A couple of months ago, I found my jaw hitting the floor during a start-up pitch. The founder of an early-stage B2C startup revealed that he had previously raised a family and friends’ round of the princely sum of 5+ crores (~$900k). That capital was exhausted in less than 18 months; the monthly burn was […]Read More Family & Friends – Please Save Your Capital!
In the past several weeks, I have been astonished at the size of seed rounds that founders expect to raise in their first round. My jaw hits the table when a founder blindsides me with requests to raise seed rounds of $1 million to as high as $3-4 million!* These are the start-ups that have […]Read More The art of how much to raise
Time and again, I have warned early-stage founders to steer clear of using the services of a banker to help raise money but unfortunately, that pandemic has overrun our ecosystem. Many bankers have made a comfortable lifestyle out of fleecing unsuspecting founders. The false dream that these 1-star bankers promise founders make my skin crawl, […]Read More The Investment Banker Pandemic
A marked increase in the number of angel investors joining the ecosystem has led to a problem of plenty for many angel networks. Most of them boast of having hundreds if not thousands of investors spread across the globe. The problem of too much capital chasing too few deals led to a drop in the quality of deals that were/are getting […]Read More The Paripassu is Killing Investor Interest
Firstly, I want to thank all the people that have taken the time to reach out with words of encouragement for Artha Venture Fund – I. I have been trying my best to reply to each person individually but if I have missed you out, please do know that your encouragement means a lot to […]Read More KISS for Your Customer
After what seems like a lifetime, I am happy to announce that Artha Venture Fund-I (AVF-I) is officially an Alternative Investment Fund (AIF) after SEBI’s grant of the approval. Our team is ecstatic about receiving this news and we are currently working on the final leg of processes, i.e. signing up Limited Partners (LPs) that […]Read More It’s Official, AVF-I is Finally Here!!
Artha has been a leading investor in the Indian travel scene and they are just getting started!Read More Why Artha has Hopped Aboard the Travel Train!
There is a growing set of investors who believe that their investment has bought them the right to turn the founder into a general manager and the business is now their personal fiefdom where they will apply any tactic they wish to choose without any real strategy behind those tactics. This is possible only because […]Read More How much is too much
Two weeks back I was sitting in on a pitch wherein a healthy snacks company was looking at raising its seed round from us. The company was yet to launch its products in the market, but the team had the requisite experience and plan to get the venture off the ground. The company checked all […]Read More Investor Alert: Founders are Using Investor Math Against Us!
There is a worrying trend that is growing in my email & linkedIn inbox i.e. the rise of “boutique” investment bankers representing startups that are raising their first round of investment capital. What use does a banker serve at seed stage? I am not against the idea of hiring investment bankers to facilitate transactions (Artha […]Read More To Banker or Not To Banker