Advice to Entrepreneurs seeking funding
“Answer to yourself first, how convinced you are that you can make this project a completely scalable model and take it to the next level. Because if you are not convinced then you cannot convince anybody else.
Be convinced that these are the skill sets, which I can use for my project, and these are the skill sets I can find from others. Therefore don’t hesitate to find the right co-founders for your project. It is very important to have a balanced team at the management level so that you can always have crossing of ideas. Single promoter driven companies are always not the best choice for the investors.”
Smriti is an investment banking professional, with extensive experience in advising clients on fund raising, mergers and acquisitions, growth strategy etc. She runs a boutique Investment Banking Firm – First League Ventures, based out of NCR, to support early stage businesses in their strategy and fund raising process. A Chartered Accountant by profession, she has worked on multiple statutory and internal audits, tax engagements and due diligence engagements for both large enterprises as well as SMEs. She has over 12 years of Investment Banking experience from a Big 4 firm in India, focused on private equity / venture fund raising and strategic acquisitions. Her expertise is financial modeling, deal structuring, valuation, due diligence and deal negotiation in the Telecom, Media and Technology sectors, including Education and Professional services.