We help to get Funding for your Startups
Startups funding is Important part of growth & Success. Write a professional business plan for your Startups. Raising funds for your startup is crucial to success. These best practices to fund your startup will help you create an effective pitch.
We have investment bankers who can help you raise funds. Even the best ideas needs funds
A well-written and convincing business plan (and pitch) presents your business to investors in detail; but they are investing in your business, not just a plan.
Angel investors are wealthy individuals or groups who fund startups, typically in the form of equity financing
Government backed ‘Pradhan Mantri Micro Units Development and Refinance Agency Limited (MUDRA)‘ starts with an initial corpus of Rs. 20,000 crore to extend benefits to around 10 lakhs SMEs. You are supposed to submit your business plan and once approved, the loan gets sanctioned. You get a MUDRA Card, which is like a credit card, which you can use to purchase raw materials, other expenses etc. Shishu, Kishor and Tarun are three categories of loans available under the promising scheme. Learn more about MUDRA.
SIDBI – Small Industries Development Bank Of India also offer business loans to MSME sector.
If you comply with the eligibility criteria, Government grants as a funding option could be one of the best. You just need to make yourself aware of the various Government initiatives.
Read about Indian government’s Startup India Action Plan.
Indian government has also announced Atmanirbhar Bharat package to fight covid-19 situation.
There are few more ways to raise funds for your business. However, these might not work for everyone. Still, check them out if you need quick funds.
Product Pre-sale: Selling your products before they launch is an often-overlooked and highly effective way to raise the money needed for financing your business. Remember how Apple & Samsung start pre-orders of their products well ahead of the official launch? Its a great way to improve cash-flow and prepare yourself for the consumer demand.
Selling Assets: This might sound like a tough step to take but it can help you meet your short term fund requirements. Once you overcome the crisis situation, you can again buy back the assets.
Credit Cards: Business credit cards are among the most readily available ways to finance a startup and can be a quick way to get instant money. If you are a new business and don’t have a tons of expenses, you can use a credit card and keep paying the minimum payment. However, keep in mind that the interest rates and costs on the cards can build very quickly, and carrying that debt can be detrimental to a business owner’s credit.