Every start-up essentially plans for seeking funds to have a glitch-free business journey. Fundraising help in shaping an effective business model, accelerating growth, and creating a business that disrupts conventional market scenarios. In today’s world of business, the success and sustainability of a start-up are determined by the amount of funding it has acquired.
Much like the lifespan of us humans, startups have stages too that define their current situation and growth. Lifespan of businesses can be subdivided into 6 major stages. Since the rate of success for every startup is different, the time spent by companies in different stages may vary. With a sense of what’s to come, you can effectively plan for success in later phases. Let's look at the 6 stages of startup in detail-
Launching your own startup is full of challenges and obstacles, but raising funds can be one of the most vital yet twisted aspects of all! However, for female Founders, this journey can be even more slippery.
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.
For many business owners, Now is the greatest leadership test, How to Bring Business back on track in an environment filled with uncertainty, where vaccines are yet to reach common households and economies are still reeling!
SkillLync, an engineering focused edtech business, has raised $17.5 million in Series A funding from Iron Pillar, a venture growth investor focused on global tech companies founded in India. Y Combinator and Better Capital also took part in the round. New investors include Binny Bansal (Co-founder of Flipkart), Sai Krishnamurthy (ex-Flipkart; Co-founder of Xto10X), and Rashmi Kwatra (Founder of Sixteenth Street Capital). This is the largest Series A round ever raised by an educational technology company
Polygon, an Ethereum scaling project, has announced a $250 million merger with Hermez, a zero-knowledge (ZK) cryptography-based scaling project, in the first-ever crypto token merger. Verifying data such as transactions, personal information, or identification using zero-knowledge technology is possible without turning over control of the information. Polygon Hermez will be the new name for the Indian cryptocurrency firm. Additionally, the Hermez project's technology, live solutions, 26-person team, and HEZ coin will all be merged into the Polygon ecosystem
Fintech startup ?KarbonCard? has brought an undisclosed sum up in development capital from gas pedal Y Combinator, the startup said in an official statement on Monday. It intends to go through the assets to step its item improvement, employing plans, and activities, the Bengaluru-settled organization added. Up until this point, the startup has raised $3.5 million from financial backers, including Orio Venture Partner and US-based 2AM VC. It is currently raising more financing throughout the following not many months.
The internet business stage for used cars, ?Cars24?, has raised an aggregate of $450 million at the valuation of $1.84 billion. The startup brought $320 million up in Series F value, and $110 million obligation from broadened monetary establishments. The organization expressed that the Series F value round was driven by DST Global, Falcon Edge, and SoftBank Vision Fund 2, alongside support from Tencent and existing financial backers Moore Strategic Ventures and Exor Seeds. CARS24 expects to now grow its worldwide presence just as additional form its vehicles, bicycles, and financing business in India, while proceeding to put resources into innovation that conveys the best client experience conceivable.
Tech firm Fivetran has brought $565 million up in financing (about Rs 4,161.8 crore) drove by Andreessen Horowitz (a16z). The series D round likewise saw support from existing financial backers - General Catalyst, CEAS Investments, Matrix Partners, and others, alongside new financial backers ICONIQ Capital, D1 Capital Partners and YC Continuity, an assertion said. Fivetran has raised $730 million to date, and its valuation currently remains at $5.6 billion. George Fraser, CEO of Fivetran, said, the subsidizing gives Fivetran the assets to extend its capacities across all elements of the business and keep on speeding up its development worldwide.