Startup Funding Consultants, Kolkata

Kolkata, the capital of India’s West Bengal state. Founded as an East India Company trading post, it was India’s capital under the British Raj from 1773–1911.

Today you know Kolkata for it’s grand architecture, food and well…. Of course for Durga puja.

But here is a lesser known fact, like how sartups have entered every nook and corner of the country, it has not deprived Bengal of it’s presence too.

Technology has not only disrupted daily lives but has also broken through cultural biases in many parts of India. This is best seen in West Bengal, which has gone from a state where the best talent migrated to other tech hubs of the country and the world, to a place where startups are working to change the game on the ground and tackle the problems that are intrinsic to the state’s economy.

Kolkata even though a materialized a true flagbearer for the West Bengal startup ecosystem, a number of creative startups are also emerging from cities like Siliguri, Durgapur and Asansol.

Naturally when you are based at a growing startup hub, you need proper guidance and advice to make sure you also developed hand in hand with the with the growing startup ecosystem.

What is startup consultantsy and why you need it?

No matter how independent one is there are always a few things you need assistance with, you cannot expect yourself to do everything on your own. Sometimes we lack knowledge and expertise in certain fields and in those cases there is no harm in checking up with expert advice

person that can aid you find all the solution to you queries regarding startup. Who concentrates on how a startup can develop utmost funding and build 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 Entrepreneurs face many challenges while establishing their startup, but the biggest of these is amassing 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. It is best for startups to 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. 

There is no hidden truth about the fact that people migrate to metropolitan areas in search of better opportunities. But this migration often has it’s own drawback as well, due to the increase in no of entrepreneurs there is always a fear of saturation in the market. Hece, one might have to strive a little harder when it comes to grabbing investors attention.

But how exactly will a consultant help you?

 A startup consultant has a number of benefits for you, but to list a few, He/ she can aid you in-

a. Legal Consulting

b. Pitch Decks

c. Key Performance Indicator (KPI)

d. Valuation

e. Investor

f. Negotiation

g. Business Advisory

But the question is if you can reach a investor on your own why should you even hire a startup consultant.

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.

 The different crow of investors that you will be connected to-

 There are mainly 4 types of investors and a Startup Consultant makes sure that you get clout from all the four footfals. This includes

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.

  So we come to the takeaway from the article, but what exact role does a startup consultant play?

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

Now, if you were a Startup Consultant, there is a chance that you already knew the above mentioned things. But what advantages does this field hold for you?

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

We have enlightend you with everything and anything that you needed to know about a Startup Consultant but Humans are curious being and it is very natural if you still are left with your own doubts and skeptics.

Intrigued by the idea of funding consultancy and have some more question?

Or you are interested in getting in touch with one?

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