#Throwback

๐Ÿ‡ฎ๐Ÿ‡ณ #Bangalore: Would you attend a startup demo day on a Saturday evening?

4 years since I last saw Jatin at DSH Singapore for eChai Ventures, we finally caught up IRL โ€“ this time co-hosting an eChai #startup pitch event and #investor panel discussion at DSH Bangalore. Our roof was filled with 130+ #entrepreneurs and investors.

Here are some learnings:

โณ45 DAYS to 6 MONTHS

Is the duration for which due diligence, getting a term sheet, to receiving money in the bank can take up to in the process of startups #fundraising (as a gauge) ๐Ÿช™

๐Ÿ“š RESOURCES

โ€“ Venture Deals by Brad Feld is a great read to prepare founders who are #raisingcapital

โ€“ indianvcs.com is a pooled resource built by some VC folks, for entrepreneurs to have access to investor contacts (built with Notion ๐Ÿ”ฅ)

๐Ÿค๐Ÿผ KEEP IT PERSONAL AND PROFESSIONAL

โ€“ Before reaching out to an investor, research on the fund and what they invest in.

โ€“ Be genuine and authentic. Dishonesty is a red flag; The industry is interconnected, and will soon find out ๐Ÿšฉ

โ€“

Seeing is believing. I wouldn't have imagined a pitch night on a weekend evening being full house, and the energy is uplifting.

Thanks a ton to the investors for their valuable insights (Vijetha, Himansu, Bikramjeet, Mohammed Amaan Memon) and all the entrepreneurs who came to share their vision and business ideas with us ๐Ÿš€ ... Not forgetting one of the best hyper-connectors and startup enablers around: Jatin ๐Ÿ’ฏ


WHO SHOULD I MEET NEXT? ๐Ÿ˜
I've been here for two weeks already, but will be based out of Draper Startup House #India for the next couple more โ€“ I'm happy to connect with #founders, #startups, #investors, ecosystem partners and would love to meet others who are also enabling the startup community! Thanks for the recs ๐Ÿ™Œ๐Ÿผ


Loving this journey so far!
Stay tuned for updates from BLR ๐Ÿ‡ฎ๐Ÿ‡ณ

The eChai Effect - In Their Words

"For me, eChai is a second home. I've been associated with it since the early days, when it was already setting a different tone for how startup communities could work.ย As a traditional business owner entering the new-age D2C space, eChai supported me in every direction.ย Over the years, it became my window to the startup world โ€” and also gave me lifelong friends who continue to show up, for business and beyond."
Pankaj Bhimani - Founder, 58miles
Pankaj Bhimani
Founder, 58miles
"I attended my first eChai event 3 yrs back, and no one knew me in the market. Over the next three years, eChai didnโ€™t only help me with knowledge or networking, but it gave me an identity from being unknown to now being recognized by a group of inspirational entrepreneurs connected with eChai, who have been gracious enough to acknowledge me and Digipple."
Viraj Rajani - Co-Founder, Digipple
Viraj Rajani
Co-Founder, Digipple
โ€œWhen we launched LegalWiz.in back in 2016, concept of procuring legal and compliance services through a digital commerce platform wasn't as prominent in India. eChai played a significant role in providing the early adopters, and building significant positioning in the startup fraternity.ย Overtime, eChai grew to be a massive network of like-minded entrepreneurs and extended that benefit to all the members in a true "co-rise" spirit. I personally love to attend eChai events, learn from subject matter experts who share relatable and actionable insights and experiences.ย For startup journeys, it is so important to be surrounded by people who can add relevance, perspective, and push you to do better. Most importantly a group of people where you aren't being judged about things going right or wrong, but be a motivational force that keeps you going, yet keeping you in check. eChai is that place for me!โ€
Shrijay Sheth - Founder at LegalWiz.in and Hire4Higher Consulting
Shrijay Sheth
Founder at LegalWiz.in and Hire4Higher Consulting

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