Novata’s Post

great discussion yesterday with Sajith Pai, Kushal Bhagia and Anmol Maini at Sandhill Markets - here were my top 5 takeaways: 1. some emerging Indian startup mafias are Flipkart, Paytm, Freshworks, Zoho, Urban Company. 2. much of Indian early-stage venture funding flows through university networks, unlike the US. two main networks are IIT Delhi and Bombay. Kushal Bhagia even likened IIT Delhi to India's Stanford. 3. Indian early-stage funding market has a lot of 'dark deal flow' that goes on in private networks, and investors over-rely on company and university signals. 4. there are two Indian early-stage funding markets—one for vc fluent founders and one for the nonfluent ones. 5. funding rounds for the vc fluent founders are getting closer to similar stage rounds in the US, in value. for the nonfluent ones, a US Pre-Seed is Indian Seed, a US Seed is Indian Series A, and so on.

At The Builders Summit 2024, we held the first-ever Startup Innovation Challenge by Founders Connect! ✨ Four finalists took the stage to share their game-changing missions and goals. Missed it? Watch the recap here - https://lnkd.in/d5KtqmWE

🚨 Attention Nonprofits: Beware of Zeffy! 🚨 We’ve been waiting for over two months for funds held by Zeffy, despite meeting all requirements and submitting the necessary documentation. Our organization, Northern Lights Educational Services, is now in a critical situation, relying on these funds to fulfill urgent obligations, including an upcoming mortgage payment. Despite multiple attempts to resolve this issue, Zeffy remains unresponsive. We urge fellow nonprofits to rethink using Zeffy for their fundraising needs. We’re now left stranded, with funds that should have been released weeks ago. If anyone else has experienced similar issues, please share below. Let’s ensure that Zeffy is held accountable for their actions. #Nonprofit #Fundraising #Zeffy #NonprofitFunding #ZeffyFraud #NonprofitAlert #Accountability

Tune into Stella Garber dropping some gems about serial entrepreneurship, future of work, and the transformational powers of AI. 🎤 Link in comment below ⬇️

So you have a great idea 💡 but without product-market fit it is destined to fail! 😨 Join us on 1.11. to learn how go from 0 to 1 and find product-market fit. We'll be joined by Saber Kordestanchi, Chief Strategy Officer & Co-Founder at Hostaway 🚀 Hostaway revenue remained around 1 million until clear product-market fit was found, and Saber managed to quadruple the revenue to 7.2 MILLION € between in 2022, only to SKYROCKET to 20 MILLION € in 2023 🤯 How did Saber do this? One point: iterating towards product-market fit. ✍🏻 Don’t miss this chance to learn about the one thing that matters to every startup! 👀🔥 💫SIGN UP NOW VIA LINK IN COMMENTS!💫

Join Sajith Pai and friends of Blume, Kushal Bhagia, and Anmol Maini as they unpack the Indian early-stage startup ecosystem on Wednesday, 14th Aug, at 9.30 pm IST. More details in Sajith's post below.

One of my top rules to live by at a startup: momentum creates more momentum. When you get it going do whatever it takes to keep it going…. …cause if it goes away, it takes a whole lot more effort to get that momentum back than it does to keep it going. 

Save for myself, to keep reminding us PMF is about the positioning of your product in customers mind, this paper makes it clear and easy to correlate our positioning

Bringing you up to speed with the latest policy updates that can help India become an AI superpower 👇👇

Not sure if you're right for Launch Club or the Accelerator? Tldr; Launch club is designed to make building a startup more accessible and help more ambitious people take the leap into founding. Think of it as a pre-accelerator to get the basics of launching a startup down pat. The Startmate accelerator enables founders to go full time on their startup idea (if they aren't already) and get the idea off the ground through VC funding and tailored mentorship. 👉 Read more here: https://loom.ly/hZchvgY 🚀 Launch club applications are open: https://bit.ly/3SVtAJk