Tag: angel investor

  • Vishal Gondal: Founder & CEO of GOQii

    Vishal Gondal is an Indian Entrepreneur, who founded a fitness technology company, GOQii (pronounced Go-Key) in 2014. He is the former CEO of the game development company, Indiagames, which was sold to DisneyUTVDigital. He served as the Managing Director of Digital division of The Walt Disney Company India. Most recently, on 4 September 2020, Bollywood Actor Akshay Kumar declared the release of FAU-G, which would be leaded by Vishal via Bengaluru based nCORE Games where he serves as its Co-founder. He is also an active Angel Investor. As of 2019, he has net worth of $2 million.

    Vishal Gondal- Biography

    Name Vishal Gondal
    Born 14 July, 1976
    Birthplace Mumbai, India
    Age 44 (2020)
    Nationality Indian
    Education Mumbai University
    Profession Entrepreneur; Venture Capitalist; Angel Investor
    Position CEO at GOQii; Former CEO at Indiagames
    Net worth 2 million (2019)
    Marital Status Married
    Spouse Harpreet

    Vishal Gondal- Personal Life
    Vishal Gondal- Education
    Vishal Gondal- Professional Life
    Vishal Gondal- Indiagames
    Vishal Gondal- Sweat and Blood Venture
    Vishal Gondal- GOQii
    Vishal Gondal- FAU-G
    Vishal Gondal- Honors & Awards

    Vishal Gondal- Personal Life

    Vishal Gondal
    Vishal Gondal – GOQii’s CEO

    Vishal was born in Mumbai, India and is presently based in Menlo Park, California with his wife Harpreet, who he met during his India games days and two sons Aryan & Veer. He is an avid sportsman, he has played volleyball at the state and national levels. He represented Maharashtra in the national championship. He was a Rank Holder of National Computer Problem Solving Contest in ‘C’ programming. He obtained his first personal computer when he was 13. He is married to Harpreet, who also worked for his venture Indiagames.

    Vishal Gondal- Education

    Vishal pursued TYBCOM from R.A Podar. After finishing his schooling, he started his own venture called FACT at the age of 16. Moreover, he is specialized in leading various business teams with a promise to inculcate extraordinary results.

    Vishal Gondal- Professional Life

    Vishal started his entrepreneurial journey post his schooling. His venture Indiagames is an award winning multi-platform games company. He has formerly served as the CEO of Indiagames Ltd. for 16 years.

    He headed the Mumbai Chapter of the International Game Developers Association. He is even a part of The Nokia Advisory Council for Games and advises Nokia on gaming technologies.

    The Walt Disney Company India Private Limited reincorporated its digital assets under a new portal, DisneyUTVDigital in 2008. Vishal served as the Managing Director of this new portal. He headed all gaming and digital operations of Disney in India after the acquisition of Indiagames to Disney.

    He is an investment partner of Sweat and Blood Venture Group since January 2007. He is currently the Founder & CEO of GOQii Inc since February 2014. He is also a Co-founder at nCore Games, which recently declared to launch FAU-G game soon.

    Vishal Gondal- Indiagames

    Indiagames Logo

    Vishal founded a video game development and publishing company called Indiagames in 1999. The company had 300 employees and extended offices across Mumbai, Beijing, London and Los Angels by 2009.

    The company actively develop games for wireless, console and online gaming platforms while working with top game publishers, handset manufactures Hollywoood studios and mobile operators across the world. Indiagames has cordially partnered with Activision and Marvel to develop and distribute a game based on Spider-Man.

    He further sold a majority share (76.29% of the company) to a subsidiary of TOM Online Inc called TOM online Games in 2009 and left his position of CEO. At the specific time of acquisition, Indiagames was making a profit of $400,000 roughly on revenue of $11 million.


    GamesKraft Success Story – Creating World Class Gaming Experience for Indian Users!
    With the availability of fast internet and smartphones, online gaming is gainingmuch popularity in India, especially among the youth. With this increasingcraze, many gaming companies are coming up with engaging and entertaining gamingoptions. Gameskraft, a Bangalore based startup in the online …


    Vishal Gondal- Sweat and Blood Venture

    Vishal established a company called Sweat and Blood Venture group in 2008 for the sake of investing in startups a through seed funding. The organization has invested in ventures including Instablogs, Docsuggest and others. He has also presented at the INK Conferences in Mumbai.

    Vishal Gondal- GOQii

    GOQii Logo

    Vishal launched the fitness technology firm GOQii in March 2014. The company is headquartered in Menlo Park, California with offices in Mumbai and Shenzen. He is the Founder and CEO of GOQii, since its establishment.

    The tagline of the company is to Make a permanent
    shift to a healthier lifestyle with the collation of advanced wearable technology, world’s leading experts, coaches and karma. The fitness firm centers on sustained engagement and goal reinforcement and offers a complete ecosystem as a single integrated solution, which is a powerful combination of technology and human connection.

    Vishal Gondal- FAU-G

    FAU-G Logo

    Vishal is the Co-founder of nCore Games, which announced to release an “action” game FAU-G or Fearless And United: Guards game soon in India. The initiative was proposed after the ban of China-based PUB-G game in India, which happened recently on 2 September, 2020.

    However, Vishal asserted that FAU-G was always in the pipeline and there were plans to release it on October and the ban on PUB-G Mobile was coincidental. He revealed that his team has been already working on FAU-G since May-June 2020.

    Vishal with two other nCore Games co-founders, has been working on to release three games together. The first one is FAU-G, which is a shooting game. Another one is a cricket game and third one is a music game.

    Moreover, Vishal conferred that the first episode will be based on the incident of the Galwan Valley incident. The aim with FAU-G is to make players aware about pivotal incidents of our country including Galwan Valley clash and learn the value of Indian soldiers. Also, the 20% of net revenue will be donated to BharatKeVeer trust, which is dedicated for the well being of Indian soldiers.


    Vikas Jaiswal | Ludo King | Gametion Technologies | Founder & Director |
    Vikas Jaiswal is the Founder and Director of Gametion Technologies PrivateLimited, the company which created the popular gaming app, Ludo King[/success-story-ludo-king/] made for Android and IOS. Ludo King has now become one of the most popular game with 180+ million downloads. Also, it is ranked…


    Vishal Gondal- Honors & Awards

    • Business Today featured Vishal among 40 Indian entrepreneurs in December, 2001.
    • He was listed in the top 50 executives in the mobile content space published in Mobile Entertainment magazine in 2005.
    • Among Asia’s Top 100 companies, Indiagames was listed by Red Herring in 2005.
    • He was listed by techcircle.in among the top 25 powerful people in Indian digital business (2012).
    • Entrepreneur Magazine bestowed him with Entrepreneur of the Year Award in 2019.

    FAQs

    Who is the founder of GOQii?

    Vishal Gondal

    What is the meaning of GOQii?

    GOQii (pronounced Go-Key) is an Indian fitness technology company.

    What is GOQii app?

    GOQii is a Smart Preventive Healthcare Ecosystem for you and your family which offers personalized 1-on-1 Coaching, Doctor Consultation, and Expert advice.

    Is GOQii a good brand?

    Yes

    What is GOQii stands for?

    Exercise, eat healthy and rest well


    Gamerji Success Story | e-Sports Tournament Platform | Funding | Business Model | Founders
    Company Profile is an initiative by StartupTalky to publish verified informationon different startups and organizations. The content in this post has beenapproved by the organization it is based on. With the board games and the outdoor games going out of the trend, came in thee-sport games that …


  • Startups That Are Funded By Katrina Kaif

    From the past few years, Bollywood stars have been trying to do different things to give their career a whole new direction. According to Nasscom report, India is now the third largest startup ecosystem in the world with more than 50 unicorns by 2021. Which is why in the recent years the number startups or ventures funded by well-known Bollywood celebrities have increased.

    Bollywood celebs like Alia Bhatt, Suniel Shetty, Shilpa Shetty Kundra, Anushka Sharma, Madhuri Dixit Nene, Katrina Kaif, Deepika Padukone, Aishwarya Rai Bachchan and Sonu Sood have become investors or angel investors, while some have also started their own venture by becoming entrepreneurs.

    This includes Katrina Kaif who is a British actress that predominantly works in Hindi Cinema. She is one of the highest paid actress in India and is known for her Box office hits like Namastey London, Zindegi Na Milegi Dobara, Bang Bang, Tiger Zinda Hai, Raajneti, etc.

    Besides acting Katrina is also involved with her mother’s charity and participates in many stage shows. The actress has recently funded in the e-commerce startup Nykaa and has also started her own makeup brand known as Kay beauty.

    Nykaa
    Kay Beauty
    Frequently Asked Questions


    Bollywood Heroines – Multimillion Celebrity Investors in Indian Startup
    Ever since PM Modi made the Make in India an official announcement. It became aproject that would help to boost India’s startup economy. It received supportfrom many from the nation as well as from people and companies all over theworld. Not only did people invest but large corporations too inves…


    Nykaa

    Nykaa is an Indian Online shopping site that sells cosmetics and skincare/beauty products. The company was founded by Falguni Nayar and is the number 1 online marketplace for beauty and wellness products in India. Nykaa has its headquarters in Mumbai, Maharashtra and was established in 2012.

    The company also received an investment of Rs 100 crore from Steadview Capital in May, 2020 and has grown into a unicorn company with the help of many such investments.

    Nykaa is currently present in over 70 stores in India including products from from luxury brands like Tom Ford, Jo Malone London, Dior and Givenchy among others.

    The main competitors of Nykaa in India are companies like Amazon Fashion, Flipkart Fashion and Myntra. The website currently has over 5 million monthly active users and handles more than 1.5 million order per month. Nykaa is known to have huge portfolio of more than 1,500 brands with a range of 1.3 lakh products available on all its platforms like website, app and stores.

    Katrina Kaif with Falguni Nayar, the founder of Nykaa
    Katrina Kaif with Falguni Nayar, the founder of Nykaa

    Nykaa also offers a wide variety of beauty and grooming products for men, the website also includes Nykaa Pro which caters to their customers with beauty needs and special offers. They also have their own in-house beauty products known as Nykaa beauty which makes cosmetics for lips, eyes, face and nails among other skin body care range. The company also raised Rs 100 Crore from TPG Growth which is an American private equity firm in April 2019.

    Katrina Kaif launched her make up brand Kay Beauty in 2019 and went on to invest an undisclosed amount in Nykaa through a secondary transaction. When asked about why she choose to invest in Nykaa, the actress replied by saying that she was familiar with growth of the company’s equity and market leadership and so becoming an investor was a logical step to do.

    She also added that Nykaa has opened new avenues for women to explore and celebrate their own unique idea of beauty. Falguni Nayar the CEO of Nykaa, also commented that she admires Katrina’s work ethic and understanding of beauty products.


    Vanity Wagon—Platform To Buy Natural and Organic Beauty Products
    The love for organic beauty and personal care products[/ras-luxury-oils-essential-oils-success-story/] is increasing in India. Withpeople becoming aware of the long term damage that chemical containing beautyproducts can cause, the demand for organic and natural products is increasinglike never …


    The Venture started by Katrina Kaif

    Kay Beauty

    Kay Beauty is an Indian Cosmetic Brand that was founded by Katrina Kaif, this beauty line is available on the Nykaa’s website and its retail stores. Nykaa currently has two types of store which are Nykaa On trend and Nykaa Luxe.

    Kay beauty is divided three sections which are Kolor, Kover, Kare. The Kolor represents the color cosmetics with eyes, Lips and Nails, while Kover and Kare includes face products with nourishing ingredients. The brand has 48 different pieces of makeup products for eyes and lips just from Kolor Category.

    #ItsKayToBeYou Campaign

    These products are affordable and are priced at Rs. 249 to Rs. 799. Kay Beauty is India’s first celebrity brand. According to Katrina it has been a long journey and a lot of work for creating the brand the way she wanted it to be. The actress is involved in making decisions from the quality of the products to the textures of the company’s first campaign and photo shoot for the brand.

    The Kay Beauty brand was created by Katrina because she is passionate about makeup, understood the art of makeup and gained knowledge about it through her experience of being a model and actor. Which is why the actress know exactly what to convey to consumers when it comes to Kay Beauty.

    The company manufactures products that are said to be high-performance and long lasting while caring for ones skin at the same time. Commenting on her vision for the brand Katrina added that Kay beauty is not just another brand endorsement, but her own brand that truly represents who she is.

    The Kay Beauty is good at marketing its products and has come up with many interesting hashtags such as the #MakeupThatKares and #ItsKayToBeYou, through which the brand talks about the gap that the brand fulfils by providing a makeup collection that has care ingredients to nourish the skin.


    Indian Cricket Legends with their Investment in Startups | StartupTalky
    Startups are a hard cookie to bite in. But for these Indian cricket players, itis just another pitch to show their talent. With the kind of dedication,practice, passion, and talent they have achieved the best in both the fieldsnamely sports and business [/tag/business-2/]. Indian cricket team pla…


    Nykaa’s partnership with Kay Beauty

    Kay beauty has also recently made a partnership with Nykaa, after which the company gave the Kay beauty team full freedom to create and market the brand.

    Katrina partners with nykaa because Nykaa’s team has knowledge on creating unique formulations, educating the consumer and bringing the best beauty trends in the market. What Nykaa also has is a strong network of online distribution and stores all across India which will help the brand reach to top tier cities.

    During the launch of Kay Beauty, Falguni Nayar, founder and CEO Nykaa added,

    “The launch of Kay Beauty is a proud moment for Nykaa too because it is the country’s first celebrity beauty brand. I have always admired Katrina’s independent spirit and was also inspired by her vision to create this unique collection. Over the past two years, Katrina and the team have worked relentlessly with passion and dedication to bring this vision to life.”

    Katrina also mentioned that this partnership has all the ingredients she is looking for, as Nykaa has all information in business, distribution and technical side of things which is very necessary while starting a brand.


    List of Angel Investors in Delhi [With Contact]
    Angel investors are sometimes marked as Private investors or Seed Funders.Though known by different names, their main aim is to invest in startups or newventures, thereby helping them to grow and create a presence in this dynamicenvironment. If you are looking to get an insight about Angel Invest…


    Frequently Asked Questions

    Who is Katrina Kaif?

    Katrina Kaif is a British actress that predominantly works in Hindi Cinema and is one of the highest paid actress in India.

    Which startup did Katrina Kaif fund?

    Katrina Kaif has invested an undisclosed amount in omnichannel lifestyle retailer Nykaa in October 2020.

    What is Nykaa?

    Nykaa is an Indian online shopping site that sells cosmetics and skincare/beauty products.

    What is the makeup brand of Katrina Kaif?

    Katrina Kaif has launched her own cosmetic brand Kay beauty in partnership with Nykaa.

    What is the net worth of Katrina Kaif?

    The net worth of Katrina Kaif is estimated to be around $6 million.

  • Siddharth Kothari – An Angel Investor with a Preference for Vegan Startups

    A stock market is a fascinating place. Many men have tried to decode its workings, tried predicting its unpredictable moods, gained a lot, and lost a lot too. This fickleness adds to the charm of the stock market, where millions of investors flock to daily, aspiring to make a fortune. And, there’s a popular tale from the Stock Markets that: Bulls make money, Bears make money and Pigs get slaughtered; which fits the current situation of the investors.

    Siddharth Kothari is Chief Investment Strategist at the Om Kothari Group. The group was founded in 1971 and has interests in engineering construction, infrastructure, automotive dealerships, manufacturing and real estate. The group’s flagship company, Om Metals Infraprojects Ltd (listed on the NSE and BSE) is a global leader in hydro-mechanical equipment for dams. His startup portfolio has crossed over 12 companies including Grexter, ClearDekho, ApnaComplex, Innov8 and Beardo. Siddharth is a Partner at 2Point2 Capital and Venture Catalyst’s 9 Unicorns Fund. He is also an INK Talks Future Maker.


    Siddharth Kothari – About
    Siddharth Kothari – Journey
    Siddharth Kothari – Investment Mantra
    Siddharth Kothari – Few signs to Trust a Founder
    Siddharth Kothari – Aid to Startups
    Siddharth Kothari – Productivity Hacks
    Siddharth Kothari – Right Time to Invest for a Startup
    Siddharth Kothari – Pitch Deck
    Siddharth Kothari – Best Way to Divide Equity Among Founders
    Siddharth Kothari – 3 Private Companies to Invest in
    Siddharth Kothari – Indian Startup Ecosystem
    Siddharth Kothari – Recommended Tools

    Siddharth Kothari – About

    Siddharth Kothari
    Siddharth Kothari

    Siddharth grew up in New Delhi and went to the British School for further studies. He was the President of the student council and served as the Captain of the Cricket team, and enjoyed playing most sports. Siddharth was an above-average student and studied Finance at Boston University. Shortly, after graduating he read a book about Warren Buffett, and he knew exactly what he wanted to do. He aimed to be a successful investor.

    In India, Siddharth Kothari considers RK Damani, an idol given his massive achievements in investing and business and a humble attitude despite all of it. Both these great leaders proved to him that anyone can achieve great things in life while keeping a high bar when it comes to ethics. Another fun fact that Siddharth admires about RK Damani is, that he is also a vegan.

    Siddharth has been vegan for 10 years now! He also prefers investing in vegan-friendly companies. Apart from investing in stocks and startups, he enjoys reading non-fiction, watching documentaries, and playing poker. He spends about 3-5 hours a day reading. The rest of the time he is either meeting founders, attending con-calls, or hearing startup pitches. Siddharth Kothari used to spend about a week each month in Bombay before COVID.

    Siddharth Kothari gives credence to the fact that to be a good investor one needs to constantly keep learning and that is what he enjoys the most; whether it is through books, movies, conferences or interactions with founders, or other investors. He enjoys poker, sports, books, and movies. His passion for cinema has also led him to finance films produced by Wishberry Productions, a portfolio company.

    Siddharth Kothari – Journey

    Siddharth first started investing in stocks in 2013 and in startups in 2016. He believes that investing in the stock market is not tough as it is a democratized process for everyone, by setting up a DMAT account, and buy whichever company’s stocks they like. But breaking into the startup ecosystem took him some time as it is a tougher game. Afterward, he started investing in startups through angel networks like Venture Catalysts. When he found some success there, he started getting good deal flow, and so did several direct deals with companies too.

    Siddharth is sector agnostic. He invests for the long term and shoots for high returns, north of 26% CAGR.

    Siddharth Kothari – Investment Mantra

    Siddharth has a similar outlook to a famous investor who once told him: “I look for a smartass founder, in a big-ass market, with a kick-ass product.” It is a cliche to say that the founder is the absolute most important part of an investment, but he cannot turn up the volume on that enough. Siddharth, typically, looks for founders who are hungry and driven. If they are passionate about what they are building then that generally comes through during their pitch.


    4 Practical Tips to Attract Investors | How to Get Investors
    Fundraising is a tough nut to crack for many startups. But with a growingstartup ecosystem, networks connecting the investors and the entrepreneurs areincreasing exponentially. According to a report, 65% of entrepreneurs admit they were not fully confidentthey had enough money to start their bu…


    Siddharth Kothari – Few Signs to Trust a Founder

    Siddharth pays almost no attention to which college a founder is from. He himself has seen many great founders who came from unknown colleges, or even no university education, and they still succeeded. What is important in a founder is that s/he should be able to hustle and bring a team together and deliver.

    A startup is like a child and it takes a village to raise a child. Similarly, it takes a group of people including co-founders, mentors, investors, clients, suppliers, etc to build a startup. He believes that this is the founders’ job to sneak out synergies between various stakeholders and keep adapting to change.

    Siddharth Kothari – Aid to Startups

    Siddharth helps startups not just with capital, but also by opening up his network to them, giving his mentorship, and leveraging the strengths of their 50-year-old conglomerate: Om Kothari Group. This could be in the form of better deals with his real estate connections, better hiring using their established HR platform or even access to debt at reasonable rates. Since the Om Kothari Group is diversified in several sectors, synergies pop up for various startups.


    AngelList Success Story | Business Model | Revenue Model | Founders
    Didn’t find a job yet? Want to start the journey from a startup company? Wastingmoney right now and don’t know where to utilise it? The world is filled withtalented people. But these people don’t get the opportunity to fulfil theirambitions or dreams. No worries! Here is a great way to kick start…


    Siddharth Kothari – Productivity Hacks

    Siddharth shared quite insightful hacks and one of them is Mindful Meditation, which is extremely beneficial to clearing up the mind and being more efficient. Just 10 minutes a day to start off with makes quite an impact. Sitting is the new smoking, so walking meetings are better at times than sitting down for long periods of time. Monitoring screen time is also important as smartphones can be a huge distraction. Very often – the smarter the phone, the dumber the user!

    Siddharth Kothari – Right Time to Invest for a Startup

    Startups should raise money when the environment is favorable and capital is available. If startups try to time it too, well then they might get stuck for long periods without capital as the macro environment can hamper investors despite founders and traction being good. Surviving is very important so raise the money when its available at decent terms. Siddharth believes that getting proof of concept is important to avoid failures at startups. Founders should dip their feet in to test the water before they dive.

    Siddharth Kothari – Pitch Deck

    A pitch deck should be crisp and quickly communicate to the investors what the USP of the product or service is. What problem does it solve? What the founder’s stories are. Why they will succeed. What is the competitive landscape? And what expectations investors should have for the downside and upside.


    How to Pitch Investors for your business | Mistakes to Avoid
    For any business start-up, the most crucial step is to organize funds for takingthe business forward. Arranging for funds, however, can become a nightmare formany entrepreneurs. Being an extremely important part of establishing asuccessful business, even minor mistakes made while presenting your …


    Siddharth Kothari – Best Way to Divide Equity Among Founders

    Siddharth affirms that this depends on the companies. Co-founders should own a significant chunk so as to not over dilute themselves by the time they are done with seed, angel, and Series A rounds. If it is a single founder, they should look for adding one more founder, and if there are already three founders, they should look not to add another. Generally speaking, there are exceptions, such as Infosys, amongst India’s greatest tech companies had six co-founders. Other than founders, deal leads or mentors should also have an equity incentive and there should be an ESOP pool for early and key employees.

    Siddharth Kothari | Chief Investment strategist at Om Kothari Group
    Siddharth Kothari | Chief Investment strategist at Om Kothari Group

    Siddharth acknowledges that founders should not look for keeping maximum equity but optimum equity while negotiating with investors. This is because the investors should also be incentivized with enough skin in the game to add value to the startup. Instead of accepting capital from any investors giving good terms, founders should raise smart money where the investors bring in advantages other than just money. This could be industry know-how, connections to distributors, etc.

    Covid19 is a black swan event. We feel comfortable buying equity in companies with virtually debt free balance sheets flushed with cash as they’re highly likely to survive the crisis and thrive when normalcy returns. They will also benefit from gaining market share of the many mortalities most sectors will mourn.  – Siddharth Kothari, Chief Investment Strategist, Om Kothari Group

    Siddharth Kothari – 3 Private Companies to Invest in

    We asked Siddharth if he would like to invest in 3 Private Companies of his choice today, at a valuation of his own choice, what will they be and why?

    • Impossible Foods (USA) – As they are majorly impacting the plant-based food revolution being led by Beyond Meat, Very Good Butchers, and other vegan food companies
    • Oatly (Sweden) – As they have taken on and are beating the giant dairy industry by leading a massive and important migration towards plant milk in a global manner.
    • Paytm (India) – As they have spearheaded India’s digitization movement and are pushing our country towards digital transactions which is the future

    Siddharth Kothari – Indian Startup Ecosystem

    Siddharth really wishes that Founders and VC’s in India should understand the importance of constantly experimenting, failing, and keeping at it. Actually, startups tend to be at risk-averse because of the fear of failing. But failing is important to keep learning and evolving. Of course, the failure should not cause such a large financial loss that no one can’t survive. But take small losses so that anyone can live to make more. And through these failures and experiments even if one works out well, it can be more than makeup for the duds.


    List of Angel Investors in Bangalore [With Contact]
    Bangalore, the silicon valley of India, is one of the most famous Indian citiesfor entrepreneurs. In this post, we have listed some of the most prominent angelinvestors in Bangalore whom you can reach out to. You will get to know abouttheir background and the sectors they like to invest in. You …


    One of the largest companies in the world, Amazon, become such a success because of its willingness to constantly experiment, many of which didn’t work as the Fire Phone. But the ones that did like Prime and AWS made history. Same for Google which failed with Google Glass bit hit big with Google Maps.

    Siddharth Kothari – Recommended Tools and Books

    • Screener and MoneyControl are good to monitor and track listed companies.
    • Ken and MoneyLife are great investigative publications that dig deep into their stories.

    Some of Siddharth’s favorite books that have influenced him in a better way are:

    • Poor Charlie’s Almanack by Charlie Munger
    • Fooled by Randomness by Nassim Nicholas Taleb
    • The Dhandho Investor by Mohnish Pabrai
    • Zero to One by Peter Thiel
    • How to Win Friends and Influence People by Dale Carnegie.
  • What are Startup Accelerators and Are they worth it

    There are several stages involved when we think of a business idea. Funding, labor, target audience, pitches and the list goes on. Every startup has a pre-success story. Some of the greatest startups have taken birth in their founder’s garages, some in a friendly gathering, and some with a simple vision of providing what is lacking.

    Startups are everywhere. Every sector of the ecosystem has an emerging startup and is gaining ground with national and international funding. Sometimes, an amateur entrepreneur might come up with a really good idea but might not know the path towards execution. Or talk about an experienced player launching a new product but doesn’t know who to target.

    There are institutions like angel investors, incubators, accelerators, and funding companies who are then a resort these new entrepreneurs run to. These institutions help the startups primarily with fundraising, polishing their products, and making them market-ready.

    Difference between Incubators, Angel investors, Accelerators
    What are Startup Accelerators
    Are Startup Accelerators worth it
    Startup Accelerators around the world
    Indian Startup Accelerators
    FAQ

    Difference between Incubators, Angel investors, Accelerators

    Were going to contemplate which of these institutions are best suited for startups. Let us find out what distinguishes them from each other.

    So as we distinguish between these institutions, we find that each of them differs in the style of investment, mentorship, and education. Incubators and angel investors are along similar lines. In this article, we will be diving deep into how accelerators work for startups and how they contribute to their success or failure.

    What are Startup Accelerators

    Startup accelerators, also known as seed accelerators are short-term mentoring programs. They are cohort-based, that help emerging companies to deseed their ideas into a fruitful selling product or service. They also include educational guidance and financial backup.

    They basically pull in all the components and aggregate them for the startup to get it up and running. Startup accelerators aim to solve basic challenges like fundraising and mentorship with the help of cohorts.

    Are Startup Accelerators worth it

    The accelerator base in the global ecosystem is large enough to confirm that accelerators are giving the required knowledge and momentum to launch themselves in the cut throat competitive market. Acknowledging this very fact, many large companies such as Microsoft and Jio Infocom are launching their own accelerator programs.

    Startups are the future of the every thriving economy. And accelerators are the driving force that is helping these startups gain new grounds in terms of capital, market study and product launching.

    The follow ups in the accelerator programs guide these startups to further gain momentum and propel towards larger goals. Hence, it is safe to say, that start up accelerators are absolutely worth it.

    Percentage of accelerators offering different forms of business support
    Percentage of accelerators offering different forms of business support

    Startup Accelerators around the world

    Startup incubators and accelerators have a vital role in the making of a successful company. From working space, mentorship to fundraising, accelerators give it all to the startups to embark on their success journey. Here’s a quick glance at the world’s top accelerators.

    Y Combinators, USA

    Y Combinators is considered the supreme accelerator in the world. Founded in 2005, by Paul Graham, Y Combinators has funded 2000 plus startups including Dropbox, Stripe, Airbnb, Instacart, Twitch, Coinbase, Reddit, and Weebly.

    Among the 13000 applications on the internet every year, Y Combinator selects about 200 to 240 projects to work on. In their biannual 3-month training program, relocates you to silicon valley to work closely with their team and encourages further investments in your startup. In terms of investment, they give $150000 in exchange for 7% equity in the startup.

    TechStars, USA

    TechStars is a worldwide network, with a presence in 15 countries, which is known for accelerator programs that have produced 1000 plus companies valued at 8 billion. Uber, DigitalOcean, Twilio, and SendGrid are amongst a few startups which are a result of the accelerator venture capital fund, TechStars Venture.

    The TechStars Global Entrepreneurship Network is spread across 15 countries which provides startups with networks, mentors, consultants, investors, and more. They give a $100000 convertible note out of which TechStars contributes $20000 in return of 6% equity.

    500 Startups

    Located in San Francisco, California, 500 Startups was founded in 2010 with a goal to support emerging entrepreneurs worldwide. A capital venture managed by 150 employees from 20 countries around the globe, spreads investments in 70 plus countries.

    They have aided firms such as Apple, PayPal, Google, Facebook, Instagram, YouTube, Yahoo, LinkedIn, and Twitter with mentorship and functional wisdom. They offer a 4-month seed program with a $37000 participation fee which unlocks access to networks, investors, and free workspaces. They provide $150000 in exchange for 6% equity.

    Indian Startup Accelerators

    Today, India alone has more than 70 startup accelerators spread across the country. Revxx Accelerators, BLS Accelerators and India Accelerators are a few who are putting themselves up on the map.

    The founder and Managing director of India Accelerators, Ashish Bhatia, in an interview with Inc42 said, “Accelerators play the role of an aggregator and bring all the components together to provide support to startups to grow at an accelerated pace and increase their overall chances of survival.”

    Industry veterans believe that most startups have a chance of failure in the early stages of execution with little or no knowledge and depth of the market. Accelerators then, help these companies to strategize and pushes them towards pragmatic solutions.

    “Though entrepreneurs are primarily blamed for their failures, it is an equal responsibility of the accelerator to gauge its own potential in supporting a startup that requires a strong go-to-market (GTM) strategy to sustain the business,” says Riya Aggarwal, CEO of BLS Accelerator, a startup accelerator based out of Delhi.

    Venture Catalysts

    Venture Catalyst is India’s largest and the first start up accelerator. HomeCapital, Go Mechanic and Global esport are a few noteworthy mentions of its investments. Founded in 2006, Venture Catalysts offer $50000 to $1 million worth investment to emerging companies.

    Collaborating with Microsoft, Amazon and IBM, it conducts seminars and monthly workshops for budding entrepreneurs in major cities of India as well as cities like Hong Kong, London and Doha.

    Startup Boot camp, Ignite, Melbourne Accelerator Program and Metavallon are also among the top startup accelerators around the globe providing hands-on training and equity options to emerging companies.

    FAQ

    What is the difference between an incubator and an accelerator?

    Accelerators focus on scaling a business while incubators are often more focused on innovation.

    How do startup accelerators make money?

    Accelerators usually provide seed investment for each startup for an equity stake in the company.

    What are the best accelerators?

    Y Combinator, Techstars, 500 Startups, Venture Catalysts, StartupBootCamp are some top accelerators.

    Conclusion

    The follow ups in the accelerator programs guide these startups to further gain momentum and propel towards larger goals. Hence, it is safe to say, that start up accelerators are absolutely worth it.

  • Rajan Anandan: Former VP at Google and Angel Investor

    Rajan Anandan is an Indian businessman, who served as the Vice President of Google India. His took up the role of Managing Director of Google across India and South East Asia in August, 2011. He co-founded the first seed fund of Sri Lanka. Currently, he serves as the Managing Director of Sequoia Capital India. Prior to all these, he also held leadership roles with the well known firms Microsoft and Dell. Rajan was also a partner with McKinsey & Co. He is also an Angel Investor in early stage startups.

    Rajan Anandan- Personal Life
    Rajan Anandan- Education
    Rajan Anandan- Professional Life
    Rajan Anandan- Google
    Rajan Anandan- Angel Investor
    Rajan Anandan- Sequoia Capital
    Rajan Anandan- Recent Facts

    Rajan Anandan- Biography

    Name Rajan Anandan
    Born 1966
    Birthplace New Delhi, India
    Age 54 (2020)
    Nationality Indian
    Education Massachusetts Institute of Technology; Stanford University
    Profession Businessman, Investor, Executive
    Position Managing Director at Sequoia Capital
    Net worth INR. 70 Crores (2020)
    Parents V.S Kumar Anandan
    Marital Status Married
    Children 2

    Rajan Anandan- Personal Life

    Rajan Anandan was born in 1966 in New Delhi, India. He lived in India for a short while and moved to the USA for higher studies. He was a bright student and displayed an interest in the technology development field. He is married and has two children. He loves to read books and play Golf.

    Rajan Anandan

    Rajan Anandan- Education

    The Rajan Anandan education resume is filled with very prestigious colleges abroad. He completed his primary education from a private school in New Delhi, India. He then moved to USA and pursued a BSc. in Mechanical Engineering from Massachusetts Institute of Technology. He further studied Msc. in Manufacturing and System Engineering from Stanford University.

    Rajan Anandan- Professional Life

    Rajan Anandan is a businessman, Angel Investor and Executive from New Delhi. He provided support to varied startups as an Angel Investor. He partnered with McKinsey firm from 1992-2003. He eventually gained a good knowledge and experience of the corporate world.

    He served as the General Manager and Vice President at Silicon Valley based, Dell Inc. Country during 2001-2008. Post 2008, he worked for two years as the Managing Director at Microsoft India.

    He then worked for Google India and looked after the Google operations across South Asian Businesses from 2011-2019. He gave up his job at Google India and joined venture capital organisation, the Silicon Valley-based, Sequoia Capital in 2019.


    Microsoft launches Back2Business Solution Boxes for SMBs & Startups
    During the ongoing coronavirus crisis, Indian SMBs (small and medium businesses)are facing various challenges in running their operations smoothly. Thesechallenges include access to remote working solutions with secure and scalableenvironment, disaster recovery and advanced security with device m…


    Rajan Anandan- Google

    Google Logo

    Rajan Anadan started his job at Google in 2011. He managed to build an internet ecosystem for Google. His leadership and entrepreneurial zeal helped him to raise overall internet ecosystem in India. He drove more growth to Google India and revamped the internet ecosystem for the organisation. After contributing for eight years, he ended his position of President at Google Asia Pacific in April, 2019 and Vikas Agnihotri replaced him on the intern role as the Managing Director.

    Rajan Anandan- Angel Investor

    Rajan Anandan has invested on various startups such as, Bangalore-based online lingerie venture Buttercups, Pregbuddy, Druva, Capillary Technologies, Unacademy, TravelKhana, EasyGov., Instamojo, WebEngage, BOV Capital and more. He has invested and gave support to around 80 start-ups until now. He is planning to invest $1.5 million in startups of South Asian countries.

    | Companies invested by Rajan |
    |—|—|
    | Rapido |
    | Pregbuddy |
    | Druva |
    | InnovAccer |
    | Little Black Book Delhi (LBB) |
    | Unacademy |
    | Dunzo |
    | Zenatix |
    | WebEngage |
    | Instamojo |
    | CroFarm |
    | LetsVenture |
    | Indifi Technologies |
    | POPxo |
    | Mypoolin |
    | Mapmygenome |
    | Leflair |
    | MyUpchar |
    | SocialCops |
    | ButterCups |
    | Inclove |
    | TravelKhana.Com |
    | Appknox |
    | Lucideus |
    | InstaLively |
    | Dataweave |
    | Wishberry |
    | AppViralty Inc Explara |
    | Frrole |
    | Avaz |
    | Omnify Inc |
    | Karza Technologies |
    | STREAM.com |
    | Smytten |
    | HashLearn |
    | Plackal-Maya |
    | Threadsol Pvt. Lmd. Software |
    | IOK Labs Inc. |
    | Social Blood |
    | Inc. Aurality |
    | Ciafo |
    | Innov8 Coworking |
    | Dazo |
    | Freshtohome |
    | Fulfil.IO Inc. |
    | Chaska |
    | Monsoon CreditTech |
    | EasyGov |
    | MyShaadi.in |
    | Smartcooky. |
    | Capillary Technologies |
    | WebEngage |
    | BOV Capital |


    List of Angel Investors in Delhi [With Contact]
    Angel investors are sometimes marked as Private investors or Seed Funders.Though known by different names, their main aim is to invest in startups or newventures, thereby helping them to grow and create a presence in this dynamicenvironment. If you are looking to get an insight about Angel Invest…


    Rajan Anandan- Sequoia Capital

    Sequoia Logo

    Rajan Anandan joined the funding task through Sequoia Capital India, which is a non-profit organisation. He is the Managing Director at Sequoia Capital. He basically acts as an investment advisor and mentor to the world’s top scale-up program ‘Surge’ for startups. Surge is a program for a rapid early progress for startups by providing access to capital, talent, network and company building knowledge. Rajan’s deep understanding of technology and experience in expanding the internet ecosystem will eventually raise the amount of acceptance among customers and businesses. This will advance innovation while building a multi-billion dollar business that continues to grow very fast.


    Blockchain Start-ups In India
    The banking sector has modernized and tried to deal with all types of hindrancesin transactions, leakages and ease of process utilising internet. Digitalpayments have almost ended the sluggish and orthodox process of physicaltransactions. It just takes few minutes to do the payments using credit/…


    Rajan Anandan- Recent Facts

    • Rajan came into the limelight in the year 2019, when he resigned his designation from Google India.
    • He is gradually building his profile as an Angel Investor.
    • Most recently, there was an investment of INR 100 Crore to BOV Capital by Rajan.
    • Rajan provided his major investments in TravelKhana, EasyGov, Instamojo, and WebEngage.
    • Moreover, Rajan mostly focuses on tech startups.
    • He usually posts various startup articles across various social media platforms.

    Frequently Asked Questions- FAQs

    What is Rajan Anandan net worth?

    The net worth of Rajan Anandan is estimated to be around INR 70 Crore.

    What is Rajan Anandan age?

    Rajan Anandan’s age is 54 years as of 2020.

    Is Rajan Anandan an angel investor in India?

    Currently, to help mentor new startups, Rajan Anandan is an angel investor in India.

  • An Insight into a Prop-Tech startup: Homzhub

    The world of the startup ecosystem is backed by the investors who work tirelessly to ensure that the companies face no issues related to establishing their mark in the big stage. Well, one of the main areas of the startup ecosystem is gaining popularity is the prop-tech startup circuit.

    Well, today, we are going to discuss the Singapore-based prop-tech startup named Homzhub. The main agenda of this company is to help investors seamlessly invest as well as manage properties through Homzhub.com in India and Singapore. Let’s have an insight into a Prop-Tech startup: Homzhub.

    Quick Facts – Homzhub

    Company Name Homzhub
    Headquarter Mumbai, India
    Sector Real Estate Services
    Founder Harish Taori
    Founded 2017

    An Insight on Homzhub

    Now, recently the company has announced its foray in elected Indian cities to help the investors to seamlessly invest as well as manage properties through Homzhub. The funds will be deployed to enhance the company’s technology platform, which has gained some popularity due to the increase in the dependency of the online sector during recent months.

    In India and Singapore, the landlords spend a huge amount of money and valuable hours on finding the properties to invest, then renting and managing them without any sort of deep insights on their financial performances. This experience is very stressful especially when the landlord is not in the same city and does not have any reliable person to guard the functioning of the rented house. Now, this issue has been addressed by Homzhub!

    As per Mr. Bharat Mandloi, who is a serial entrepreneur and a veteran investor, he exited his real estate investments in India because he faced humongous challenges in managing his assets. The functioning of the industry is opaque and grappling with issues like loss of confidence in property developers, lack of trust, and questionable ethical standards of intermediaries. At present, according to Mr. Bharat, the industry in the country is ripe for disruption.

    An insight into a Prop-Tech startup: Homzhub
    Homzhub Logo

    Well, amid chaos, Homzhub observed an opportunity to transform the landlord’s experience by bringing together the technical, financial, and logistical solutions. Homzhub’s real estate assets and tenancy platform empower the landlord with knowledge. Transparency, and ease of remote management of properties portfolio across countries. The company has a deeper understanding of India and Singapore’s markets. Hence, Homzhub delivers seamless transactions and professional management of properties in a tax-efficient manner.

    Real Estate Business Ideas you can start in India
    The business of real estate is serious business and today, it is almost become agold mine. Truth be told, there are many entrepreneurs[https://startuptalky.com/tag/entrepreneurs/] who have tapped into it and aremaking millions. People are always on the lookout to buy houses and buildingsand are …

    How Homzhub is Changing the ways?

    According to Jaideep Nikam, a member of the Board of Directors at Homzhub, the company’s cross-border real estate investment and management proposition address a key concern of the ever-growing geographically mobile generation. It also covers the key concern of the ever-growing geographically mobile generation. Apart from that, Homzhub satisfies the customer’s deeper need for diversified wealth creation and at the same time, it generates work for the local vendors enabling the economy to prosper sustainably.

    Talking about the team, a strong culture of Integrity, Transparency, and Mutual Respect and a highly energized young team has made sure that the performance is highly efficient and the team caters to the need of its clients well.

    An insight into a Prop-Tech startup: Homzhub
    Founder of Homzhub – Harsih Taori

    The team of Homzhub also aims to build a cutting edge technology platform and evolutionary business model to nurture a harmonious ecosystem, where the landlords, tenants, developers, and real estate agents execute property transactions in a highly efficient manner with complete peace of mind. The company has a strong focus on respecting the privacy and ensuring the protection of consumer data and hence, Homzhub has been making headlines within a short period.


    Presently, the company has an aggressive roadmap of 100,000 user sign-ups by the end of the year and it will be expanding its sales and support the presence of other cities with Bangalore being high on priority. Now, the team of Homzhub has been working on the plans to expand its footprint across the country to become a pan-Indian player within three years.

    List of Real Estate Startups in India
    Now a days, every startup provides services at your doorstep. You can haveanswers for all your problems with few clicks on internet. Now technology has made this easy. You can have all information related toproperty with few clicks on internet. Real estate industry is using enhancedtechnologies…

    Homzhub Revenue of Previous Quarters

    An insight into a Prop-Tech startup: Homzhub
    Homzhub Revenue of Previous Quarters

    Importance of a Company like Homzhub

    Homzhub is one of its kind. It has been making a mark on that aspect of the startup ecosystem which was untouched and hence, has been successful in a short period. Now, with a growing need for real estate and prop-tech startups, Homzhub is the front runner and the face of the genre in the Indian startup ecosystem. Hence, a company like Homzhub is vital for the startup ecosystem.