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?
Call it a D2C AI powered circular sustainable fashion brand built on Web3 and secured on Ethereum
It's funding winter, may be they are not willing to invest in ur idea.
There are 2 ways to approach this...
1. 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.
2. 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
Googl
Stealth
a year ago
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.
See more comments
iBoy
Stealth
a year ago
You can pitch to me on TG: @ajainuary
Googl
Stealth
a year ago
Sure
SabChangaSi
Stealth
a year ago
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. ;)
Googl
Stealth
a year ago
Sounds interesting. What do you think about launching the crowd funding campaign for the startup if there is a compelling story around the idea?
SabChangaSi
Stealth
a year ago
It's possible. The only thing is that you'd want to go through an aggregator who can represent the investors.
See more comments
JustOkayJoe
Stealth
a year ago
Try your luck here huddleglobal.co.in
