Innovative ways to finance your startup
Sandeep Saxena
Financing your venture is the most challenging tasks in a startup. Its
easy to get customers, employees, technologies but finance is tricky.
10 years ago, you could have gone to a VC. Today that is not an
option. So how do you finance your startup.
Thankfully there are lots of other options. Funds are available from
1. Government bodies like MSME, SIBRI, NMITLI
2. Banks as term loans, over draft, working capital loans etc
3. Friends and family
4. angel investors
5. and last but not the least customers
Today we know the strings attached with each of these options as these
have been around for quite some time now. There are some more options.
Crowd sourcing, barter deal with media companies (media spots in
return for equity), angel investor networks,
investors from the brain drain, personal loans from banks, incubation
with existing company etc etc.
To throw light on this subject, we are getting veterans who have been
there, done that.
Events Details
Date : Sept 11th
Venue : Pravara CMRD, Near Vikhe-Patil School, Off Senapati Bapat Road, Pune
Tentative Agenda
3:00 - 3:15 Introduction
3:15 to 4:15 Short presentations be Indian Angel Network, Grow VC,
Times Treaties, MSME etc.
4:15 - 4:45 Open House
4:45 - 5:00 Closing Remarks
5:00 - 6:00 Networking and Snacks (On the House)
If you know of some people who have raised funds from alternate
sources or have some good experiences to share, feel free to invite
them for the event.
Thanks and Regards
Sandeep Saxena
Founder and CEO
Acton Biotech (India) Pvt. Ltd.
4th Floor, Banoo Coyaji Building,
KEM Hospital, Rastapeth, Pune 411011
Tel : 020 32319395
Mo : 9890042670
Web : www.actonbiotech.com