Founder
Indian Startups
By · Channel Sales
Any Kolkata based founder here?
I am looking to collaborate with Kolkata business owner or startup founder
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Fintech India
By · Venture Capital
Stride Ventures: Fraud, NPAs, Evergreening and Predatory with Founders
Have been a part of the VC ecosystem for a while now, and have been a first hand observer of how Stride Ventures has been operating (vis a vis other Venture Debt players that have been around for ~15 years+).
Typical playbook:
1. Will do venture debt structures that hide/ mask the real cost of the debt from founders and leaves them in worse off positions. Multiple founders have come back complaining about this (Eg: A B2B player, a D2C brand in jewellery) - all of whom have spoken about their predatory practices. Another case of a D2C Natural BPC brand, where Stride marketed a product as freely available and then locked the liquidity by lying to the founders.
TLDR - Founders, consult your VCs before going to them, or go with the reliable VD players.
2. Takes risks that venture debt doesn't allow, outright lying to LPs, and hiding NPAs. Technically, if a fund manager has a debt AIF and NBFC also, there's a huge conflict of interest. They've used multiple vehicles to mask NPAs in other vehicles and refinanced / evergreened alot of facilities.
3. The worst of all - they have killed companies by their predatory tactics. Can't take names. But those who know. Receivable cycles, WC and revolver form the heartbeat for multiple credit heavy businesses. They have killed those businesses by lying about availability of facilities.
To top it all, the top management is downright predatory - will mask NPAs, evergreen loans, launch new vehicles and raise capital in those.
Too bad for them - LPs have caught this, and sooner than later - the music will stop when the vintage for Fund I is done and returns, MOIC, DPI - all fall flat (and worse - capital loss).
Mostly just an advice to founders, to have the long term view and chose right VCs / venture debt partners.
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Indian Startups
By · Software Engineer
Looking for a co-founder(ai/ml/datascience space)
Looking for a co-founder
Building something like perplexity, looking to collaborate with ml/datascience enthusiast
Fair share of equity will be given
Thx
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Salary Discussion
Founder's Office Intern
I am getting an internship at 9k per month in my final year. Work commitment is 3-4hrs a day and 5 days a week. It's an early stage startup, what should I do?
Join or explore other opportunities?
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Indian Startups
Startup companies are shit..Anyone create a website and buy a .com domain call themselves a founder😂
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Indian Startups
By · Channel Sales
I am looking to collaborate with founder/ business owner on profit sharing or revenue sharing model - so that I can expand his/her business
I am looking to collaborate with founder/ business owner on profit sharing or revenue sharing model - so that I can expand his/her business by acquiring new clients.
Founder dealing in following sectors are welcome:-
healthcare, wellness, advanced security & safety wearables, quick emergency systems, offline crime prevention technology & system, road accident prevention technology & system, advanced anti- air pollution system, injuries prevention wearables, artificial intelligence, robotics, cyber security,green energy, ride hailing, biotech, genetics, sustainable science, waste management, pharmaceuticals, ai smart manufacturing machines, exports, film production , entertainment, leisure/travel and b2b/b2c/d2c online marketplace
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Mumbai
By · Channel Sales
I am looking to collaborate with founder/ business owner
I am looking to collaborate with founder/ business owner on profit sharing or revenue sharing model - so that I can expand his/her business by acquiring new clients.
Founder dealing in following sectors are welcome:-
healthcare, wellness, advanced security & safety wearables, quick emergency systems, offline crime prevention technology & system, road accident prevention technology & system, advanced anti- air pollution system, injuries prevention wearables, artificial intelligence, robotics, cyber security,green energy, ride hailing, biotech, genetics, sustainable science, waste management, pharmaceuticals, ai smart manufacturing machines, exports, film production , entertainment, leisure/travel and b2b/b2c/d2c online marketplace
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Indian Startups
By · Channel Sales
I want to connect with innovative startup founder/business owner
I am looking to collaborate with founder/ business owner on profit sharing or revenue sharing model - so that I can expand his/her business by acquiring new clients.
Founder dealing in following sectors are welcome:-
healthcare, wellness, advanced security & safety wearables, quick emergency systems, offline crime prevention technology & system, road accident prevention technology & system, advanced anti- air pollution system, injuries prevention wearables, green energy, ride hailing, biotech, genetics, sustainable science, waste management, pharmaceuticals, ai smart manufacturing machines, exports, film production , entertainment, leisure/travel and b2b/b2c/d2c online marketplace
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Bangalore
By · Channel Sales
I want to connect with innovative startup founder /business owner
I am looking to collaborate with founder/ business owner on profit sharing or revenue sharing model - so that I can provide him/her clients.
Founders dealing in following sectors are welcome:-
healthcare, wellness, advanced security & safety wearables, quick emergency systems, offline crime prevention technology & system, road accident prevention technology & system, advanced anti- air pollution system, injuries prevention wearables, green energy, ride hailing, biotech, genetics, pharmaceuticals, ai smart manufacturing machines, exports, film production , entertainment, leisure/travel and b2b/b2c/d2c online marketplace
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