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Enhancing agri efficiencies through online farmers’ marketplace
DeHaat™
Market
Technology Inputs
Farmers
Green Agrevolution Pvt. Ltd.
1003, Springhouse, DLF Phase-IV, Gurgaon, Haryana |
B-83, Kankarbagh, Patna, Bihar (India) | 0612-2352244 | http://agrevolution.in/
Executive	Summary
Solution Need
01
HOW DO	WE	SOLVE	?
• Mobile	based	technology	to	
connect	farmers	in	India	to	best	
agricultural	input,	advisory	&	
Market
• Improving	transparency	&	
efficiency	of	agri value	chain
WHAT	DO	WE	SOLVE	?
• 70mn	Indian	farmers	don’t	have	access	
to	quality	value	chain	services
• Overall	agri based	transaction	size	is	$	
400bn
• Penetration	of	smart	phone	in	rural	area	
is	increasing	by	20%	every	year
WHY	US	?
• 20000+	farmers	network	
through	50+	DeHaat operators	&	
targeting	1mn	farmers	by	2020
• Revenue	of	$	1mn	in	F.Y.16	&	$	
1.5	mn in	F.Y.	17
• Tie	up	with	ITC,	UPL,	Cargill	&	
DuPont,	doTERRA &	many	more
Milestones
• 30%-40%	higher	cost	of	input	purchase
• Uncertainty	of	price,	quality	&	availability
• Often	get	misguided	about	the	right	
variety	and	input
• No	assurance	of	quality	&	accountability	
of	local	retailer		
Agri inputs
(Seed,	fertilizer	&	pesticides,	Equipment)
• No	reliable	channel	for	crop	advisory	
&	information	
• No	customization	based	on	farmers’	
profile	&	prevailing	crops
• Dependency	upon	local	aggregator	
• No	defined	payment	&	weighing	terms
• Scarce	logistic	support	to	reach	out	better	buyer	
or	market
• Up	to	40%	post	harvest	loss																					
Pain	Points
02
Up	to	
130%	
in	
efficiency
Crop	advisory Market	linkage	of	produce
Scarce	agri value	chain	services	and	dependency	upon	multiple	channels	lead	to	low	productivity	and	profitability	for	70	mn
small	farmers	in	India
• 10%-15%	saving	in	direct	cost	related	to	
seed	fertilizer	insecticides	&	other	inpts
• Wide	range	of	best	agri inputs	from	
competitive	sources
• Recommendation	of	right	dosage	and	
input	based	on	profile	&	historical	
cropping	pattern			
Agri inputs
(Seed,	fertilizer	&	pesticides,	Equipment)
• Up	to	20%	increment	in	farm	
productivity	
• Customized	crop	advisory	calls	in	
local	language
• One	on	One	interaction	with	experts	
on	toll	free	number	
• On	farm	query	resolution	through	
DeHaat service	providers	
• Up	to	15%	better	price	discovery		
• Access	to	better	buyer	&	market	
• Transparent	weighing	and	payment	terms	
• Communication	from	buyers	to	grow	niche	crop	
and	variety	as	per	market	demand																					
DeHaat – an	end	to	end	agri services
03
Up	to	
50%	
increment	
for	
farmers
Crop	advisory Market	linkage	of	produce
Farmers	get	access	to	complete	360	degree	agricultural	services	through	DeHaat and	experience	up	to	50%	increment	in	their	
income	from	agriculture
Delivery	mechanism
Nodal	Office
DeHaat
• Inventory	Management
• Coordination	with	CPs
• Data	Collation
• Capacity	building	of	Channel	partners	(CP)
• Logistics	Support
Farmers
• Farmer	Mobilization
• Input	Distribution
• Data	Collection
• Output	Aggregation
• Extension	Services
1:30
1:800
04
DeHaat – The	technology	for	last	mile	agri services
Farmers’	profile
management
Exhaustive	crop
pest	data	base	in	
local	language	
M-commerce	platform	
for	400+	agri input,	farm	
equipment	at	better	rates
Farm	based	advisory	
on	real	time	basis
05
• Set	up	supply	chain	for	
Wheat,	Paddy	&	Litchi
• Collaboration	with	bulk	
buyers
• Annual	transaction	INR	3	
Cr/year		
• Connects	farmers	directly	to	
institutional		&	bulk	buyers
• Verified	quality	&	quantity	is	
shared	with	large	pool
• Production	of	specific	crop/	
variety	with		complete	visibly					
Sales	of	agri inputs	
(B2B	market	place	for	seed,	insecticides	&		
farm	equipment	)
Market	linkage	of	farm	produce
(B2B	market	place)
Leveraging	farmers’	data	
• Forward	linkage	&	
contract	for	Maize	
buyers	&	warehouse
• Annual	transaction	of	
INR	7.5	CR
• Niche	crop	like		Mint	&	
Vegetables
Revenue	streams	(1/3)
06
2018-222015-172012-14
• Network	of	300,000		
farmers	,	500+	DeHaat
• Target	top	line	100	CR	
• Post	harvest	
infrastructure		for	Maize	
&	vegetables
• Avg.	gross	margin	16	%	-
20%
• Farmers	get	access	to	400+	agri
inputs	from	competitive	sources		
• Input	companies	get	direct	access	
to	farmers		
• Input	at	right	time,	price	&	quality			
Market	linkage	of	farm	produce
(B2B	market	place)
Sales	of	agri inputs	
(B2B	market	place	for	seed,	insecticides	
&		farm	equipment	)
07
Revenue	streams	(2/3)
Leveraging	farmers’	data	
2018-202015-172012-14
• Quality	seeds	of	
selective	crop	for	
quality	control	on	
produce	– Paddy,	
Wheat	&	vegetables	
• M-commerce	
platform	for	400+	
products		
• 100+	DeHaat for	last	
mile	delivery
• Annual	transaction	
NR	5	Cr	@	gross	
margin	of	12%-15%			
• DeHaat labeled	organic	
inputs	with	margin	30%
• More	offerings	through	
Farmers	version	app	
• Network	of	1million			
farmers	&	1000+	DeHaat
• Analytics	of	farmers’	data	related	
to	various	transaction	
• Insights	of	crop	productivity	,	crop	
status		for	agri stakeholders
• Use	of	data	for	designing	other	
services	for	farmers	
08
Revenue	streams	(3/3)
Market	linkage	of	farm	produce
(B2B	market	place)
Leveraging	farmers’	data	
Sales	of	agri inputs	
(B2B	market	place	for	seed,	insecticides	
&		farm	equipment	)
2018-202015-172012-14
• Technology	for	
Strong	backend	&	
database
• Got	pad	by	DuPont	
for	data	driven	
services				
• INR	1	Cr	revenue	
from	EDF	&	doTERRA
for	yield	insights	&	
traceability			
• Usage	of	data	to	offer	
more	services	to	farmers	
– crop	insurance	or	credit			
• Database	of	1	million	
farmers
• Log	of	detailed	
transaction
2016-17
Bihar & U.P.
5300	farmers
16	DeHaat
INR	7.1	Cr	revenue
10%	GM	
1%	EBITDA
2015-16
Bihar
2018-19
Bihar, U.P., M.P. &
Maharashtra
Financials
2017-18
Bihar & U.P.
15,000	farmers
38	DeHaat
INR	11	Cr	
revenue
12	%	GM	
3%	EBITDA
100,000	farmers
150	DeHaat
INR	30	Cr	revenue
16	%	GM	
1%	EBITDA
300,000	farmers
400	DeHaat
INR	90	Cr	revenue
18	%	GM	
5%	EBITDA
09
10
Capital	requirement
41%
53%
6%
Fund	utilization	(	INR	13	Cr)
Farmers	acquisition	&	
DeHaat	branding
Salary	&	corporate	
overhead
Technology
F.Y. Funding	Round Milestone
2015 Angel	round	– INR	50	
Lakh
Tech platform	set	up	&	Network	of	
15,000	farmers,	38	DeHaat dealers,	INR	
11	Cr	revenue
Target	fundraise
2017 Series	A	– INR 13	Cr Scaling	up	to	network	of	150	DeHaat &	
100,000	farmers,	Annual	GMV of		INR	40	
Cr
2018 Series	B	- INR 30	Cr Path to	exponential	growth	with	600	
DeHaat dealers	&	500,000+	farmers	to	
achieve	annual	GMV	of	INR	350	Cr
11
Scale	up	strategy
Till	2015
Farmers
Acquisition
DeHaat
Buyers/	
Suppliers
2016-18 2018	onward
Awareness	drive
Free	subscription	in	1st season
Toll	free	numbers	for	farmers	for	enrolment	as	well	as	query	registration
Farmers’	version	of	mobile	application	in	regional	languages
Individual	micro	entrepreneurs
as	DeHaat coordinator
Mobile	based	farmers’	market-
place	for		Agri input- advisory-
market
Adding	more	offerings	– crop	insurance,	credit
Adding	more	offerings	to	marketplace	– crop	insurance,	credit,	farm	equipment
7500 100,000	– 150,000 300,000
18 ~300 500+
User-friendly	technology
Small	input	retailer,	trader	as	
DeHaat coordinator
Collaboration	with	government,	corporate	CSR	program
Multi	state	expansion	in	India
Global	expansion	through	licensing
Selective	sellers	&	buyers	No	direct	
interaction	with	farmers	on	platform
35 150+ 350+
Dedicated	panel	&	tech	based	marketplace	
for	visibility	up	to	last	mile
Tech	based	360	agri services	under	one	roof	for	farmers
through	local	channel	partners
Sustainable	network	of	1	mn farmers	through	
network	of	1500	DeHaat dealers
Multi	state	expansion	in	India
Shashank	Kumar
Founder	&	CEO
• B.Tech from	IIT	Delhi	and	minor	MBA	from	Dept	of	Management	Studies,	IIT	Delhi	in	2008
• 8.5	yrs	of	experience	of	supply	chain consulting	&	agriculture	value	chain	services
• Got many	awards	for	entrepreneurial		&	leadership	skills	in	agriculture	– Ashoka Fellowship	(2013),	Forbes	30	under	30	(2014),	TieCon Silicon	
valley	speaker	(2016),	was	invited	by	PM	–India	and	Niti Aayog as	Champions	of	Change	(2017)
• Role: Framework	of	DeHaat technology,	Market	linkage	of	farm	produce,	Business	development	&	investors	relationship	
Amrendra Singh
Co-founder	&	VP,	Farmers’	
services
• B.Tech in Computer Science graduate from NIT Jamshedpur in 2012
• At Agrevolution, he led team to create a network of last mile agri service providers
• 4 yrs of experience of agricultural supply chain & operations
• Role : DeHaat network establishment & agri input supply chain
Shyam Sundar
COO
• PGDM at IIM Ahmadabad in 2011 and B.Tech at IIT Kharagpur in 2008
• 5 yrs of experience of agri supply chain & data analysis
• Role: Farmers’ acquisition, Data analytics
Aditya Khanna
CTO
• Completed his integrated masters in computing applications (MCA) from IIT Delhi in 2012
• 4 yrs of experience of Android development, python, machine learning & leading team of developers while working with American Express,
Accenture & as a freelancer
• Role: Leading tech development
- Other	key	team	members	are	Dr.	Kamal (	Head,	R&D),	Abhishek Dokania (6	yrs	of	agri supply	chain)
- 30+	years	of	overall	experience	of	agriculture	&	farming	services	as	a	team
Team14
15
Awards	&	Recognition
1st	prize	at	“Eureka’12”		
in	social	category- B-
plan	competition	at	IIT	B
Runners	up	at	TSEC-IIM	
C
in	2014
Winner of	Mobile	4	
Good- 2015
Forbes	30	under	30	in	
2014
Amazing	Indian	in	
2014
Winner of	5th	AFI	
forum-Silicon	Valley	
Challenge	
Ashoka Fellow	in	
2013
Incubated	for	6	months	at		
Santa	Clara	University
Featured	amonst 20
top		social	business	in	
2013	
Featured	by	YS	as	“Start	
up	of	the	month”
Advisors
How	? WhyUs ?
16
Shrikant Lohokare Prof. P.K.Sinha
• Martin	is	Director	of	Fem	
Sustainable	Social	Solutions	
(FemS3).	FemS3	is	funding	social	
enterprise	models	and	providing	
last-mile	consulting	services.	
Martin	joined	FemS3	in	June	2010.	
• He	obtained	a	PhD	in	Business	
Ethics	from	“Universitaet
Eichstaett”	(Germany).	
• Martin	has	also	co-launched	an	
impact-investing	fund	early	this	
year	focusing	on	early-stage	social	
enterprises.	
Milestones
• He	is	SFO	based	&	highly	diversified	
experience	of		Technology	
Executive,	Entrepreneur,	and	
Investor	with	over	20	years	of	
innovation,	engineering,	strategic	
marketing,	business	development	
leadership	and	general	
management	experience	in	
Fortune	500	companies,	venture-
backed	start	ups,	evaluating,	
negotiating,	and	structuring	direct	
venture	capital/	private	equity	
investments,	strategic	alliances,	
mergers	and	acquisitions
• Mr.	Sinha	is	a	Professor	in	Retailing	
and	Marketing	at	Indian	Institute	of	
Management	Ahmedabad	(IIMA),	
India.	He	is	also	the	Chairperson	of	
the	Centre	for	Retailing	at	IIMA.	
Before	IIMA,	he	has	been	a	faculty	
at	IIM	Bangalore,	XIMB	and	Dean	
at	MICA.
He	has	published	several	books.	His	
book	on	Retailing	has	been	
published	by	Oxford	University	
Press
• Ashish is	graduate	from	IIT-Delhi	&	
MBA	from	Stanford.
• As	management	consultant	He	
worked	with	Boston	Consulting	
Group	to	drive	strategic	change	in	
product	management,	organization	
and	operational	functions	of	
fortune	500	companies.	
• He	has	also	worked	closely	with	2	
Silicon	Valley	start	ups	 Kinestral
Technologies	and	Relcy Inc	for	total		
fund	raise	of	$	30mn	+	&	team	
expansion	to	50+		
Ashish NagarMartin	Vogelsang
GREEN	
AGREVOLUTION	
PVT.	LTD
Enhancing	agri efficiencies	through	online	
farmers’	marketplace
Thank	You
© Copyright 2016, Green Agrevolution Pvt. Ltd.

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  • 1. Enhancing agri efficiencies through online farmers’ marketplace DeHaat™ Market Technology Inputs Farmers Green Agrevolution Pvt. Ltd. 1003, Springhouse, DLF Phase-IV, Gurgaon, Haryana | B-83, Kankarbagh, Patna, Bihar (India) | 0612-2352244 | http://agrevolution.in/
  • 2. Executive Summary Solution Need 01 HOW DO WE SOLVE ? • Mobile based technology to connect farmers in India to best agricultural input, advisory & Market • Improving transparency & efficiency of agri value chain WHAT DO WE SOLVE ? • 70mn Indian farmers don’t have access to quality value chain services • Overall agri based transaction size is $ 400bn • Penetration of smart phone in rural area is increasing by 20% every year WHY US ? • 20000+ farmers network through 50+ DeHaat operators & targeting 1mn farmers by 2020 • Revenue of $ 1mn in F.Y.16 & $ 1.5 mn in F.Y. 17 • Tie up with ITC, UPL, Cargill & DuPont, doTERRA & many more Milestones
  • 3. • 30%-40% higher cost of input purchase • Uncertainty of price, quality & availability • Often get misguided about the right variety and input • No assurance of quality & accountability of local retailer Agri inputs (Seed, fertilizer & pesticides, Equipment) • No reliable channel for crop advisory & information • No customization based on farmers’ profile & prevailing crops • Dependency upon local aggregator • No defined payment & weighing terms • Scarce logistic support to reach out better buyer or market • Up to 40% post harvest loss Pain Points 02 Up to 130% in efficiency Crop advisory Market linkage of produce Scarce agri value chain services and dependency upon multiple channels lead to low productivity and profitability for 70 mn small farmers in India
  • 4. • 10%-15% saving in direct cost related to seed fertilizer insecticides & other inpts • Wide range of best agri inputs from competitive sources • Recommendation of right dosage and input based on profile & historical cropping pattern Agri inputs (Seed, fertilizer & pesticides, Equipment) • Up to 20% increment in farm productivity • Customized crop advisory calls in local language • One on One interaction with experts on toll free number • On farm query resolution through DeHaat service providers • Up to 15% better price discovery • Access to better buyer & market • Transparent weighing and payment terms • Communication from buyers to grow niche crop and variety as per market demand DeHaat – an end to end agri services 03 Up to 50% increment for farmers Crop advisory Market linkage of produce Farmers get access to complete 360 degree agricultural services through DeHaat and experience up to 50% increment in their income from agriculture
  • 5. Delivery mechanism Nodal Office DeHaat • Inventory Management • Coordination with CPs • Data Collation • Capacity building of Channel partners (CP) • Logistics Support Farmers • Farmer Mobilization • Input Distribution • Data Collection • Output Aggregation • Extension Services 1:30 1:800 04
  • 6. DeHaat – The technology for last mile agri services Farmers’ profile management Exhaustive crop pest data base in local language M-commerce platform for 400+ agri input, farm equipment at better rates Farm based advisory on real time basis 05
  • 7. • Set up supply chain for Wheat, Paddy & Litchi • Collaboration with bulk buyers • Annual transaction INR 3 Cr/year • Connects farmers directly to institutional & bulk buyers • Verified quality & quantity is shared with large pool • Production of specific crop/ variety with complete visibly Sales of agri inputs (B2B market place for seed, insecticides & farm equipment ) Market linkage of farm produce (B2B market place) Leveraging farmers’ data • Forward linkage & contract for Maize buyers & warehouse • Annual transaction of INR 7.5 CR • Niche crop like Mint & Vegetables Revenue streams (1/3) 06 2018-222015-172012-14 • Network of 300,000 farmers , 500+ DeHaat • Target top line 100 CR • Post harvest infrastructure for Maize & vegetables • Avg. gross margin 16 % - 20%
  • 8. • Farmers get access to 400+ agri inputs from competitive sources • Input companies get direct access to farmers • Input at right time, price & quality Market linkage of farm produce (B2B market place) Sales of agri inputs (B2B market place for seed, insecticides & farm equipment ) 07 Revenue streams (2/3) Leveraging farmers’ data 2018-202015-172012-14 • Quality seeds of selective crop for quality control on produce – Paddy, Wheat & vegetables • M-commerce platform for 400+ products • 100+ DeHaat for last mile delivery • Annual transaction NR 5 Cr @ gross margin of 12%-15% • DeHaat labeled organic inputs with margin 30% • More offerings through Farmers version app • Network of 1million farmers & 1000+ DeHaat
  • 9. • Analytics of farmers’ data related to various transaction • Insights of crop productivity , crop status for agri stakeholders • Use of data for designing other services for farmers 08 Revenue streams (3/3) Market linkage of farm produce (B2B market place) Leveraging farmers’ data Sales of agri inputs (B2B market place for seed, insecticides & farm equipment ) 2018-202015-172012-14 • Technology for Strong backend & database • Got pad by DuPont for data driven services • INR 1 Cr revenue from EDF & doTERRA for yield insights & traceability • Usage of data to offer more services to farmers – crop insurance or credit • Database of 1 million farmers • Log of detailed transaction
  • 10. 2016-17 Bihar & U.P. 5300 farmers 16 DeHaat INR 7.1 Cr revenue 10% GM 1% EBITDA 2015-16 Bihar 2018-19 Bihar, U.P., M.P. & Maharashtra Financials 2017-18 Bihar & U.P. 15,000 farmers 38 DeHaat INR 11 Cr revenue 12 % GM 3% EBITDA 100,000 farmers 150 DeHaat INR 30 Cr revenue 16 % GM 1% EBITDA 300,000 farmers 400 DeHaat INR 90 Cr revenue 18 % GM 5% EBITDA 09
  • 11. 10 Capital requirement 41% 53% 6% Fund utilization ( INR 13 Cr) Farmers acquisition & DeHaat branding Salary & corporate overhead Technology F.Y. Funding Round Milestone 2015 Angel round – INR 50 Lakh Tech platform set up & Network of 15,000 farmers, 38 DeHaat dealers, INR 11 Cr revenue Target fundraise 2017 Series A – INR 13 Cr Scaling up to network of 150 DeHaat & 100,000 farmers, Annual GMV of INR 40 Cr 2018 Series B - INR 30 Cr Path to exponential growth with 600 DeHaat dealers & 500,000+ farmers to achieve annual GMV of INR 350 Cr
  • 12. 11 Scale up strategy Till 2015 Farmers Acquisition DeHaat Buyers/ Suppliers 2016-18 2018 onward Awareness drive Free subscription in 1st season Toll free numbers for farmers for enrolment as well as query registration Farmers’ version of mobile application in regional languages Individual micro entrepreneurs as DeHaat coordinator Mobile based farmers’ market- place for Agri input- advisory- market Adding more offerings – crop insurance, credit Adding more offerings to marketplace – crop insurance, credit, farm equipment 7500 100,000 – 150,000 300,000 18 ~300 500+ User-friendly technology Small input retailer, trader as DeHaat coordinator Collaboration with government, corporate CSR program Multi state expansion in India Global expansion through licensing Selective sellers & buyers No direct interaction with farmers on platform 35 150+ 350+ Dedicated panel & tech based marketplace for visibility up to last mile Tech based 360 agri services under one roof for farmers through local channel partners Sustainable network of 1 mn farmers through network of 1500 DeHaat dealers Multi state expansion in India
  • 13. Shashank Kumar Founder & CEO • B.Tech from IIT Delhi and minor MBA from Dept of Management Studies, IIT Delhi in 2008 • 8.5 yrs of experience of supply chain consulting & agriculture value chain services • Got many awards for entrepreneurial & leadership skills in agriculture – Ashoka Fellowship (2013), Forbes 30 under 30 (2014), TieCon Silicon valley speaker (2016), was invited by PM –India and Niti Aayog as Champions of Change (2017) • Role: Framework of DeHaat technology, Market linkage of farm produce, Business development & investors relationship Amrendra Singh Co-founder & VP, Farmers’ services • B.Tech in Computer Science graduate from NIT Jamshedpur in 2012 • At Agrevolution, he led team to create a network of last mile agri service providers • 4 yrs of experience of agricultural supply chain & operations • Role : DeHaat network establishment & agri input supply chain Shyam Sundar COO • PGDM at IIM Ahmadabad in 2011 and B.Tech at IIT Kharagpur in 2008 • 5 yrs of experience of agri supply chain & data analysis • Role: Farmers’ acquisition, Data analytics Aditya Khanna CTO • Completed his integrated masters in computing applications (MCA) from IIT Delhi in 2012 • 4 yrs of experience of Android development, python, machine learning & leading team of developers while working with American Express, Accenture & as a freelancer • Role: Leading tech development - Other key team members are Dr. Kamal ( Head, R&D), Abhishek Dokania (6 yrs of agri supply chain) - 30+ years of overall experience of agriculture & farming services as a team Team14
  • 14. 15 Awards & Recognition 1st prize at “Eureka’12” in social category- B- plan competition at IIT B Runners up at TSEC-IIM C in 2014 Winner of Mobile 4 Good- 2015 Forbes 30 under 30 in 2014 Amazing Indian in 2014 Winner of 5th AFI forum-Silicon Valley Challenge Ashoka Fellow in 2013 Incubated for 6 months at Santa Clara University Featured amonst 20 top social business in 2013 Featured by YS as “Start up of the month”
  • 15. Advisors How ? WhyUs ? 16 Shrikant Lohokare Prof. P.K.Sinha • Martin is Director of Fem Sustainable Social Solutions (FemS3). FemS3 is funding social enterprise models and providing last-mile consulting services. Martin joined FemS3 in June 2010. • He obtained a PhD in Business Ethics from “Universitaet Eichstaett” (Germany). • Martin has also co-launched an impact-investing fund early this year focusing on early-stage social enterprises. Milestones • He is SFO based & highly diversified experience of Technology Executive, Entrepreneur, and Investor with over 20 years of innovation, engineering, strategic marketing, business development leadership and general management experience in Fortune 500 companies, venture- backed start ups, evaluating, negotiating, and structuring direct venture capital/ private equity investments, strategic alliances, mergers and acquisitions • Mr. Sinha is a Professor in Retailing and Marketing at Indian Institute of Management Ahmedabad (IIMA), India. He is also the Chairperson of the Centre for Retailing at IIMA. Before IIMA, he has been a faculty at IIM Bangalore, XIMB and Dean at MICA. He has published several books. His book on Retailing has been published by Oxford University Press • Ashish is graduate from IIT-Delhi & MBA from Stanford. • As management consultant He worked with Boston Consulting Group to drive strategic change in product management, organization and operational functions of fortune 500 companies. • He has also worked closely with 2 Silicon Valley start ups Kinestral Technologies and Relcy Inc for total fund raise of $ 30mn + & team expansion to 50+ Ashish NagarMartin Vogelsang