Company CIN: U80100GJ2019NPL108202
Email ID: support@ihubgujarat.in
Company CIN: U80100GJ2019NPL108202
Email ID: support@ihubgujarat.in
Dr. Preet Deep Singh explained about the Finance and Compliance for early stage startups and he also give some suggestions on it.
Date : 16-04-2020
Time : 04:00 PM - 06:00 PM
Venue : Online Platform
Speaker Name : Dr Preet Deep Singh
About Speaker : Dr. Preet Deep Singh is a Gold-medalist Ph.D. from IIM, Ahmedabad. He led the Startup India Hub for Govt of India. He has worked with various State Governments and serves on the board of startups and incubators. He has been working with startups for a decade now. A company secretary by profession, he has been a consultant at KPMG and EY. He is currently on Business Reconstruction Team at Invest India. Worked on the Business Immunity Platform to ensure continuity of essential business activity during Corona Lockdown. Work on National Single Window Portal announced in Budget 2020. Led initiatives under the Startup India program, working with States and Corporates.
“FINANCING AND COMPLIANCE FOR EARLY STAGE STARTUPS”
“The business accommodates you for fitting in, but only rewards you for standing out.”
On distinction to whole startup entrepreneurship, you should know the amount of innovation you have. Early-stage financing is essential when moving from the start-up to the real business life cycle. In this phase, sales and firm growth begin. The objective of early-stage financing is to create a stable and permanent organization. while valuation is a very important issue for startups. If the valuation of the company is too high, then there will likely be a down-round in the next equity financing of the startups. If the valuation is too low, then the startups will give away too much of their company for the amount of capital they raise. The uncertainty surrounding the future impact of COVID-19 on our economy is making it much more difficult for both investors and startups to assess the valuation of early-stage companies.
