Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

New Delhi, May 2 () Internet companies like Urban Company, MakeMyTrip, Dunzo, HealthifyMe and Zomato are changing their social media handles and app icons to promote wearing face masks as a hygiene practice amid the COVID-19 pandemic. Apna Mask initiative -- an effort by StartUpVsCOVID (a startup community with over 1,000 members) -- is promoting homemade masks and aims to drive behavioural change to ensure that people wear masks and stay protected as they step out of their homes. The #ApnaDeshApnaMask campaign was kicked off by startup industry stalwarts like Rajan Anandan of Sequoia India, Paytm's Vijay Shekhar Sharma, Alok Mittal (Indifi), Vishal Gondal (GoQii) and others. They were later joined by celebrities like Vidya Balan, Dia Mirza, Juhi Chawla, Divya Khosla Kumar, Juhi Parmar, Deepshika Deshmukh, Sonu Sood, Shama Sikander, Preetika Rao and others. Within a span of two weeks, the initiative has garnered 100 million outreach across digital platforms, including WhatsApp, Twitter, Facebook and Instagram. The team working on the campaign also reached out to various organisations to support the initiative, especially as parts of the country get ready to come out of the lockdown which has been extended till May 17. "Urban Company, MakemyTrip, Dunzo, HealthifyMe, Zomato, Redbus, Ixigo, MoneyTap, MyUpchaar, Bounce, RazorPay, Medanta, WittyFeed, LBB, Porter, Meesho, Daily Hunt, 1mg, Paytm Games have changed their social media handles while some are changing the app icons as well," a statement said. These brands are also inviting more companies to join the initiative. "Given the immense response we have received, we will have more brands join #ApnaMask in this critical initiative. We believe some of these steps will be helpful in building habit changing behaviour towards wearing homemade masks," Poonam Kaul, co-founder of ApnaMask, said. In a separate statement, Crowdera -- an online fundraising platform -- said it is offering its premium syndicated fundraising technology solutions for free to companies and NGOs working to help the COVID-19 affected individuals, families and health workers. "Crowdera will be extending its support through offering its products and services worth almost USD 150,000 (Rs 1 crore) free to organisations aiding the affected...The solution will help corporations and NGOs to quickly syndicate with their own employees, influencers, other foundations, or charity partners to raise funds 10X more than through a regular crowdfunding campaign," it said. Under this pledge, Crowdera has already extended its support to companies like Rapido, Repos, BYJU'S, SirfTaxi, and Tartl to engage their employees and partners in fundraising for the COVID-affected workforce. SR ABMABM

Apps don face masks to promote healthy practices amid COVID-19

The Delhi chapter of <keyword id="139680" type="COMPANY" weightage="20" keywordseo="The-Indus-Entrepreneurs">The Indus Entrepreneurs</keyword> (TiE) will host on Thursday the 8th iteration of the <keyword id="4390638" type="PERSON" weightage="20" keywordseo="India-Internet-Day">India Internet Day</keyword>, one of the largest conferences for Internet entrepreneurs in the country. India Internet Day 2019 targets entrepreneurs which attracts start-ups, unicorns, industry leaders, investors, mentors, policy-makers, and many more key domain experts from across the country every year India is presently home to over 500 million internet users and 21 unicorns. With the aim of raising a hundred start-ups and enterprises to become billion-dollar companies on the back of their internet-centric innovations, TiE Delhi-NCR is hosting the 8th iteration of India Internet Day. The vision of #iDay2019 is encapsulated in the headline of the event’s main theme: “India Internet Unboxed: Getting ready for a 100 Unicorns”. Enabling the next generation of leaders At iDay 2019, leaders of the internet and entrepreneurial community will deliver content for the benefit of young entrepreneurs, enabling the next generation of leaders to gain a deeper insight into the opportunities and evolving trends in the industry, Tie said in a statement. Building on the theme of ‘unboxing’, iDay2019 plans to have focused and thought-provoking discussions during the session line-up on topics including: Unboxing Indian Tech Going Global, Unboxing Funding, Unboxing Talent, Entrepreneurial Milestones: Unboxing Pivots &amp; Pirouettes to Exits, Unboxing 2nd Innings, Unboxing Valuations. It will also have a special focus on the Chinese startup ecosystem, key speakers will speak on Unboxing China, its Landscape &amp; Overview, Chinese VCs in India - A perspective and Cross Border Learnings. Additionally, entrepreneurs will be provided with a platform to showcase internet-centric innovations and get constructive feedback on their ventures. All about networking The conference is one of the most anticipated entrepreneurial conferences across the world as it gathers entrepreneurs and vision-holders in the midst of key investors, industry leaders, and policy-makers under the same roof. It will have sessions that will chaired by prominent industry leaders including Vani Kola, MD, Kalaari Capital, and Rajesh Sawhney, CEO &amp; Co Founder of Innerchef, the conference will open with a keynote address by Vijay Shekhar Sharma, Founder &amp; CEO of PayTM. The opening address will be followed by conversations with industry experts including Anant Maheshwari, President - Microsoft India and Rajan Anandan, Vice President, Google &amp; President, TiE Delhi-NCR. Other ace speakers include Lathika Pai, Country Head - Microsoft for <keyword id="6362513" type="UNKNOWN" weightage="20" keywordseo="startups">Startups</keyword> MENA and SAARC , Gaurav Deepak, Co-founder &amp; MD - Avendus Capital, Anand Lunia, General Partner – India Quotient, Helen Wong, Partner at Qiming Venture, Yun Lou, Founder &amp; CEO of Clubfactory, Hans Tung - Partner, GGVC Kunal Shah, Founder &amp; CEO – Cred, Amrish Rau, Ex CEO – CitrusPay, Aprameya Radhakrishna, Founder &amp; CEO of Vokal, Raul Rai, Co-Founder of Nicobar.com, and Mukund Kulashekaran from Urban Clap. Power Breakfast with the iDay Committee The event will kick off with a breakfast with industry leaders and the best in the startup ecosystem. The committee members who will be a part of this event include Rajan Anandan, Vice President, Google &amp; President, TiE Delhi-NCR; Alok Mittal, Co-Founder, Indifi Technologies; Amarjit Singh Batra, Managing Director, Spotify India; Arvind Jha, Multipreneur, Movico Technologies; Miten Sampat, VP, Times Internet; Deep Kalra, Founder &amp; Group CEO, MakeMyTrip; Gautam Gandhi, Angel Investor; Prasanto K Roy, Policy Consultant ; Karan Mohla, Partner &amp; Executive Director of Chiratae Ventures; Ravi Gururaj, Founder &amp; CEO, Qikpod; Dev Khare, Partner, Lightspeed India Partners. B2B Founders' Lunch Ace B2B founders who will be part of this session include Shridhar Gupta, Co-Founder - Loconav; Pranav Tyagi, Founder - Eigen; Ajay Chauhan, Co- Founder -SalezShark; Sachin Bhatia, Co-Founder &amp; Ex VP - Drishtisoft solutions; Rahul Bhalla, CEO &amp; Co Founder -Zeanatix will be part of the lunch tables Fintech Lunch Leading Fintech founders who will be part of the lunch include Ajay Vikram Singh, Consumer Business Head- Clix Capital ; Jonathan Bill, CEO &amp; Co- Founder – Creditmate; Kshitij Puri, CEO &amp; Co- Founder - Ziploan ;Sandeep Srinivas, Co-Founder &amp; CMO - Redcarpet Tech ; Kapil Mehta, Co - Founder – SecureNow; Alok Bansal, Co-Founder &amp; CFO – PolicyBazaar ; Mukesh P Kalra, Founder &amp; CEO – ETMoney #iDay Launchpad A platform at India Internet Day where tech businesses have a chance to demo/launch their new products/services in front of a large relevant audience of VCs, entrepreneurs etc. The start-ups will be selected by an influential jury panel #iDay Workshop A stellar workshop on product management professionals with Anshumani Ruddra, VP of Product (Social &amp; Gaming) – Hotstar will equip participants with new strategies &amp; principles to ace their field Gala Evening Network, interact, explore synergies over dinner and jive the evening away with a rocking band performance! The conference will take place from 8:00 am to 6:00 pm on 25th April, 2019, at Leela Ambience, Gurugram. Register here now! <a href="https://www.iday.in/">https://www.iday.in/</a> Note: Business Insider India is a media partner at the event.

Here’s all that you need to know about the upcoming India Internet Day 2019

<ul><li>Startups in India raise multiple rounds of funding even before reaching series A stage, diluting their equity in the process. </li><li>However, they have learnt a lesson and are now holding on to equity. </li><li>Investors too believe startups should not give away large equities early on.</li></ul>Indian startups aren't afraid of not finding funding anymore – but in return they might be giving up stakes in their own companies a lot sooner than they should. A growing worry in the Indian startup community is that many early stage startups are increasingly giving up equity – or ownership in companies – too quickly. That often leads to the founder-entrepreneurs eventually having little or no say in those startup in the later stages. The issue of dilution of equity is especially significant now as more and more startups are seeing multiple rounds of funding even before they reach the ‘series-A stage,’ leading to the crowding out of investors. “So very often the founding team is 25% or lesser by series A. This is something that affects entrepreneurs and investors alike. If the founders have given up 70-80% of the company at Series A, it’s still a journey of 8-10 years after that to get to being a sizeable company. Founders need to have that incentive to continue for long,” said Alok Mittal, a prominent angel investor and co-founder of Indifi technologies. Driven by the mushrooming of startups in India, and partly the success of few Indian unicorns, several investors including venture capital firms are increasingly chasing promising companies with potential for innovation or success at the early stages. A total of 386 companies got seed funding in 2018 for a total amount of $303.72 million. Only few years ago VCs had restricted themselves to late-stage startups and tighter due diligence that included investing in companies with large revenue base and market share. And now VCs are investing both directly or through accelerator programs. Recently, Sequoia India launched Surge, an accelerator program for early-stage startups – showing its clear interest in creating a roadmap for Indian startup founders in the early stages. Startups, for their part, don’t seem to mind giving up equity just to have a bigger VC in their kitty, say experts. One of the consequences of giving up too much equity quickly is losing control of the company. A recent conversation on Twitter included the top VCs discussing the dilution of equity of startups in the early stage. Shailendra Singh of Sequoia tweeted, “Met a promising company yesterday that diluted 35% in seed round for ~$1M... this was ok 5 years ago, but hope this changes now” (sic), to which Siddharth Pai of 3one4 capital replied that startups “Must not dilute more than 8-10% on seed round as it will no longer be aligned with founders vision.” Another reason why entrepreneurs seem to give up equity sooner is underestimating how the company might fare in the future – in the early stage, startups are still looking at finding their way through the business, for instance. “But in the beginning, we take equity dilution etc casually, only understanding about it later, in hindsight. At that point of time, when the business picks up, how your cap table looks becomes as important to the investor as everything else,” said Akshay Chaturvedi, co-founder of edutech startup Leverage Edu. In Leverage Edu’s case, even though the startup did not raise capital on ‘day zero’ however, after a certain while, as the company started to pick scale, it decided to pick money mostly from ‘angels who they knew’ instead of venture, since it did not wanted to dilute as would happen in a proper round, wanted more time to build around the fundamentals etc. “With a lot of things in place, and when ready to scale, Leverage Edu raised a VC round that was led by DSG Consumer Partners and Blume Ventures. I had worked in startups before, so that definitely helped,” he said. However, most early stage investors will not worry about early stage dilution as long as the valuation is on an uptick, said Mittal adding that the issue is when the overall level of dilution is high. As funding availability has grown in the country, at least startups have learnt the lesson the hard way – to not head for funding when there is no revenue, product road map or validation. “We raised seed funding without these and so we didn't have much leverage to negotiate on the valuation and ended up diluting quite a bit. Back then, we thought 50L was a big amount but in reality it was not. Within a year we were again desperate for next round of funding. So when someone is raising money they need to raise an amount which would at least give 2-3 years runway,” said Naren Krishna Madhurakavi, founder of Stockroom.io. There’s also an argument presented by investors. With more and more successes being witnessed in India, startup founders believe that smaller equity could be lucrative as well. “Interestingly enough when startups see examples of successful companies say when a Flipkart is acquired by <keyword id="80487" type="COMPANY" weightage="20" keywordseo="walmart">Walmart</keyword>, it encourages them to scale up faster and dilute as well because then even a small percentage of equity can be cashed out for a large sum,” said Mittal.

Indian startup founders are giving up ownership too early – and that's a bad idea

You Searched For "Indifi Technologies" and got 3 results

Apps don face masks to promote healthy practices amid COVID-19

PTI

Here’s all that you need to know about the upcoming India Internet Day 2019

BI India Bureau

Indian startup founders are giving up ownership too early – and that's a bad idea

Sanchita Dash

Popular Keywords

Buying Guides