Yesterday, I had the privilege of participating in an insightful meetup organized by eChai and Venture Studio at Ahmedabad University, focused on Startup exits and M&A. The panel featured
Gaurav Barot - CEO, Tridhya Tech Gaurav Barot
  from Tridhya Tech and
Yash Shah - Co-Founder, Clientjoy Yash Shah
  from Clientjoy, skillfully moderated by
Jatin Chaudhary - Salesman, eChai Ventures Jatin Chaudhary
from eChai and myself as a representative from IndiaBizForSale.

The audience comprised a diverse mix of management students, early-stage startup founders, professionals, and seasoned business owners. We delved into valuable discussions on the nuances of M&A experiences, sharing insights from various perspectives.

Clientjoy's recent acquisition by a strategic player and Tridhya Group's strategic acquisitions of nine companies provided rich learning opportunities. As a representative of Indiabizforsale, I had the chance to contribute our experiences, shedding light on exit plans, the pivotal role of investment bankers and outside counsels, dynamics of deal progress, and the strategic timing of exits.

Discussions also touched upon when not to consider an exit, the standard fee structure associated with such activities by investment bankers, and more.

Takeaways from the evening:

1. Team: If you lack previous M&A experience, seek outside counsel to avoid costly mistakes and stay on course during this potential roller coaster event.

2. Unlocking Value: M&A brings definite value unlocking for entrepreneurs, providing a sense of relief as they embark on new beginnings.

3. Role of Clean Bookkeeping and Clear Communication:Transparent communication is vital for sell-sides. Share an accurate company picture to preemptively address any discrepancies that may arise.

4. Reputation Risk: Acquirers, building a fair and forward-looking reputation, attract better deal flow. Unethical tactics may yield short-term wins but jeopardize future opportunities.

5. Due Diligence: The multifaceted Due Diligence (DD) process covers business, HR, financial, legal, tech, IP diligence, and industry-specific areas.

It was truly gratifying to engage with a diverse audience in the thriving Ahmedabad ecosystem, and I'm delighted to be part of the eChai Ventures community. Looking forward to more enriching interactions!
eChai Business Partner Program

eChai Business Partner Program helps businesses and organisations get visibility and engagement within the eChai network.

Preferred eChai Business Partners
ZenDevX
ZenDevX is a NoCode development platform to develop enterprise-grade web applications, back-office admin panels, and REST-API for mobile apps.
Development Tools, SaaS Startups
Growth Iris
A digital agency built to help SaaS companies find their GTM and generate leads willing to buy subscriptions.
Creative and Marketing Agencies
Draper Startup House
Enabling Startup Communities through living and working spaces!
Coworking Spaces, Investment Partners
FirstSales.io
The only outreaching tool you will need to generate leads on autopilot.
Mumbai 100, SaaS Startups
IBGrid
An all-in-one investment banking solution for India
Fundraising
Zepul
Zepul has developed an AI enabled Talent Acquisition marketplace to help companies find the right candidates and vice versa by engaging community recruiters on demand.
HR Tools and Agencies
LegalWiz.in
Leading Legal Tech company enabling startups & MSMEs to #StartProtectManage business through online CA, CS & legal services.
Ahmedabad 100, LegalTech
Biziverse
Empowering Indian Businesses with Easy and Powerful ERP + CRM Software to Increase Sales and Optimize Operations.
SaaS Startups
Pro Zero Carbon
Helping companies reach net zero through their comprehensive software and data backed sustainability solutions.
Climate Tech
Bootstart
Bootstart is a coworking space with presence in Pune, Mumbai, Bengaluru and Goa.
Coworking Spaces
ES Healthcare Centre
Gujarat's first premium healthcare centre, Your one stop solution for all medical essentials.
Healthcare
CoKarma
CoKarma is a coworking space and a community of entrepreneurs, creatives and businesses in Hyderabad.
Coworking Spaces
MICAverse
MICAverse : The Metaverse Lab
DevX
Collaborative workspaces that ignites innovation and a Venture Fund also.
Ahmedabad 100, Coworking Spaces, Fundraising, Investment Partners
Candour Legal
Candour legal is India's top-rated law firm providing all legal services under one roof.
Legal Services
Hearty Mart
Hearty Mart brings the 21st century retail format to the rural and semi urban market.
Ahmedabad 100, Food
Redicine Medsol
Creating a device to improve medical adherence for cardiac & cancer patients
Healthcare
Timechain Labs
Timechain labs is a global professional blockchain development services company with leading capabilities in blockchain solutions.
The Headquarters
The Headquarters is a flexible office space provider who renders services in fully furnished offices, Managed offices and co-working offices. They have presence in 15 buildings with a portfolio of 3,75,000 Sft in Hyderabad.
Coworking Spaces
STIR Advisors
Driving business growth with strategic M&A, business consultancy, and advanced financial models
Mantras2Success
Helping you Hire, Retain & Manage Talent across India, USA, UK, Canada & Australia.
Because
Full stack Branding and Marketing agency. Helping businesses turn into brands.
Creative and Marketing Agencies
Creatosaurus
Creatosaurus simplifies the workflow of creators & teams with an all-in-one creator stack to tell stories at scale.
Marketing Tools
58Miles
We design and make the most exciting and functional bags.
Allevents
Discover Events Happening in Your City
Ahmedabad 100, SaaS Startups
About eChai Business Partner Program:

eChai Business Partner Program helps businesses and organisations get visibility and engagement within the eChai network.

Key benefits:

  • Engagement at relevant in-person eChai Meetups (~4 meetups/year)
  • Listing on preferred eChai Business Partners page (1 year duration)
  • Feature on eChai.Ventures

eChai Business Partner program starts with Rs. 50,000+GST per year.

You can reach out to Jatin Chaudhary, Co-Founder, eChai Ventures over WhatsApp or over email at [email protected] to explore more about it.