In India, we need accelerator programmes that are designed to prepare companies for Series A funding.
A POC is about testing the commercial feasibility of a concept, whether it is a tech innovation, a product or a service.
Gurgaon-based Green House Ventures (GHV) Accelerator has joined hands with deal discovery platform LetsVenture(LV) in a collaborative model to create easier access to capital for seed ventures.
“LetsVenture has access to good quality startups. With this partnership we will get access to good curated startups, and it reduces our time frame for evaluation since one level of curation will be done,” said Anurag Kapoor, executive director and co-founder, GHV.Share:
Here are some thoughts on how should aspiring entrepreneurs deal with the funding needs for building the prototype.
In the context of a startup, a prototype should be anything that will help you to demonstrate that not just the product, but also whether the intended users of the product are actually as excited about the product as you are. A prototype is something that allows you to test the various assumptions that you have made for your venture.Share:
Most startups, even those who get angel funding or seed-stage funding or investments from accelerators/incubators, are unable to get follow-on funding. Why is Series-A funding so elusive? When Angel Investors invest in a startup, they do so after assessing whether the startup will be able to raise follow-on capital. That’s how they have a chance of getting an exit for their investments.Share:
What investors seek is a team that is passionate about the subject and is enthusiastic about the opportunity
Ask any investor or successful entrepreneur, and they will reiterate that the most important factor in a start-up is the quality of its founding team. A team is more important than the idea or the size of the market or the technology or the business case, or indeed any other factor that investors will review to check the investment-worthiness of a venture.Share:
Green House Ventures (GHV) Accelerator, which launched operations earlier this month, has inked a partnership with (WiL), a Japan-based venture capital fund that invests in disruptive startups with global appeal. WiL helps startups bridge the gap between their home markets and US markets and this partnership marks its entry into the Indian startup ecosystem.Share:
Entrepreneur and angel investor Vikram Upadhyaya has launched Green House Ventures Accelerator (GHV), which will fund and mentor startups between the incubation and venture capital stages.Share:
Angel investor to oversee public-private ventures
The Government has roped in Vikram Upadhyaya, Co-Founder of the Indian Angel Network Incubator, as an advisor to projects being undertaken through the Telecom Centres of Excellence (TCOE). The primary objective of roping in Upadhyaya is to ensure that the ideas generated by TCOEs are taken from conception to commercial deployment based on sound business.Share:
Vikram is a visionary & a serial entrepreneur lived in Japan for over 14 years . He is a technocrat turned serial entrepreneur holding a Masters Degree in Computer Science from the University of Tokyo, Japan. An alumnus of the famous TRON laboratory headed by Prof.Ken Sakamura (www.t-engine.org), who is known as the father of Ubiquitous Computing. He was the Founding Director and Charter Member of TiE Tokyo Chapter. Being a representative on the board of several corporate setups in India and Japan , he is a board member of Indian Angel Network Incubator and India-Japan Global partnership Summit too.Share: