How can you as a founder take the authority of your own company- Starting a business requires a lot of work. The amount of documentation, legal requirements, and strategic development can simply be overwhelming. But without putting in the effort, you’ll struggle to turn your idea into a successful business. Why do you want to start a business? Is it money, freedom, and flexibility, to solve a problem or some other reason? You need to plan, set goals, and above all, know yourself.
Stressed about raising funds for your startup? There are multiple ways by which startup founders can approach investors for fundraising and get noticed by those with the capital you need to get to the next level. Be at any stage of your startup business, no matter how outstanding your idea is or your product is, how lean you can operate, and how to expand your business is, You will always need more capital and financial leverage, it's a necessity! Even the best-funded and hyper-successful billion-dollar startups have been engaging in more fundraising rounds than ever before.
It's a myth that to make money you need to spend a lot of it as well, but it does take some when it comes to business growth! The key to making money simply depends on the business model, market, and industry trend you may not even need money for growth, but you do need money for rapid startup growth.
Bengaluru: SaaS startup Postman has secured $225 million in a fresh investment round led by existing investor Insight Partners, with new backers including Coatue, famous Silicon Valley investor Mary Meeker's Bond Capital, and Battery Ventures also participating. The corporation today has a market capitalization of $5.6 billion.
Bengaluru-based AppsForBharat, an item studio zeroed in on building applications for profound and reverential requirements of Indian clients, has brought $10 million up in a Series A round drove by Elevation Capital with cooperation from existing financial backers ?Sequoia Capital India?, ?BEENEXT? and Matrix Partners India. The round likewise highlighted driving holy messengers like Scott Schleifer (Partner, Tiger Global); Saurabh Gupta (Managing Partner, DST Global); Ankush Sachdeva, Farid Ahsan, and Bhanu Pratap Singh (Co-authors, ShareChat); Utsav Somani (Partner, iSeed); Anshumani Ruddra (Group PM, Google); Vidit Aatrey and Sanjeev Barnwal (Co-originators, Meesho); and Kunal Shah (Founder, CRED), Sai Srinivas, Co-organizer and CEO, MPL. As indicated by the authority proclamation, the organization will utilize the subsidizing for making content IPs, assembling the item, and recruiting ability across the item, information, and designing verticals.
Bikayi, a Hyderabad-based versatile business empowering influence, has brought $10.8 million up in Series A subsidizing round drove by Sequoia Capital India. Prior in August 2020, the organization had raised $2 million as a piece of its seed round drove by Y Combinator. Established in 2019 by IIITians Sonakshi Nathani and Ashutosh Singla, the YourStory Tech30 startup Bikayi empowers little and medium-sized organizations (SMBs) to increase on computerized stages accordingly empowering them to contact a more extensive crowd base.
Computerized loaning stage ?RevFin? today said it intends to raise around $40 million (about Rs 290 crore) through obligation and value before the finish of this monetary to speed up its loaning, as per a top organization official. The monetary innovation stage with its own NBFC, which centers around credits for electric little business vehicles, has set an objective of financing three lakh vehicles in the following three years. "We've set ourselves an objective of financing 3,00,000 vehicles in the following three years. That is generally around Rs 3,000 crore of loaning in the following three years, beginning with about Rs 200 crore in this year and the rest coming over the course of the following two years," Revfin Services Founder and CEO Sameer Aggarwal said.
Delhivery?, the coordinations unicorn has brought $76.4 million up in financing from Addition, the firm established by the high profile startup financial backer Lee Fixel. As indicated by administrative filings, the assets raised by Delhivery is essential for its Series I round of financing. This advancement comes after the organization had raised $100 million from Fedex in July this year. The coming in of Lee Fixel will be a major lift for Delhivery as it is relied upon to come out with its first sale of stock (IPO) issue soon and joins the rundown of other Indian new companies that are going this course.
Jump, the startup that empowers understudies to concentrate abroad through monetary and vocation help, has brought $55 million up in Series C round of subsidizing drove by Owl Ventures. The round additionally saw cooperation from Harvard Management Company, alongside returning financial backers Jungle Ventures and Sequoia Capital India. Following this round, this startup has aggregately raised more than $75 million. Jump said it will use this subsidizing round to stretch out its administrations to understudies across SE Asia and MENA districts. Additionally, it intends to expand its item portfolio where it intends to offer worldwide understudy Visa and protection items.
Bengaluru-based innovation based home insides specialist organization ?HomeLane? raised $50 million (Rs 371 crores) in its Series E financing round drove by IIFL AMC's Late Stage Tech Fund, OIJIF II (Oman India Joint Investment Fund), and Stride Ventures. Its current financial backers including Pidilite, Evolvence, NuVentures, Sequoia, and Accel additionally took an interest in the round. As per the authority proclamation, with this round, HomeLane has now raised a sum of $104 million (Rs 765 crore) in assets in the course of the most recent seven years. The RainMaker Group went about as the sole consultant for this subsidizing exchange. Talking with YourStory, Srikanth Iyer, Co-organizer and CEO at HomeLane, uncovered that the organization is hoping to use the asset in three regions — brand building, upgrading the tech stage, and building new tech items.