As your start-up matures, obtaining a second round funding helps expand your business and grow into new opportunities. Alas, receiving it may not be that easy since the startup needs to prove both in words and numbers, show their past growth and future profitable plans. When a startup company raises money from VCs, it happens … Continue reading THE KEY TO SECURING SECOND PHASE FUNDING explained by Mentor Muthu

Every startup is a dream come true. Initially even though everything looks very successful and green, every entrepreneur definitely needs to have a backup plan. Just as you needed a plan to get into a business, you’ll need a plan to get out of it and it needs to be a successful one. While the reasons … Continue reading PLAN YOUR EXIT RIGHT explained by Mentor Muthu

Choosing your co-founder is one of the most important things to do in a startup because your company’s future, your future and fortune depends on the person you hire. Often, picking a co-founder will not be very hard because of his natural traits to adapt to daily work but other times, you will have to … Continue reading WHAT TO LOOK FOR IN YOUR CO-FOUNDER ?

Brigge, a Chennai-based app that curates neighborhood leisure activities and connects like-minded people, pitched to raise a second round of funding from The Chennai Angels who provided their seed funding. Pitching for a second round of funding is definitely a difficult task for startups because of the different stages of reviewing the business, evaluating the necessity … Continue reading BRIGGE’S JOURNEY TO SECOND ROUND OF FUNDING

Earlier this week, we caught up with Mithun Sacheti to talk about CaratLane, his equation with his founders and how young entrepreneurs can make it big in this startup burst. When talking about how a business looks in the initial stages, Mithun reveals that any business, at different times, is in different stages and that … Continue reading A One-On-One With Mithun Sacheti, Founder, CaratLane

While there is always an ongoing debate on whether entrepreneurs are born or made, there is one aspect that cannot be denied – entrepreneurs can always have their skills polished! Skills like efficient communication is one of the most important elements required to be a successful entrepreneur. Sometimes, an entrepreneur might not be a very … Continue reading Skills Required By An Entrepreneur

The Chennai Angels is proud to announce an investment of Rs 2.5 Cr. in a Delhi based startup – GetMyParking ( GetMyParking is an Urban Digital Infrastructure startup building Smart Parking systems for City Management, Parking contractors, and Consumers. GetMyParking has scaled to Over 1 Million parking bookings within 200 days of operations. With a … Continue reading Chirag Jain, co-founder of GetMyParking on his experience with The Chennai Angels

Entrepreneurs don’t always have it easy. They face challenges every day and need to find ways to rise above. They are often looking for cool ways to get inspiration, so we put together a list of movies that can teach entrepreneurs valuable lessons. Let their stories inspire you to fight and survive the way they … Continue reading 7 great entrepreneurship lessons from movies

Having a great idea and the funds to execute it will not get you far if your employees aren’t willing to follow you. As an entrepreneur, the ability to lead a team is what makes them successful. Here are eight key leadership skills all business owners should develop. 1. A successful entrepreneur always has a … Continue reading Leadership lessons for entrepreneurs

  This year’s budget had high expectations from the startup sector and our Finance Minister, Mr. Arun Jaitley did not disappoint. However, some industry experts still feel that the announcements lacked the impetus to make an overwhelming impact in the startup space. Here are the highlights of the budget for startups:No tax on income from … Continue reading Budget 2016: What it has to offer to startups?