The Impactful Teammate at IBGRiD

Mayank Patel first met us at our booth during EDI's annual fest when IndiaBizForSale.com was still just a discovery platform.

What stood out about him was his deep understanding of our vision. He appreciated the economic value we were trying to preserve by connecting buyers and sellers of businesses—helping businesses continue their legacy rather than shutting down.

At the time, Mayank was a professor of corporate finance, and he generously offered his support in any way we might need.

A Defining Moment

Initially, we avoided providing business valuation reports as a service, fearing that we couldn't maintain the quality we aimed for.

When Mayank offered to help, we decided to test his expertise on valuing our own family business. The result was incredible—not only was the valuation spot on, but it also helped us successfully sell the business at that price. Inspired by this success, we gradually started offering business valuation reports to our audience, led by Mayank.

Over time, this service became a game-changer. It significantly reduced deal failures caused by unrealistic asking prices, generated substantial revenue, and laid the foundation for our investment banking division, IBGRID.

Advice for Fellow Founders

Say "yes" to opportunities and be open to external support. Often, the right person may come with fresh ideas that challenge your initial assumptions.

Look for individuals who align with your mission and are willing to contribute beyond their immediate role. Empower them by creating an environment where they can innovate and grow.

For us, Mayank’s support not only launched a new service but also set a benchmark for quality. Today, we're fortunate to have him as part of our management team, where he leads IBGRID with the same passion that first drew us to him.

The eChai Effect - In Their Words

“I have no hesitation in saying that my association with eChai has been a gateway into the startup ecosystem. Through this platform, I’ve had the opportunity to connect with many young and dynamic entrepreneurs. These interactions have been immensely enriching - I’ve learned a great deal and have always tried to offer guidance whenever approached. It’s a truly symbiotic relationship that I deeply value, and it wouldn’t have been possible without eChai.”
Syed Nadeem Jafri - Founder, Hearty Mart
Syed Nadeem Jafri
Founder, Hearty Mart
"I have evolved from role of Community Builder to Startup Consultant to Startup Ecosystem Enabler to Angel Investor and now launching a Venture Studio and eChai has been a catalyst in my overall journey as Startup Evangelist since 13 years."
Mehul Shah - Co-Founder at Counselvise & Ivy Growth
Mehul Shah
Co-Founder at Counselvise & Ivy Growth
"The eChai platform has been super valuable for me - it has helped me gain a deeper understanding of domains in the startup and tech ecosystem. What stands out most is the celebration of knowledge, professional growth, and entrepreneurship - it’s one of the best for the Indian ecosystem. Along the way, I’ve also been fortunate to make some great friendships and connections too."
Shalin (Shawn) Parikh - Founder, MyCPE One
Shalin (Shawn) Parikh
Founder, MyCPE One

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