what are various possible ways to finance startups in India?
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an entrepreneur to pivot their business models and explore untapped opportunities, funding becomes the inevitable step. Apart from choosing the right entity for registering your startup business and going through the cumbersome process of following the various regulatory compliance’s, getting your startup funded is an important aspect that needs significant time and effort.
Before you start the process of looking for funds for your business, one needs to take care of two things. Firstly, ensure that you have a sound financial plan for your business. This comes in handy when seeking investment from from angel investors, venture capitalists, financial banks, ledgers etc. Secondly, startup funding depends largely on the nature and the type of business you’re in. So ensure that raising funds is in line with the short term and long term goals of your company.
“When looking for funding , don’t just look for cash. Look for the right people.”
There is more to startup funding than just looking for cash. As choosing the right option among the various funding options for startups would provide access to talent, investors, mentors, access to more money, and PR.
Having said that, let’s have a look at the different funding options for startups in India
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