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Using Subscription Services to Convert Prospects to Subscribers
Subscription services for products have been popular for many decades, everything from Amway detergents to Wen shampoo to Stitch Fix clothing boxes — and often, businesses will seek to convert prospects using subscriptions.
- by Murugan R
- Articles
How to Map Out Your Initial Business Plan
Founders start businesses fueled by a passion that makes them willing to invest a substantial amount of time and savings into getting it off the ground. At the same time, one of the very last things on the mind of someone just starting their new venture is financial planning of their new business.
- by Murugan R
- Articles
Small Business Start-up Series – What Does It Cost to Start a Business?
Start-up costs can add up quickly, but if you plan for them, you can launch with confidence and avoid running out of money before you make any.
Some businesses are more cash intensive than others so analyzing the start-up costs at the beginning of your project can help you ensure that you’re starting a business that is attainable for you to get off the ground.
- by Murugan R
- Articles
Crypto’s Current Volatility
6 second take: Volatile assets will be volatile at times. People who cannot afford crypto’s volatility shouldn’t invest in it.
2It’s been a volatile start to the year for cryptocurrency. Scanning the news it would seem that the bottom fell out, with crash and plummet, among other dramatic words, describing the situation.
- by Murugan R
- Articles
How to Tell If It’s Time to Launch Your Business
Are you wondering if now is the right time to vet your business idea, even in these unprecedented times we’re experiencing? If your offering solves real problems that people need solving now, it may be the perfect moment
- by Murugan R
- Articles
Understanding Pain Points: How to Communicate the Value of Your Offer
You see clearly how your prospective client can implement your solution and save time, money, grow sales, or whatever the outcome will be, but you can’t seem to communicate it effectively enough to get them to share your vision and buy from you.
- by Murugan R
- Articles
How to Be an Entrepreneur: My Success Story
And though BLS doesn’t collect data on how often individuals shift careers, the data demonstrates that workers in their early or mid-careers are more inclined to change jobs than previous generations.
- by Murugan R
- Articles
What Is Ethereum?
What is Ethereum? Well, it isn’t bitcoin. It’s a cryptocurrency, true, but Ethereum is different than bitcoin, the crypto granddaddy everyone is talking about.
Ethereum is the second-biggest cryptocurrency in the world, and it’s vastly different from bitcoin in terms of purpose, capability, and technology. It’s much more than a digital currency, in the sense that it is programmable.
- by Murugan R
- Articles
Is It Time to Invest in Cryptocurrency?
With major changes in the crypto market, investors are weighing whether or not they should buy digital currencies — here’s what to know before you buy.
Cryptocurrencies are getting a lot of hype. Major players now allow crypto to be purchased on their platforms, and there seems to be a shift toward embracing this still-new technology.
- by Murugan R
- Articles
How to scale your startup
Scaling is the act of increasing a business’ revenue and output without significant investments. Instead of spending more money and more resources, your business will scale through better processes and the use of technology to reach and serve larger audiences. Scaling allows you to increase your customer base without adding resources, thereby increasing your profit margins with every sale.
- by Murugan R
- Articles
Understanding the Cap-Table
The cap table or capitalization table is an extremely important component to consider for both the founders and investors. The cap table is a table that shows ownership or in financial terms equity capitalization of a company. As basics go, a cap table is very easy to understand. It is a table that shows all the shareholders of the company and how much of the company each person or entity owns. However, managing the cap-table and its evolution is a complicated matter which could take up a lot of time and effort to understand.
- by Murugan R
- Articles
Conducting Business, Financial and Legal Due Diligence
Angel investors seeking to maximize rewards, among other motivations, allocate a certain portion of their investible surplus to investing in early-stage start-ups.
The risk in this asset class is manifold, and includes concept risk, execution risk, people risk, mortality risk, and liquidity risk. The chances of losing invested capital are reasonably high and it is prudent to minimize that risk.
- by Murugan R
- Articles
Brinc TechBlazers Accelerator Program
The three-month intensive program will provide participating startups with a minimum investment of 50,000 USD and the opportunity for further funding based on their performance and initial traction. Furthermore, startups will be fully supported through their product development and will receive business and investor connection/matchmaking to facilitate growth.
- by Murugan R
- Articles
How to evaluate deals
Investing in a start-up has a bigger element of judgement at an early stage and is more driven by numbers at a later stage. A good start-up idea should have a good narrative, backed by relevant data (not just by conviction), which makes evaluation more coherent. Absence of either a good narrative or data can impair ability to evaluate.
- by Murugan R
- Articles
How to get started as an Angel Investor?
They back early-stage start-ups that have high growth potential and high risk. Angels are high net worth individuals who want to expand their investment horizons by backing start-ups that show promise and profitability. While most angels are accredited, the definition has broadened with more and more people showing interest to expand their investment portfolio.
- by Murugan R
- News
The Chennai Angels network gets its first CEO
The Chennai Angels (TCA), an angel investor forum which helps entrepreneurs and start-ups with funding, said that it has a new chief executive officer, Chandran Krishnan on board.
TCA is a leading angel network head-quartered in Chennai. Over the years, it has funded over 50 start-ups with about ₹75 crore deployed. TCA’s exit rate is 20%
- by Murugan R
- News
The Chennai Angels fund uFony, School Diary
School Diary® is a user-friendly platform that caters to K12 schools, helping them engage students and conduct classes virtually without compromising on privacy.
It is an integrated virtual classroom with online teaching, virtual PTMs, instant academic and non-academic updates, and even an online store where parents can shop for school product
- by Murugan R
- News
Brinc TechBlazers Accelerator Program
Brinc, one of the world’s leading global venture accelerators, and The Chennai Angels (TCA), a leading angel investor network, are launching an online acceleration program for AgriTech & FoodTech, HealthTech, and FinTech startups, for which applications are now open.
- by Murugan R
- News
[Funding alert] FMCG distribution platform Dropshop raises Rs 9.3 Cr in pre-Series A led by Inflection Point Ventures
FMCG distribution platform Drop shop will use the funds to strengthen its product and scale up operations to handle more brands and enter new markets like Chennai and Hyderabad.
Bengaluru-based one-stop distribution platform for FMCG brands Dropshop
- by Murugan R
- News
[Funding alert] Backpacker hostel startup goSTOPS raises $1M in pre-Series A round led by IAN, Yuj Ventures
Backpacker hostel brand goSTOPS on Thursday said it raised $1 million in a pre-Series A round led by Indian Angel Network (IAN) and Yuj Ventures — the private investing arm of the family office of Xander Group founder Sid Yog. KRS Jamwal, Uday Chatterjee, and Mitesh Shah led this round at IAN.
- by Murugan R
- News
12 early-stage startups signalling Chennai’s rise as a key innovation hub in India
Between January and June 2021, Chennai attained the 6th spot among the eight Tier-I cities in terms of number of deals (17), as well as amount of funding ($73.8 million) raised, data by YourStory Research reveals.
- by Murugan R
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- Insight Stories
Insight Stories by Anu – Week 2 l Segment 3 – Learning, choosing support system and investors
- by Murugan R
- Insight Stories
Insight Stories by Anu- Week 2 l Segment 5 – Competitive Edge & Advice to Founders plus AH round up
- by Murugan R
- Insight Stories
Insight Stories by Anu- Week 3 l Segment 1 – The Plunge and White shirt design lessons
- by Murugan R
- Insight Stories
Insight Stories by Anu – Week 3 l Segment 2 Letting Go & Care LESS confidence
- by Murugan R
- Insight Stories
Insight Stories by Anu- Week 3 l Segment 3 – Experiments and challenging Perceptions
- by Murugan R
- Insight Stories
- Insight Stories
Insight Stories by Anu- Week 3 l Segment 5 – Do’s & Don’ts for Founders and AH roundup
- by Murugan R
News
MangoPoint Secures INR 3.5 Cr in Funding Round Led by the Chennai Angels
MangoPoint, the first APEDA- and NPPO-recognized packhouse in Tamil Nadu,
News
MY3DMeta Raises over Rupees 10.5 Cr from the Chennai Angels, Dholakia Ventures, and Others
Y3DMeta a 3D Modelling tech company, secured an investment of
News
Homegrown Sustainable Baby Essentials and Apparels Brand A Toddler Thing Raises Funds from Chennai Angels in the First Round
A Toddler Thing is one of the most sought-after Baby
News
Premium Coffee Brand Trelish raises 3.5 Cr from the Chennai Angels
Trelish, a premium coffee brand specializing in instant liquid
News
EarthFokus raises Rs 1.52 Cr from the Chennai Angels
Chennai (Tamil Nadu) [India], March 22 (ANI/BusinessWire India): EarthFokus, a
News
Ecoil Secures INR 3 Cr in Funding Round Led by The Chennai Angels
Ecoil, a pioneering eco-friendly gasoline production startup, has secured INR