How to Find Investors for Your Business in India?
by Easyto Pitch Easyto PitchIt is not possible for investors to be interested in
every pitch that they come across, from founders. Luckily, in recent times,
finding investors for business startups
has become slightly easier and less time-consuming. Let’s look at a
chronological way of how you can fetch investment in your business.
Enlist Yourself
on Investment Accelerating Platforms
How does one find out about your venture if it’s not
publicized online? Enlist yourself on platforms like Mumbai Angels, AngelList,
Indian Angel Network (IAN), etc. These are a few of the most efficacious
platforms to register yourself on if you are a young startup. Share the
enlistment with your contacts to gain references and recommendations. This will
help you gain traction in front of the investors and thus accentuate your
chances of getting an investment faster.
Prepare A
Record of Investors to Share Your Ideas With
Pen down a list of all the investors you know, or have
heard of. This list will help you gauge the amount of work required to be put
in. Once you prepare a list, think of different ways to access these investors.
If you know any entrepreneurs who have sought help from them in the past,
approach these investors through those references. And if nothing works out,
you always have LinkedIn to reach out to the investors personally.
First
Impression is the Last Impression
Have a classy intro. When you’re set to introducing
your company to the investor, you need to be mindful enough to draft
messages/emails that are both crisp and alluring for the investor. Moreover,
the style of writing a draft mail will vary from one investor to the other. So,
you’ve to pitch carefully and uniquely! Always remember to personalize. Do not
use the same message for different investors! Always had some personal touch to
the email and bring to light the particular reason why you think they would be
a good fit to invest in your business.
What is your
Value Proposition?
Why do you think they should invest in your business?
Before approaching a potential investor, always understand why you think they
would benefit from investing in your business. Categorize the pros and cons of
your business and business model. Focus on how those cons can be fixed and why
investing in you in spite of having those shortcomings, will be beneficial for
the investors. There is no assurance of getting funds from investors, but
perseverance is the ultimate key. You may hear NOs from many, but don’t let that
bring you down. Even if you don’t receive any response from the investors,
stick to the follow-up approach, and keep them updated with your startup’s
activities.
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Created on Jan 21st 2021 07:42. Viewed 179 times.