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Chandu

Chandu Nair  |65 Answers  |Ask -

VC, Angel Investing, Entrepreneurship Expert - Answered on Aug 09, 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
Yazdi Question by Yazdi on Jul 24, 2023Hindi
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Dear Sir I have been trying to ask companies by writing to their email communications like TATA Godrej Honda Toyota.....about my Brainchild Engine block idea which dosent use fuels or water or electricity ..So i asked them to give me an audience in their Research Centre to get my idea presented.. No reply What should i do to draw thei attention? It could be a great idea for mankind with a plethora of uses.. Thanks for reading. yazdi patel 24.07.2023

Ans: Have you done any ground work at all with respect to your idea? What is the prior experience that you have in this field? Are you part of any University research team or department working on such issues? Have you published any papers on this subject?

To get interest, you need to demonstrate that you have something credible and solid to offer. These are large, reputed companies who get several offers from different individuals and entities.
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Chandu

Chandu Nair  |65 Answers  |Ask -

VC, Angel Investing, Entrepreneurship Expert - Answered on Jul 18, 2023

Asked by Anonymous - Jul 17, 2023Hindi
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dear sir, we’ve based our product startup companies( ie Ltd&LLP all certified with DPIIT…) based on innovations and mostly hardcore inventions, some of which are internationally awarded and patented. almost all of our products carry some or other innovations in true sense not just trendy hype… From medical domain, home furnishings fitments to VVIP security or defence and more, we’ve game changing innovations in most products. sir , before we seek VC,Angels investors, we want to build ready POCs for spinning off, domain specific firms since private investors would want a profitable and viable setup for definite ROIs; ie we wish to have either govt/Philanthropic grants based on innovations and potential future ROI… ( We want to concentrate and rather assert our selves, on real value adding products for benefit of all stakeholders , not just making profits… in one line, we wish to act independently without reporting to investors targeting profits than products value creating innovative checklists… atleast before we come out with sellable MVP on shelf market realities. initial seeding has totally exhausted our savings, assets sold and even working capital. we cant just stick to just 1 product due to the whole ecosystem designed around each and hence interdependent just like links in chain. We’ve huge potential even in space domains where we can even help isro drdo to excel further( although we’ve not dared to do POCs due to obviously resources crunch …) Kindly guide us to get ourselves govt/philanthropical grants of order 45L onwards so that we can switch ON the sales marketing and kickstart the giants propeller engines alike huge ships to start the immense potential voyages , with deserving stakeholders onboard. working capital needs of order of 50xL is of prime importance /criticality. thank you for your time. BR, founders Chandra kpchandra49 at gmail NB kindly share your contact emails or ping us directly referencing this page’s online matter
Ans: The Government of India has certain grant schemes for start-ups. Visit https://www.startupindia.gov.in/ to get details. I think there are over 20 funding schemes. Certain State governments too have innovation voucher or other start-up assistance programmes. See what suits your needs.

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Chandu

Chandu Nair  |65 Answers  |Ask -

VC, Angel Investing, Entrepreneurship Expert - Answered on Jul 08, 2024

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Dear Sir , I have been in the general insurance industry for the past 10 yrs. I am new to entrepreneurship. Probably a first time entrepreneur from.my family. I have an idea in health/healthtech sector which i strongly believe fills a big void in the current societal set up. I do not have any clue how to proceed further. Ive now quit my job and working on this idea. Would you be able to guide on my next steps?
Ans: In the past too, I have suggested approaches to take with respect to identifying and validating business ideas to previous Rediff users. Kindly go through the same. Let me repeat it here.
There are several opportunities but you need to focus on those which
1) are relevant to your experience, expertise,network, passion,
2) take into account finance available or that can be organised by you, plus
3) offer growing prospects.
Re your idea in health/ healthtech, I would request you to do a lot of research, secondary first, and then primary. That will help you understand which specific niche you might want to target. There are several aspects to consider here. If you don't have relevant experience, expertise and contacts in this industry, it would be good to build that or co-opt co-founders with complementary skills. It may be useful to join an incubator.
Before that, it may be good to develop a better understanding of entrepreneurship and what it entails. You could do online courses or listen to seasoned, successful entrepreneurs online or talk to such people in the real world and even build a network of potential entrepreneurs. Remember, entrepreneurship is high risk and one needs to anticipate the risks, manage them and mitigate. It is a journey which can be rewarding too if one stays the course.

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Krishna

Krishna Kumar  |358 Answers  |Ask -

Workplace Expert - Answered on Jul 26, 2024

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