Best ways to find angel investors
I am building a D2C fashion brand and need to raise money (20 Lakhs) to get things off the ground. I am from Tier-I IIT and a single founder.
I have been trying to approach investors through multiple mediums. Cold mailing / LinkedIn. But things haven't worked.
College alumni also don't seem to respond, let alone give any warm intro.
How should I go about the fund raising process?
Talking product sense with Ridhi
9 min AI interview5 questions
It's funding winter, may be they are not willing to invest in ur idea.
There are 2 ways to approach this...
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Again go to board and see if MVP to PMF journey is fine, if yes then go full throttle if wom of latter is good enough. 20 lacs is an amount which can be easily funded through various state startup policy or through angels. They are not investing coz either they don't trust ur biz model or product.
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Pitch to your colleagues or relatives/family and raise this 2M. You will dilute very less to 0. No extrinsic pressure also. You can also consider crowdfunding platforms.
Cheers 🥂 and have perseverance
Can't raise from friends and family. They can't support financially.
Even I think that raising 15-20 lacs shouldn't be am issue. Just need one yes to get things going.
I definitely don't want to go back to job. Brand strategy has received good reviews from your network.
Hoping for the best.
Can We connect... Tg id @vedanta20
Let's try it on gvine. If you get 200 likes on a post maybe you can get 200 people to give you 10k each if your pitch is good. ;)
Call it a D2C AI powered circular sustainable fashion brand built on Web3 and secured on Ethereum
Try your luck here huddleglobal.co.in