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
"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
"eChai isn’t just a startup community … it’s a mindset . eChai has been one of the most impactful communities in my entrepreneurial journey. It’s been a turning point . In a world where building something can often feel isolating, eChai gave me a sense of belonging. I’ve found mentors, collaborators, and friends here — people who genuinely want to see you succeed. It’s a space where ideas are challenged, actions are celebrated, and founders grow not just in scale, but in clarity and confidence. From late-night ideas to early-morning pitches, this community has quietly but powerfully shaped the way I build, think, and dream. I’ll always be grateful for the way eChai creates spaces where founders don’t just grow businesses — they grow together."
Koumal Kalantry
Founder, Bignano Ventures
eChai Partner Brands
eChai Ventures partners with select brands as their growth partner - working together to explore new ideas, open doors, and build momentum across the startup ecosystem.
