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Chandu Nair  | Answer  |Ask -

VC, Angel Investing, Entrepreneurship Expert - Answered on Jul 06, 2023

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
Hansa Question by Hansa on Jul 05, 2023Hindi
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Sir, I am a sole proprietor of a firm. Do VC, angel investors only invest in private limited or limited companies and not in sole proprietorship firms? I wish to expand my business but not knowing how to approach VC and angel investors? Please guide. Thanks

Ans: Sole proprietorship, by its very definition, implies a single owner. You will need to convert it into a private limited company to attract other shareholders/ investors. To become investment-ready is a different ball game. It would be good for you to attend local entrepreneur association meets like TiE or become part of an incubator.
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