workshop on "changing landscape of angel investing" by manish singhal
DESCRIPTION
Workshop on "Changing Landscape of Angel Investing" by Manish Singhal during the 2nd Annual eTailing India Conclave Chennai 2014TRANSCRIPT
www.letsventure.com
Changing Landscape of Angel Investing
Startup Funding Made Easy
Manish Singhal, Founder & CEO @manish_saarthi
www.letsventure.com
Incredible India
Population
1,23,70,00,000 (17.5% of world populaltion)
www.letsventure.com
Incredible India
Population
1,23,70,00,000 (17.5% of world populaltion)
Babies Born/Day
42,434
www.letsventure.com
Incredible India
Population
1,23,70,00,000 (17.5% of world populaltion)
Babies Born/Day
42,434
Engineers produced/Year
7,50,000
www.letsventure.com
Incredible India
Population
1,23,70,00,000 (17.5% of world populaltion)
Babies Born/Day
42,434
Engineers produced/Year
7,50,000
Voters in 2014 General Elections
81,40,00,000
www.letsventure.com
However…
www.letsventure.com
No. of startups Funded in India ~200-‐300 / year
Source: ventureintelligence
Unconfirmed reports say ~500-‐700 Angel Investors in India
0
50
100
150
200
250
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 0
200
400
600
800
1000
1200
Value US$ Million No. of Deals
www.letsventure.com
Current Situation
Early Stage Funding in India is broken! Hardly 200 investments a year!
WHY?
www.letsventure.com
Several Factors at play
Limited Access to Investors
Syndicating deals not easy for an Entrepreneur
Long lead times on closing investment
rounds
Lack of Transparency
www.letsventure.com
Startup Funding Scenario – India
India vs USA
2012 | 200 deals to 1,749 deals
2013 | 293 deals to 1,858 deals
Startups Funded in India by Sector
www.letsventure.com
There is a hope though!
www.letsventure.com
Things that will define the Early Stage Funding in coming days.. 3
www.letsventure.com
One
NEW FOUND LOVE FOR STARTUPS ESP EARLY STAGE
www.letsventure.com
New Capital!
ì Folks with Disposable Income
With syndication platforms available, the average contribution is coming to ~5L INR per deal
www.letsventure.com
New Capital!
ì Folks with Disposable Income
With syndication platforms available, the average contribution is coming to ~5L INR per deal
ì Number of lead investors are increasing
www.letsventure.com
New Capital!
ì Folks with Disposable Income
With syndication platforms available, the average contribution is coming to ~5L INR per deal
ì Number of lead investors are increasing
ì Institutional Investors are getting involved in early stage deals
5 deals out of 10 had an institutional investor
www.letsventure.com
New Capital!
ì Folks with Disposable Income
With syndication platforms available, the average contribution is coming to ~5L INR per deal
ì Number of lead investors are increasing
ì Institutional Investors are getting involved in early stage deals
4 deals out of 10 had an institutional investor
ì Increased M & A activity
Little Eye Labs, CoolTok etc
iSprit initiative
www.letsventure.com
Two
INCREASING FOCUS ON DOMESTIC MARKET & B2B
www.letsventure.com
Domestic Market & B2B
ì Increasing interest from investors to look at “India Story” Startups focusing on serving India is picking traction
Servesy, OnlineRTI
www.letsventure.com
Domestic Market & B2B
ì Increasing interest from investors to look at “India Story” Startups focusing on serving India are picking traction
Servesy, OnlineRTI
ì B2B startups are getting more traction Increased acceptance from businesses to work with startups
POSist, FRROLE
www.letsventure.com
Three
PLATFORMS ARE ENABLING DISCOVERY ACROSS GEOGRAPHIES
www.letsventure.com
BlueGape
www.letsventure.com
OnlineRTI
www.letsventure.com
Scenario
Investors are comfortable looking at details of the startups and committing
online
Startups are comfortable in putting their key details and making connections
to Global Investors
www.letsventure.com
§ Founded -‐ May 2013 § Private Beta Launched -‐ Sept 2013 § Public Beta Launched -‐ Dec 5 2013
STARTUP FUNDING MADE EASY
ü Make Early Stage Funding for Startups easy for the
Indian ecosystem
ü Enable a Connected Startup Ecosystem
(Discover, Connect, Build)
LetsVenture
www.letsventure.com
LetsVenture in last 10 months
1401 Startups
585 Investors
255 478 107
from 16 countries
Actively Fundraising
Angel Investors Institutional Investor
700+ Investor Connections Made
14.57 Cr Total Funds Committed
101 Investors Participated in 10 deals
www.letsventure.com
Platform Traction
1272 Startups
561 Investors
234 457 104
from 16 countries
Actively Fundraising Angel Investors Institutional Investor
700+ Investor Connections Made
12.25 Cr Total Funds Committed
82 Investors Participated in 9 deals
7 Days
To close first syndicate – bluegape.com
9 Syndicates Closed Recently
12 Cr Funding Committed so far – Online
www.letsventure.com
Angel Trends on LV
www.letsventure.com -‐ Funded & Announced
Last 10 Months – Startups we made a difference to..
www.letsventure.com
Thank You! Manish Singhal
www.letsventure.com Startup Funding Made Easy