In the first of a series of Guest Lectures on Start Ups, Mr. Deepak Maheshwari informed the students about Start Up Financing. He is the CEO of Jindagi Live Consulting and is an angel investor as well. His lecture began with a glimpse of Indian economy and the significance of startups.He provided an overview of the various initiatives, policies and amendments made by the government to encourage start-ups. Further the sources of financial aid that Start-ups may avail of were detailed. He also shared a list of industry sectors that hold the best potential for start-ups.
Mr. Maheshwari explained the funding phases associated with start-ups as; Seed Funding, Angel investing, accelerator funds and Private Equity/Venture Capital. He shared the recipe for creating a winning Pitch Presentation by Start Up founder/s to funding agencies which should comprise of 1)Vision & Value Proposition 2) The Problem Statement 3) Target Market & Opportunity 4) The Solution 5) Revenue Model 6) Roadmap 7) Marketing Strategy 8) Team 9) Competition 10) Financing Remit & Use of Funds.
The students found the guest lecture most enlightening and were felt encouraged in their entrepreneurial dreams. Among the audience of 60+ students, more than half of them expressed their desire to launch their own entrepreneurial venture after graduation.