Founders contemplate whom to approach for funding, while investors consider where to allocate their investments. When one should seek funding or refrain from it is an individual choice. There are no definitive answers to any questions; it's always subjective and often seasonal.

It was an enriching meetup eChai Ventures on very apt topic #funding - learning about this from the best Milapsinh Jadeja sir ,Umesh Uttamchandani sor @mihir joshi sir GVFL Limited , Dheeraj Bhojwani sir !!

Many congratulations to Jatin Chaudhary for completing 15 years to eChai Ventures journey and hosting the show!

Friends and family are typically the first investors in your vision, and early-stage startups often receive initial investments from them.

• Bootstrapping: Self-funding the startup with personal savings or revenue.

• Seed Funding: Initial capital from friends, family, or angel investors.

• Series A, B, C Funding: Increasing rounds of financing from venture capitalists as the company grows.

• Bridge Funding: Short-term financing to sustain operations between major funding rounds.

Pros of Funding:

• Accelerated growth potential.

• Access to expertise and networks of investors.

• Ability to scale operations rapidly.

Cons of Funding:

• Pressure to meet investor expectations.

• Dilution of equity.

Are you part of startup ecosystem?
And which stage you are into , bootstrapping, seed funding, more round of funds , Bridge funding or other??

I am just truly love the energy of all the founders !!

Pankaj Bhimani Ekta Shah Mitesh Shethwala Himani Kankaria Harshal Trivedi Yash Mehta Amit Panchal Nikita A Macquinn Harsha Bhurani Satya Mehta Novin Jaiswal Viraj Rajani Niraj Harlalka Bhavik Makwana Shreyans Panchal 

I am excited to launch my very first "ReSchool Podcast" episode with Abhishek Desai, founder of CricHeroes, and Jatin Chaudhary, co-founder of eChai Ventures. 

Together, we explore innovative pathways for transforming schooling in our digital era as we dive deep into education, entrepreneurship, innovation, and reschooling. Stay tuned for real insights and inspiring stories!

An enriching weekend at IIMA Ventures at Indian Institute of Management Ahmedabad 🌱

Organised by eChai Ventures Delighted to be part of an insightful meetup featuring candid panel discussions with visionary founders and leaders. Reelo Quicko Iroller Capital Pvt Ltd Vishvajit Sonagara Milapsinh Jadeja Parin Sanghvi ☕️

The meetup showcased the passion and innovation of early-stage founders through inspiring open pitches. The networking session was equally rewarding, connecting with like-minded individuals, sharing experiences, and building valuable connections. 🙋🏻‍♀️

Grateful for the opportunity to be immersed in this dynamic entrepreneurial community!

People ask about weekends,

Your weekends can be worthy too if you are surrounded by the right folks, and for me, they are eChai Ventures and this is what echai friends do.

The day started with chit-chat about the business and was followed by an amazing lunch at Karnawati Club.

Attended an amazing echai demo day, where one friend pitched his new venture on the stage and another shared his success story.

58 Miles Rocks and AllEvents.in has been always inspiring.

Crazy fun weekend with craziness and productivity. Hope to have these keep coming in.

Jatin Chaudhary Pankaj Bhimani Amit Panchal Umesh Uttamchandani Himani Kankaria Kumar Manish Koumal Kalantry Shrijay Sheth Leena Parikh Syed Nadeem Jafri Gaurav Barot

Gained invaluable Insights and Inspiration from the latest eChai Startup Demo Day at IIMA Ventures in Ahmedabad.

On this Saturday I had attend Echai meet up for Start up enthusiasts, and it was awesome experience with innovation ,collaboration and potentials, from dynamic pitches to engaging discussion ,the event was full of entrepreneurial spirit.

There are many founders who represent their product and ideas. one founder introduced FMCG product app for fastest delivery service and highlights the emergence needs of online delivery services. on the other side the founder focusing on the travel bag product.

In Addition the founders of Smytten also shared invaluable insights into strategic approach and their journey to success. Overall, the eChai meetup served as a phenomenal platform where investors, start-up founders, and industry professionals meet to discuss emerging business opportunities and exchange knowledge.

This event helped me in fuelling my passion for innovation and Entrepreneurship.

At Ahmedabad University's eChai meetup, hosted by the university's incubation center, I had the privilege of engaging with a panel of entrepreneurs who had appeared on Shark Tank India.

They candidly shared insights into their experiences on the show, revealing the realities behind the scenes, the impact of the exposure, and the invaluable feedback they received from the sharks. Additionally, they delved into their ongoing challenges and future plans for their ventures.

Their narratives of resilience and determination in overcoming obstacles were truly captivating.

The distinguished panelists included Raj Shah Co-Founder of WeHear; Payal Pathak and Soham Payal Pathak Co-Founders of The Simply Salad; Nayan Shah Co-Founder of Maisha Lifestyle; and @illesh sharma Founder of Same Notification.

Here are few notable takeaways from the discussion:

I extend my gratitude for the opportunity to participate in these enriching events and to connect with these inspiring entrepreneurs.

Special acknowledgment goes to Jatin Chaudhary from eChai Ventures for orchestrating such impactful conferences that unite our startup community.

Though I'm not much of a television serial enthusiast, I do consider myself a #series kind of person. I've been captivated by "Shark Tank India" and am keen on exploring the US and UK versions soon. My interest in business and wanting to know more about new startup , ideas and founders led me to attend eChai Ventures meetings. 🌍 Yesterday, I attended eChai Ventures at Ahmedabad University.

There's a saying, "Seeing on TV is one thing, but experiencing it live is something entirely different." The difference between a reel and real life is truly fascinating! 🎥✨ #reelvsreal

I wanted to grow as much as possible and empower as many people as I could. The mantra was, "I don't just want a job for myself; I want to create jobs for many." - #onmyway #startofmyjourney 🚀

Founders who have made it to Shark Tank India, like Payal Pathak and Soham Payal Pathak of The Simply Salad, shared their journey at an e-chai panel discussion. 🥗 "Simply Salad" saw growth from 3k to 9k followers post-Shark Tank and currently boasts 53,000 followers. Inspired by diet and healthy food, the founders believe in the power of authenticity and storytelling. They thought expanding to more cities before appearing on Shark Tank would have been advantageous. 🌱 #healthylife #healthyfood #inspringjourney

In discussions about family support, the consensus is that, while we hope for it, it's often not forthcoming. It's usually a few close people who support you at the start. Social media presence and marketing are key.

Raj Shah from WeHear pointed out that a Shark Tank episode, which lasts 20 minutes on TV, may actually go on for 1.5–2 hours. The foundation of a company lies in its people. #pepole #team #investinpeople

"Why take a flight when you can travel in third economy?" This question underscores the importance of value creation and staying grounded.#staygrounded

This resonates with my personal belief that I don't need expensive gadgets for the sake of it. My journey from coveting an iPhone in school to now prioritizing investment in dreams, vision, and people reflects this ideology. 📱➡️🌟

Nayan Shah co-founder of Maisha Lifestyle, also shared their insights. Failures are seen as learning opportunities. The vision of a firm, like Maisha's aim of providing one bag to every woman, is critical for success. 🎒#vision #goal #learninganddevelopment Esha Shah

Ileshkumar Sharma, founder of Same Notification, shared insights on public perception, there's wisdom in focusing on constructive criticism and ignoring trolls with simple answers. Engaging too much with negative comments offers little benefit. 🛡️💬 #focus #crticism

If you've attended events, what inspired you, or what is your vision for business and startups? Let's discuss for mutual growth. 💡🤝

Thanks to Jatin Chaudhary eChai Ventures VentureStudio for arranging such a great event!!

I believe Valentine's Day holds special significance for every individual, as it's a day dedicated to love and spreading affection. Everyone assigns different values to Valentine's Day. Here's why it's meaningful to me: I found my calling on February 14th, 2022.

It was the day when I took the first step toward Hummingbird. I had been associated with Cadila, and on that day, I resigned from the company. After resigning, as I made my way home, I passed numerous flower shops and realized that after making that decision, it was fitting to treat myself to a bouquet on Valentine's Day. I love roses like crazy, so I asked the cab driver to wait for five minutes while I gifted myself a bouquet :D

Journey from the office to my flat was very difficult and I was feeling “ Aaj ghar kyun nahi aa raha hai” . I questioned myself, wondering if I had made the right decision or not but Abhi to decision le liya tha. I was feeling quite emotional that day as I went to meet everyone. Some of my colleagues seriously started crying and were saying, 'What is this nonsense? Why are you making such a stupid decision but boss samjh to aaya us din ki insaan to apan ache hai Harsha Bhurani :D

I decided to spend quality time with myself when I reached home. The first person I called was Sumita Sharma and I shared the entire scenario with her. It was challenging for her to accept, as she, along with my colleagues, knew I was expecting a significant appraisal after months of hard work. However, she supported me nonetheless.

That day was simply amazing, still, I can recall spending a peaceful evening, enjoying the sunset with a cup of tea, and dinner at my favorite Pav Bhaji place near IIM, Vastrapur.
Eventually, till that time, I gathered the courage to inform my parents about this news. My father was initially shocked but he asked if I was okay, which meant the world to me. I reassured him, saying I was celebrating my day with Pav Bhaji. And then, I concluded my day with a brownie, and you can see the sheer joy reflected in this picture:D

After a brainstorming session with myself, writing three different Harsha on sticky notes and pasted them on my wall. I decided to go with 'Harsha Pro', who wanted to start her own business.

Feeling unsure of my next steps, I called Jatin Chaudhary for guidance and asked if I could meet him, and he suggested meeting half an hour before eChai event at IIM later that evening. I was extremely excited to meet him because I never thought that day would come that soon. So when I met Jatin I said , “Abhi resign to daal diya hai immediate basis par, entrepreneur hi banna hai but pata nahi iske baad kya karna hota hai?

He explained various aspects of HR, training, and development, providing valuable insights and references.

And so began my rollercoaster journey with Hummingbird, which continues to this day. It's been a journey filled with challenges, triumphs, and failures, and I'm ready to build HummingBird whatever it takes.

I met my co-founder, Tuhin in 2008 at The National Institute of Design. At NID we teamed up for projects, eventually falling in love, our relationship sparked a realisation to Tuhin about the lack of menstrual education and the stigma surrounding it. My personal experiences and Tuhin's newfound understanding inspired us to address this gap. Leveraging our skills in communication and user experience design, we sought to provide trustworthy and accessible information on menstruation, recognizing its potential impact not only in India but also in other countries facing similar challenges.

In India, every year 1.2 core girls reach puberty. Since periods are a taboo, 85% of these girls would follow one or more restrictive customs.

1 in every 4 girls start to miss out on her school as she starts getting her periods . When a girl misses out on her education, she goes through systematic gender discrimination throughout her life. 

Also in schools, the chapter on periods comes much after the girls have started getting their periods. And in most of the cases teachers skip the topic. As they don’t know how to go about teaching about periods and puberty to their students,

Periods are a taboo in India. Tuhin and I saw it more like a communication design problem.

Menstrupedia Comics are now available in 17 languages and are being used by more than 25,500 schools as a part of their curriculum across India. Apart from India, the books are locally printed and published in 11 countries in their local language.

Tuhin and I are fundamentally different people with distinct skill sets, but when we work together, something magical happens. It's like we're yin and yang, complementing each other perfectly. Tuhin excels in product development, being very diligent in his approach. On the other hand, I bring strong research and people skills to the table. This is how we define our roles: Tuhin takes charge of all decisions related to product development and content creation, while I handle decisions regarding marketing and sales strategies for the book.

For the first time, BabyOrgano | India's First Dedicated Ayurvedic Baby Care Health and Wellness Brand went for the campus placement!!

This is something that I had on my bucket list forever. In a world, where every company is asking for some experience, we are willing to be the one who gives experience to the young talent.

My Co-founder, HR and our Digital Marketing Manager went to St Kabir Institute of Professional Studies, Ahmedabad and let me tell you, it was a great experience.

I never expected students to be so aware of marketing, business and startup culture. We had some good conversations with some of the smartest students I have ever met.

We learned a lot about Gen Z’s professional behaviour and their expectations from the corporate world.

All in all, it was a day of learning!!

We have met some talented individuals and we will be hiring some of them for the required roles.

We are excited to welcome them to our BabyOrgano | India's First Dedicated Ayurvedic Baby Care Health and Wellness Brand family and help them grow their skills and careers.

We believe in nurturing young talent and giving them the opportunity to work on innovative and impactful projects.

Also, we are grateful to the St Kabir Institute of Professional Studies for hosting us and being so welcoming and supportive.

Conversations going beyond businesses but all align to make businesses bigger n better.

It was fun being part of today’s eChai SaaS Social at Magenta Insights office.

One journey setting path for another journey. Problems/Challenges bringing people together for bigger - brighter and more productive solutions.

Thanks you

Vikas Mundhra

and

Jatin Chaudhary

! cannot miss to mention - the happiness bell  is such a motivating n cute thing. 

Entrepreneurs present are great minds bringing innovative solutions.

And we all sneaked in for a quick photo shoot. Looks fab. Great places designed for best working - Devx.

Cheers

Notes for founders raising funds for the first time

BabyOrgano has raised the funds from DevX Ventures.

During our pitches to various investors, we've recognized that the transparency of our business model and the founder's honesty have been pivotal in garnering positive responses.

Key pointers:

Do's and Don'ts of Fundraising for early stage founders.

Do's

- You should have a clear plan for atleast next 12 months that can be seen on excel sheet, which clearly shows, what this fund raise is going to achieve for you.

- Start the process 4-6 months before you actually need the funds

- Get an understanding of funds portfolio/thesis/decision making process by reaching their portfolio companies prior to pitching.

Don'ts

- Try not to mention about valuations untill explicitly asked. Do not become rigid on a number, try to negotiate and substantiate your number.

- Don't keep high hopes from 1 single investor, keep talking to multiple people at the time. But at same time be transparent about the options to them, whenever you start doing serious conversations on terms and stuff

- Do not mess your cap table with number of people, keep it as clean as possible, it makes your life much much more easy when raising next rounds!

I had an amazing Saturday evening at my second visit to the eChai Ventures venture hosted by Yash Shah bhai IIMA Ventures ! The meeting was structured crisply and clearly, starting and ending on time. 😊 

Many startup enthusiasts were present, grappling with the dilemma of pursuing a job or starting their own venture. The fear of financial security often looms large, with thoughts of placement and fixed salary cheques tempting many students. Reflecting on my own journey, I believe that while no timing is perfect, starting early towards your goals is key. 

Viraj Rajani did a great job as a cohost, asking really good questions that young entrepreneurs could relate to.

For those already embarked on their entrepreneurial journey, decisions around funding, exits, target audience, and sustainability are paramount. The importance of cofounders was emphasized, along with the necessity of differentiation in the market. Simply lowering prices isn't enough; offering additional value and services can set you apart. 

Yash bhai eloquently articulated this point, which resonated deeply with me. It reminded me of my own experiences; newcomers needn't slash fees but should focus on delivering exceptional service. Lowering fees may attract clients initially, but loyalty isn't guaranteed. 💼 

The session was highly interactive, with various startups pitching ideas ranging from loan-related ventures SarvDhan to e-waste collection and website analytics Heatmaphero . It was a valuable opportunity to learn from seasoned founders and exchange knowledge. 

My purpose in attending was to connect with people, learn about their ideas, and gain insights into navigating the business landscape. Thanks to Yash bhai for hosting such a wonderful event—I'm glad I attended! 🎉 

I'm excited to share my first book, 'Reschool,' a personal reflection of my 20-year journey in the world of education. 📘 It's more than just a book; it's a heartfelt conversation with my younger self, exploring the highs and lows of this incredible journey. 🌟

'Reschool' sketches a vision of what New Age schooling could look like, inviting readers to dream and innovate along with me. 🚀 As we turn each page, we embark on a journey of self-discovery and educational transformation.

🌈 Stay tuned for more about this exciting venture!

And the most promising D2C start-up of the year award goes to…

BabyOrgano | India's First Dedicated Ayurvedic Baby Care Health and Wellness Brand.

I'm still excited about the amazing event put together by eChai Ventures and DevX.

It was filled with energy, and I was surrounded by a group of amazing entrepreneurs determined to create an impact.

The best part of the evening? Definitely get to talk with experienced entrepreneurs, especially Udit Goenka.

Our casual chat turned into a valuable lesson on effective marketing and the important details of running a successful business.

The event wasn't just about listening and learning – it was hands-on.

We played interesting games that were not only fun but also gave practical insights into solving problems creatively.
The pitch sessions taught us a lot about how to communicate effectively, and each entrepreneur had something special to share.

What really stood out was the lively and collaborative atmosphere.

It wasn't just about individual success stories; it was about creating a supportive community where ideas flowed freely.

It felt like a big brainstorming session, and I left with new perspectives on building a brand and being an entrepreneur.

Once again, big thanks to Jatin and the eChai Ventures team for making this happen!
Also, a shout-out to Umesh Uttamchandani and the DevX team for providing such a fantastic venue. 

They did a great job recognizing the efforts of startups and showed a real passion for creating a supportive environment for new businesses.

The event was a boost for growth, a mix of ideas, and a celebration of the entrepreneurial spirit. 

I'm grateful for the experience and can't wait to use what I've learned in my own entrepreneurial journey!

Some moments are captured through our eyes and stay forever in our hearts! A month ago, on the 13th November, I got the opportunity to meet and interact with a legendary football player and UNICEF Global Goodwill Ambassador, David Beckham, during the very first day of his visit to India.

I had never met a humble person like him before! A few minutes of interaction with him about ECOrrect Product and our journey, I felt very inspired. It was a precious opportunity for us.

Whenever I think about that meeting, I still get goosebumps. Thank you GUSEC and UNICEF India, for the opportunity! 💚✨

It takes years of consistent faith in yourself to build a community for others for their growth ,in which you find your fulfillment.

Thank you for building eChai Ventures Jatin Chaudhary - It is truly the place to be for anyone willing to be themselves and learn - such supportive ecosystem for #startups is much appreciated.

Happy National Start Up Day to everyone who dreams of having their own enterprise one day or is a founder or co-founder or wants to be part of building an extra ordinary enterprise-each one of you is special

Gratitude to Kumar Manish Jaydip Parikh Syed Nadeem Jafri Pankaj Bhimani for being welcoming and gracious always.

Little Late Post but full of gratitude for the 2023..


It was a great opportunity for Crooze App to be the part of 40 Fitness, Health & Wellness startups cohort pitching at the 

#FitPitch during TheFitExpo at Kolkata in first week of December.
Thanks to Aaquib Hussain and his wonderful team at FreeFlow Ventures for seamless execution and amazing experience for all of us.. and most importantly making us meet all the founders who are building to make India Fit & Healthy..
Which is by far the most difficult task for anyone.. to make people work towards their fitness and health.. and on the top of it make a sustainable business around it..
Hats off to all the amazing founders I met there - Shweta Thakur Dishita Choudhary Srishti Srivastava Swagatika Priyambada Vishal Nigam, Building WTF , Modernizing Gyms Sahil Pruthi Vipen Jain Manti Pathak Vivek Krishna Karishma Chavan Prapa G. Nilashis Roy Pratik Saraogi Amith Vir @amit k.
@Sriram G from The Whole Truth Foods

it was great catch up with amazing friends from the ecosystem Eashita Maheshwary Vasishta Chary and meeting a great team member of Crooze Deepjoy Ghosh 😊

May the fitness startups tribe go bigger and bigger as we need many more solutions and the market the really big with pie for all ✌️