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	
  
manish@letsventure.com	
  
www.letsventure.com
Startup Funding Made Easy

Workshop on "Changing Landscape of Angel Investing" by Manish Singhal