Need Expert Advice?Our Gurus Can Help

VC, Angel Investing, Entrepreneurship Expert - Answered on Feb 14, 2024

Chandu Nair advises entrepreneurs and enterprises about creating and building their business.
He has direct experience in angel, venture capital and strategic investor funding. Over the last three decades, he has made a name for himself in industry, consultancy, media and information services.
Nair is on the advisory boards of the Chennai-based private equity firm Fulcrum and the social impact fund, Menterra. He's an independent director on the board of India's first retail building products company, Shankara Building Products Limited.
He was the co-founder of Scope e-Knowledge Center, a pioneering knowledge process outsourcing company, as well as the co-founder of a business-to-business e-commerce venture, both of which he successfully exited.... more

Asked by Anonymous - Nov 23, 2023Hindi

Listen

Hi Chandu sir, I am running a preschool i pune from last 10 years. I want to start school till 10th. Please let me know how to raise capital to start it. Minimum requirement to start a school in Maharashtra is one acre.

Ans: I am sure you have a pretty good track record since you have managed to run a pre-school for 10 years. Ideally you should target friends, family and extended network with money and interest in this space as potential investors as they know you personally and professionally. Plus they can also help in other ways- getting you teachers, managing the local environment, popularising the school in your catchment areas, perhaps even come in as co-founder looking after specific activities. Pl also consult local CAs and financial consultants who can help organise debt financing.

CareerReply

You may like to see similar questions and answers below

Baqar Iftikhar Naqvi |114 Answers |Ask -Follow

Start-up Mentor - Answered on Sep 16, 2023

Question by Bhawani - Sep 09, 2023Hindi

Listen

I want to start business but I have low capital. Plss help me out how to start a business sir.

Ans: In whatever is your area of interest, talk to as many experts and consumers you can.. evaluate if your idea is solving a real problem that your potential consumers face. Fine tune your business idea. Then again talk to people if they are willing to pay you money to sort out the problem.. and how much. Concurrently, talk to experts on the cost of solving the problem/ offering the solution. Wherever you think the cost of solution is lesser than what people are willing to pay, is a good idea to work on prima facie. Then create a detailed feasibility report. Take help of some expert at this stage. Understand the investments and evaluate how you will need to fund the business initially. See if you can get some grants / seed funding. Typically seed funding is through friends and family . There are also a few govt schemes for entrepreneurs- see if you can get some grant/ financial assistance under these schemes. Put some of your own money and start implementing your idea in the mean while. Don’t be over optimistic in your planning. Work for the best but be prepared for the worst.