you must be a company that would have its multinational presence to cruchbase, angel list.
- One should always be ready with pitch presentation to raise investment. You can raise funding in 7-9 months, that depends on the founders vision. There is no bar of restriction in that.
- One should start getting admitted oneself to the number of competitions across the country, that’s how you get in notice of VCs and thus get a lot of exposure.
says, Dhruv Raj Gupta, founder and CEO, TripShelf.
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“A sustainable business growth model was always my first vision”, Revv
– Self Driving Car Rental Providers
With the new concept in…