Challenges for women entrepreneurs & Rebalance
Challenges for women entrepreneurs & Rebalance
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There may not be consensus on this, but my experience is that women founders carry a relatively higher burden (esp. emotionally) & have a tougher journey compared to men. Every investor (incl. me) feels that we aren’t biased against them, yet it seems there are lesser women founders compared to the ratio in broader workforce. At most startup events, you see a smaller percentage of women than in a large firm’s cafeteria. Structurally, there’s little additional support available to them given their unique challenges.

That’s why I really liked Aishwarya & Vikas’ mission at Rebalance. It’s a new accelerator aiming to improve diversity in tech in India, esp. supporting women founders by providing them network & mentoring. Their first cohort just graduated. And it’s a job well done with women founders tackling problems across the spectrum.

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The non-VC funding path
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Several entrepreneurs in India I come across have an ambition to build steady-growth, profitable & fundamentally solid businesses. While they’re not fit for VC funding (size/speed expectation mismatch), debt availability is also low for them early on. And so their business suffers and such entrepreneurs feel orphaned by India’s investor ecosystem.

While royalty-based funding has been around globally it hasn’t surfaced in India yet. This YC demo day promised that the time for income share funding might have come in the US, but will take time before we see it here.

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News: Doxper raises $4M as part of Series A led by Alkemi Venture Partners
News: Doxper raises $4M as part of Series A led by Alkemi Venture Partners
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Today, a Globevestor portfolio company, Doxper, has announced its Series A round. Doxper aims to be one of the largest healthcare informatics company in India & SE Asia, and helps hospitals & doctors digitize prescriptions.

There’s no question that the current practice of writing prescriptions by hand on a paper, followed by doctors in India, is archaic and will be replaced in the future with more tech solutions. This practice is also the reason why digitizing prescriptions has been such a tough problem to solve till now. However, it also makes for a classic case study in change management. How do you make an industry move to a new-age solution, when the current habits are well-entrenched and honestly, are more efficient for the practitioners?

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News: IAN Fund leads a Rs 19 crore round in Chakr Innovation
News: IAN Fund leads a Rs 19 crore round in Chakr Innovation
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This morning, woke up to the announcement by one of Globevestor portfolio companies, Chakr Innovation, about its Series A fundraise. Chakr is on a mission to reduce air pollution, an evil of our times and an increasingly alarming problem in India.

Living in Delhi NCR since 2004, both me and my wife develop small respiratory issues for 3-4 months in winter, when the air quality drops significantly in the metropolis. With two little children, we only wonder what the air could do to their lungs. It’s a problem that has literally hit home.

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5 Key things investors look for in a startup
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A few days ago, I did a session at InstaOffice for entrepreneurs, trying to de-mystify startup investors and their thought process. I really enjoyed the event as it was very interactive, with lots of questions from entrepreneurs in the audience.

One key topic of the discussion was the key things investors look for in a startup. Over time, I’ve realized that things investors take for granted often comes as news to entrepreneurs, such as this. InstaOffice team did a brief video on this topic to go along with the talk, which is the focus video of this post.

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Why are investors unapproachable & unresponsive? And how to fundraise from them?
Why are investors unapproachable & unresponsive? And how to fundraise from them?
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There are several grievances early-stage founders have against startup investors, especially related to approachability & communication. Some of them are — investors never respond to emails, they can at least acknowledge founder emails, they vanish after first call or meeting, and worse, they are snobs. Of course there are other criticisms, like investors don’t know what they’re doing, they fund bad startups, they don’t respect cash or profitability, etc. — but these are topics of another post.

Coming back to the complaints on approachability & communication, the answer is that these are both right and wrong. Some investors are good at this, some are bad.

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Isn’t LinkedIn very cluttered nowadays?
Isn’t LinkedIn very cluttered nowadays?
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Linkedin is useful but extremely cluttered now, especially if you accept lot of connection requests (founders/ startup folk for me). Great posts used to surface easily earlier in the feed, but now it’s a chore to find even one good one.

Linkedin should have a setting where you don’t automatically follow every new connection, but can pick and choose who to follow.

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Why Meesho is in our anti-portfolio
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In today’s Livemint, Globevestor’s co-founder & Partner, PN Raju writes about a successful company that’s in our anti-portfolio – Meesho. Here’s the complete article on Livemint.

Sometimes as investors, we don’t see the strength of the underlying trends as well as the entrepreneurs, so it’s useful for us to hear out and learn from them. If you’re building a venture to take advantage of some strong underlying trends in a sector that not many people see, ping me!

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