Startup Funding Consultants In Mumbai.
“O heart, it’s tough to live here, move a little, be careful,
it’s Bombay, my dear.”
Even Mohd Rafi in his ‘Ae Dil Hai Mushkil Jeena Yahan” made sure you know that it takes courage and caution to sustain a living in Mumbai. But what if you are a bender of rules, you don’t want to sustain a living. You want to build an empire.
The city of dreams, rains, vadapav and… well finance!
Mumbai is a densely populated city on India’s west coast. A financial center, it’s India’s largest city.
Mumbai generates 6.16% of the total GDP] It serves as an economic hub of India, contributing 10% of factory employment, 25% of industrial output, 33% of income tax collections, 60% of customs duty collections, 20% of central excise tax collections, 40% of India’s foreign trade and ₹40 billion (US$560 million) in corporate taxes. Along with the rest of India, Mumbai has witnessed an economic boom since the liberalization of 1991, the finance boom in the mid-nineties, and the IT, export, services, and outsourcing boom in the 2000s. Although Mumbai had prominently figured as the hub of economic activity of India in the 1990s, the Mumbai Metropolitan Region is presently witnessing a reduction in its contribution to India’s GDP.
So what does it take to build a startup in the finance capital of India? Guts? Gall? Ambition?
Well ironically even in the “finance” capital, first comes the finance and funding.
And who will help you avail this funding? That’s is exactly where a startup funding consultant comes to rescue.
But first, who is a Startup Consultant?
Someone who can help you find all the solutions to your queries regarding startup. Who concentrates on how a startup can develop utmost funding and build a steady line of investment
The startup funding consultancy model is based on the understanding of the market deeply. And hence should be handled by someone who has a grip on the current finances as well as be passionate about startups.
Starting a new business is one hell of a task that requires courage and devotion to make an indication into a reality. It is not for the faint-hearted for d Entrepreneurs face many challenges while creating their startup, but the biggest of these is acquiring funding to support the startup. Even when young startups find investors who are willing to invest in their ideas, it is difficult to decide what type of investor is right for the specific model and which investor has the best expertise for the entrepreneurs’ startup model. Startups should rely on experts during the initial stages of business as one wrong step can result in a huge loss whether monetary or reputable. Startup funding consultancies act as bridges between startups and investors who can best support them. They act as matchmakers for startups and investors.
Since the age of globalization, metropolitan cities have been hubs of commerce and business. People often migrate to these cities looking for opportunities to succeed. This has been possible due to the presence of innovative entrepreneurs, wealthy investors, and efficient startup funding consultancies that have linked these former two.
But still why should you consult one, what benefits does that get you?
a. Legal Consulting
b. Pitch Decks
c. Key Performance Indicator (KPI)
g. Business Advisory
Now, one might say that what is the use of a funding consultant when they can approach an investor directly.
Here is why,
Everyday investors are inundated with pitches from startups asking them to invest in their company. However, the process of getting selected is based purely on luck. Also, startups are new in the business and they may struggle to find out the right investor for their startup. Consultancies have a rich and vast network of investors that they interact with regularly. Investors communicate their needs to the consultancies and they respond by connecting them to the best startups according to their requirements. There exists a relationship of trust between the investor and the consultancies giving the referred startups an edge over those that approach the investors directly.
And what different types of investors that consultancies can connect startups to?
Angel Investors are investors who are willing to fund small-scale operations such as seed rounds and beyond. They are relatively flexible in their funding and have a lot of value and wisdom to offer to the new startups.
. Accelerators and Incubators are vehicles that organize various programs where startups can participate and earn the funding to cultivate their idea and gain traction. These programs can help introduce startups to various investors and even gain valuable knowledge for their company.
Venture Capitalists are large scale investors who provide monetary investment to startups. They help startups acquire market value and monetary strength in later rounds of fundraising competitions.
Corporate Investors are the big corporations that invest in startups. Many big organizations have investment branches that fund and promote startup growth.
Finally, What are the roles and responsibilities of a funding consultancy?
a. Create a dense network of investors based on trust and communication
b. Find startups looking for funding
c. Research on the different types of investment models
d. Pair the startup with the right investor
What are the advantages of starting a startup consultancy?
a. Extensive network of clients, both startups and investors.
b. Creating a niche for advising and helping startups raise funds
c. Immense growth and expansion opportunities
d. In-depth market knowledge
Now that you are well versed with the idea of startup consultancy. We are sure you would start searching left, right and center for one, but why take so much of work load when we are always there to help!
Intrigued by the idea of funding consultancy and have some more question?
Or you are interested in getting in touch with one?
We are here to listen,