• Making Investment In India's Start-up Ecosystem Accessible To Everyone!

  • Sep 21 2022
  • Length: 14 mins
  • Podcast

Making Investment In India's Start-up Ecosystem Accessible To Everyone!

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  • Summary

  • What did you do when you were 16? Goofed around, played, and joked? A child prodigy and two-time entrepreneur Krishna Maggo manages an online platform for startups to raise money. When his board exams were postponed to 2021, Krishna founded his first business and used the free time to launch "GrowwVenture," a platform for angel investing. He then concentrated on retail investors and built his second business, "Sateeq," which enables regular people to become investors by contributing as little as Rs. 5000 to startups across India. Sateeq uses an invitation-only method to enroll startups. Krishna's ten-person business goes through a three-step verification process before registering businesses. This entails a startup being scouted and verified by Sateeq investors, followed by a review of investment possibilities. The final step is to hire an outside company to perform a startup's due diligence. Sateeq has registered more than a dozen startups and added more than 5,000 investors to its network in less than a month since the platform's beta launch. Investors like Mumbai Angels, Ivy Capital, Shraddha Sharma, Vaibhav Vardhan, Kiran Mani, Deshpande Startups, and Shark Tank India have already supported these startups.
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